Accounts Receivable 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,...
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- May 17
- 5 min
What is an Accounts Receivable Aging Report in the Construction Industry?
Do you ever feel like managing finances for your construction business is like trying to solve a Rubik's cube blindfolded? And when you...
12
- May 12
- 4 min
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,...
5
- May 11
- 4 min
What Is A Good Accounts Receivable Turnover Ratio and How to Calculate It?
We use a ratio called Accounts Receivable Turnover (ART) to see how quickly clients pay.
10
- May 8
- 4 min
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...
5
- May 8
- 3 min
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...
26
- May 4
- 4 min
Understanding Accounts Receivable vs Accounts Payable in Construction
Here's a comparison table that highlights some key differences between accounts payable and receivable
7
- May 4
- 5 min
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...
11
- Apr 28
- 4 min
Is Accounts Receivable an Asset? A Guide for Construction Business Owners
As a construction owner, knowing if accounts receivable are an asset or a liability can make a huge difference. It is the difference...
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![How to Get a Client to Pay an Invoice Quickly: 14 Contractor Tips [Infographic]](https://static.wixstatic.com/media/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.png/v1/fill/w_222,h_167,fp_0.50_0.50,q_95,enc_auto/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.png)
- Apr 26
- 2 min
How to Get a Client to Pay an Invoice Quickly: 14 Contractor Tips [Infographic]
Despite the pandemic-induced slowdown, the construction industry is bouncing back with a boom! However, for many contractors, the...
16
- Apr 25
- 4 min
Top 8 Tips for Contractors to Improve Accounts Receivable Collections
Good accounts receivable management is one of the best ways to get paid quickly. But sometimes, customers don't pay their bills on time,...
7
- Apr 24
- 5 min
Understand Construction Customers That Don't Pay - How to Deal With It
Are you tired of chasing down payments and dealing with the headache of late or non-payments in your construction business? You are not...
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