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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. Determine Payroll Needs: Assess the size of your workforce (hourly vs. salaried employees). Here are some steps to consider: 1.

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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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Stop Chasing Payments: How To Streamline Your Construction Receivables

Randal DeHart

When invoices go unpaid, your cash flow takes a hit, potentially affecting your ability to pay suppliers, cover payroll, or invest in growth opportunities. Understanding the importance of timely invoicing Timely invoicing is more than just good business practice; it's critical to maintaining a healthy cash flow.

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How To Manage Your Construction Company Payroll Effectively

Randal DeHart

Payroll is one of those things that starts simply enough. You start your construction business and hire a few employees, and things tick along. This is a great thing, but it also means that payroll becomes more complicated. As such an essential aspect of your business, payroll must run smoothly.

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Don’t Let Your Industry Be Your Fraud Risk

RogerRossmeisl

Certain industries — for example, construction, real estate, manufacturing and transportation — are usually more vulnerable to employee theft, according to the Association of Certified Fraud Examiners (ACFE). Construction Some types of fraud are more prevalent in the construction industry, particularly payroll and billing fraud.

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Power Up Your Construction Company Payroll Processes

Randal DeHart

Payroll is one of those things that starts quite simple. You build your construction business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is that they grow!

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ADP Adds HCM Solution for Construction Industry

CPA Practice

Payroll, HR, and benefits software provider ADP has launched a human capital management solution specifically for the unique needs of construction firms. In addition, an uncertain economy makes it harder for construction firms to manage material and labor costs. Create Certified Payroll and Union reports within the system.