Job costing, retention billing, and percentage-of-completion accounting for general contractors and specialty subcontractors. Nexus gives construction finance teams the project-level visibility that drives profitable project execution.
Understanding the true cost of each project — labor, materials, subcontractors, equipment, and overhead — requires data from the field and the back office to come together accurately and quickly. Late or inaccurate job cost reports lead to project overruns.
Construction contracts typically withhold 5–10% retention until project completion or substantial completion. Tracking retention receivables by project, billing at the right time, and collecting promptly requires specific workflow management.
Davis-Bacon and state prevailing wage requirements on public works projects require certified payroll reports that most payroll systems can't generate without significant manual effort.
GAAP (ASC 606 — Revenue Recognition)
Davis-Bacon Act (certified payroll)
AIA billing standards
Job cost
reports available daily, not monthly
Retention collections
accelerated by 30%
Davis-Bacon certified
payroll generated automatically
See how Plurafi handles your industry's complexity