Subscribe today and receive updates on:
While you focus on designing, developing, renovating, and installing . . .
Let RedHammer take care of your Accounting
RedHammer is more than an accounting firm. Our skilled team works by your side to go beyond spreadsheets and simple recommendations so that we can understand your most pressing challenges and needs. RedHammer’s expertise is broad, spanning the finance and accounting sector in both public and private capacities. Our range of services also includes operational advise to improve the efficiency of your organization and its people, processes, and systems.
- Software Implementations
- Remediation
- Third-Party Integration
- Software Selections
- Bookkeeping & Reconciliations
- Job Cost & WIP Reporting
Monthly Financial Reporting
- Payroll Processing
- Budget & Forecasting
- Capital Advisory
- Fractional CFO
- Business Process Redesign
It's as easy as 1, 2, 3
Accounting and financial reporting can become overwhelming in the construction industry. Transaction volume, job coding, manual reporting, and other tasks can be very time consuming, and, if done incorrectly, can dramatically impact your profitability and growth. If your financials are done incorrectly it could hinder your profitability, making it more difficult to get financing or bonding.
Our outsourced accounting solution allows you to focus on building, while we Hammer Out the accounting.
At RedHammer, we understand the importance of establishing a baseline for future success. Regardless of what financial software system you use, our team of accounting experts will review and optimize your system and processes.
Once the RedHammer Teams stabilizes your financial software, we work directly with your employees to manage, execute, and maintain your ongoing accounting and financial activities. We become a member of your team!
Scaling a business to maximize cash flow and profitability can be a daunting task. The RedHammer Team will help your company develop and execute a strategy to help you meet your short and long-term organizational vision and goals.
Yes, "Red Hammer" is a common misspelling of our company name, which is correctly spelled as RedHammer (one word, no space). We specialize in providing accounting and consulting services for construction companies, focusing on improving financial operations, job costing, and software integration. Whether you search for "RedHammer" or "Red Hammer," you’ve come to the right place for industry-leading construction accounting services.
RedHammer specializes in comprehensive accounting and financial management services for construction companies. Our services include job costing, payroll management, accounts payable and receivable, financial reporting, cash flow forecasting, and more. We also offer remediation services for companies facing major financial or operational challenges and assist with software implementation and optimization.
Yes, we offer expert support in construction software implementation, including system selection, integration, and customization. Our team aligns the software setup with your company's specific needs, enhancing job costing, project tracking, and overall financial management.
Absolutely. RedHammer provides comprehensive remediation services for construction companies facing financial issues, whether due to poor accounting processes, system inefficiencies, or inaccurate financial reporting. We identify problem areas and implement corrective actions to restore financial stability and compliance.
Job costing is one of our core specialties. We help construction companies accurately allocate labor, materials, and overhead costs to individual projects. This ensures better financial tracking, more accurate project bids, and higher profitability. We can also optimize your software to handle job costing efficiently and integrate it with other financial tools.
Our remediation services go beyond traditional accounting. While regular accounting focuses on day-to-day financial operations, remediation addresses deep-rooted financial problems. We specialize in uncovering financial inconsistencies, streamlining processes, and improving financial controls to get your business back on track. Learn more about our Remediation Services.
We take a personalized approach, working closely with clients as an extension of their team. Our staffing model includes assigning dedicated team members aligned with your business needs and goals. We integrate seamlessly into your operations, providing ongoing support, expert insights, and hands-on assistance throughout the project lifecycle.
We streamline both accounts receivable (AR) and accounts payable (AP) by implementing best practices tailored to construction businesses. This includes retention management, progress billing, invoice processing, vendor management, and timely payment schedules, ensuring healthy cash flow and on-budget projects.
We primarily support construction companies with revenues between $5 million and $30 million. However, we also work with both smaller and larger businesses. We offer a starter program for new contractors, helping them set up solid financial and operational foundations for future growth. For larger clients ($30 million+), we provide staff augmentation services around accounts payable, payroll, lien waivers, billings, and more.
Getting started is easy. Contact us to schedule a consultation. We'll assess your current financial processes and identify opportunities for improvement. From there, we'll tailor a plan to meet your specific needs, whether it's ongoing accounting services, financial remediation, or software implementation.
RedHammer specializes in the construction industry, with deep expertise in job costing, financial reporting, and software integration. We understand the unique challenges construction companies face and provide tailored solutions to meet your specific needs. Our team is committed to helping your business run more efficiently and profitably.
RedHammer has extensive experience with industry-leading software applications tailored to construction companies, including QuickBooks Desktop, QuickBooks Online, Sage 300, CMiC, Sage 100, Foundation Software, and more. We ensure the software you use is optimized to meet your business requirements and assist with setup, configuration, and training.
No, RedHammer is not a software company. We specialize in accounting and consulting services tailored for the construction industry. While we have extensive experience with various construction software systems and assist clients with implementation and optimization, our primary focus is on improving financial operations, job costing, and overall business efficiency.
We provide detailed, accurate, and timely financial reports, including profit and loss statements, job cost reports, and work-in-progress (WIP) reports. Our goal is to give you clear visibility into your financial health, helping you make informed decisions to improve profitability and reduce risk. We maximize your software resources and supplement where the software falls short.