The progressive loss of gross profit on a building project is known as profit fade. When profit fade occurs, the project appeared to have a higher chance of being profitable at one point, but unforeseen or unexplained costs or production may begin to surpass billings.
IES Winter 2026 delivers construction beta with project phases, cost groups, AIA invoicing, and negative change orders, plus parallel approvals, AI agents, BI tools, and MAC migration support. RedHammer breaks down every feature with honest takes on what still needs work.
Read MoreIntuit launches its first industry-specific ERP for construction. The IES Construction Edition covers the full project lifecycle—from proposals to AIA invoicing—with AI-powered tools and multi-entity support, putting traditional construction platforms on notice.
Read MoreRedHammer and Hammr partner to connect construction payroll, time tracking, and compliance to clean job costing, WIP, and reporting. Contractors capture labor correctly in the field and map it into accounting for faster close, clearer margins, and earlier project visibility.
Read MoreQuickBooks Classes give you one tracking dimension. IES Dimensions provide up to 20, with hierarchies, multi-tag reporting, better job costing, and multi-entity consolidation, offering contractors deeper insight and cleaner, more flexible financial reporting.
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