You’ve finished the work on time. Your crew did an excellent job, and the project is ahead of schedule. But it’s been 45 days since you submitted your invoice, and you still haven’t been paid. Sound familiar? The average construction payment cycle stretches to 83 days, nearly three months from invoice submission to payment. That’s not just frustrating, it’s a cash flow crisis that can disrupt your entire operation. The problem isn’t always that clients refuse to pay, it’s oft

Progress billing is a vital tool for construction contractors and service providers who manage long-term projects with multiple phases or...

Cash flow is very important in the building business. But when jobs take weeks or months, freelancers rarely get paid in full up front or...

Effective billing is a crucial part of construction project management, directly influencing cash flow, project transparency, client satisfaction, and overall profitability. Two of the most common invoicing methods in the construction industry are progress billing and lump sum billing . Understanding the differences between these methods is essential for contractors, subcontractors, and project owners to make informed decisions and manage their projects efficiently. This sec

When it comes to billing in the construction industry, two methods often come up in conversation: AIA Billing and Progress Billing . Both...

This is the most used and helpful report for contractors. By showing both estimate and actual cost and estimate and actual revenue, this rep