Managing Risk: 4 Essential Elements of a Construction Litigation Response Plan

By Daniel Collins | June 27, 2017 |

The threat of litigation is a concern that hangs over all construction contractors like a black cloud. Multi-million dollar lawsuits are commonplace in the construction industry and can quickly bankrupt even the most prestigious construction firm. A recent Construction Executive Risk Management article places the percentage of large companies spending more than $1 million dollars on litigation at 71% in…

Overcoming Challenges & Hurdles Facing the Modern Construction Firm

By Daniel Collins | June 16, 2017 |

Modern construction firms face a series of challenges and hurdles. From recruiting specialized talent to reducing project risk reach role in a construction company faces a unique set of challenges. The below infographic provokes a series of questions for each critical role within your organization. Modern Construction Firms Overcoming Challenges & Hurdles: Construction firms have very unique challenges that are…

7 Ways Construction HR Tools Improve Your Talent Management

By Randy Collins | May 25, 2017 |

As the labor shortage in the construction industry continues to grow with job openings at a 10-year high, companies are looking for the best construction HR tools to help them recruit and retain staff. While recruiting is a crucial component, there are many factors involved in an effective construction talent management program. It’s important to find solutions that address the entire…

Cloud Computing Takes the Preakness: Dominate the Race with SaaS Construction Software

By Daniel Collins | May 23, 2017 |

As I watched the Preakness on Saturday and cheered as Cloud Computing overtook Classic Empire (don’t you love horse names?), I couldn’t help but compare the similarities between the horse race and the modern-day decision most construction firms are facing. In horse racing, it rarely pays to be reactive as the field is full of highly competitive top thoroughbreds. The…

Lessons from the Atlanta I-85 Bridge Collapse: The Value of Construction Project Management Software

By Daniel Collins | May 17, 2017 |

As the I-85 bridge in Atlanta, GA reopens this week we can’t help but reflect on how the contractor was able to go above and beyond to complete this complex project.  Atlanta ranks as the 8th most congested city in the world, making the collapse of one of the City’s primary corridors a crisis situation. The importance of selecting a…

Latest Advancements in Construction ERP Software – Look for Cloud-Based Solutions with App Integration

By Randy Collins | May 8, 2017 |

There are many factors to consider in selecting right construction ERP software. An ideal solution should work seamlessly throughout all departments. The software also needs to be scalable, properly supported from an R&D perspective, work in the cloud and integrate with apps. Enterprise resource planning (ERP) software is a suite of integrated applications that seamlessly work together to manage ALL aspects…

Take the Next Step with with Cloud-Based ERP Solutions for Construction Firms

By Randy Collins | April 27, 2017 |

For most business owners, technology has not always been a friend. The collaboration of business computers with phones, tablets and even the network can create a headache for businesses as well as a delay in efficiency and growth. Technology that not only works cohesively together but functions in real-time from anywhere, is a pipe dream for most business owners. The good…

On-Premise vs Cloud-Based Solutions

By Randy Collins | March 21, 2017 |

As technology improves, businesses are under more and more pressure to have access to real-time data and business intelligence to make quicker decisions. Because of its heightened accessibility, cloud computing is paving the way for companies wanting to streamline processes and do away with dated technology. What is Cloud Computing? Cloud computing is the idea of using the internet to…

3 Year-End Tax-Saving Tips for Computer Hardware and Software Purchases

By Randy Collins | November 28, 2016 |

By Michael Miller, CIT, Senior Manager, Tax & Accounting Services, Saltmarsh, Cleaveland & Gund Did you know you can deduct the cost of your newly-purchased computer hardware and software from your taxes? The IRS gives three tax saving options that benefit companies purchasing computer hardware and software. 1. Section 179 The IRS through Internal Revenue Code Section 179 has provided…

A Perfect Storm: How the Surety Cycles Impact Contractors

By Randy Collins | October 19, 2016 |

By Daniel Oaks of Nieslon, Hoover & Company, Inc. The surety market is a market of cycles. Similar to the insurance market, the surety market has its ups and downs or its hard markets and soft markets. However, the insurance and surety market do not necessarily coincide. As a contractor, it is important to understand these cycles and specifically how surety cycles impact contractors. Understanding How Different…

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