Tag: Construction Technology
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Still Using “Angry Phone Calls” or “Prayer” to Get Paid? See the Top 11 Wrong Ways to Manage Lien Rights.
Many of our customers that fall into the “in-house category” simply realize that lien rights management is better left to the experts like zlien, and they could be doing far more valuable work with all of the time spent trying to navigate complex lien laws. For companies lucky enough to be growing, it often doesn’t…
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Construction Payment Technology Can Present Difficulties to Set Accounting Procedures
It’s no secret that the construction industry faces difficulties in payment and associated problems related to cash-flow management. Because of these difficulties, it’s usually important for a construction company accountant (or the person wearing the cash-management hat) to be exceptionally organized and follow set procedures, even if those procedures are sometimes pushed aside. The business…
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The Benefits of Adopting Lien Waiver Technology – Get Paid Faster
No matter how big the project, lien waivers can cause a headache for all parties if mismanaged. The time spent waiting on lien waiver process can add a significant number of unnecessary days to the already-too-long wait to get paid in construction. However, by utilizing technology to manage the entire lien rights process – including…
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Implementing New Technology: Tips for the Construction Industry
Some of the reasons small and medium businesses may look into technology is to both improve over current methods (whether that’s paper or an outdated technology) and increase productivity. Though construction companies may be used to utilizing mounds of paper, firm handshakes, and wet signatures to do business, it’s a good idea to evaluate new…
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How to Be a Successful Office Manager in the Construction Industry
From talking with office managers in construction, we know that they are responsible for a lot more than just paperwork. Office managers often wear many hats and are responsible for many important business functions such as Cash Management (often they’re responsible for both money coming in and going out the door), Accounting & Bookkeeping, Human…