Data-Driven WIP Reporting for Commercial Construction
While your accounting software is great for tracking cash and bills, you also need to see where jobs actually stand. Percentage of completion, over and under billing, cost to complete, and projected gross profit live outside of it. That visibility gap forces controllers and owners to rebuild WIP in spreadsheets every month — long after the data is useful and relevant.
In this session, Webb Shephard of James Moore & Co. and Bruce Orr, CEO of ProNovos, will show how commercial contractors are closing that gap with automated, real-time WIP. You'll see what changes when WIP transforms from a monthly spreadsheet exercise to a daily operating tool, and what that means for cash flow decisions, bonding conversations, and protecting margin on active jobs.
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What you'll learn
Why commercial construction needs more than basic accounting software — and why workarounds quietly cost you money
How automated WIP turns lagging data into real-time decisions — the shift from monthly exercise to daily operating tool
The WIP signals that separate consistently profitable contractors from the rest — what your numbers are telling you, if you know where to look
How to satisfy your surety, bank, and CPA without burning out your controller — reporting that works for every stakeholder
A live look at automated WIP in action — see how it works on top of your existing accounting software