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? Work in Progress in construction refers to the...
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...
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...
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...
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...
Sep 4, 2024 | Blog, Technology
The construction industry, with its complex projects and intricate workflows, is increasingly turning to cloud-based Enterprise Resource Planning (ERP) solutions to streamline operations. However, the migration process can be fraught with challenges that construction...
