Improving Financial Clarity in Construction: Solutions for Contractors

Written by I'kona Lee | Aug 7, 2025 4:13:20 AM

In construction, cash flow isn't just a financial term — it’s the lifeblood of your business. Yet for so many contractors, project managers, and developers, staying on top of where the money is going (and why) can feel like chasing smoke. Missed payments, bloated budgets, unclear reports — these aren’t just annoyances. They’re business risks.

At Field & Finance Co., we believe you should build with confidence and bill with clarity. Let’s break down why visibility is so hard to achieve — and how we help change that.

The Problem: Why Visibility Slips Through the Cracks

1. Your books weren’t built for construction.
General bookkeeping software — or even well-known accounting tools — often fail to reflect how construction projects actually work. Without job costing, SOV tracking, and progress billing, you’re left with a one-size-fits-none solution.

2. Financials live in silos.
The field uses one system. The office uses another. Payroll is off in a corner, while change orders sit in someone’s inbox. Without integration, your reports will always be delayed, inaccurate, or incomplete.

3. No clear owner of financial oversight.
In many small to mid-size firms, there’s no dedicated project accountant. The PM handles the budget “on the side,” AP juggles vendor payments, and the business owner is stuck chasing down numbers.

The Solution: How Field & Finance Co. Brings Clarity to Construction

We specialize in turning your messy financial back-end into a clean, structured system that works the way construction does. Here’s how:

QuickBooks Setup, Cleanup & Integration

Whether you're starting from scratch or untangling a mess, we configure your QBO account to handle real-world project needs — including custom charts of accounts, cost codes, and integrations with tools like Procore, ClickUp, and Gusto.

Job Costing That’s Actually Useful

We track your project costs by phase, labor type, and material — not just lump-sum buckets. You’ll know where you’re over budget before it’s too late.

AIA Billing & SOV Management

No more scrambling each month. We build out clean, compliant AIA forms that match your project progress — helping you get paid faster and stay in control.

Change Orders, Lien Waivers & Certified Payroll

Documentation errors cost time and trust. We keep your paperwork tight so you’re always audit-ready and contract-compliant.

Reports That Make Sense

We create custom financial reports that align with how you manage projects — so you can make decisions, not assumptions.

Let’s Build Smarter, Together

If your current financial setup feels like duct tape on drywall, it’s time for a change. Field & Finance Co. helps contractors, developers, and builders move from reactive chaos to proactive control.

Schedule a free consultation today — and start building a financial system as strong as your structures.