Why QuickBooks Doesn’t Always Work for Construction Companies
Having the right tools for the job is important in any industry. While construction companies are known for using a lot of heavy machinery, they also depend on software for accounting. While every company’s accounting department deals with the bottom line, the financial practices of a company are dependent on its industry. QuickBooks is a…
Understanding the Lean Construction Phenomenon
Construction companies are good at adapting to changes in their industry by adopting new equipment and technology to get the job done. While having the right tools for the task is important, seasoned construction experts know that this doesn’t always equate to an efficient job. Sometimes the strategic approach to the job is just as…
The Top Technology Trends in Construction
Construction companies rely on the most up-to-date equipment to get the job done. This goes beyond heavy-duty machinery, and now more than ever means embracing new technological trends. The way a company handles communication and information management is vital to their success. Keeping projects on track and making sure clients are informed are both important…
The Key Metrics of a WIP
As a professional construction contractor, you already know that your WIP report is instrumental in demonstrating your project planning and financial capabilities. Completing this report once per month gives you the best chance of catching inefficiencies in your construction project. Once identified, you are then in a position to address those inefficiencies before your surety…