The restoration industry has seen a shift toward higher wages in recent years. This trend is not just a response to labor shortages but also a recognition of the connection between higher wages and employee retention. While increasing pay is a positive step for employees, it can create extra restoration company cashflow pressure. Balancing the […]
In the restoration industry, where teams regularly deal with emergencies, fluctuating workloads, and high-pressure situations, the health of your workforce isn’t just a human resources concern, it’s also a business necessity. Today, we spoke with April Slater, HR Director at One Claim Solution. We’re going to dive into what workforce health means, how it impacts […]
See Full Podcast Transcript Josh Ehmke All right, everybody, we’re here for another podcast again. My name is Josh Ehmke, and we’ve got Jeremy Traasdahl all over here with One Claim Solution. Happy to be with you guys again today. Some interesting topics that we wanted to discuss, and to get things started. Just kind […]
Restoration insurance billing can make or break a restoration business. When claims are handled effectively, companies get paid faster and with fewer headaches. But when billing is disorganized and incompetent, payments get delayed, adjusters get frustrated, and profits take a hit. At OCS, we’ve seen the restoration insurance billing processes of hundreds of restoration companies. […]
Cash flow challenges are nothing new for restoration companies, but recent industry trends have made the issue even harder to manage. According to the 2024 State of the Industry Report, most restoration businesses now wait 30 to 60 days or longer for payments. These delays can strain budgets, disrupt daily operations, and leave companies scrambling […]
The restoration industry is an ever-evolving industry. New challenges, such as navigating the effects of climate change, integrating artificial intelligence, and managing insurance claim disputes, are pushing businesses to adapt. Whether you’re a restoration professional or simply curious about this essential field, understanding key information and trends can provide valuable insights into where the industry […]