CFO / Controller
Project Control
Are your profits fading and evaporating in between your WIP and Completed Contracts Schedule? Is your labor productive or even accountable? Are your Project Managers completing extra scope, missing change orders, and leaving receivables unbilled? Our team of CFO / Controllers will get you on the right track.
Cost Control
Most of these problems stem from poor job cost control. We will work with you on creating an effective work breakdown structure and scheme to estimate realistically and accurately, plan and schedule the work efficiently, and facilitate performance and billing through completion. With accurate and timely reporting to bring your projects in on time, under budget, with no missed opportunities, we put control of the company back in your hands.
Labor Productivity
The work doesn’t do itself. Labor is your most critical cost and the one that can get away from you fastest. We specialize in labor productivity and accountability solutions that make sure none of your labor dollars are idle. We also work with you to lower and optimize burden rates to increase profitability while increasing jobsite safety to lower actual losses and liability and workers comp premiums. Let our team make your team more productive and work as hard as you do.
Vendor Management
Do you sometimes wonder if your vendors work for you or you work for them? Let our team of CFO / Controllers tame your Subcontractors and Material Suppliers to deliver the deliverables you need at the agreed upon time and price. Let us turn your vendors into allies who abide by your terms.
Working Capital / Cash Flow Management
Cash is the life blood of any business. If you’re running short on cash, you’re losing blood. In these precarious times, even for profitable companies, that can be fatal. Our CFO / Controller team will increase your working capital and keep cash flowing in a positive direction.
Increase Working Capital
We will structure and strengthen your financial picture to grow working capital, borrowing and bonding capacity, and ensure liquidity to smooth bumps, weather storms, and seize opportunities.
Increase Cash Flow
We will upgrade your cash management practices to make sure that your cash flow keeps pace with your business plan. We make your business able to meet your customer’s billing and submittal needs on time, eliminating always chasing and being chased for lien waivers. Once you’ve billed, we will ensure you’re paid when due with sound collections and lien waiver practices that preserve hard-won customer relationships.
ERP Systems Consulting
Is your ERP system delivering all the promises the salesperson made? Do you write that annual software maintenance check begrudgingly, knowing you’re not making the most out of what you bought? Few systems see their full potential. After the initial sale and conversion the vast majority of systems are underutilized, or in many cases, are not fully implemented. Our experienced ERP implementations team will ensure you maximize al the functionality you purchased the system for in the first place or identify and implement a new system to better support your organization.
ERP Consulting
If your implementation is unfinished or isn’t optimized, we can tailor the setup configuration to best fit your business, create processes, and overcome resistance in the field to deliver all the value you have and are still paying for. It’s time to make that purchase start paying for itself. Give us a call.
ERP Conversions & Integrations
If your existing system cannot fully meet your needs, we have the experience and knowledge to get you into the right system. We do not represent any manufacturer, so we are able to freely recommend the best system for your business and your budget. We know software. We know construction. We’ve been there many times before. Visit our ERP Specialty page for more details.
Risk Management / Insurance
Is your insurance carrier on your side? No. Insurance companies are firmly on their own side. There’s a good reason that insurance is the #3 industry in the US and construction is only #12. You need someone counting the cards for you when you play against the house. Have us stack the deck in your favor.
Risk – Avoidance / Transfer / Management / Mitigation
We will make sure that your vendors carry their share of the load, and that your documentation is as bulletproof as possible. We will help you drive down injuries and accidents that not only drive premiums up, but can cost you lost time, disrupt your workforce, and keep you out of the bidding with preferred customers. We follow up and manage claims to ensure your loss runs stay low.
Insurance
Our CFO / Controllers will make sure you’re getting competitive quotes through a competitive bid process, determine your coverage needs, and eliminate coverage gaps and redundancies. We will help you lower the risks that drive premiums up and ensure you receive a fair premium audit.
Tax Planning
The construction industry is one of the most closely scrutinized by the IRS, and for good reason. The dollars are large, the transactions are complicated, and there are often mistakes and abuses. With tight margins and all the pressures on every business these days, you cannot afford a large unexpected tax bill and the outsized fines that go with it. It’s killed many construction firms. Let our team of tax professionals ensure you’re in compliance while trimming your bill, so you can rest easy.
Income Taxes / Tax Planning
Of course, our team of tax professionals will prepare accurate and tax-saving returns. However, taxes is only one piece of the puzzle when trying to grow a construction business where risk is a constant companion. Our team will work with you to plan on both business and personal levels to minimize the amount of your overall taxes and those numbers fit with your overall financial picture.
Sales Taxes
Sales taxes liabilities can often be larger and trickier than income taxes, so it’s important to get them right. Our team of CFO Controllers can make sure that you include only the proper taxes in your bids and easily track, report, and pay them so you can bid closely, but with confidence.
Strategic Planning
You left port, but are you on course? Is your guiding star dead ahead, or are you adrift on an angry sea? Your sweat built your business. Do you wonder whether your company a valuable investment or just a job that needs you at the tiller? Our team of CFO / Controllers will work with you to read the stars to chart a safe and fast course to a safe harbor. We can create a strategic vision for your situation, be it growth, liability insulation, and integrated personal financial planning, or an exit strategy of estate planning, succession, or preparation for sale. Plan tomorrow today.
