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Home » Topic » Business » Finance

The Importance of Benchmarking in Construction

by RubinBrown LLP | Sep 8, 2021
Accounting | Business | Finance | Project Management

Contractors may think their bid win rate is "really good,” but what defines really good? There are several reasons every construction company should be doing at least some basic benchmarking.

Small and Medium Construction Companies Lose Billions in Payroll: Here’s What Owners Can Do

by Nic De Bonis | Sep 8, 2021
Accounting | Business | Finance

Construction companies are overpaying payroll by $7 billion annually, and that’s a conservative estimate. By leaning into technology and embracing the right tools, construction companies can reduce the amount of payroll error.

Five Advantages of Switching to Digital Contracts

by Dago Garcia | Aug 31, 2021
Accounting | Business | Contracts | Finance | Legal and Regulatory | Project Management

Contractors can take advantage of modern tools to establish new lines of business to reach customers.

Construction Business Owners May Be Able to Multiply Retirement Savings

by Scott A. Poulin | Aug 24, 2021
Accounting | Business | Finance

Cash balance pension plans represent a powerful tool for maximizing tax-advantaged retirement savings.

2021 Executive Insights: Leaders in Construction Accounting

by Construction Executive | Aug 16, 2021
Accounting | Business | Executive Profiles | Finance

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™

by Construction Executive | Aug 16, 2021
Accounting | Business | Finance | Taxes

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.

ABC Greater Tennessee Requests Academy Funding

by Construction Executive | Aug 12, 2021
Business | Finance | Training | Workforce

The ABC Greater Tennessee Chapter has requested $1 million to fund a new trade skills academy.

Take Control of Job Costs With Intelligent, Cloud-Based Solutions

by Michael Bordelon | Aug 12, 2021
Finance | Technology

Advancements in technology are making it easier for users to capture and share data and information. Construction companies that aren’t adapting quickly enough to new technologies that enable connectivity are seeing profits plummet.
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