Decoding Over/Underbillings in Construction: Navigating the Maze of Revenue Recognition
One of the most challenging concepts in the world of construction finance to comprehend is over/underbillings. It's a crucial aspect [...]
One of the most challenging concepts in the world of construction finance to comprehend is over/underbillings. It's a crucial aspect [...]
The WIP schedule is essentially the construction industry's version of a report card. It shows a detailed breakdown of each [...]
In the construction industry, one critical aspect consistently calls for detailed attention: cash flow. Unlike many other industries, construction faces [...]
In the ever-changing and uncertain landscape of the construction industry, effective financial management is crucial for success. A key aspect [...]
Managing a construction business involves juggling numerous moving parts, from pre-construction to closeout. To streamline collaboration between the field and [...]
For construction contractors looking to evolve their tech stack, what’s the difference between ProNovos and Power BI? Let’s start at [...]
“Billings do not equal revenue in construction accounting.” That was one of the big takeaways from a recent ProNovos webinar [...]
“When we see contractors struggle, it’s typically not because of insufficient profitability or total volume,” explains ProNovos Product Manager Kevin [...]
As we celebrate Women in Construction Week, it is important to recognize the incredible contributions of women in a traditionally [...]
Women continue to make strides in construction, entering into key leadership roles in the field and office. Historically, construction has [...]
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