4castplus Blog

4castplus Blog

Joe Vanderhoot

Recent Posts

07 7, 2018

Notley's $1B Upgrader Plan: Alberta Tech Company Ready to Help

The recent announcement by the Alberta government to invest $1B in grants and loan guarantees to partially upgrade its bitumen, is great news for the Alberta energy industry. As a landlocked province with no access to tidewater for access to diverse markets, and no pipeline to transport its bitumen, Alberta is not getting full value for its products. It’s the government’s hope and expectation that this will incentivize a further $5B in private investment to build and improve the local upgrader infrastructure.

Read More
12 12, 2018

Cost Tracking from the Jobsite: 10 Ways to Reduce Project Errors

It’s typically not until the end of the day at the construction site that the field personnel sit down to collect and enter all the time and expenses for their crews, equipment and other charges for that day.  It’s late and they are in a rush to get it done so it’s inevitable that mistakes are made. Things get coded to the wrong place, charges are missed, incorrect rates are used, etc.  All these errors are compiled, submitted and ultimately routed to the finance team for processing. And this is where the nightmare begins.

Finance is responsible for ensuring data accuracy in cost tracking before billing clients, paying vendors or routing charges through payroll. It’s not that site foreman can’t be detailed – it’s just that they have a very different spectrum of priorities. What this translates to, is that the finance team is tasked with finding and correcting data entry errors from the jobsite.

Read More
20 20, 2017
Read More
1

Recent Posts

New Call-to-action