Are you a contractor looking to manage your accounts receivable more effectively? Do you want to know what accounts receivable aging is...

In the world of business, there was a concept that was essential for every company's financial health: accounts receivable . It refers to...

Do you feel like a hamster on a wheel, always chasing payments and worrying about cash flow ? Are you frustrated by inaccurate invoicing,...

Do you ever feel like managing finances for your construction business is like trying to solve a Rubik's cube blindfolded? And when you...

In 2023, many contractors are worried about the economic downturn and its impact on the construction industry . During a recession,...

We use a ratio called Accounts Receivable Turnover (ART) to see how quickly clients pay.

Are unpaid invoices and late payments causing you financial headaches? Are you ready to improve your collection efforts and achieve...

As a construction business owner, you know how crucial it is to keep cash flowing into your company. One of the simplest and most...

Here's a comparison table that highlights some key differences between accounts payable and receivable

Meet John, a construction business owner who has been in the industry for over a decade. John takes pride in delivering quality projects...

As a construction owner, knowing if accounts receivable are an asset or a liability can make a huge difference. It is the difference...

Despite the pandemic-induced slowdown, the construction industry is bouncing back with a boom! However, for many contractors, the...