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Financial Automation for Construction CFOs

Help construction CFOs manage job costing, automate progress billing, and maintain real-time visibility into project financial performance.

Challenges

  • Job cost tracking across multiple active projects
  • Progress billing and AIA document preparation
  • Retention tracking and release management
  • Subcontractor payment processing and lien waivers
  • WIP schedule preparation for bonding requirements

Solutions

  • Real-time job cost integration from field systems
  • Automated progress billing with AIA format generation
  • Retention tracking dashboard with release automation
  • Subcontractor payment workflows with lien waiver collection
  • WIP schedule automation with bonding agent portal

Key Metrics

5 days

Faster billing cycle

80%

Reduction in job cost reconciliation

$500K

Improved cash position

2hrs

WIP schedule prep vs 2 days

Key Initiatives

  • Job cost visibility
  • Billing acceleration
  • Subcontractor payment automation
  • Bonding compliance

Built for CFOs in Construction

See how New Odyssey can help your team.