Over 80% of contractors report delays in payment. For many, those delays stretch from weeks into months. You pay your workers and buy what you need, but you’re still asking the client to send your money. Late payments don’t frustrate—they threaten survival. More than half of construction businesses that shut down cite cash flow as […]
Construction Billing Methods Explained: Which One is Right for You? Read Post »
Construction submittals are a critical part of any project,ensuring that materials,products,and methods align with project specifications. The primary goal of construction submittals is to verify that all proposed elements meet the project’s design and quality standards before installation begins. This process helps prevent costly mistakes,reduces delays,and maintains quality control. Studies have shown that rework can
Construction Submittals for General Contractors: What You Need to Know Read Post »
Are you thinking about submitting a bid for a construction project? Bidding too low can result in not having enough work and less earnings. Bidding on too many projects or on the wrong projects can cause problems to the company. Studies show that successful construction companies win about 20% to 25% of their bids. This
Construction Bidding Process – Everything You Need Know Read Post »
Construction is a key industry that is growing quickly in the US. The US government is investing heavily into building commercial structures like airports, hotels, hospitals, universities, and office buildings. According to businessmarketinsights, the market for US Construction Accounting Software is growing at a rate of 5.5% each year. It is expected to reach $331.00
Top 7 Construction Accounting Software to Watch Out For Read Post »
Mark had spent 15 years in construction. He built a solid business, led a reliable crew, and knew job sites inside out. But managing numbers? That was a different story. He handled costs the way he was taught—gut instinct, rough estimates, and hoping it all balanced out. It worked. Until it didn’t. One day, Mark
Why Job Costing Software in Cost Accounting Will Be Your Next Big Obsession Read Post »
The delivery truck arrives at the construction site. As the storage door swings open, a chilling realization sets in. The raw materials are all wrong, mismatched and inadequate for the task ahead. You get a call from the client even before you can process this. The client has now decided to opt for premium materials
What You Need to Know About Construction Change Orders Read Post »
