A Complete Guide to Construction Accounting Transformation
Construction accounting is different from standard accounting and typically requires a unique approach. Many contractors quickly outgrow the standard accounting practices and pivot to focus on the construction-specific requirements and procedures (e.g., WIP, job costing, AIA, certified payroll) necessary to stay compliant and run a profitable business at-scale. In this webinar, John Meibers, vice president […]
Make Work-in-Progress Work for You
Are you interested in optimizing cash flow? Learn how an accurate and timely Work-in-Progress (WIP) report allows you to stay on top of every project and maximize profitability.
How to Improve Your Job Costing With Field-to-Office Communication
As a contractor, you constantly have numerous moving parts, jobs to manage and administrative work to tend to. With job costing at the center of your business, field-to-office communication is key to increasing efficiency.
Deep Dive Into Construction Work in Progress
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.
Get Paid Faster With Cash-Flow Management
Even with a strong backlog, poorly managed cash flow can be problematic for a contractor. Slow invoicing, unexpected expenses and late payments from customers can cause serious cash-flow issues. Contractors that are disciplined in their management of contracts, billings, collections and report reviews are able to ensure that their business maintains a strong cash position.