Bean Team provides customized accounting solutions for construction businesses. Simply stated, we fill in the gaps of what is needed for our clients to maximize the capabilities of their accounting department. We understand the unique accounting needs and accounting methods related to contractors. We have developed customized reports and processes, like a WIP report and cash flow by project that syncs with your accounting database. Our team can provide value added services to your construction business in a variety of ways.
Virtual Back Office
All accounting processes are outsourced to Bean Team. From payables entry and payment, to preparing pay applications, we can execute the back office processes needed for the construction business. Our system provides online access to client accounting records and financial systems. The all-inclusive system is best suited for the contractor with revenues less than $3 million.
We provide CFO services to the construction business. It is typical for construction companies to need experienced CFO services to fill in the gap of their in-house accounting department and what is needed to meet reporting requirements for management purposes or bonding companies. The outsourced CFO services provide our clients with a fractional, high-level, experienced, construction CFO. This service is best suited for a contractor with revenues from $3 million to $30 million.
Our team provides accounts payable processing services to contractors. We set up and manage the virtual file cabinet for vendor invoices and accounting documents. This service normally encompasses entry of vendor invoices and processing credit card charges and payments. These services are best suited for the contractor that has a CFO or high-level accountant and needs to outsource the staff accountant functions.