Best Practices Archives - Page 3 of 32

Don’t Fall Into the Apples-to-Apples Trap 0

By Chad Prinkey, Well Built Construction Consulting Buyers of all types have been using the term “apples to apples” for several decades; however, the term is unrealistic for use in selecting contractors due to the inherent differences between products, such as apples, and services, like construction. And yet, how often are you confronted by buyers

Top 10 Billing Best Practices for Subcontractors 0

By Claire Wilson, Siteline Billing is the heartbeat of every subcontractor’s business. Yet for many companies, it’s also the source of their greatest stress. Slow payments, complex GC requirements, and compliance oversights all create challenges that ripple from the back office to the field. According to Siteline’s State of Subcontractor Billing in 2025, subcontractors wait

Understanding a Project through a Performance Timeline 0

By Kent Winger, PE, Delve Underground Best Practices for Evaluating a Project’s Performance and Reasons for Delay Some of the construction claims that Delve Underground works on involve evaluating a project’s problems and the resulting delays to the project’s schedule. We often rely on the contemporaneous monthly project schedule updates to evaluate the progress of

Navigating Tariffs, Talent Gaps, and Market Volatility in Construction 0
- Best Practices, Documentation, Forcasting, Leadership, TECHNOLOGY
- October 28, 2025
By Matt McCammon, AvidXchange Tariffs, labor shortages, and shifting market conditions continue to challenge construction finance teams. But with the right strategy, you can stay ahead of the disruption. Learn how leaders in construction are adapting their operations—and how AP automation can help bring clarity and control to uncertain times. The construction industry stands at
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Payment Compliance: The Keystone of Stronger Contracts 0
- Best Practices, FINANCE, Outlook & Trends, Payment
- August 28, 2025
By Patrick Hogan, handle.com Payment rarely moves without friction in construction. Even with favorable terms, cash flow hinges on meeting every procedural requirement tied to each draw, progress payment, or final release. Payment compliance is the operational side of contract strength, the process that turns written rights into actual funds received. A well-written agreement can
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Drive Your Business Like You Own It: The Budget, WIP, and Cash Flow Tools That Keep You Moving 0
- Best Practices, Cash Management, FINANCE
- August 28, 2025
By Tonya Schulte, The Profit Constructors Let’s get something out of the way: I’m not a CPA. And to be clear—CPAs absolutely have their place. If you need help with tax preparation, audits, financial reviews, or navigating complex compliance requirements, a skilled CPA is the person you want in your corner. We work alongside great
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