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Accounting Software Vulnerabilities: A Wake-up Call for Construction Companies

Withum

A recent alert from Maryland-based cybersecurity firm Huntress highlights a concerning vulnerability for construction companies using on-premise accounting and project management software with default login credentials. The ripple effect of cyberattacks isn’t confined to a single construction firm.

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Preventing Fraud in your Construction Company

RogerRossmeisl

Fraud is costly for all victimized companies, but it’s even worse in the construction sector. Some types of fraud are more prevalent in the construction industry, particularly payroll and billing fraud. The post Preventing Fraud in your Construction Company appeared first on Roger Rossmeisl, CPA.

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Year-End Financial Checklist for Construction Business Owners

Randal DeHart

As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. Access to the best available tools and information is vital in almost any operation but is especially crucial in the competitive construction and home service industry. you can use our promo code YEAREND40.

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Efficient Payroll Implementation For Construction Business Owners

Randal DeHart

Implementing an effective payroll system is crucial for construction business owners, as it directly impacts project management, employee satisfaction, and overall financial health. Identify the types of workers (e.g., subcontractors, full-time employees) and ensure your payroll system can handle various pay rates and classifications.

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Common COGS Misconceptions Related To Construction

Randal DeHart

But what does it really mean, and why is it crucial for your construction business's success? If you've been a long-time reader or a contracting company owner, you've probably heard about " Cost of Goods Sold " (COGS). Understanding COGS isn't just about accountingit's about making smart decisions for profitability, pricing, and more.

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From Chaos To Clarity: The Right Construction Job Management System

Randal DeHart

Given the industry's complexity and unique challenges, effective job management is crucial for construction contractors. From managing projects and keeping the team on the same page to ensuring profitability, have you ever sent an email about a critical update only to find that team members missed it?

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The Year-End Financial Checklist For Construction Business Owners

Randal DeHart

As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. Access to the best available tools and information is vital in almost any operation but is especially crucial in the competitive construction and home service industry. you can use our promo code YEAREND40.