by Adam Oblath | Sep 19, 2024 | Blog, Construction KPIs, Module Highlights
A key KPI for construction accounting is Construction Work in Progress (WIP). WIP is the measure of the progress of a project which provides insights into the health of operations. What is Construction WIP? A Complete Guide Work in Progress in construction...
by Adam Oblath | Sep 14, 2024 | Blog, Finance
AP Strategy In the construction industry, managing accounts payable (AP) is not just about paying bills. It’s a strategic activity that influences a company’s cash flow, vendor relationships, and overall financial health. Anterra’s AP Trend widget...
by Adam Oblath | Sep 11, 2024 | Blog, Module Highlights
Understanding Timed Cash Flow Forecasting In the construction industry, managing finances is not just about tracking expenses and revenues; it’s about strategic foresight and meticulous planning. Timed cash flow forecasting is a pivotal process in ensuring the...
by Adam Oblath | Sep 10, 2024 | Blog, Construction KPIs
For the construction industry, financial stability hinges on the ability to manage and predict project profitability. A critical aspect of this is understanding the concepts of job margin gain and fade. These terms refer to the fluctuations in profit margins...
by Adam Oblath | Sep 7, 2024 | Best Practices, Blog
The Potential to Succeed The construction industry is experiencing remarkable growth potential, driven by increasing demand for infrastructure development, residential projects, and commercial spaces. As urbanization continues to rise and economies expand, the need...
by Adam Oblath | Sep 5, 2024 | Blog, Module Highlights
Streamline your AR Collections Managing accounts receivable (AR) in construction finance is essential for maintaining healthy cash flow and ensuring business stability. One way for construction companies to get paid faster is with the Customer Hub interface in the...