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Make Work-in-Progress Work for You
June 8 @ 2:00 pm - 3:00 pm
An accurate and timely work-in-progress report is one of the most essential tools a contractor can use to optimize cash flow. WIP reporting provides construction companies with the insight needed to determine if active jobs are underbilled or overbilled, allowing you to stay on top of every project and maximize profitability.
In this session, we will discuss:
• Five common mistakes that compromise cash flow and job profitability
• What work-in-progress is and the essential values needed to produce an accurate report
• How to get started right away to make smarter day-to-day decisions
• Tips to better manage cash flow, produce accurate financial statements and grow bottom-line profits
John Meibers, Vice President and General Manager, Deltek
John Meibers has been a leader at Deltek + ComputerEase for more than 20 years. In today’s rapidly changing, fast-paced world, a big part of his role is to ensure that Deltek + ComputerEase equips its more than 6,000 customers with the most cutting-edge technology to efficiently run their businesses. Prior to joining Deltek + ComputerEase, Meibers spent 10 years working as a controller for a large mechanical contractor.