Accounts Payable Doesn’t Belong On Spreadsheets
| 3 Min Read | Accounts Payable Doesn’t belong on Spreadsheets Accounts payable in construction refers to the money due to suppliers and subcontractors. It includes all types of costs, such as overhead, direct and indirect. The accounts payable function is processing, verifying, reconciling and paying invoices in an appropriate amount if time. […]
Spreadsheets Can Hurt Your Profit And Ability To Track Costs
| 3 Min Read | Spreadsheets Can Hurt Your Profit And Ability To Track Costs Manual reporting isn’t just data entry, it’s collecting information, transitioning it into new formats such as graphs, Powerpoint and a PDF. It’s having to create formulas and templates. All of this wastes time. Construction cost management is hugely […]
Managing Supplier Statements – 3 Easy Tips
| 3 Min Read | Managing Supplier Statements – 3 Easy Tips A construction company will receive both invoices and a statement at the end of each month from their supplier. Let’s have a look at the differences between the two and some tips on how to manage supplier statements and make sure that […]
What Are The Benefits Of Using Purchase Orders On Construction Projects?
| 3 Min Read | What Are The Benefits Of Using Purchase Orders on Construction Projects? A purchase order is a must for business management. It is a document that confirms an order for construction materials, sent from a buyer to a material supplier, equipment renter or subcontractor. When a purchase order is accepted, […]
5 Simple Steps to Generate Work for Your Construction Company Through Linkedin
| 2 Min Read | 5 Simple Steps To Generate Work for Your Construction Company Through Linkedin To get started follow these steps LinkedIn is a business-oriented social network with more than 550 million members. It doesn’t only provide a place to find jobs. You can also use this free service to generate […]
3 Basic Tax Saving Tips To Benefit Your Construction Business
| 3 Min Read | 3 Basic Tax Saving Tips To Benefit Your Construction Business Deductions from your paycheque require serious consideration, and you deserve to know why they occur. At Irish Tax Rebates’ Tax Tips, they help you understand tax laws and how they affect your income for your construction business. With […]
5 Simple Tips for Winning Your Next Construction Project
| 3 Min Read | 5 Simple Tips for Winning Your Next Construction Project Improve the percentages Bidding/tendering for projects can be an exhausting task, but is necessary in every contracting business to keep the doors open. We believe all processes can be improved, so here are a few tips that may help improve […]