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.
This webinar will focus on insights from industry finance professionals who have leveraged technology to change the way they approach their roles. The goal of this webinar is to inspire thought-provoking ideas that may help other companies improve the way they run their business and their finance departments. With all the talk about AI across […]
Digitalization is a business imperative for construction firms that want to compete and win in a hypercompetitive and volatile marketplace in 2023. This webinar will explore five key areas that will empower a digital-first workforce to win in 2023.
Associated Builders and Contractors projects that the construction industry will need to add an estimated 546,000 workers on top of the normal pace of hiring in 2023 to meet demand. But research reveals that many construction companies are having a hard time filling their salaried and hourly craft positions. As a result, they’re looking for […]
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.
In this session, Construction Data Strategist Meena Abdelkodoos will discuss practical advice for leveraging data analytics to drive better decision making across your construction business.
Anirban Basu, chief economist for Associated Builders and Contractors, returns for the first of his 2023 quarterly economic forecast webinars. This webinar will review the circumstances at the end of Q1 2023 and discuss the risks and opportunities for the industry during the rest of the year. Basu’s presentations frequently reference the Architecture Billings Index, […]
While the construction industry has lagged somewhat in the adoption of enterprise resource planning (ERP) software, this is changing as digitalization reaches every business sector. A window of opportunity is open for construction firms that adopt digital business processes before their competitors—including purpose-built ERP software. A construction ERP system sets a foundation that digitizes and […]
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s 2023 Construction Economic Update and Forecast on Dec. 14. As a year of recovery and growth wraps up and a year of uncertainty looms ahead, Basu will review up-to-date construction and general economic metrics, as well as his predictions for the future. […]
Digital transformation is now top of the agenda for many construction firms, becoming a high-priority initiative to maintain competitiveness in a tough market. Hear experts discuss recent construction survey results and the current state of digitization in the sector, with a strong emphasis placed on construction workflows and business processes.