General Archives - Foundation Software Construction Software for Contractors Wed, 21 May 2025 17:30:47 +0000 en-US hourly 1 https://www.foundationsoft.com/wp-content/uploads/2021/05/cropped-chevron-icon-32x32.png General Archives - Foundation Software 32 32 Tips to Getting the Most Out of FOUNDATION® https://www.foundationsoft.com/learn/tips-to-getting-the-most-out-of-foundation/ Mon, 25 Nov 2024 13:32:58 +0000 https://www.foundationsoft.com/?p=22475 FOUNDATION is a leading construction accounting software that helps contractors streamline their office to more effectively measure revenue and track expenses, profits, project costs, and budgets. However, some contractors who use FOUNDATION are unaware of some of its capabilities that could help them become even more efficient. Key Takeaways FOUNDATION gives construction businesses the freedom to customize a variety of fields and layouts to best ...

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]]> Are Construction Over/Under Billing Reports Creating Work Overload? https://www.foundationsoft.com/learn/are-construction-over-under-billing-reports-creating-work-overload/ Tue, 25 Jun 2024 12:30:50 +0000 https://www.foundationsoft.com/?p=21768 What’s the Problem with Over/Under Billing Reports? Construction accounting processes and procedures can vary greatly from one contractor to the next. But one common frustration shared by many construction businesses is the tedious work of manually preparing over/under billing reports, also known as work in progress and percent complete. For companies using generic and small-business accounting software, the over/under billing ...

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]]> Interpreting 2023’s AIA Billing Index Scores https://www.foundationsoft.com/interpreting-2023s-aia-billing-index-scores/ Tue, 31 Oct 2023 17:37:35 +0000 https://www.foundationsoft.com/?p=20837 If you want to predict the construction industry’s economic trajectory, my professional philosophy has always been “Keep an eye on the AIA Billing Index.” Why? Because it’s pretty consistent: when architects are slow upstream, contractors tend to be slow downstream. We’re in October now, and for eight out of the past 10 months, the Billing Index has been trending below ...

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]]> Paying Attention to the Seasonality of Construction https://www.foundationsoft.com/paying-attention-to-the-seasonality-of-construction/ Wed, 06 Sep 2023 13:11:08 +0000 https://www.foundationsoft.com/?p=20657 One thing I’m noticing this summer is that the industry looks like it’s returned to its pre-COVID conditions. It’s been on my mind the past few months. Are we back to normal? When the pandemic hit in 2020, timelines shifted— jobs were put on hold and restrictions were put in place that altered how and when construction projects were completed. ...

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]]> How to Bid Less and Win More Jobs https://www.foundationsoft.com/learn/how-to-bid-less-and-win-more-jobs/ Wed, 12 Apr 2023 15:23:57 +0000 https://www.foundationsoft.com/?p=20248 For a construction company, saving time and resources is the name of the game. This article will show you how construction companies are bidding 20 to 30% fewer jobs but winning higher quality opportunities by identifying their ideal customer profile, qualifying their bids based off of that persona, and standing out from the crowd with a high-quality proposal. Identify Your ...

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]]> How Digital Timecards Improve the Payroll Process https://www.foundationsoft.com/learn/how-digital-timecards-improve-the-payroll-process/ Tue, 07 Feb 2023 18:21:50 +0000 https://www.foundationsoft.com/?p=20102 Many construction companies still track time the old-fashioned way: using paper timecards. JBKnowledge notes that 56% of construction companies now use mobile solutions for daily reporting, implying that a significant minority still use paper or manual systems. Paper may seem simple, but when your payroll team needs to collect physical timesheets and manually enter data from multiple sources into your ...

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]]> The What, the Why, and the Ways Contractors Can Leverage Construction Software Integrations https://www.foundationsoft.com/learn/the-what-the-why-and-the-ways-contractors-can-leverage-construction-software-integrations/ Thu, 08 Sep 2022 19:09:43 +0000 https://www.foundationsoft.com/?p=19906 It’s common for contractors to invest in multiple systems for different operations to run their businesses. But when these systems aren’t integrated, getting the right information to the right people at the right time can be difficult and inefficient. Data from FMI and Plan Grid shows that 22% of contractors saw failure in implementing a construction technology because it didn’t ...

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]]> See where the construction industry is heading in the FREE 2021 Construction Business Report! https://www.foundationsoft.com/learn/see-where-the-construction-industry-is-heading-in-the-free-2021-construction-business-report/ Mon, 01 Nov 2021 11:38:01 +0000 https://www.foundationsoft.com/?p=19332 The post See where the construction industry is heading in the FREE 2021 Construction Business Report! appeared first on Foundation Software.

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