How to Simplify Billing and Invoicing in Construction Projects

The post How to Simplify Billing and Invoicing in Construction Projects appeared first on UK Construction Blog. Choosing the right construction accounting software helps contractors manage project finances effectively. With over 90 options available, selecting a solution that fits industry needs is critical. Key features such as job costing, WIP reporting, and retainage management ensure financial control throughout the project. This guide explains essential features, compares top software choices, and highlights best […]

New York’s Prompt Payment Act creates issues for contractors

Recent amendments that limit the amount of retainage an owner can hold could lead to an accounting nightmare for construction firms, a real estate attorney said.

Metroun - What Is Project Cash Flow In Construction, 11052022

Keeping track of cash flow on a construction project can be essential for a lot of companies. This video takes a look at what project cash flow is and the reasons why cash flow can become negative and consequently, a problem on a project

Metroun - Retention in Construction - The Good, The Bad & The Alternatives, 27042022

A brief animated video about Retention that highlights: - the purpose of Retention, - the benefits, - when retention should be released, - the issues with retention, and - alternatives (to Retention)