Construction Business Owners May Be Able to Multiply Retirement Savings
Cash balance pension plans represent a powerful tool for maximizing tax-advantaged retirement savings.
2021 Executive Insights: Leaders in Construction Accounting
What is the importance of establishing and using cost codes in accounting software? Bill Gustaw Team Leader, Solutions Group CMiC The Importance of Applying Generally Accepted Accounting Principles, Demonstrating Auditability and Incorporating Security Measures in [...]
The Top 50 Construction Accounting Firms™
For this 2021 ranking of The Top 50 Construction Accounting Firms™, <i>Construction Executive</i> reached out to U.S. accounting firms to learn how they are guiding clients amid ongoing economic uncertainty.
Maximize Cash Flow With ACH, Payment Automation and Clean Operations
The process of collecting and managing cash is defined as “cash management”—and it is a critical component of a company’s overall financial health. Here are three tactical steps contractors can take to boost cash flow.
Contractors Eager for Growth Must Overcome Cash-Flow Challenges
While contractors have maintained an entrepreneurial spirit, they still face a variety of cash-flow challenges barring them from growth.
Construction Technology and Software Rundown: August 6, 2021
Apps Genda’s IOT device network collects project field data, tracking work performed, manager inspections, safety hazards and progress roadblocks for an understanding of where time and resources are wasted and how to eliminate it. Construction [...]
Five Reasons Construction Companies Need a Payment Strategy
Construction companies need a payment strategy to accelerate payments now more than ever.
Understanding the Eichleay Formula: Recovering Compensation From Project Delays
If a construction project is delayed by the actions of the project owner or another contractor, the delayed contractor has the right to request compensation for the impact of the delay. The most common calculation related to compensation recovery is the Eichleay formula.
