Building a Connected Construction Workflow from Field to Finance

The benefits of project management software is understood by most if not all construction firms:

1. Better Project Scheduling and Coordination

Project management software helps teams:

• Create detailed schedules
• Assign tasks
• Track progress in real time
• Reduce delays and scheduling conflicts

2. Improved Communication

Features of PM software often include:

• Mobile updates from job sites
• RFIs and submittals
• Document sharing
• Issue tracking
• Notifications and approvals

3. Real-Time Progress Tracking

Managers can monitor:

• Percentage complete
• Labor productivity
• Equipment usage
• Milestone achievement

4. Better Document Control

Project management platforms maintain a single source of truth, reducing:

• Version confusion
• Lost documents
• Compliance risks

5. Improved Resource Management

Firms can optimize:

• Labor allocation
• Equipment utilization
• Material delivery timing

This minimizes downtime and improves productivity.

6. Enhanced Risk Management

Software helps track:

• Safety incidents
• Compliance requirements
• Project risks
• Delays and claims

Benefits of Finance Software for Construction Firms

Construction accounting is more complex than standard accounting because projects are long-term and cost-heavy. In addition, subcontractors aren’t typical vendors with a transaction accounts/payable process. Complexities such as progress payments, change orders, and compliance documentation exist. Software to automate these nuances for general contractors include:

1.  Accurate Job Costing

2.  Better Cash Flow Management

3.  Faster and More Accurate Billing

4.  Payroll and Labor Cost Tracking

5.  Financial Reporting and Forecasting

6.  Compliance and Audit Readiness

The greatest value often comes when both systems are connected. If properly integrated, construction firms can realize company wide benefits such as:

1.  Real-Time Budget Visibility

2.  Reduced Double Entry

3.  Better Forecasting

4.  Faster Decision-Making

Construction teams move fast, but disconnected systems can slow everything down.

When field operations and finance teams work in separate tools, the result is often duplicate data entry, delayed approvals, payment bottlenecks, and limited visibility into project costs. That disconnect creates friction across every phase of a project.

GCPay is excited to announce a powerful new integration between Autodesk Forma Build and GCPay that creates a more connected, streamlined experience between project teams, subcontractors, and finance operations.

With the introduction of our new “Cost Management in the Middle” integration model, construction teams now have a flexible new way to connect project execution with subcontractor billing and payment workflows.

Two Integration Paths. Stronger Cost Control.

Build now supports two paths for accounting and ERP integration.

1. ERP in the middle
2. Cost Management in the middle [New!]