RedHammer Blog

Learn how construction accounting services benefit construction companies by improving financial management, job costing, and cash flow. This blog explores key services like bookkeeping, payroll, and financial reporting, helping companies optimize their operations and profitability.

Learn the differences between true cloud and hosted construction financial software. Explore how scalability, cost-efficiency, and integration impact your business. Discover why true cloud platforms offer superior flexibility and security for growing construction companies.

Discover how construction management software like Procore and BuilderTrend optimizes project management with estimating, billing, and reporting tools. Learn how to select the best software, integrate it with financial systems, and enhance your construction business's efficiency.

Construction loan draws are essential for financing construction projects. They provide funds for each phase, ensuring cash flow for contractors and subcontractors. This blog covers the loan draw process, key components, challenges, and best practices to streamline and improve project management.

Accounts payable (AP) retention is a vital component in the financial management in the construction industry. AP retention emerges as an important element, ensuring financial well-being and trust between construction firms and their subcontractors.

Understanding construction accounting terms is crucial for financial management in the construction industry. This blog breaks down key terms like accounts payable, accrual accounting, and AIA billing, helping contractors, project managers, and accountants navigate complex financial aspects for project success.

Discover the top 10 construction accounting software options for 2024 in this blog. It highlights the key features, pros, and cons of each platform to help construction companies streamline their financial management, job costing, and project tracking.

Outsourcing accounts receivable is a key strategy for companies aiming to improve their financial operations. Utilizing the specialized skills of external partners, businesses can improve cash flow, boost financial productivity, and concentrate on their primary business areas.

Outsourcing Construction Accounting is a strategic solution that is useful in streamlining operations and ensuring growth within construction firms. It enables construction firms to concentrate on building and project management, while leaving the financial complexities in capable hands.

Explore the top construction bookkeeping firms that specialize in providing accounting services tailored for the construction industry. This blog highlights the advantages these firms offer, such as expert job costing, financial reporting, and cash flow management, helping construction companies achieve better financial control.