WIP Reporting — Monthly Standard — Executive Tier — $1M–$12M
WIP Reporting · Work in Progress · Monthly Standard · Executive Tier · ControlQore
Construction WIP
Reporting Service.
Monthly WIP reporting is a standard deliverable in SPM's Executive Financial tier — not an add-on, not situational, not only for bonding. Every Executive client gets a work-in-progress schedule every month showing overbilled and underbilled position on every active job. Built in ControlQore from live job cost data. Starts at $2,900/month.
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SPM vs. Other CFO Firms
Most CFO Firms Serving This Trade
- High revenue minimums — most won't serve under $5M
- Advisory only — no bookkeeping, no implementation
- No job costing setup or ControlQore management
- No monthly WIP as standard deliverable
- No pricing published — discovery call required
- No vetted partner network for bonding, lending, or liens
- No prevailing wage specialty
The Construction CFO — SPM
- Serves $1M–$12M — starts at $1,900/month
- Full implementation — bookkeeping, job costing, CFO advisory
- ControlQore setup and managed for you every month
- Monthly WIP standard in Executive tier
- Full pricing published — no discovery call to find out costs
- Vetted partners for bonding, lending, lien services, payroll
- Prevailing wage and Davis-Bacon specialty
What We See in This Business
01
You Don't Know Your True Revenue Position
Your P&L shows revenue based on billing — not on work actually completed. A WIP schedule is the only report that shows earned revenue vs. billed revenue by job. Without it, your income statement is technically wrong and your financial decisions are based on inaccurate data.
02
Banks and Sureties Require It
Lenders and bonding companies use WIP schedules to evaluate financial health. If you can't produce an accurate WIP on demand, you're leaving bonding capacity and credit lines on the table. Most small contractors only produce one when asked — by then it's already a problem.
03
Overbilling and Underbilling Are Silent Killers
Overbilled jobs create liabilities that explode at closeout. Underbilled jobs mean you're financing the GC's project with your own working capital. Neither shows up clearly on a P&L — only on a WIP schedule. By the time you find out, it's usually too late to fix.
How SPM Fixes It
Monthly WIP as Standard Deliverable
Executive tier clients receive a WIP schedule every month — not on request, not only for bonding. It's a standard deliverable built into the engagement so you always know your overbilled and underbilled position.
Built in ControlQore From Live Data
Your WIP is generated directly from ControlQore job cost data — not a separate spreadsheet. Cost updates flow into the WIP automatically. The report is always current and always reconciles to your books.
Formatted for Banks and Sureties
Your monthly WIP is formatted for surety and lender review. When your bonding agent or bank asks for it, it's ready, accurate, and professionally formatted. No scrambling, no spreadsheet exercise.
Service Tiers
Tier 01
Core Financial
Starts at $1,900 / month
- ControlQore setup and management
- Job costing aligned to your estimate structure
- Cost-to-complete tracking — updated monthly
- Full-service bookkeeping — minimum 30 min/week
- Vendor payments via ACH (you approve, we initiate)
- Accounts receivable management
- Bank reconciliations and transaction matching
- Controllership
- 1 monthly CFO meeting
- 60-day onboarding — books migrated to last taxable year
Most Popular
Tier 02
Executive Financial
Starts at $2,900 / month
- Everything in Core Financial
- Monthly WIP schedule — delivered every month, standard
- 13-week cash flow forecasting
- CEO Report — monthly financial dashboard
- 3 CFO advisory meetings per month
- Strategic accountability and actionable to-dos
- Direct access to Josh Luebker
Pricing by Revenue
Revenue Range
(Last 12 Months) |
Core Financial
Monthly |
Executive Financial
Monthly |
| Under $1M | $1,900 | $2,900 |
| $1M – $3M | $2,600 | $3,600 |
| $4M – $6M | $3,800 | $5,500 |
| $7M – $9M | $5,100 | $6,900 |
| $10M – $12M | $6,100 | $8,500 |
| $13M+ | Quoted | Quoted |
Vetted Partner Network
National Lien Services
When AR gets too long, we connect you directly to our lien services partner to protect what you've earned.
Additional cost — not included in monthly fee
Payroll Integration Partners
Prevailing wage and regular payroll software partners integrated directly with ControlQore job costing.
Additional cost — not included in monthly fee
Bonding Partners
Surety relationships and bonding capacity support. We prepare the financials — our partners get you bonded.
Additional cost — not included in monthly fee
Lending Partners
Working capital lines and equipment financing through vetted lenders who understand construction.
Additional cost — not included in monthly fee
Reviewed Financials
CPA-level financial statement reviews for banking, bonding, and large contract requirements.
Additional cost — not included in monthly fee
CPA Coordination
We work alongside your existing CPA — not replacing them. Clean books and job costing make tax time easier.
Included — no extra cost
Common Questions
Straight answers.
Is WIP reporting included in Core Financial?
No. Monthly WIP reporting is an Executive Financial deliverable. Core Financial includes job costing and cost-to-complete tracking which gives you job-level visibility — but the full WIP schedule showing overbilled and underbilled position is Executive tier only. Starts at $2,900/month.
How often is the WIP schedule delivered?
Every month, as standard. Not on request, not only for bonding purposes. Every Executive Financial client gets a WIP schedule every month as part of the engagement — delivered alongside the monthly CFO meeting.
What does a WIP schedule actually show?
A WIP schedule shows every active job with contract value, costs incurred, percent complete, billed to date, earned revenue, and overbilled or underbilled position. It tells you whether you've billed more or less than you've actually earned on every job — and what your total exposure is across all active projects.
Do banks and bonding companies actually require WIP?
Yes. Any lender or surety doing proper underwriting for a construction contractor will ask for a WIP schedule. Contractors who can produce one immediately — accurate, current, professionally formatted — get better bonding capacity and better credit terms than contractors who have to build one from scratch when asked.
What's included in Core Financial?
ControlQore setup, job costing aligned to your estimates, cost-to-complete tracking, full bookkeeping (minimum 30 min/week), ACH vendor payments (you approve, we initiate), AR management, bank reconciliations, transaction matching, controllership, and 1 monthly CFO meeting. Starts at $1,900/month.
What does Executive Financial add?
Everything in Core plus monthly WIP schedule, 13-week cash flow forecasting, CEO Report, and 3 CFO advisory meetings per month. Starts at $2,900/month. WIP, cash flow forecasting, and the CEO Report are Executive tier only.
Do you handle payroll?
No. We have vetted payroll software partners — including prevailing wage integrations — that connect directly with ControlQore. Those are separate engagements at additional cost.
How long does onboarding take?
60 days. We migrate your books to the start of your last taxable year, set up ControlQore, and build your job costing structure. Fully operational in two months.
What software do clients use?
ControlQore. All SPM clients run on ControlQore for job costing and WIP. We set it up and manage it — you don't have to learn it. Clients switching from QuickBooks, Sage, or other platforms migrate during onboarding.
Do you work alongside our CPA?
Yes. We work alongside your existing CPA — not replacing them. Clean books and accurate job costing make their job easier at tax time.
What happens when we grow past $12M?
We have a clear graduation path. We prepare your financials, systems, and team for the transition and connect you with the right firm for your next stage of growth.