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CONSTRUCTION FINANCIAL MANAGEMENT

Job Costing & Analysis for Construction Contractors

Are You Struggling to Track Job Costs Accurately?

Managing job costs is one of the toughest challenges in construction.

Without real-time tracking, it’s easy for expenses to spiral out of control—leading to shrinking profits, delayed projects, and unhappy clients.

Do these issues sound familiar?

❌ If any of these resonate, you’re losing money on every project.

 

 

 

Stop guessing and start tracking job costs in real-time!

🚫 You don’t know the actual cost of a job until it’s too late. – By the time you see overruns, they’ve already eaten into your margins.

🚫 Tracking Labor, Materials & Equipment is a Nightmare – Spreadsheets and disconnected systems lead to errors and missing data.

🚫 Job Cost Reports Don’t Match Your ERP – Payroll, invoices, and expenses don’t sync properly, forcing manual reconciliation.

🚫 Your Team Wastes Hours Chasing Cost Data – Project managers and accounting don’t have the same numbers, creating delays.

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hh2’s Job Costing & Analysis Solution

With hh2’s cloud-based job costing solution, you get real-time visibility into every dollar spent—from labor and materials to equipment and subcontractors.

Our platform integrates seamlessly with Sage, Procore, Viewpoint, Acumatica, and other leading ERPs, ensuring your job cost reports are always accurate and up to date.

✅ Eliminate manual spreadsheets

✅ Track job profitability in real time

✅ Ensure accurate cost allocation

✅ Prevent overages and stay on budget

Contractors who switch to hh2 reduce cost overruns by up to 20% and improve profit margins.

How hh2 Solves Your Job Costing Challenges

Real-Time Job Cost Tracking

Monitor labor, materials, equipment, and subcontractor expenses as they happen.

Sync directly with your ERP (Sage, Procore, Viewpoint, Acumatica, CMiC) to keep financial data accurate.

Automated Cost Allocation

Assign costs to the right job, phase, and cost code—no manual entry required.

Ensure payroll, AP, and expenses automatically link to job cost reports.

Labor & Equipment Cost Management

Track labor costs by job & phase to prevent overruns before they happen.

Monitor equipment usage & expenses for accurate billing and forecasting.

Budget vs. Actual Cost Comparisons

Identify cost overruns instantly with real-time variance reports.

Compare actual spending against estimates to stay within budget.

Detailed Financial & Compliance Reporting

Generate custom job cost reports for project managers, CFOs, and accounting teams.

Ensure compliance with certified payroll, prevailing wage, and union reporting.

Real-Time Job Cost Tracking

Monitor labor, materials, equipment, and subcontractor expenses as they happen.

Sync directly with your ERP (Sage, Procore, Viewpoint, Acumatica, CMiC) to keep financial data accurate.

Automated Cost Allocation

Assign costs to the right job, phase, and cost code—no manual entry required.

Ensure payroll, AP, and expenses automatically link to job cost reports.

Labor & Equipment Cost Management

Track labor costs by job & phase to prevent overruns before they happen.

Monitor equipment usage & expenses for accurate billing and forecasting.

Budget vs. Actual Cost Comparisons

Identify cost overruns instantly with real-time variance reports.

Compare actual spending against estimates to stay within budget.

Detailed Financial & Compliance Reporting

Generate custom job cost reports for project managers, CFOs, and accounting teams.

Ensure compliance with certified payroll, prevailing wage, and union reporting.

Eliminate manual job cost errors?

Why Accurate Job Costing Matters

Without a real-time job costing system, contractors risk:

❌ Underbidding or overbidding due to inaccurate historical cost data

❌ Payroll & labor cost overruns from poor job allocation

❌ Cash flow issues due to untracked expenses

❌ Delayed project insights leading to reactive (not proactive) decision-making

DID YOU KNOW?

Construction companies lose an average of 10% of project revenue due to inaccurate cost tracking.

With hh2, contractors gain full control over job costs, eliminating waste and boosting profitability.

How GCs Transform Their Job Costing with hh2

📊 Before hh2:

❌ Spreadsheets, emails, and disconnected software create cost tracking chaos

❌ Project managers can’t see job costs until it’s too late

❌ Payroll and accounting struggle with misallocated expenses

❌ Teams waste time chasing numbers instead of managing jobs

🚀 After hh2:

✅ Real-time job costs with no manual data entry

✅ Instant labor, materials, and equipment cost reports

✅ Seamless ERP sync to eliminate errors and duplicate work

✅ Better decision-making, higher margins, and fewer cost surprises

Success Story: How Miller Construction Cut Payroll & Coding Errors by 99%

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🛠️ Before hh2: Miller Construction relied on manual timesheets, handwritten job and cost coding, and repetitive entry into Sage—leading to frequent mistakes and costly rework.

✅ After hh2: With hh2’s seamless integration and automated timesheet workflows, job and cost codes were applied automatically and accurately, directly from field entries.

💰 The result? $250,000 saved annually in labor and materials tracking alone.

Payroll and coding errors dropped by over 99%, freeing up staff time and boosting payroll precision nearly overnight

“hh2 reduced job and cost-coding errors by 99%—we just don’t have those errors anymore because the pre-existing integration with Sage makes the process much more fluid.”

— Whitney L. Mendes, Senior Director of Operational Excellence, Miller Construction

Why GCs Trust hh2 for Job Costing


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