Construction businesses have unique finance challenges: job-by-job profitability, progress claims, retention, subcontractor management, and seasonal cash flow. Generic bookkeeping doesn’t cut it.
Why Construction Finance Is Different
- Job costing complexity – Every project has different margins. You need to track labour, materials, subcontractors, and overheads by job.
- Progress claims – Revenue recognition tied to milestones, not invoicing.
- Retention tracking – 5-10% held back creates receivables complexity.
- Subcontractor compliance – RCTI, payment summaries, TPAR reporting.
- Cash flow volatility – Large outflows before progress payments hit.
What Construction Finance Should Include
- Job-by-job P&L reporting
- WIP (work in progress) tracking
- Progress claim reconciliation
- Retention schedules
- Cash flow forecasting by project
- Subcontractor payment management
Pricing for Construction Businesses
Construction companies typically need the mid-tier of outsourced finance services due to job costing requirements: $3,500 – $6,000/month including weekly job reporting and cash flow management.
Book a construction finance review to see how your current systems compare.
