by Derek Alfonso | Aug 23, 2024 | Best Practices, Blog
The construction industry, with its complex projects and myriad of stakeholders, relies heavily on clear communication and detailed planning. One critical aspect of this communication is the Request for Information (RFI) process. RFIs in construction are formal...
by Derek Alfonso | Jul 12, 2024 | Blog, Construction Accounting Tips, Finance
For construction industry professionals, the tracking of Labor Rate Variance (LRV) is a crucial element in project management and financial forecasting This metric measures the variance between the actual rate paid for labor and the standard or expected rate, thus...
by Derek Alfonso | Jul 10, 2024 | Blog, Construction KPIs
In the dynamic world of construction, financial foresight is the cornerstone of success. The Work Backlog by Project Manager (PM) stands as a testament to this, offering a forward-looking snapshot of the workload and revenue that lies ahead. Let’s unpack the...
by Derek Alfonso | Jul 8, 2024 | Best Practices, Blog
Top 5 BEST Report Practices for a New Report Creating effective reports is crucial for making informed decisions and driving construction business success. Anterra offers powerful tools to help you generate insightful reports. Here are the top five best/worst...
by Derek Alfonso | Jul 1, 2024 | Blog, Construction Accounting Tips, Module Highlights
In the fast-paced world of construction finance, having access to real-time, customizable reports is crucial for making informed decisions. This is where Ad Hoc Reporting by Anterra comes into play, offering unparalleled flexibility and precision. What is Ad Hoc...
by Pete Gallagher | Jun 26, 2024 | Blog, Forecasting, Module Highlights
This S Curve forecasting article first appeared in the CFMA Building Profits July/August 2023 Edition | by Pete Gallagher A construction company faces three primary visibility challenges in predicting the timing of job margin: understanding how work backlog...
