Story Archive

Top 5 Job Costing Tips for Any Contractor
Job costing is an imperative element in construction accounting. It’s the method by which contractors track the expenditures and profits
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Mitigate Rising Construction Costs for Heavy Highway Projects with FOUNDATION®
The Federal Highway Administration has confirmed the cost of heavy highway projects has risen 53.8% over the last year according
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Interpreting 2023’s AIA Billing Index Scores
If you want to predict the construction industry’s economic trajectory, my professional philosophy has always been “Keep an eye on
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Paying Attention to the Seasonality of Construction
One thing I’m noticing this summer is that the industry looks like it’s returned to its pre-COVID conditions. It’s been
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Why Construction Subcontractors Need Better Financial Solutions
You’d be hard pressed to find a type of entrepreneur more undervalued than the American subcontractor. Subs make critical contributions
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Forecasting Costs, Cash and Revenue with Real-Time Construction Data
Forecasting is critical for any well-run business, but it is even more so in construction, given the need to balance
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The Ultimate Guide to FOUNDATION® Modules
Getting the most out of your FOUNDATION system requires an understanding of its functionalities. Our construction accounting software integrates project
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The Issue of Backlogs in 2023
As we move through quarter two of 2023, I’m particularly interested in monitoring contractors’ backlogs. A backlog refers to the
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Using Technology to Manage the Complexity of Davis-Bacon Act Compliance
For contractors working on Davis-Bacon Act (DBA) or state prevailing wage projects, managing their monthly Department of Labor (DOL) compliance
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