Industry Details

Manufacturing Financial Services Professional Services Retail Transportation and Logistics Health and Beauty Biology Nonprofit Food and Beverage Software Healthcare Construction

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Construction

We provide in NetSuite solutions tailored for the construction industry, ensuring seamless job costing, project management, subcontractor tracking, and financial automation. We understand the complexities of managing multi-phase projects, tracking labor and material costs, and maintaining compliance with industry regulations, ensuring your operations remain efficient, profitable, and scalable.

Job Costing & Project Management

  • Project Budgeting & Cost Tracking: Ensure real-time tracking of labor, materials, and subcontractor expenses.
  • Work-in-Progress (WIP) Reporting: Automate percentage-of-completion accounting to manage ongoing projects.
  • Multi-Phase & Change Order Management: Track project phases and automate approval workflows for scope changes.
  • Retainage & Progress Billing: Set up holdbacks and milestone-based invoicing for construction projects.

Subcontractor & Vendor Management

  • Contractor & Subcontractor Tracking: Manage agreements, payment schedules, and compliance documents.
  • Vendor Billing & Purchase Orders: Automate POs, vendor payments, and material cost allocations.
  • Lien Waivers & Compliance Docs: Ensure proper handling of certificates of insurance (COI) and regulatory requirements.

Procurement & Supply Chain Optimization

  • Material & Equipment Procurement: Optimize sourcing for bulk material orders, equipment rentals, and vendor negotiations.
  • Inventory & Warehouse Management: Ensure accurate tracking of building materials, tools, and job-site deliveries.
  • Multi-Location Supply Chain Coordination: Sync inventory across job sites, warehouses, and suppliers.

Financial Management & Compliance

  • Multi-Entity & Multi-Location Financials: Use NetSuite OneWorld to consolidate financials across subsidiaries and projects.
  • Revenue Recognition (ASC 606 & GAAP Compliance): Automate progress-based revenue tracking and deferred revenue adjustments.
  • Payroll & Union Labor Costing: Integrate time-tracking and payroll for unionized and non-unionized workers.
  • Tax Compliance & Job Cost Allocations: Ensure proper sales tax, VAT, and state/local compliance.

Field Service & Mobile Workforce

  • Time & Labor Tracking: Sync job-site time entries and payroll calculations.
  • Mobile Work Order Management: Enable on-site project tracking, issue resolution, and approvals via mobile devices.
  • Equipment Usage & Maintenance Tracking: Manage fleet and machinery lifecycle, scheduling preventive maintenance.

Reporting & Analytics

  • Job Profitability & Variance Analysis: Track project budgets vs. actual costs in real time.
  • Cash Flow & Forecasting: Optimize financial planning with cash flow projections and contract pipeline visibility.
  • Project Risk & Compliance Monitoring: Identify risks related to delays, cost overruns, and regulatory compliance.

We pay meticulous attention to critical areas such as real-time job costing, WIP reporting, progress billing, subcontractor management, and procurement automation. Whether you're handling large-scale commercial projects, residential developments, or specialty contracting, we configure NetSuite to support your unique construction workflows and financial needs.

With deep industry expertise and a commitment to operational efficiency, we don’t just implement NetSuite—we streamline processes, optimize profitability, and enhance project visibility. Partner with us for a NetSuite solution built for the construction industry’s evolving demands.