Below are a mix of questions about your business and your software needs that together will play a big role in the price you ultimately pay for software. 1. How big is your business? Like any industry, there is a massive range in terms of the size of construction companies, from a few...
place, well after the contractors and suppliers have incurred the costs. Unlike retail goods and other personal property, most improvements to real property can’t be returned. If the owner doesn’t pay, the contractor generally can’t “take back” their product and resell it to another ...
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Products Solutions Resources Customer Stories Pricing Match internal costs or supplier invoices to purchase orders and connect them to the construction budget. Assign statuses to communicate how much to pay, to whom, and when. Enhance collaboration with supplier access. ...
Customers have complained about the software’s inability to adjust purchase orders after they’ve been created. The customizing of quotes is unnecessarily complex as are some of the other features, such as advanced editing. Also, the pay structure can get expensive fast if you want more features...
Get preapproved:Getting preapproved for a construction loan can provide a helpful understanding of how much you will be able to borrow for the project. This can be an important step to avoid paying for plans from an architect or drawing up blueprints for a home that you will not be able to...
Aschedule of valuesis a document that lists all line-item tasks that need to be completed along with an estimated budget for each task. Each line item should be updated with each draw request. Tracking work through the schedule of values helps keep track of how much money has been spent ...
In Arizona, Holland quickly learned how dramatically markets can differ by region. “One of the things you learn in life is if you want quality, especially in construction, you get what you pay for.” In the Phoenix area, there was a small sector of clientele willing to pay for the top...
capped. The GMP construction contract limits the amount the owner will have to pay, and any additional expenses incurred are covered by the contractor. These agreements limit the cost-risk for the customer. They clearly define the most the owner will have to pay, which makes budgeting much ...
Understanding the parties involved in payment bonds is key to comprehending how they function. A payment bond involves three parties: the principle, the surety and the obligee. The principal:Usually a general contractor on a project, theprincipalis the party whose ability to pay subcontractors and...