Top 4 Challenges in Retainage Management for 2023

ARTICLE -- Managing retainage with manual processes can be challenging and time-consuming for construction companies, especially those with multiple projects. 50+% struggle and nearly a third reported that it takes 2-3 days to reconcile retainage amounts.
March 27, 2023/by Rich Uphus

5 Benefits of Cloud-Based Integration of Financial and Operational Data in Construction Projects

ARTICLE -- Cloud-based integration of financial and operational data is a game-changer for construction. Construction companies can make better-informed decisions, reduce costs, mitigate risks, enhance collaboration, and scale their businesses.
March 13, 2023/by Rich Uphus

How Automation Solves the Challenge of Late Supplier Invoices in Construction

ARTICLE -- Late invoices can cause significant problems, leading to payment delays and reduced cash flow. Over 50% of construction companies experience difficulties collecting invoicing from suppliers on time, with an average delay of 30 days.
February 28, 2023/by Rich Uphus

How Automation Improves Contract Administration

ARTICLE -- Construction management solutions take the complexity out of contract administration, resulting in less profit erosion, fewer manual tasks, and stronger relationships with customers, suppliers, and partners.
January 17, 2023/by Mark Brousseau

How to Keep Construction Projects on Track with Gantt for NetSuite

ARTICLE -- One way that construction companies can better manage project tasks and resources, no matter the project size, is with a Gantt chart form built inside Oracle NetSuite ERP, the world’s #1 cloud ERP.
December 13, 2022/by Mark Brousseau

7 Signs that it’s Time to Deploy Construction Management Software

ARTICLE -- More builders are deploying automated construction management solutions that seamlessly integrate with their NetSuite ERP. Wondering if an automated construction management solution is right for your company?
November 15, 2022/by Mark Brousseau
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