Blog
BST Global CMO Shares Exclusive AI Insights on ACEC’s Engineering Influence Podcast
BST Global Chief Marketing Officer Eileen M. Canady sat down with ACEC Senior Vice President of Communications & Marketing Jeff Urbanchuk to share exclusive AI insights for ACEC’s Engineering Influence podcast. In the interview with Jeff, Eileen revealed powerful findings featured in BST Global’s “AI + Data Insights 2025: Global AEC Industry Report,” which illustrates…
Read MoreBST8, BST10 & BST11 ERP Support ASC 606 Compliance
As an AEC firm, your company needs to record and recognize revenue from various contracts. The good news is that BST8, BST10 and BST11 ERP solutions were designed to support the implementation of and be compliant with ASC 606 (known as revenue from contracts with customers). ASC 606 is the revenue recognition standard that affects…
Read MoreBST Global Wins Frost & Sullivan’s 2025 Company of the Year Award
Global research and consulting firm Frost & Sullivan named BST Global Company of the Year for the second year in a row! This year’s award is for best practices in the global AEC project management industry. Frost & Sullivan applied a rigorous analytical process before selecting BST Global as the final award recipient, evaluating the…
Read MoreTime Is Money: Unlock Project Profitability With BST11 Timesheet App
Time tracking is critical to optimizing project profitability and resource management, but there is no one-size-fits-all tool that accommodates the unique needs of different AEC firms. If time tracking is too simple or rigid, supplemental and often manual calculations are required to address specific project needs. On the other hand, when time tracking is overly…
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AI + Data Insights 2025:
Global AEC Industry Report
For the AEC industry, AI brings promising capabilities for innovative design, more sustainable practices, expedited workflows and more. However, it also introduces numerous challenges, known and unknown. To better understand these potential benefits and barriers, BST Global surveyed AEC firm technology leaders from around the world about their current and planned AI initiatives, expectations and…
Read MoreBoost Labor Efficiency, Improve Project Profitability
Success means different things to different businesses. It also means something different to a business at different stages — the goals you set for year 1 and year 25 will be worlds apart. Along the way, your focus might shift from not accruing more debt to breaking even to making any profit to making greater…
Read MoreDecoding Contracts for AEC Professionals
AEC firms have their own industry-specific language when it comes to contracts. We’ve devised a list of some general and specific contract terms and defined them here.
Read MoreLearn the Essentials of Project Pursuit
AEC firms are nothing without projects, the bread and butter of the business. Firms must consistently seek new sources of income; otherwise, once a project has been delivered, there’s no more revenue for the business. But where do projects come from, and how do firms get them? Projects come from leads — potential or existing…
Read MoreAEC Project Accounting 101: Terms & Definitions
Accurate financial accounting is imperative for the long-term success of any company, and the nature of the architecture, engineering and environmental consultancy (AEC) industry makes it a particularly complicated undertaking. Therefore, AEC firms usually designate specific roles in their organizations to address the added complexities associated with internal and external financial reporting. Since AEC is…
Read MoreThe ABCs of Accounting in the AEC Industry
Accounting plays a crucial role in the success of every architecture, engineering and environmental consulting (AEC) firm. The foundation of an effective and robust accounting process facilitates financial management, project control, compliance, risk mitigation, and strategic decision making. It ensures that the AEC firm operates profitably, maintains financial integrity and sustains growth in a dynamic…
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