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Financial Automation for Construction Controllers
Enable controllers to manage job costing, automate WIP schedules, and ensure accurate project financial reporting.
Challenges
- Job cost allocation and tracking
- WIP schedule preparation for bonding
- Retention tracking and accounting
- Multi-entity and joint venture accounting
- Subcontractor cost accruals
Solutions
- Real-time job cost integration
- Automated WIP schedule generation
- Retention tracking with revenue recognition
- JV accounting automation
- Subcontractor accrual automation
Key Metrics
2hrs
WIP schedule generation vs days
99%
Job cost accuracy
3 days
Faster month-end close
100%
Bonding compliance
Key Initiatives
- Job cost visibility
- WIP automation
- Bonding compliance
- Close efficiency