SPM is a fractional CFO firm built specifically for commercial construction subcontractors. We are not a bookkeeping service. We are not a CPA firm. We are the financial system your business runs on.
Most accounting firms start with the books and work backward to the business. SPM starts with what is happening operationally — how work is estimated, bid, performed, and billed — and builds the financial system around it. That distinction matters because the financial problems construction subcontractors have are operational problems. Wrong overhead rate in bids. Pay apps submitted late. Changed conditions absorbed instead of billed. Job costs not tracked by phase. These are not accounting problems. They are operational problems with financial consequences.
SPM migrates every client from QuickBooks to ControlQore — a purpose-built job costing and WIP platform for construction contractors. Cost codes are aligned to each client's estimate structure. Labor, material, subcontractors, and equipment post to the right job and phase. WIP reporting is live within 60 days of engagement start.
At engagement start, SPM calculates the real overhead rate from the P&L's SG&A line and compares it to what is in the client's bids. A gap of 4–8 points is the most common finding. The correction goes into the bid model immediately and applies to every future job.
SPM audits outstanding AR at engagement start — most clients have $80,000–$300,000 in invoices over 45 days with no follow-up. Collecting that AR generates immediate cash. SPM then builds the weekly collections process that prevents the backlog from rebuilding.
Monthly meeting with Josh or Stewart. Review of job-level P&L, WIP position, cash flow forecast, and overhead rate. Specific actionable to-dos for the coming month. The meeting is 60–90 minutes. Everything needed to run the financial side of the business is covered. The owner spends approximately 5 hours per month on financials — everything else is handled.
AR sitting uncollected. Overhead corrected from 32% to 15%. Gross profit from 5% to 33%. On track debt-free by end of 2026.
Overhead corrected from 5% to 12%. $130,000 in profit sharing paid within 12 months.
Same revenue. Same crews. Job costing and WIP reporting implemented. Sites that were losing money became visible and were repriced or ended.
A free call with Josh takes 30 minutes. Bring your last P&L and current bank balance.
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