Do You Need Progress Billing Software? 9 Must-Ask Questions
- Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
- April 23, 2024
By Patrick Hogan, handle.com Year 2021 has been punctuated with various successes and struggles for the construction industry. While the COVID-19 crisis continues to pose challenges not only to public health but also to the economy, many construction companies have had the time to adjust accordingly and get back on their feet. However, this public
READ MOREBy Chad Pearson, Plexxis Software, Inc. As a former police officer I tend to be more sensitive to predatory behavior. An infallible truth you learn in police work is that wherever you find opportunity, you find honest people serving others, and dishonest people serving themselves (at the expense of others). So that said, there is
READ MOREExamining the Upside of the Upside Down By Gregg Schoppman, FMI Sun Tzu, the author of The Art of War, was a military strategist and tactician that lived thousands of years ago. Yet he is arguably one of the most studied individuals by military minds, business leaders, coaches who leverage his countless principles and theories
READ MOREBy Mark Marone, PhD., Dale Carnegie and Associates The construction industry has entered a period of profound change, driven by digital transformation including the implementation of artificial intelligence (AI), arguably on a scale unlike anything seen before. A study by Dale Carnegie Training found that 67% of employees say they are already being impacted by
READ MOREBy Tom Bailey, Principal, Councilor, Buchanan & Mitchell, P.C. – CPAs & Business Advisors A good way to think about cash flow is to see it as your business’ wallet. Cash flow reports are crucial tools for business owners and managers to help them understand where their business’ money is coming and going, and when.
READ MOREBy Patrick Hogan, handle.com Construction companies are highly vulnerable to cash flow issues. In the construction business, parties get paid in full only after they finish working on a project, and one late payment can snowball into bigger financial problems. Contractors, subcontractors, and material suppliers must therefore manage their cash flow efficiently to prevent fatal
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