Accounting

Construction Technology and Software Rundown: August 6, 2021

by Marla McIntyre | Aug 4, 2021
Accounting | Productivity | Robotics | Technology

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

by Robert Mercado | Jul 27, 2021
Accounting | Business | Finance | Project Management

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.

Understand and Reduce Operation Costs in Construction

A smart, strategic approach is required for any construction company to reduce operating costs.

Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

by Lori J. Drake | Jul 22, 2021
Accounting | Business | Finance | Project Management

Managing payments and the paperwork that goes with them is key to ensuring that construction businesses have the funds they need to grow and build their businesses.

Subcontractor Strategies to Maximize Payment in Bankruptcy

by Nathaniel Story, Brittany Falabella | Jul 20, 2021
Accounting | Business | Finance

When a contractor files for bankruptcy protection, it impacts the entire chain. How do other parties get paid?

Construction Technology and Software Rundown: July 23, 2021

Apps SafeSite Check In digital check in, jobsite safety and productivity app now features detailed weekly reports containing activities and hours worked by subcontractors, employees and project via daily log automation. Supervisors can upload pictures [...]

Optimize the Balance Sheet to Find Hidden Equity

by Christopher Sisk, Robert Mercado | Jul 13, 2021
Accounting | Business | Business Development | Finance

Scrutinize accounts more fully to ensure the amounts are recorded properly and maximize the equity of your company.

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Construction Technology and Software Rundown: August 6, 2021

Five Reasons Construction Companies Need a Payment Strategy

Understanding the Eichleay Formula: Recovering Compensation From Project Delays

Understand and Reduce Operation Costs in Construction

Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

Subcontractor Strategies to Maximize Payment in Bankruptcy

Construction Technology and Software Rundown: July 23, 2021

Optimize the Balance Sheet to Find Hidden Equity

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