Introduction

For growing construction companies, FP&A software for construction is becoming essential. CFOs managing $50M–$500M in revenue often juggle dozens of projects, each with unique budgets, subcontractors, and billing schedules. Margins are tight, cash flow is unpredictable, and spreadsheets make financial reporting slow and error-prone.

The biggest challenge?

Answering the board’s question: “How profitable are we really — and which jobs are making or losing us money?”

This is exactly where FP&A (Financial Planning & Analysis) software for construction comes in.

What Is FP&A Software for Construction?

FP&A software helps construction companies move beyond spreadsheets by providing a centralized system for:

  • Budgeting and forecasting
  • Tracking Work in Progress (WIP)
  • Managing cash flow
  • Monitoring project-level profitability
  • Generating accurate financial reports

In simple terms, it gives CFOs real-time financial visibility across every project — something spreadsheets can’t deliver.

Why Spreadsheets Don’t Work for Growing Construction Companies

Most mid-sized construction firms still rely on Excel for financial planning. But once revenues cross $50M, spreadsheets quickly become a liability:

  • Error-prone: One wrong formula can misreport millions.
  • Slow month-end: Reconciling accounts and preparing WIP reports takes days.
  • No real-time insight: CFOs can’t see which jobs are profitable until it’s too late.
  • Difficult to scale: Managing 10 projects is possible in Excel. Managing 50 is chaos.

How FP&A Software Solves These Challenges

With the right FP&A platform, construction finance teams can:

1. Get Real-Time Project Profitability
Track every job’s revenue, costs, and margins without manual updates.

2. Automate WIP Reporting
Generate Work in Progress reports instantly instead of spending hours in Excel.

3. Forecast Cash Flow Accurately
Understand how project timelines, change orders, and billing schedules impact future cash.

4. Consolidate Data in One Place
Bring together budgets, actuals, and forecasts across all projects for a single source of truth.

5. Answer the Board Quickly
Deliver insights on profitability, growth, and financial risks with confidence.

Benefits of FP&A Software for Construction CFOs

  • Save 30–50% of time spent on manual reporting
  • Improve decision-making with accurate, real-time data
  • Boost profitability by identifying underperforming projects early
  • Increase transparency with project managers, executives, and board members
  • Support growth without adding more finance staff

Final Thoughts

For construction companies in the $50M–$500M revenue range, FP&A software is no longer a luxury — it’s a necessity for survival and growth.

Try Our Financial App for Construction CFOs

Managing projects, budgets, and cash flow doesn’t have to be complicated. With PivotXL, you get real-time insights, automated WIP reports, and clear visibility into profitability — all in one place.