Accounting

Loan Options for Construction Stakeholders Once PPP Funding Runs Out

by Alexander Cohen | May 5, 2021
Accounting | Business | Finance

PPP funding is only a temporary solution for small businesses. A number of other SBA programs are available to assist owners in the construction industry and their clients.

New Lease Accounting Standard: Deferred But Not Forgotten

Although the new lease standard implementation has been deferred, contractors must review current and future lease agreements to proactively position and prepare the entity’s financials.

Construction Contractors Must Understand Retainage In 2021

Here is a guide to help contractors understand retainage and learn the process to manage it, with bonus facts that can be helpful when dealing with retainage in real-world scenarios.

Strategies for Surviving Recessions: Billing, Collections and Automation

Companies that execute automation, billing and collections in an efficient manner have a better chance of weathering turbulent times, boosting cash flow and improving efficiency.

Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise

Contractors can protect themselves from potential credit risks by prequalifying potential customers and closely following their credit policies to collect payment.

Six Construction Software Products for a Contractor’s Toolbox

by Emily Newton | Apr 17, 2021
Accounting | Productivity | Technology

Construction management software can enable collaboration among stakeholders and streamline everything from budget management and data collection to punch lists.

Construction Accounting and ERP Systems Make Busy Seasons a Little Less Busy

by Dawn Meeker, Chuck Schwartz | Apr 15, 2021
Accounting | Productivity | Project Management | Technology

Now is the time for contractors to look at how company financial data is generated and reported, and determine if they would benefit from an improved accounting or ERP system.

Data Across Construction Phases Is Finally Here

by Hugh Seaton | Apr 2, 2021
Accounting | Markets | Project Delivery | Project Management

The advent of REST APIs made APIs easy to use. Expect to see this newfound ability to easily communicate across systems to continue to knit together different systems, different formats and different silos.

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Loan Options for Construction Stakeholders Once PPP Funding Runs Out

New Lease Accounting Standard: Deferred But Not Forgotten

Construction Contractors Must Understand Retainage In 2021

Strategies for Surviving Recessions: Billing, Collections and Automation

Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise

Six Construction Software Products for a Contractor’s Toolbox

Construction Accounting and ERP Systems Make Busy Seasons a Little Less Busy

Data Across Construction Phases Is Finally Here

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