Resources
Learn More About Sustainable Design in the AEC Space
Architecture, engineering and consultancy firms are responsible for their projects’ social and environmental impacts. During the design stage, architects, engineers and other project stakeholders make decisions that they may not realize can impact the project throughout its lifecycle. This stage is where many crucial decisions about firm projects are made, and it provides an opportunity…
Read MoreWorkshare White Paper Download Page
Driving Better Project Outcomes with BST10 In the architecture and engineering industry, collaborative workshare can help firms improve resource management, while managing project profitability and delivering better outcomes to their clients. But, a comprehensive workshare initiative is not built in a day. It takes time, trust and the right tools. In this free eBook, “Making…
Read MoreWhat Happens When You Embrace the Power of Resource Management
With the constant goal of trying to reach high levels of efficiency and productivity through the proper use of resources, coupled with the pressure to deliver projects for less money and in less time, it comes as no surprise that architecture and engineering firms are still looking for ways to successfully adopt a well-rounded resource…
Read MoreThe State of the AEC Project Lifecycle: A BST Global Report
Across the architecture and engineering industry, one constant sits at the heart of every firm: projects. Because projects play such a pivotal role in this industry, BST Global decided to take a deep dive into the current state of the project lifecycle for AEC. The State of the AEC Project Lifecycle Report is the result…
Read More4 Ways to Advance Your Billing Process
One of the most critical processes for any successful business is billing. To advance your own AEC firm’s billing processes, it’s important to understand four key ways that can help. The Billing Process Getting your billing to run efficiently, is an important step in optimizing your firm’s cash collection. But if you have a poor billing…
Read MoreInvoicing 101: How to Improve Your Invoice Process
The foundation of a successful billing process? Your invoices. Learning how to improve your invoices? Simple. The Invoice Problem Invoicing has the potential to make or break your AEC firm’s billing process. Why? Because if your invoices aren’t right, it means more work. More work going back and forth with your client to resolve a…
Read MoreCash vs. Accrual vs. Work in Progress Accounting: Which Is Best for AEC Firms?
Cash basis and accrual basis are two different methods of accounting. Each method tells a different story about revenue, but neither method gives the whole story – that’s where the work in progress (WIP) method comes in. It’s an important question: which accounting method is most effective at providing insight into your firm’s revenue? Some…
Read MoreThe Importance of Working Capital for Your AEC Firm
Properly managing your working capital is necessary to ensure your architecture, engineering, and environmental consulting (AEC) firm is able to cover current obligations, improve operational efficiency, and invest in the future growth of your business. What It Is At a high level, working capital is an important financial metric that helps AEC firms assess their…
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