Accounting Services
Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.


Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

Case Studies

Learn more about our work with clients in a variety of different industries.

Meet the Team

Learn more about the Plumb leadership team.

The Plumb Promise


Want to join us? Check out our current open positions and apply today.

What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

5 Types of Visibility Every Construction Firm Should Have

Posted on January 5, 2023 at 7:57 PM
Written by Justin Atneyel

Many moving pieces need to work together to successfully manage a construction firm.

Here, we list 5 key elements to help capture insights that are important to running an efficient and lucrative construction firm. If you can create a plan where these 5 crucial pieces are in place, you’ll be setting yourself up for clarity in your finances, which can lead to increased productivity and profitability.

5 Key Elements for Internal Business Visibility

  1. Inclusive Reporting for Construction Success

A fundamental aspect of managing a construction firm is the ability to collect, summarize, and analyze data from various projects. This encompasses a wide range of information. This includes the comparison of contract costs against actual project expenses, monitoring the debt-to-equity ratio, tracking the time taken to collect receivables, and keeping a record of safety issues on job sites. Such detailed reporting is not only essential for internal management but also crucial for providing necessary data to financial institutions during audits. For firms like Plumb, the emphasis on detailed and strategic reporting is key to providing clients with a clear financial picture and actionable insights.

Enhanced reporting also involves efficient management of accounts receivable. Construction firms often handle large invoices and extended payment terms, making the time it takes to collect receivables a key metric. Efficient reporting in this area helps in cash flow forecasting and in identifying potential issues with client payments or billing processes. A firm grasp of these elements can significantly influence the profitability of a construction business.

  1. Real-Time Monitoring for Proactive Management

Real-time access to what’s happening on your projects and in your firm can help you course correct as needed. Understanding key aspects like labor productivity, gross profit margins, and even if one of your subs has insurance that’s about to expire are of vital importance to the health of your business. This allows quick course corrections and proactive management. Being able to monitor in real-time contributes positively to the sustainability of the business. This also extends to supply chain and inventory management. Whereby, it allows firms to track the status of material orders, deliveries, and inventory levels. This level of insight helps in avoiding delays due to material shortages and enables better coordination with suppliers and subcontractors.

Real-time monitoring also affects risk management and regulatory compliance. It involves keeping track of safety standards adherence on the job site, environmental regulation compliance, and quality control measures. Immediate access to this information allows firms to swiftly address any potential safety issues or compliance lapses, reducing the risk of accidents, fines, and legal complications.

  1. Analyzing Projects for Future Success

Looking back and being able to conclude what worked and what didn’t work can help guide plans and decisions in the future for better outcomes. Understanding the type of work that is most profitable, which subcontractors are the best performers, how change orders impact the bottom line, and how far off your estimates are from your actuals are all tremendously valuable and necessary data points to have.

Understanding current market trends is another important aspect of strategic analysis. This includes studying shifts in construction methodologies, emerging technologies, changes in regulatory landscapes, and evolving client preferences. Keeping ahead of these trends enables construction firms to adapt their strategies, adopt new technologies, and stay ahead of competitors.

  1. Predictive Analysis for Risk Management

Understanding historical trends and data can help you forecast the future. Additionally, running the numbers to understand the impact of different scenarios – e.g. renting equipment or buying, or what happens if your labor costs are consistently running over by X% - can help prepare you for potential pitfalls. Preventing a job from going sideways is well worth the additional time spent on these types of predictive analyses.

An important aspect of analyzing is identifying potential risks before they materialize. This could include risks related to project sites, such as geological or weather-related risks, or risks associated with supply chain disruptions. By identifying these risks early, firms can develop targeted mitigation strategies, such as securing alternative material sources or adjusting project timelines. Also, by analyzing cash flow trends, expense patterns, and revenue forecasts, firms can anticipate financial challenges and take steps to bolster their financial resilience. This can include adjusting project portfolios or securing additional financing.

  1. Mobilizing Financial Data in a Digital World

We live in an “access anywhere, at any time” world. Your construction accounting and finances are no exception. You should be able to pull up a dashboard of KPIs on your mobile so decisions can be made at any point, from any location. With this flexibility, it ensures agility and responsiveness in the fast-paced construction environment.

This ties in to mobile access of financial data that enhances collaboration among team members, stakeholders, and clients. It ensures that everyone involved in a project has access to the same real-time information, fostering transparency and trust. This collaborative approach to financial management helps in aligning goals, clarifying expectations, and making collective decisions based on current data.

At Plumb, we have a narrow focus on a few key industries. Construction & Real Estate are among these key industries. We also have an extensive knowledge of the construction software solutions we offer and a commitment to serving our clients. We can help take your business to the next level. We are here to help guide you through the outsourced accounting and accounting software process and to answer any questions you may have. Please let us know if you’d like to schedule time for a free consultation. We’d love to help.

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