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Home » Topic » Business

Wearables: Driving Jobsite Productivity and Profitability

by Bob Dolan | May 30, 2021
Productivity | Technology | Wearables

Using data from wearables gives contractors insights into workforce productivity and equipment usage, and the tools to understand the interaction among workers, equipment and jobsite environment.

Significant Impacts of Revenue Recognition Under New Topic 606

by James Wiedemann, Robert Mercado | May 27, 2021
Accounting | Business | Finance | Legal and Regulatory | Regulations

Understanding the new revenue recognition standard is essential to determine how it will impact contractors' financial statements.

Work Smarter With Streamlined Submittals in 2021

by Nancy Novak | May 26, 2021
Accounting | Business | Finance | Project Management

By standardizing specifications and prioritizing what and how submittals are reviewed, contractors can significantly short circuit the front-end work and get projects started more quickly.

The ConTech Revolution is Here

by Matt Daly | May 24, 2021
Data Analytics | Productivity | Technology

A new wave of construction tech, fueled by reality capture data and powered by machine vision, is leading the way for a massive, positive disruption of the industry.

Blockchain: Automating Construction Contract Performance and Legal Notifications

by Jason Lambert | May 22, 2021
Contracts | Data Analytics | Legal and Regulatory | Productivity | Risk Management

Blockchain can bring dramatic changes to the construction industry by automating contract performance tracking and fulfillment and automating contractual and legal notices.

Money Alone Won’t Ship the Construction Materials Needed for Construction Projects

by Jake Clopton | May 22, 2021
Economy | Markets

Despite the large amounts of liquidity currently available and low interest rates, the costs to ship materials have been going up for years—and this trend has only been amplified by COVID-19.

Five Ways Digital Transformation Is Optimizing the Construction Industry

by Mike Merrill | May 21, 2021
Productivity | Technology

Digital transformation is a continual process for companies to streamline operations, cut costs and achieve goals. Realizing digital transformation can be achieved step by step.

Construction Financial Management in the COVID Economy

by Cybele Tamulonis | May 20, 2021
Business | Finance

As the nation races to vaccinate more than 320 million citizens, construction firms have been busy catching up on backlog, keeping workers safe and grappling with the complexities of construction finance during a pandemic.
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