Resource / Construction accounting
Construction Invoicing: 5 Steps to Get Paid on Time In 2023

Construction Blog

Construction Invoicing: 5 Steps to Get Paid on Time In 2023

In 2021, 97% out of 764 surveyed construction professionals said they experience stress from slow payments and cash flow problems. This creates a chain reaction of financial hardship for the construction companies, resulting in reduced profits, project delays, etc. But hold on; why should this be the case? Getting your construction invoicing payments on time […]

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Manage Payments Reliably: Top 9 Contractor Invoice Software in 2024

Construction Blog

Manage Payments Reliably: Top 9 Contractor Invoice Software in 2024

Regardless of the sphere of your construction activity, as a contractor, you will have to deal with invoicing. Creating accurate invoices can be as time-consuming and frustrating as dealing with clients who don’t pay on time. Documentation management and automation are crucial to streamlining the workflow so that you can focus on your business goals. […]

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Construction Accounting 101: Principles and Best Practices

Construction Blog

Construction Accounting 101: Principles and Best Practices

Construction accounting is a unique branch of accounting that reflects the specific financial needs of contractors and construction companies. It’s not a parallel universe, but it’s worth knowing some important differences between construction accounting and other types of business accounting. Construction projects are usually larger and more complex than other types of business venture. So, […]

19 mins read Read more