Still using a generic payroll system or running payroll with your ERP? It might be costing you time, money, and putting your business at risk.
Here’s where you can get into trouble if your payroll platform wasn’t built for contractors.
📌 Your payroll system can’t handle construction compliance. Generic payroll systems weren’t built to handle prevailing wages, certified payroll reports, or complex union requirements.
📌 Your payroll system lacks powerful job costing. Without real-time labor cost data tied to projects and cost codes, it’s impossible to see where your money is going – or course correct before it’s too late.
📌 Your payroll system doesn’t integrate with other construction tools. Disconnected payroll, HR, and time tracking tools means double data entry, manual reconciliations, and costly errors.
📌 Your payroll system doesn’t prioritize field-friendly time tracking. Paper time cards or clunky apps slow everything down. When time tracking doesn’t connect to payroll, errors multiply and your team wastes time.
📌 Your payroll system can’t deliver construction-specific workflows. Generic systems don’t understand construction’s complexity – from project-based accounting to variable pay rates – forcing you into inefficient workarounds.
Construction-specific payroll solutions solve these headaches with built-in compliance, real-time job costing, seamless integrations, and mobile tools that connect the field and office.
Read the full blog post here
Ready to learn more about a payroll platform built for contractors? Request a demo of Miter.