Cash flow is king in the construction industry and the sooner you bill, the sooner you get paid. It is estimated that contractors lose billions each year due to slow or missed billings. This course will dive into the reasons why billing is such a problem. It will discuss the most common billing problems as well as solutions. Other suggestions for improving the billing and cash receipts process will also be covered.
Following this course, participants will be able to:
• Understand common reasons why billings are not completed timely
• Explain processes that will help get billings out timely
• Understand other ways to improve the billing and cash receipts process