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How to Invoice as a Contractor: Practical Tips for Effective Invoicing
Invoicing can be tough for construction business owners. This is because projects are complex and it's hard to track hours and payments....
May 25, 20233 min read
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Cash Flow Woes? How the Accounts Receivable Aging Report Helps Contractors Get Paid on Time
Any business must managing and operating cash flow , but construction contractors must do so even more. With the often-lagging payment...
May 22, 20235 min read
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Accounts Receivable Aging FAQs for Successful Contractors
Are you a contractor looking to manage your accounts receivable more effectively? Do you want to know what accounts receivable aging is...
May 20, 20235 min read
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4 Easy Steps for Contractors to Create an Accounts Receivable Aging Report [Infographic]
In the world of business, there was a concept that was essential for every company's financial health: accounts receivable . It refers to...
May 18, 20233 min read
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Accounts Receivable (AR) Aging Report: Definition, Calculation, and Benefits
Do you feel like a hamster on a wheel, always chasing payments and worrying about cash flow ? Are you frustrated by inaccurate invoicing,...
May 18, 20234 min read
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What is an Accounts Receivable Aging Report in Construction?
Do you ever feel like managing finances for your construction business is like trying to solve a Rubik's cube blindfolded? And when you...
May 17, 20235 min read
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14 Practical Tips to Improve Construction Accounts Receivable Turnover Ratio In a Recession
In 2023, many contractors are worried about the economic downturn and its impact on the construction industry . During a recession,...
May 12, 20234 min read
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What Is Accounts Receivable Turnover Ratio and How to Calculate It?
We use a ratio called Accounts Receivable Turnover (ART) to see how quickly clients pay.
May 11, 20234 min read
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Contractors Get Paid Faster: What Is CEI in Accounting?
Are unpaid invoices and late payments causing you financial headaches? Are you ready to improve your collection efforts and achieve...
May 8, 20234 min read
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What Is an Invoice? Everything Contractors Need to Know
As a construction business owner, you know how crucial it is to keep cash flowing into your company. One of the simplest and most...
May 8, 20233 min read
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Understanding Accounts Receivable vs Accounts Payable in Construction
Here's a comparison table that highlights some key differences between accounts payable and receivable
May 4, 20234 min read
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Optimizing Credit Policy for Contractors' A/R Management
Meet John, a construction business owner who has been in the industry for over a decade. John takes pride in delivering quality projects...
May 4, 20235 min read
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