If you work in credit, chances are you are deep in spreadsheets, many spreadsheets, all day, every day. Spreadsheets can be great — especially if you’re an Excel whiz and can make them do all sorts of advanced calculations. But,
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Are Promissory Notes an Effective Collection Tool in Construction?
If you’ve been in the construction industry for any length of time, you know it can take a long time to get paid. While a mechanics lien is the most effective payment tool available to construction businesses, it’s not
A Contract Administrator’s Successful Journey with Lien Rights & Job Research Solutions
The challenge that led to partnering with Levelset
Jennifer Fudem has been a contract administrator for Rex Moore Group and their sister company, Construction Innovations, since 2016. Her main role at the company is protecting them from financial risk,
Types of Subcontractors in Construction: Knowing the Differences
When it comes to a construction project, many hands make light work. For that reason, a typical project will involve several companies all working together to bring a contract to completion. Generally speaking, one company will run the project and
Contractor’s Guide to Overhead Costs in Construction
Overhead costs in construction can be a heck of a thing to pin down. On the surface, it looks simple: Overhead is the cost of doing business. But in reality, there are several types of overhead costs. Rather than lumping
Lis Pendens & The Lien Process: 3 Things Contractors Need to Know
Collecting payment in full and on time is an ordeal that construction businesses face on a regular basis. Fortunately, contractors have an incredibly powerful payment tools at their disposal: the mechanics lien. The process of claiming a lien can
15 Construction Certifications to Advance Your Career at Any Stage
As a construction professional, you’re constantly learning and obtaining experience, increasing your value at every turn. You should also be searching for ways to mark that experience so you can compete for promotions or become more marketable to a prospective
Lawson Roofing Case Study: Protecting More Jobs with Less Hassle Using Lien Rights Software
Lisa Wright is the controller at Lawson Roofing — a family-owned contractor that has been providing roofing and waterproofing services around San Francisco since 1907. Her day-to-day can get extremely busy as she manages all of the company’s accounting, project
Typical Contractor Overhead and Profit: Calculating Margins on a Construction Project
As a contractor, you have to wear quite a few hats. Not only are you a tradesperson, but you’re also a business owner. And as a construction business owner, you need to understand how typical contractor overhead and profit work.
Why an ERP System Switch Is the Perfect Time to Automate Lien Rights & Risk Management
If you’re reading this blog post, you’re probably well aware that nothing in the construction industry is simple. With so many moving parts and people involved, many contractors lean on different software services to keep it all straight. One of