Do You Need Progress Billing Software? 9 Must-Ask Questions
- Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
- April 23, 2024
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
READ MOREBy 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
READ MOREBy 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
READ MOREOptimize processes and implement chargeback allocation strategies to increase profit.
READ MORE