Aligning the markets you serve with your organizational structure and your financials will dramatically improve your profitability and the quality of your management team.
Like the WIP we consider this a key process and not simply a reporting function. Truly getting this alignment working is much more difficult than it seems. He help Contractors work through the myriad of challenges to improve every aspect of the company and the team.
The information generated through a properly segmented financial system can drive multiple processes including:
We have deep experience working with Contractors and various accounting systems segmenting their financial systems to align with their market strategies.
The Work-In-Progress (WIP) schedule is the single greatest tool for integrating Operations and Accounting driving profitability. It is also the single biggest risk on a contractor’s financial statements.
The discipline of forecasting improves management acumen across the company enhancing profitability and resource utilization.
Nothing is more central to a contractor’s financial and project management than accurate job costing including budgets, change orders and projections.
Learn best practices in cash flow management that allows a contractor to better leverage their working capital significantly increasing return on equity.
