Construction Industry Insights
-
Your construction bookkeeping FAQs (answered).
What is the difference between construction bookkeeping and traditional bookkeeping? Why do clean books matter? When is it time to outsource your bookkeeping services? In this post, we’re answering your construction bookkeeping FAQs and sharing steps you can take toward less stressful bookkeeping.
-
Top technology to improve your construction organization’s operations
Embrace construction tech to improve productivity and safety. With more industry leaders investing in digital solutions, tech like AI, augmented reality (AR), and Building Information Modeling (BIM) makes for smarter structures, more efficient processes, and increased cost savings.
-
Benefits of Embracing Sustainable Construction Practices
Sustainable construction uses materials, processes, and techniques with a decreased impact on the environment. Approaches like LED lighting, renewable energy, and recycled metals result in more durable structures that are easier to maintain, more energy efficient, and less wasteful with resources.
-
Let’s Get Surety: Episode #103 – Accounting Needs for Small Contractors
NLA Founder and CEO Jessica Krause sits down with NASBP’s Let’s Get Surety podcast to discuss the crossover between construction accounting and surety.
-
6 Bookkeeping Tips for Construction Companies
Construction bookkeeping is complex due to unique projects, direct and indirect costs, and payroll considerations. To streamline your processes, enter transactions in real-time, understand job costing, leverage automation, and consider outsourcing to a professional construction accounting firm.
-
Be Your Own CFO – Your Frequently Asked Questions (Answered).
From how the courses are structured to your investment and potential time commitment, this post answers your most common questions about our Be Your Own CFO course offerings.
-
How to Manage Construction Project Delays
Construction delays are inevitable, but with proper planning, you can minimize their impact. To help mitigate risks, use cloud-based management tools to include buffer time in project timelines, identify potential delays, develop contingency plans, and account for any financial impact.
-
7 Construction Industry Trends to Continue Watching in 2023 (and Beyond)
Construction faces ongoing supply chain issues, labor shortages, and rising costs. Key trends to watch include workforce diversification to supply more skilled labor, tech advancements like the Internet of Things (IoT) and 3D printing, and increased use of modular construction to reduce waste
-
9 Reasons Why Your Construction Company Should Outsource Accounting
Managing construction finances is tough but critical. With outsourced accounting, you gain access to industry expertise, cost savings, time efficiency, and custom software solutions. As a result, you’ll improve your cash flow, business reputation, and scalability while minimizing staffing issues.