RedHammer

Get timely, construction-specific financials and job insights from a dedicated accounting team while keeping your books in the software you already use.

Gain clearer financial insight, stronger planning, and expert guidance for construction accounting, operations, and business growth.

Get construction software configured around your workflows, with accurate data migration, connected systems, and support for a confident go-live.

Helps construction companies choose software that fits their workflows, requirements, budget, and growth plans while reducing selection risk.

Improve system performance, restore confidence in financial reporting, and help construction teams work effectively in their existing software.

Help contractors identify suitable construction accounting platforms and compare their features, fit, and published costs before choosing software.

Estimate project progress, profitability, billing position, and backlog to gain a clearer view of construction job performance and cash flow.

Outsourced Construction Accounting and Bookkeeping

RedHammer provides outsourced, construction-focused bookkeeping and accounting inside the financial software contractors already use. A dedicated Accounting Consultant and supporting accounting team manage day-to-day financial operations, including accounts payable, billing and receivables, job costing and WIP, payroll, cash management, and month-end close and reporting. Services can be tailored to a company's needs, with flexible scope and support for construction-specific requirements such as AIA billing, retainage, lien waivers, certified payroll, and lender and surety reporting.

Category: Accounting Services

• Track Costs And Work In Progress
  Weekly cost reports and monthly WIP schedules give contractors project-level information on costs, budgets, and billings to help them monitor job performance.
• Close Books And Deliver Reports
  A scheduled close and review call provide clients with financial statements and job profitability information. The page reports an average close time of 10 to 15 days across clients.
• Get A Dedicated Accounting Team
  Clients have a consistent contact and a broader team supporting their books, with review checks and backup coverage rather than relying on a single bookkeeper.
• Handle Construction-Specific Accounting
  The service is delivered by a construction-focused team familiar with the accounting practices and project requirements that general bookkeeping may not cover.
• Process Payments With Compliance Checks
  Invoices are matched and compliance documents are checked before payment, helping clients manage vendor payments and avoid paying subcontractors when required lien waivers or insurance certificates are not current.
• Prepare Accurate Project Billings
  Billing packets are prepared from job data, with change orders and retainage tracked by job. The service also records receipts and reviews receivables to support visibility into amounts due and collections.
• Process Job-Coded Payroll
  Job-coded hours, payroll filings, and project-required certified payroll and union reports help clients manage payroll tasks and provide relevant payroll records for audits.
• Keep Books In Your Existing Software
  Clients can continue using their current financial platform for accounting. RedHammer also offers software expertise when the existing system or configuration is limiting the work.
• Reconcile Accounts And Forecast Cash
  Monthly reconciliations and forecasts aligned with billing, draws, and payables provide clients with a clearer view of account balances and expected cash needs.
• Automate Repetitive Accounting Work
  Automation tools support repetitive accounts payable and payroll tasks, enabling the team to focus its work on review rather than data entry.
• Prepare Financials For Lenders And Sureties
  Construction-focused reporting prepared with lender and surety requirements in mind can help clients provide the financial information those parties require.
• Adjust Services As Needs Change
  Clients can adjust the services included in their engagement as business needs change, rather than being limited to a fixed package.

Construction accounting advisory and controller services

Construction-focused accounting advisory and fractional controller support for contractors and other construction businesses. RedHammer reviews financial processes, systems, job costing, and reporting, then provides guidance on process improvement, budgeting, forecasting, and strategic planning. Its team supports financial reviews and reporting, helps clients understand financial results, and guides them through banking and bonding requirements. Services are tailored to each business and can include software and workflow optimization.

• Track Project Performance
  Job cost and WIP information gives construction businesses clearer insight into project costs, revenue, and performance.
• Strengthen Financial Oversight
  Controller oversight and financial review help clients monitor accounting work and better understand their financial results.
• Guide Business Decisions
  Strategic guidance connects financial information with business goals to support planning and informed decision-making.
• Plan Cash Flow And Growth
  Budgeting, forecasting, and financial projections help clients assess future needs and plan around cash flow and growth goals.
• Prepare For Financing And Bonding
  Guidance on lender and surety requirements helps construction businesses prepare financial information for financing and bonding processes.
• Improve Accounting Workflows
  Process review and improvement recommendations help clients address inefficiencies and refine accounting operations.
• Optimize Financial Systems
  Software guidance and optimization help clients improve system setup and align financial tools with construction accounting needs.

Construction software implementation and integration

RedHammer implements and integrates construction accounting software around a contractor’s operations. The service covers planning and discovery, system design and configuration, financial and job data migration with validation, integration setup, process optimization, and user training through go-live. Configurations are tailored to the company’s accounts, cost codes, reports, workflows, and integration needs. RedHammer also provides hands-on post-launch support to help keep the system running and adapt it as the business evolves.

• Configure Software Around Construction Workflows
  A setup tailored to the company’s construction processes helps align the software with its operational and reporting requirements.
• Move And Validate Essential Business Data
  Clean, checked financial and job data gives the new system a more reliable foundation for reporting and day-to-day use.
• Plan A Business-Fit Implementation
  A defined scope, objectives, and project plan give the implementation a structure based on the company’s goals and operational needs.
• Connect Construction Systems And Data
  Configured connections help link accounting with project management and payroll tools and support data flow between systems.
• Streamline Job Costing, Billing, And Reporting
  Aligning these workflows with the configured software can reduce manual tasks and help the system support the company’s actual processes.
• Prepare Teams For A Supported Go-Live
  Role-based training and hands-on transition support help users become comfortable with the new system and validate it before and during launch.
• Adapt The System As Business Needs Change
  Post-launch assistance helps address evolving workflows and business requirements after the initial implementation.
• Keep Implementation Decisions Business-Focused
  Independent oversight and vendor accountability provide guidance centered on the company’s objectives during implementation.

Construction Software Selection Services

RedHammer guides construction businesses through an independent software selection, from discovery and requirements definition to vendor evaluation and contract. The service assesses current systems, infrastructure, processes, master data, goals, team capacity, and constraints; prepares vendor shortlists, scripted demos, and proof-of-concepts; and scores options against documented requirements. RedHammer also reviews and negotiates contract terms, helping clients confirm software fit, functionality, reporting, integration, scalability, and value for their needs and budget. The process is designed for construction companies and does not rely on vendor commissions.

• Define Your Requirements
  Establish clear current and future needs before evaluating vendors, so software options can be assessed against your business processes, goals, and constraints.
• Compare Vendors Consistently
  Use consistent scripted demos and scorecards to compare vendor solutions against your requirements and make the decision based on business fit.
• Match Software To Workflows
  Evaluate whether a platform supports key construction workflows and reporting needs without paying for complexity the business does not require.
• Negotiate Better Terms
  Review contract terms and pricing with the selected platform's requirements and evaluation results in view, helping confirm the decision represents value for the budget.
• Choose Without Vendor Bias
  Receive selection guidance without vendor commissions, with options evaluated against the client's documented requirements and the same scorecard.
• Prepare Your Financial Data
  Reconcile key customer, vendor, and job records before moving to new software, helping avoid carrying existing data problems into the new system.
• Plan For Connected Growth
  Assess connectivity with current systems and the ability to grow, helping ensure the selected platform aligns with both present operations and future needs.
• Prepare Your Team
  Understand the team's capabilities and capacity before choosing a system, and identify areas that may need attention for a successful selection.

Construction Software Remediation

RedHammer’s construction software remediation service helps contractors get more from underperforming financial systems without starting over when the existing platform can meet their needs. RedHammer audits system configuration, data, integrations, and workflows; corrects configuration errors; cleans chart-of-accounts, cost-code, and transaction data; and aligns the system with the company’s processes. The work also addresses data flow between accounting, project management, and payroll tools. Remediation is delivered in focused sprints coordinated with the client’s team, with training and ongoing support to help the updated system perform reliably.

• Identify Problems Across Your System
  A structured review of configuration, data, integrations, and workflows pinpoints issues that can be addressed during remediation.
• Configure Software To Support Your Workflows
  RedHammer corrects configuration errors and reconfigures the current system around how the client’s team operates.
• Restore Accurate, Reliable Financial Reporting
  Cleaning up key financial data helps restore confidence in reporting without requiring the client to start over in a new system.
• Align Processes With How Your Team Works
  Workflows are adjusted around the client’s actual operations so the system can support day-to-day work more effectively.
• Restore Data Flow Between Business Systems
  Repairing integrations helps connect accounting, project management, and payroll tools and address failed or duplicate data flow.
• Keep Daily Work Moving During Remediation
  Coordinated, focused work helps address system issues while reducing disruption to ongoing operations.
• Train Your Team On The Updated System
  Training helps users understand the revised setup and use the system with greater confidence.
• Maintain System Performance After Remediation
  Post-launch monitoring and ongoing support help address issues and keep the system working after remediation.

Construction Accounting Software Assessments

RedHammer’s construction accounting software assessments review 15 platforms contractors use, drawing on configuration and go-live experience rather than vendor demos. Each assessment covers software fit, modules, pricing, integrations, pros and cons, and RedHammer’s perspective. Contractors can filter or search platforms by revenue, trade, deployment, and required features, then compare vendor, delivery model, revenue fit, and published cost in a sortable table.

• Evaluate Platforms With Consistent Criteria
  Review key platform details in the same format to understand what each system offers and how it may fit your business.
• Assess Software Beyond Vendor Demos
  Use assessments informed by configuration and go-live experience, not solely vendor presentations.
• Compare Platform Details In One Table
  Review the same comparison fields across platforms in a sortable table to help create a shortlist.
• Shortlist Systems That Match Your Needs
  Filter or search the assessment list using business size, trade, deployment, required features, platform name, or module.
• Compare Published Costs Before Budgeting
  Use published cost ranges to compare platforms and inform budgeting, while confirming current pricing with vendors.
• Explore 15 Construction Software Platforms
  Review a set of 15 assessed platforms, then narrow the options using the available filters or search.
• Choose Software Without Vendor Commissions
  Extend assessment research with a selection process that addresses requirements through contract and is conducted without vendor commissions.

WIP Calculator

A web-based calculator for estimating construction work in progress from project contract value, budget, costs to date, and billings to date. It provides calculated results including percent complete, estimated cost to complete, projected profit percentage and amount, earned revenue, over- or under-billing, and backlog.

• Estimate Completion And Remaining Costs
  See a project's calculated percent complete and estimated cost to complete using the financial inputs provided.
• Assess Project Profitability
  Review projected profit percentage and project profit amount to understand the estimated profitability of a construction project.
• Review Revenue And Billing Position
  Compare earned revenue with billings to see the project's over- or under-billing position.
• Enter Key Project Financials
  Provide contract value, budget, costs to date, and billings to date to calculate WIP results for a project.
• Estimate Project Backlog
  View the calculated project backlog alongside other WIP results to assess the project's status.