Don’t Fall for Invoice Fraud Schemes
Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company Medius and researcher Censuswide. Invoice fraud can be challenging to spot — and even more Read More
Feb 02, 2023
5 Common Billing Methods in the Construction Industry
Your neighborhood ice cream shoppe no doubt operates under a simple fixed price, point-of-sale billing method. Construction companies don't have it so easy. Because of the project-based, decentralized nature of construction work, contractors need to Read More
Aug 18, 2022
Reviewing Revenue Recognition for Construction Companies
While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you're well aware, the longer-term nature of construction projects can prevent contractors from Read More
Jul 20, 2022
Measure Your Bill Collecting Success
Credit sales are a fact of business life. And to keep those accounts from spinning out of control, your company must maintain a delicate balance between the total cost of bad debts and your profit Read More
Feb 16, 2023