6 Ways To Improve Productivity In Construction Using Technology
- Improving Productivity, TECHNOLOGY
- November 28, 2023
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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
READ MORELowering 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
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How 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,
READ MOREEssential 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
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- ASA President's Letter
- April 22, 2025
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- Legally Speaking, Risk Management
- April 22, 2025
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