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Ask anyone in the industry, and they’ll tell you the hardest part about running a construction business is managing cash flow and accurately keeping track of financials. Thankfully, there’s a simple solution. HUB Analytics provides the best accounting software for construction that is specifically tailored for your industry and packed with robust features to keep your business on track and thriving. Let’s take a look at what makes HUB Analytics the leading name in accounting software and how it can revolutionize your construction business.
As you might guess, it’s accounting specifically designed for construction businesses. But what is construction accounting, precisely? It’s a specialized form of accounting that addresses the unique financial challenges of construction, such as cash flow issues, tracking project costs, managing job profitability, and handling complex billing and contract requirements.
If you’re asking yourself, what is the best accounting software for construction, a better question might be – what can construction financial software do to improve, grow, and deliver success to your business? Here’s what HUB Analytics delivers and what you should look for when determining the right software for your business needs.
HUB Analytics offers precise tracking of project expenses. This reinforces accurate cost management and helps you stay within budget.
With comprehensive job costing reports, HUB Analytics provides insights into profitability, allowing you to make informed decisions for future projects.
The software’s advanced analytics help forecast financial outcomes, enabling better planning and management of cash flow and resources.
As this industry is so complex, it makes sense that financial metrics for construction will also be unique. HUB Analytics software helps you track key metrics such as:
Say “goodbye” to hunting for costs or tedious daily data entry. Start focusing on the most important part of your business – servicing your customers and making a profit when you partner with the best accounting software for construction provided by HUB Analytics. If you need tailored features for managing project costs, job profitability, and financial forecasting, HUB is your optimal solution. Its industry-specific tools make it an invaluable asset for any construction business.
Discover how HUB Analytics accounting software for construction can transform your business with its comprehensive accounting solutions. Learn more about pricing and what we can do for you to day to help your business reach financial success.
We help owners and managers by providing them with specialized tools for tracking project costs, managing job profitability, and forecasting financial outcomes, tailored to the needs of construction businesses.
HUB Analytics enjoys a stellar reputation for its industry-specific features, ease of use, and ability to provide detailed financial insights and forecasts for construction businesses.
Construction accounting primarily uses contract accounting, which includes job costing, progress billing, and revenue recognition to manage project-specific financials. This method helps track project costs, revenue, and profitability throughout the project’s duration.
It differs from regular accounting by focusing on job costing and revenue recognition specific to long-term projects, whereas regular accounting typically handles general financial management. It also involves detailed tracking of project costs and progress, with billing and revenue recognition aligned with project milestones.