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Top 6 Essential Features for Construction Management Software
Construction management software has revolutionized the way contractors and project managers handle the complexities of construction...
Oct 26, 20245 min read


How to Maximize Your Construction Profit Margin
As a construction business owner, one of your primary goals is to increase your profits while keeping costs under control. But how...
Oct 24, 20244 min read


How to Integrate QuickBooks and JobTread for Accounting Efficiency
To stay competitive in today's fast-paced building business, you need to keep good track of your money. Adding QuickBooks to JobTread is one of the best ways to make accounting work more efficiently. By combining these two powerful tools, contractors can make their accounting tasks easier and make sure they stay on top of daily bookkeepin g, job costing, and financial reports. This guide will show you how to get started and how this construction software QuickBooks integrat
Oct 20, 20244 min read


The Impact of WIP Report on Construction Balance Sheets
A very important part of construction accounting is keeping track of work-in-progress (WIP) , which has a big impact on the bottom line...
Aug 28, 20245 min read


A Guide to Construction Cost Estimates: Types, Methods, and Examples
In construction, accurate cost estimates are vital for project success. Whether you're a contractor, project manager, or owner, understanding estimation methods ensures effective planning and execution. A precise estimate controls the budget, allocates resources efficiently, and minimizes cost overruns. A thorough estimate covers both direct and indirect costs, factoring in site conditions, project scope, and market trends. Including contingency funds and profit margins ensu
Aug 22, 20244 min read


Top 4 Effective Strategies To Reduce Construction Overhead Costs
In the construction industry, overhead costs can significantly impact a project’s profitability and overall financial health....
Jul 12, 20244 min read


Purchase Order Process in Construction: All You Need To Know
In the complex world of construction, managing finances and resources efficiently is crucial for project success. One key aspect of this...
Jul 5, 20244 min read


Why Key Performance Indicators Are Crucial for Construction Success
In the dynamic and complex world of construction, managing projects efficiently and effectively is paramount. This is where key...
Jun 28, 20245 min read


4 Proven Strategies to Control Your Construction Material Costs
In the construction industry, controlling material costs is crucial for maintaining profitability and staying competitive. Construction cost management is a key discipline that involves planning, estimating, budgeting, and controlling costs throughout a project's lifecycle to ensure financial success. The price of materials can significantly impact overall construction costs and the total budget of a construction project, and without proper management, costs can quickly spir
Jun 22, 20247 min read


Understanding Cost-Plus Contracts in Construction: Pros and Cons
Choosing the right type of contract is important for the success of every construction project. One popular type of agreement is the...
Jun 19, 20244 min read


Top 5 Construction Billing Methods & Key Considerations
Effective billing practices are crucial for maintaining a healthy cash flow as a contractor. It also ensures the financial success of...
Jun 7, 20244 min read


How to Allocate Overhead Costs in Construction: A Beginner's Guide
In the construction industry, understanding and effectively managing overhead allocation is crucial for maintaining profitability and...
May 25, 20245 min read
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