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Numbers, Costing, KPIs – Oh My!0
- Cash Management, FINANCE
- April 26, 2022
By Jack Rubinger, Freelance Journalist Some construction firms are embracing key performance indicators (KPIs) beyond traditional financial metrics to develop a keener understanding of their projects, trends, and margin-eroding issues. Unfortunately, KPIs don’t always paint an accurate picture, according to Wally Adamchik of Construction Leadership. “Most are not using KPIs or THINK they are using
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Realism in Job Cost Integrity 0
- Cash Management, FINANCE, Payment
- April 26, 2022
Why some projects appear to be winning when they lose at the end By Gregg Schoppman, FMI The vicious job loop. An endless cycle of misrepresentations, mistruths, and fake news. There are so many things that can go wrong in job cost reporting and the interesting thing is that most of the issues lie NOT
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Lowering DSO: Best Practices to Get Invoices Paid Faster 0
- Cash Management, FINANCE, Risk Management
- April 26, 2022
By Patrick Hogan, Handle.com In construction, finance and credit managers know how crucial it is to keep a pulse on their DSO. Daily Sales Outstanding or DSO is a critical metric that provides a snapshot of how long it takes to collect on credit sale invoices. A higher DSO means significant work needs to be
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No Way to Cram in The Highlights – You Just Had to be There 0
- Always Something Awesome
- April 25, 2022
By Mary Klett, ASA Communications Team Member There’s a valid reason for industry conferences. They work. Where else can you bring hundreds of people together with similar objectives and passions, yet come at these goals from a myriad of different paths and perspectives? The discussions, idea bantering, and “what ifs” are sometimes overwhelming. But then
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Contractor Community – April 2022 0
- Contractor Community
- April 25, 2022
Welcome to our newest Platinum Sponsor – Automation and artificial intelligence are changing the nature of work. Future-proof your workforce and your career with insights, technology, and training from Autodesk. Prequalification Technology Built for and by Subcontractors As we operate during uncertain times, Subcontractor risk management has been instrumental in maintaining the integrity of the
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President’s Letter – April 2022 1
- ASA President's Letter
- April 25, 2022
Dear ASA Members: I hope everyone had a wonderful time with family over the Easter Weekend and is looking forward to warmer weather, summertime around the corner, and a bright future ahead. I know at Lone Star Paving, the temperatures are now well above freezing and we are into the hot mix asphalt season,
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