How to Eliminate Multi-Entity Financial Blind Spots in Construction

Managing finances in a multi-entity construction firm isn’t just about keeping the books balanced—it’s about maintaining real-time visibility across multiple companies, projects, and job sites. Yet, too often, financial blind spots arise due to disconnected systems, manual data entry, and inefficient workflows.

These gaps lead to inaccurate job costing, compliance risks, and delays in decision-making—all of which impact profitability. If you’re relying on spreadsheets, outdated systems, or fragmented reporting, it’s time to rethink your financial operations.

So how can construction companies eliminate these blind spots and ensure seamless financial oversight across multiple entities?

The 3 Biggest Multi-Entity Financial Challenges

Before we get to the solution, let’s break down the common problems finance teams face when managing multiple construction entities:

1. Manual Data Entry & Duplicate Work

Without an integrated system, finance teams are forced to manually input payroll, accounts payable, and job costs across multiple entities. This not only eats up valuable time but also introduces errors—leading to discrepancies that take even more time to fix.

2. Lack of Real-Time Visibility Across Entities

When your financial data lives in separate systems, you lack a single source of truth for job costs, labor expenses, and profitability. By the time reports are compiled manually, the numbers are outdated, making proactive decision-making impossible.

3. Complicated Intercompany Transactions & Compliance Risks

For construction firms with multiple entities, intercompany billing, revenue sharing, and compliance tracking can become a nightmare. Without automation, reconciling transactions between business units is slow and prone to mistakes—causing delays in audits, tax filings, and regulatory reporting.

The Solution: Automate & Integrate with hh2 + Sage Intacct

The key to eliminating financial blind spots is to move away from manual workflows and disconnected systems and instead leverage an integrated automation solution. That’s where hh2 + Sage Intacct’s multi-entity integration comes in.

• Automated Data Syncing for Multi-Entity Construction Firms

  With hh2’s seamless two-way sync with Sage Intacct, finance teams can eliminate duplicate data entry across payroll, AP, and job costing. All financial data is automatically shared across entities, ensuring accuracy and saving hours of manual work.

• Real-Time Financial Oversight for Confident Decision-Making

  Instead of scrambling for up-to-date financial reports, hh2 ensures that every entity, job, and transaction is instantly accessible in Sage Intacct. CFOs and Controllers can see costs, cash flow, and profitability across multiple business units—without waiting for manual reports.

• Intercompany Transactions? No Problem.

  hh2 automates the reconciliation of intercompany expenses, revenue allocations, and cost distributions—ensuring that financial records remain accurate and compliant across all entities.

• Scalable for Growth

  Whether you manage three entities or thirty, hh2 scales effortlessly, ensuring that financial workflows remain efficient, accurate, and audit-ready as your business grows.

Eliminate Financial Blind Spots in Your Multi-Entity Construction Firm

Financial visibility shouldn’t be a struggle. With hh2 + Sage Intacct, you can streamline your operations, eliminate errors, and gain real-time financial insight across all entities—without the headaches of manual data entry and disconnected systems.

Ready to take control of your multi-entity financial management?  Book a demo today to see how hh2 can eliminate financial blind spots and optimize your accounting workflows.