White Paper

Job Costing: An Essential Tool for Construction Business Profitability

Job Costing: An Essential Tool for Construction Business Profitability

Pages 5 Pages

This white paper explains how accurate job costing enables project-based businesses to optimize profitability. It details how tracking direct and indirect costs across labor, materials, and overhead supports data-driven decisions. The report emphasizes integrating job costing with ERP systems for real-time visibility into project performance. Deltek’s solutions automate allocations, reduce manual errors, and enhance forecasting accuracy. Examples show improved margin control and streamlined reporting for firms using automated cost management tools.

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