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Job costing for construction companies is essential for profitability and accurate bidding. Learn the three critical steps to implement successful job costing in your construction business: determining benefits, defining your approach and executing your plan.

Running a construction business without proper job costing is like walking blindfolded — one misstep could spell disaster. This video breaks down how construction job costing software helps contractors track project costs, improve bid accuracy and maintain financial health.

Discover how to:
Determine how construction cost tracking benefits your company
Build an implementation team (owners, estimators, PMs, foremen, accounting staff)
Choose the right construction accounting software
Use mobile tools for real-time field cost capture
Leverage historical data for more accurate estimates

The job costing software market was valued at $7.49 billion in 2023, and construction-specific solutions deliver better results than general accounting packages. Master the basics first, then expand as your team grows comfortable with project cost management.

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