The Buildertrend Blog

< Back to Blog Home

Tag: Financial Management

Negative Effects of Ignoring Monthly Margins | Buildertrend

blog | 4 min read

Mar 21, 2024

How ignoring monthly margins affects long-term business success

We’re diving deep into how ignoring monthly margins affects profitability. Plus, we’re sharing tips for effective cost management and boosting profit margins.

Read the blog
Graphic of Buildertrend business debit card

blog | 6 min read

Nov 27, 2023

Introducing Buildertrend Wallet

Buildertrend Wallet is an integrated cashback rewards card and online checking account built just for construction pros.

Read the blog
Graphic of a home blueprint next to a calculator and construction pricing sheet.

blog | 11 min read

Oct 31, 2023

Overcoming construction inflation: How to beat rising construction costs

Construction inflation has increasingly become a pain point for many businesses. Discover how to outsmart rising costs and set your business up for success.

Read the blog
A construction business owner improving his team's efficiency by using construction tech.

blog | 9 min read

Oct 27, 2023

8 tips for improving construction efficiency

Efficiency is the one thing impacting your ability to deliver high quality construction projects. Learn how to improve it!

Read the blog
Image of construction materials to be used by subs in a purchase order process.

blog | 8 min read

Sep 15, 2023

6 ways to improve your purchase order process

Construction purchase orders are a crucial component of project management. Learn more about what purchase orders are and how you can use them here.

Read the blog
Two builders talking to one another.

blog | 4 min read

Aug 25, 2023

Open book pricing vs. fixed pricing

Learn all about open book pricing and how it differs from fixed cost pricing to find the most effective approach to build trust with your clients.

Read the blog
A contractor signing a lein waiver document on a clipboard.

blog | 4 min read

Aug 14, 2023

The ultimate guide to using construction lien waivers

Construction lien waivers are legal documents protecting property owners or contractors from potential claims by subcontractors or suppliers. Learn more here.

Read the blog
Two builders looking at project plans of construction SOV.

blog | 4 min read

Aug 10, 2023

The importance of SOV in construction

A schedule of values establishes payment structures and outlines the total contract values. Learn more about construction SOVs and creating them here.

Read the blog
Graphic of laptop and mobile phone showing accounts payable.

blog | 10 min read

Aug 8, 2023

How to improve your construction accounts payable processes

Accounts payable is a crucial process in the construction industry. Discover how construction companies can better manage their accounts payable process here.

Read the blog