6 Ways To Improve Productivity In Construction Using Technology
- Improving Productivity, TECHNOLOGY
- November 28, 2023
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Lowering DSO: Best Practices to Get Invoices Paid Faster0
- 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
READ MOREThe new era of subcontractor-led prequalification0
- Best Practices, Improving Productivity, Outlook & Trends
- April 25, 2022
By Bespoke Metrics With the increased adoption of prequalification technology supporting risk management, inefficiencies and inequalities are beginning to surface, particularly for subcontractors. This needs to be resolved by educating and empowering the subcontractor with digital tools that support their needs. Traditionally, prequalification has focused solely on the needs of general contractors, and has only
READ MOREHow To Stop Buying Into Projects With Your Own Money0
- FINANCE, Improving Productivity, Outlook & Trends
- April 25, 2022
By Duane Craig, Writer When you first saw the project, you thought the scope was too optimistic for the budget. But, you wanted to work with the owner, so you let the optimism take over. You started doubting your best estimate and began gradually convincing yourself it was probably too high. You signed the contract,
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Essential Construction KPIs to Improve Profits and Productivity0
- Best Practices, FINANCE, Improving Productivity, Risk Management
- April 25, 2022
By Grace Ellis, Autodesk Why Construction Teams Should Be Tracking Way More Than Financials How do you measure project success? For many of us, it’s easy to see financials as a leading indicator of performance. Is it over or under budget? And by how much? As owners and project executives usually are looking at high-level
READ MOREThe Great Resignation of 20210
- Best Practices, Outlook & Trends, Workforce & Professional Development
- January 25, 2022
By Jamie Hasty, SESCO Management Consultants The Great Resignation of 2021 is the biggest problem for US employers right now. More and more employees are quitting their job in favor of jobs that come with better compensation and benefits, work/life balance and more meaningful work. It is obvious that the Pandemic brought many changes to
READ MORELearning from 2021 for a Safe & Healthy 20220
- Best Practices, COVID-19, Documentation, Risk Management, Safety
- January 25, 2022
By Abby Fenzel, YellowBird Looking back at 2021, there’s a lot we can learn from the Top 10 OSHA fines. These fines can be the first indicator of what OSHA inspectors will be looking for when they inspect your site in 2022. Top 10 OSHA Fines in 2021 Fall Protection (General) Hazard Communication Respiratory Protection
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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Understanding the Experience Modification Rate
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- October 31, 2024
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