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 With Q4 upon us and the following year just around the corner, keeping a close eye on how credit is extended and managed will be vital to setting up for success. Subcontractors must stay on top of their credit management practices to protect cash flow and keep things running smoothly. At
READ MOREBy Travis Mayor, Billd Being financially stable is all about your cash flow, how you manage risk, and the working capital options you use to run your business. A working capital stack that includes cash, lines of credit, material financing, and supplier terms allows you to pull from different sources of capital based on your
READ MOREBy Patrick Hogan, handle.com Credit professionals play a vital role in maintaining financial stability and ensuring the smooth operation of construction projects. They are essential for evaluating financial risks and establishing strong relationships with clients and partners. For individuals interested in pursuing a career in credit, especially within the construction industry, it’s crucial to understand
READ MOREBy Patrick Hogan, handle.com In the construction industry, new technology can make work faster and more accurate. Yet introducing new tools can sometimes be tricky because not everyone is on board right away. Clear and direct communication is critical to winning over your team. This article covers straightforward ways to talk about new technologies so
READ MOREBy Claire Wilson, Siteline For subcontractor accounting teams, there are few tasks as fraught with potential pitfalls as progress billing. What should be a well-orchestrated process to keep money flowing has become an arduous cycle of paperwork, customized forms, disparate payment portals, and a never-ending string of missing information. However, recent innovations in construction technology
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