by Charles Merwin | Apr 11, 2025 | Blog
What Is a WIP Schedule in Construction? Nearly 9 out of 10 large-scale construction projects (85.5%) are delivered late, with almost a quarter (22.7%) being more than 250 days behind schedule. To stay on track, construction companies use a Work-in-Progress (WIP)...
by Derek Alfonso | Feb 19, 2025 | Blog
Essential Construction Software for Each Phase of the Project Lifecycle Introduction: Understanding the Importance of Construction Software in Project Management construction project management software, project lifecycle, construction technology, software solutions...
by Derek Alfonso | Feb 14, 2025 | Best Practices, Blog, Construction Accounting Tips, Thought Leadership
The construction industry is experiencing a digital transformation driven by big data analytics. Since the advent of computerization in the 1990s, data-driven decision-making has revolutionized business operations across sectors. The construction industry, while...
by Derek Alfonso | Feb 5, 2025 | Best Practices, Blog, Construction Accounting Tips
In construction, your profit margins can vanish with a few missteps. A scheduling delay here, a cost overrun there, and suddenly, your projected 20% margin has dwindled to single digits. You might think it’s a matter of working harder, but it’s understanding and...
by Derek Alfonso | Jan 16, 2025 | Best Practices, Blog, Construction Reports, SQL Replication, Technology
The modern construction site is a business case in complexity. Teams are juggling countless subcontractors, coordinating material deliveries, managing equipment logistics, and adapting to inevitable scope changes and contract modifications. In response, an industry...
by Derek Alfonso | Dec 13, 2024 | Blog, Forecasting
Construction forecasting is a critical process that involves predicting future financial outcomes based on current and historical data. This practice allows construction companies to estimate revenues, expenses, and cash flow, enabling them to make informed decisions...
