Tag: Credit Management
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CFM Review, 05-05-2017 | Housing News and a New, Free Resource from zlien
This week’s Construction Financial Manager Review features a selection of interesting articles from across the industry this week. Our goal is to make it easy for all construction financial professionals to stay informed about what matters to them.
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Construction Financial Manager Review | April 21, 2017
This week’s Construction Financial Manager Review features a selection of interesting articles from across the industry this week. Our goal is to make it easy for all construction financial professionals to stay informed about what matters to them.
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Construction Financial Manager Review | April 7, 2017
This week’s Construction Financial Manager Review features a selection of interesting articles from across the industry this week. Our goal is to make it easy for all construction financial professionals to stay informed about what matters to them.
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Why Credit Management in the Construction Industry Is Unique
The construction industry brings unique challenges to contractors and subcontractors when it comes to credit management. Extending credit on large-scale construction projects can be risky, as projects require a large upfront investment of both labor and materials, and because projects can span years with payments made in installments. Of course, extending credit and exposing oneself…
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How to Reduce DSO of Construction Invoices
Credit teams in the construction industry constantly battle late payments. In particular, subcontractors and suppliers performing labor or supplying materials to help permanently improve a property are farther removed from the money behind the project, and, therefore, must often deal with dreaded DSO (Days Sales Outstanding). Read on to find out some of the best…