FINANCE Archives

Do You Need Progress Billing Software? 9 Must-Ask Questions 0
- Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
- April 23, 2024
By 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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How to Master Your Financial KPIs with The Trigger Point Strategy 0
- FINANCE
- February 26, 2024
By Robbie Reynolds, Billd Every year you start with a target bottom line and build a plan to achieve it. And every year tens of unexpected twists and turns – both in your control and outside of it – put that plan (and your bottom line) at risk. So how do subcontracting executives build aREAD MORE
10 Financial Metrics To Track In 2024 And Beyond 0
- FINANCE
- December 18, 2023
By Claire Wilson, Siteline Effective financial management is crucial for success in any industry. But in an industry that involves substantial and frequent upfront investment, like construction, thorough financial oversight is especially important. Accounting teams rely on metrics (or key performance indicators) to assess business performance, manage risk, and make informed decisions that will ultimately
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5 Vital Tools for Cash Management in Your Construction Business 0

By Tonya Schulte, The Profit Constructors Maintaining a system that allows you to stay on top of how much money is coming in and how much is going out gives you the advantage many subcontractors miss. When you can see the flow of cash (as if you’re looking at the flow of a river), you

Small Business Guide: Financial Crisis Management for Subcontractors 0

By Patrick Hogan, handle.com Running a construction business is no small feat, and the challenges of operating in this industry are well-known. From financial fluctuations to regulatory hurdles, these challenges make subcontractors some of the toughest business people in any industry. For every issue, of course, there’s a long history of subcontractors learning lessons and

Exploring Financing Options for Your Company 0

By Nicole Hall, Solidus When a company is seeking financing, it has several options to consider – the source of the loan, and the type of loan. and each has its own plusses and minuses: Traditional Bank Loans: These are loans obtained from traditional financial institutions like banks. They often have favorable interest rates and

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FINANCE

Do You Need Progress Billing Software? 9 Must-Ask Questions 0

How to Master Your Financial KPIs with The Trigger Point Strategy 0

10 Financial Metrics To Track In 2024 And Beyond 0

5 Vital Tools for Cash Management in Your Construction Business 0

Small Business Guide: Financial Crisis Management for Subcontractors 0

Exploring Financing Options for Your Company 0

Latest Posts

Do You Need Progress Billing Software? 9 Must-Ask Questions

How to Master Your Financial KPIs with The Trigger Point Strategy

10 Financial Metrics To Track In 2024 And Beyond

5 Vital Tools for Cash Management in Your Construction Business

Small Business Guide: Financial Crisis Management for Subcontractors

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