Blog posts with construction accounting thought leadership articles from the ETHOSystems team, and other resources, including monthly newsletters.
Beyond the Income Statement 5 Things to Know About Your Numbers Smart owners and managers use standard financial reports to study profitability and organizational health. But by looking beyond the Income Statement, you can find critical information to improve Estimating and Project Management. 1. What is my Margin (Gross Profit)? How does this relate to […]
Beyond the Income Statement Read More »
Software Performance Versus Function Is your Sage CRE software idling or racing along? Any Professional Services organization’s goal should be more than implementing new software or training staff to do efficient data entry. A true partner has a loftier mission, based upon a client’s business needs. And that means maintaining an ongoing dialogue with the
Software Performance Versus Function Read More »
Specialty versus General Contracting Service and specialty contractors have complex and highly specialized business needs. Examples of these ‘specialty’ contractors include electrical, HVAC, plumbing, roofing, siding and sheet metal, landscaping, painting, carpentry, concrete, excavation, drywall, masonry, and flooring. In contrast to general contractors, who typically focus on longer-term, large-scale jobs, service and specialty-oriented companies have
Service and Specialty Contractors’ Business Needs Read More »
What’s the Difference? Choosing software for your construction company today includes more deployment options than you had in the past. Today, you choose the software that works for your business needs with the best price — and you are all set, right? Not so fast! The choice between purchased licenses installed locally on your own computer (or
Subscription versus Purchased Software Read More »
Is perception, reality? While researching successful versus failed construction projects, some really interesting examples came to light. Consequently, these mega-projects caused me to wonder – what is the true measure of project management outcomes? Let’s consider some really famous project management fails. 1,457% over budget – the Sydney Opera House For example, one of the
Famous Project Management Fails Read More »
Start with a Smart Strategy As a Construction company business owner or part of the executive management team, you are convinced that mobility in the field is critical. Now you need a strategy. You have a decision to make whether to invest your own capital and purchase or lease a fleet of hardware/software devices and
Fleet, COPE, or BYOD? Smart Devices for Construction Read More »
Creatively Coping with the Labor Shortage We’ve been judiciously warned over the past years that there is a severe shortage of construction workers. Understandably, laid-off workers found new careers in different industries and some attrition can be attributed to the plethora of near-retirement baby boomers who simply decided to not return to the workforce. And
How to Find Construction Workers Read More »
