Cash Flow Tip 15 - Contractual Compliance
D. Brown Management
October 29, 2018
Compliance with Contractual Requirements to avoid getting your payments held. Each contract, including the specifications, will have specific requirements for what you need to do each billing cycle to get paid.
Cash Flow Tip 14 - Aggressive Billings and Pre-Wiring the Process
D. Brown Management
October 28, 2018
Contractors can significantly improve their Return-On-Capital by being aggressive and focusing on the details of monthly billings.
Cash Flow Tip 13 - Projecting Cash Flow and Driving Awareness
D. Brown Management
October 27, 2018
Projecting Cash Flow drives awareness, learning, actions and, ultimately, improved cash flow.
Cash Flow Tip 12 - Rapid Close-Out = Good Cash Flow
D. Brown Management
October 26, 2018
If you effectively manage the startup and the close-out of the project, then the execution in-between mostly takes care of itself.
Cash Flow Tip 11 - Managing Change Orders
D. Brown Management
October 25, 2018
A well managed change order process will have a hugely positive impact on customer satisfaction, profitability, and cash flow. Poorly managed, this will negatively impact all three and will sometimes impact cash for years.
Cash Flow Tip 10 - Submittals and Managing All Deliverables
D. Brown Management
October 24, 2018
Submittals are one of the first deliverables to your customer on the project and when done correctly, will set you up for success throughout the project.
Cash Flow Tip 9 - The Project Schedule and Cash Flow
D. Brown Management
October 23, 2018
The smoother the project schedule is, the smoother your cash flow will be. Large variations in the resource loading across a project’s duration impact cash and productivity.
Cash Flow Tip 8 - Subcontractor and Vendor Terms and Pay Schedules
D. Brown Management
October 22, 2018
As important as it is for you to have a great Schedule-of-Values (SOV) with your customer, it is equally important to have great terms with your subs and vendors.
Cash Flow Tip 7 - Schedule-of-Values
D. Brown Management
October 21, 2018
Having a good SOV and billing format will set you up for cash flow success throughout the project.
Cash Flow Tip 6 - Build Relationships
D. Brown Management
October 20, 2018
Build Relationships at All Levels. There isn’t a “Computer” that is negotiating your contract with you, approving your Schedule-of-Values, approving your billing or ensuring timely payment for you. It is the people.
