Still using paper timesheets or relying on memory? That’s when things slip. Hours get missed. Job costs go sideways. Payroll turns into a guessing game. That’s why choosing the right time tracking app for contractors is extremely important.
Accurate time tracking is critical for managing construction projects. When contractors precisely track worker hours, it becomes easier to stay on schedule, control budgets, and ensure overall project profitability.
This guide will cover seven essential tips to help refine your job costing approach for 2025. You’ll learn how to use real-time tracking tools, leverage past project data, and communicate more effectively with your team.
Explore how adopting the best practices in construction job costing can significantly enhance your profitability, reduce risk and contribute to your long-term success.
Explore the importance of receipt scanning software, discuss its benefits, take you through the 7 best receipt scanning apps (with OnTraq leading the way), and provide a guide on choosing which is the best one for your business.
A healthy cash reserve is critical to keep your crew, suppliers, and subcontractors paid on time. Doing so not only safeguards your day-to-day operations but also preserves your standing with clients and partners.
Explore the top five bookkeeping software solutions tailored for small construction businesses to help you stay profitable and organized.
Keeping track of costs is essential to maintaining profitability and ensuring that your jobs run smoothly. Many construction business owners face similar challenges that can impact their financial health, lead to profit losses, and cause unnecessary stress.
If you are in construction, you know how tricky managing money can get. You’re juggling several jobs at once, paying crews, ordering materials—each one needing cash at different times.
For residential contractors like yourself, every minute counts. You juggle project timelines, manage crews, and ensure top-notch quality for your clients. But with so much going on, accurately tracking work hours can easily fall by the wayside.
Ever feel like receipts are multiplying like gremlins in your toolbox? You're not alone. Keeping track of receipts is a major pain point for small contractors like you. Those tiny slips of paper hold the key to claiming your business expenses, but let's face it, they're notorious for disappearing.
It’s hard to run a construction business. As the owner, you could be juggling many hats - From estimating, hiring, billing, chasing receipts—and at the end of the day, you're still unsure if you made money on that last job.
Running a contracting business is a demanding job. You juggle estimates, projects, and keeping a hawk-eye on every expense that goes into each job. It's a constant effort to ensure profitability and keep your crew productive. But what if there was an easy way to streamline this process, freeing up your time and energy for what matters most – delivering top-notch work for your clients?
Construction bookkeeping is far more complex than it appears. Here are five reasons why it's a challenging task..
OnTraq is an automation tool for construction bookkeeping. It saves 75% time per week spent on bookkeeping..
A construction bookkeeper who works for a design build firm in SFO started using BuildX. BuildX is an automation tool for construction finance. It integrates with QuickBooks..