Equipment and material suppliers are often the last to get paid in the construction chain. Oftentimes, their customers must complete a job before being able to afford the goods needed for a project, so supply companies regularly provide credit to
Continue Reading How Equipment and Material Suppliers Across the US are Using Automation to Manage Risk
Performance Contracting Inc. (PCI) is ranked one of the top ten specialty contractors in the U.S. They have a commitment to innovation which allows them to complete projects efficiently and with quality craftsmanship. At their Austin, Texas branch, Dawn Moers,
Continue Reading PCI Case Study: Automating the Texas Monthly Notice Process to Save Time
Think of cash flow from the basic contractual level: You do the work, send the invoice, and wait for the payment to arrive according to the 30-day or other expected timeframe. Meanwhile, you keep on working and spending cash out
Continue Reading Using the S-curve Model to Track Construction Project Cash Flow
At certain points during a construction project, contractors expect to get paid for their work. Whether it’s one bill at the end of the job or several smaller bills throughout its lifetime, these payments help the business keep the lights
Continue Reading Free Construction Invoice Templates & Examples
Workers’ compensation insurance is required for contractors with employees in most states. It covers injuries and illnesses that occur while workers are on the job, and protects companies from lawsuits regarding injuries and illnesses. General contractors and subcontractors both need
Continue Reading Workers’ Compensation Insurance for Contractors
The Levelset Payment Professionals Community has the honor to award a credit manager of the month who is nominated by their peers. For August 2021, the award went to Pakita Bolt, a Credit Manager with Cameron Ashley Building Products.
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Continue Reading Credit Manager of the Month Pakita Bolt on Her Career, Credit, and Compassion
Last year, I joined the credit department of a family-owned roofing distributor in Los Angeles. The company had been in business for 40 years, and its family culture flourished among both its employees and customers as well. It was our
Continue Reading From Past Due to Current: How one credit manager saved a delinquent customer
Construction equipment rental insurance covers equipment your company rents and protects you from having to pay for damages or replace it if it gets stolen. It can be purchased for short-term use or provide more permanent coverage, depending on how
Continue Reading Construction Equipment Rental Insurance: How & Where to Get Coverage
Roof contractors are exposed to some of the riskiest work in the construction industry. It’s not only dangerous for workers, but it can also lead to big damages if there’s a problem and a leak develops. Roofer liability insurance helps
Continue Reading Roofing Liability Insurance: How It Works & Where to Get It
An organizational chart is a critical component of any construction business. It gives everyone in the company a visual hierarchy of roles within the company, and specifies who is responsible for making decisions within the organization. Producing a flow of
Continue Reading Construction Company Hierarchy: The Making of an Organizational Chart
