Construction companies are always looking for ways to stay profitable and viable in a changing economy. Rising material costs and economic uncertainty make it crucial to stay profitable. One way to do this is by using new construction technologies. For small and medium construction businesses,
Read MoreAIA-Style Billing Challenges & How To Overcome Them
What is AIA-style billing? AIA-style billing is a system developed by the American Institute of Architects (AIA). AIA-style billing is a process for submitting payment applications for progress billing on construction projects. The system was created to make the process more organized and easier to
Read MoreNavigating Construction Payroll: A Guide for Contractors
Introduction to Construction Payroll Construction payroll has many complexities. Payroll for construction must provide solutions for complex and overlapping labor laws, union wages and benefits, numerous reporting requirements, and tax regimes for Federal, State, and Municipal tax regulations. Many contractors outsource payroll services. However, reliable
Read MoreChange Orders 101: Smoother Construction Project Management
Introduction to Change Orders Construction change orders play a critical role in the success of construction projects. While change orders can be difficult to track and handle, a clear and efficient change order process can help you manage your construction projects more efficiently overall. Without
Read MoreEfficient Construction Project Management: A Guide for Contractors
Construction Project Management Processes are the Key to Successful Job Completion Effective, efficient construction project management is the foundation for success in the industry. It ensures projects are completed on time, within budget, and to the highest quality standards. Projects have many moving parts, but
Read MoreHow to Avoid 6 Common Mistakes in Construction Cost Accounting
Effective construction cost accounting is vital to managing your construction business finances and keeping your finances on track. Because of the many specialized processes in construction accounting, contractors must pay close attention to construction specific practices like revenue recognition, purchase order management, and job costing.
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