How to Fight Internal Fraud Quarter million (plus) in losses! Internal fraud drains more than $3.7 trillion annually from global businesses, according to an estimate by the Association of Certified Fraud Examiners (ACFE). The median loss from internal fraud at companies in the construction industry is $259,000, according to ACFE’s latest Report to the Nations. […]
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Tax Savings and Cost Segregation Studies Has your company invested in buildings this year to rent out or use for business purposes? Real estate investors have used cost segregation studies for many years to lower their tax bills. In a nutshell, these studies divide property into smaller parts, allowing for faster depreciation of certain parts
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What are the best practices for Project Management? Link financial and operational efficiencies Effective Project Management software—such as the Project Management (PJ) module in Sage 300 CRE—should create a strong connection between financial oversight and operational efficiency. When aligned properly, these elements empower your business to grow more strategically. By following industry best practices,
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Create separate configurations for production and testing With the newer versions of Sage SQL Estimating there have been new functions within the software — did you know there is a functionality surrounding the Database platform itself? SQL itself brings a great deal of functionality and resources to its users one of which is the ability
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Software Integration: The whole becomes greater than the sum of its parts Adding an application that fully and properly integrates with your primary data will expand your capabilities! Realize the potential in the power of software integration. Think about your software and what was implemented first – General Ledger, Payroll, Accounts Payable, Job Cost. You might
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Safeguard Your Software from Cyber Threats Borrow from the ‘biggies’ when it comes to Cybersecurity Cybersecurity is a significant priority for everyone these days. It can also be a complex and confusing issue. Like many business problems, the best way to safeguard your software from cyber threats is with an overall strategy. Googling “cybersecurity”
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Want guaranteed profits? Manage your job costs! Job costs are the lifeblood of your construction business and accurately estimating them will determine if a project will make money. Managing job costs across the life of the project will ensure that your firm makes money on every job. Moreover, those job-by-job profits make the office and
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How do you archive SQL Estimates? Do you have too many old estimates (SQL) taking up space? Would you like to back them up? Give your SQL instance some elbow room and move them out of the SQL instance? How to archive SQL estimates outside of the SQL instance. Furthermore, if you need the estimate
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Printed journals are a valuable audit trail Your Sage 300 CRE software LOVES to produce printed journals. When you click the Finish button in any accounting module task, the system displays a Print Selection window.This window lets you not only specify a printer but also gives you the option to print the journal to
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Work Smarter in Sage 100 CON We’ve all heard these sayings, and the reason they stick around is that they are still relevant: “Work smarter, not harder;” and “Knowledge is power.” Sage Certified Consultant, Pam Schulz, shares her top “smart” tips to maximize the value of your Sage 100 CON software. 10 tips to work
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Track Metrics that Work for You Creative Uses of GL Units Account in Sage 300 CRE When we think of GL financial statements in Sage 300 CRE, the traditional balance sheet, income statement, and statement of cash flows come to mind. These reports provide information about the company’s long-term stability, present-day profitability, and use of
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