The Insider's Guide to Construction Financials

Read our blog and discover why inBuild is trusted by contractors across the country. Learn from industry experts and stay up to date on the latest trends.

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community
October 20, 2025
inBuild at Groundbreak 2025: Innovation, Connection, and the Launch of inBuild Pro

inBuild joined thousands of construction professionals at Procore Groundbreak 2025 in Houston for two days of innovation, learning, and connection. From powerful keynotes on AI’s impact on construction to unveiling inBuild Pro, it was an unforgettable event.

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technology
August 13, 2024
Leveraging Big Data for Better Construction Project Outcomes

This post highlights how big data is enhancing construction project outcomes by improving planning, resource management, and productivity, leading to more efficient and successful projects.

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insider info
July 24, 2024
Revolutionizing Construction Project Management with inBuild: Mike's Success Story

Mike revolutionized his construction project management using inBuild, a software that automates document tracking, streamlines billing, and enhances financial transparency. This transformation reduced delays, disputes, and inefficiencies, resulting in timely payments, improved budget control, and greater client trust.

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community
June 24, 2024
inBuild Takes the Stage at PCBC 2024: A New Era in Housing Innovation

inBuild debuted at PCBC 2024 in Anaheim, showcasing new financial tools for builders. Highlights included the Live Burn Demo and keynotes by Bakari Sellers and Dr. Sahar Yousef. Special events and robust educational tracks enriched this pivotal industry conference.

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best practices
May 28, 2024
Cost Management Strategies for Large-Scale Construction Projects

Managing costs effectively is a critical component of any construction project where financial missteps can lead to significant budget overruns and project delays. Implementing robust cost management strategies can ensure that projects stay on budget, while still meeting quality and timeline requirements.

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best practices
May 23, 2024
How to Best Manage and Maintain Direct Costs in Procore

This article explores best practices for using Procore to manage direct costs, with a special focus on integrating inBuild and leveraging Procore's features to streamline cost management processes.

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community
May 17, 2024
The Economic Impact of Construction on Local Communities

Construction projects play a crucial role in driving economic growth and development within local communities. These projects, ranging from residential housing developments to large-scale infrastructure improvements, create jobs, stimulate local economies, and contribute to the overall well-being of the areas they serve.

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industry insight
May 15, 2024
Top AI Tools for Construction Professionals in May 2024

In 2024, AI technologies are transforming construction with tools like inBuild, Doxel, and Buildots. These innovations enhance productivity, safety, and project management, making them essential for modern construction professionals.

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industry insight
May 7, 2024
The Rise of Modular and Prefabricated Construction

The construction industry is witnessing a significant shift with the rise of modular and prefabricated construction. Once known merely for its role in creating low-cost, repetitive building designs, modular construction is now merging with the world of custom design/build, offering new possibilities for personalization along with its traditional be

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best practices
May 1, 2024
The Critical Role of Accurate Cost Estimation in Construction Projects

Accurate cost estimation is more than just a preparatory step in the lifecycle of a construction project; it is a fundamental aspect of project management that underpins every stage, from conception through to completion. This blog post explores why precise cost estimations are crucial for project success, impacting everything from securing funding

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technology
April 16, 2024
The Future of Green Building: Integrating IoT to Maximize Energy Savings

Discover how IoT enhances energy efficiency, optimizes resource management, and supports the seamless incorporation of renewable energy, paving the way for smarter, more sustainable buildings.

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best practices
April 9, 2024
The Basics of Cost-Plus Contracts: A Comprehensive Guide

Discover the intricacies of cost-plus contracts in construction, exploring their advantages, legal obligations, and distinctions from time & materials agreements. Gain valuable insights into compliance requirements and the importance of transparency for contractors and clients alike.

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industry insight
April 2, 2024
Digitization in the Construction Industry: A Path to Innovation and Efficiency

The construction industry is shifting towards digitization, using digital tools and technologies like IoT and AI to improve efficiency and safety, despite facing challenges like resistance to change. This digital adoption promises reduced costs and better project quality.

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best practices
March 26, 2024
Client-Centered Project Management in Cost-Plus Construction

Today's builders must be more than just skilled tradespeople; they need to be orchestral conductors, navigating a symphony of variables to transform clients' dreams into physical reality. Explore the crucial role of client-centered project management in enhancing the cost-plus experience for both builders and their discerning clientele.

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community
March 5, 2024
2024 International Builders’ Show: A Recap and Insights

The National Association of Home Builders (NAHB) International Builder Show is not your average industry event. Its tall stature casts a shadow across the landscape of the construction world, drawing in the global community of builders, developers, and construction professionals to a single, sprawling site.

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best practices
February 15, 2024
Managing Subcontractors in a Cost-Plus Model: Tips for Success

The cost-plus model in construction projects provides flexibility and transparency, but effective management of subcontractors is crucial for successful outcomes. Navigating the intricacies of subcontractor relationships is essential to maintain cost control, meet project timelines, and uphold client satisfaction.

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best practices
February 7, 2024
‍The Art of Accurate Cost Estimation in Cost-Plus Building Projects

Mastering accurate cost estimation is essential for success in cost-plus construction projects. This guide explores strategies, including site analysis and estimating software, to ensure transparency, risk mitigation, and fair compensation, fostering successful outcomes and client satisfaction.

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new features
November 15, 2023
inBuild Feature Update November 2023 - DocuSign and E-Payments

We've been busy upgrading our DocuSign integration and E-Payments platform to be a whole lot better, take a look!

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industry insight
November 15, 2023
How AI can Revolutionize the Construction Industry

By harnessing the power of AI, companies can unlock unprecedented opportunities to streamline their operations, optimize resource allocation, and enhance project outcomes. AI-driven solutions in construction not only save valuable time and resources but also ensure the utmost safety and accuracy throughout projects.

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best practices
October 15, 2023
What are NAHB Cost Codes and Why Should You Use Them?

You need to have a robust and comprehensive bookkeeping system to maintain financial records, facilitate budgeting, and provide data for decision-making. This is where the National Association of Home Builders (NAHB)'s Chart of Accounts and Cost Codes comes in.

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technology
September 15, 2023
How Financial Controllers Can Increase Cash Flow with E-Payments

Processing payments can be particularly time-consuming, often consuming a significant portion of their workload. However, thanks to advancements in technology and the emergence of innovative software solutions, construction financial controllers can now streamline their tasks by leveraging e-payments.

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industry insight
August 15, 2023
Navigating the Skilled Labor Shortage: Embracing Automation in the Construction Industry

In the ever-evolving landscape of construction, a significant shift is underway in the relationship between General Contractors and Subcontractors. The construction industry's skilled labor pool is shrinking faster than ice cream in this scorching summer. What can be done to protect your business during these unprecedented times?

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best practices
July 19, 2023
Why you should collect Lien Waivers?

Lien waivers are a pain! They are confusing and tedious to keep track of. Getting subcontractors to sign them is always a challenge. Then, most of the time, they get filed away to never be seen again. This begs the question: Why collect lien waivers?

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best practices
May 23, 2023
The Benefits of Electronic Payments in Construction

Regardless of what industry you work in, everyone likes getting paid on time. Yet, even when general contractors are proactive and diligent about payment, there are often issues with ensuring everyone sees their fair share promptly.

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insider info
April 17, 2023
How Bank Failures Will Affect General Contractors

As if the looming recession hasn’t caused enough market uncertainty, the bank failures in March 2023 have prompted additional concern, particularly for general contractors.

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industry insight
March 9, 2023
Attention Tech Workers: Construction Could Be for You

In 2023 alone, 392 tech companies laid off 108,901 employees. This means over 100,000 skilled workers are in the job market right now, trying to figure out where they’ll find that next position. However, there may be an industry offering a place for tech workers that they wouldn’t immediately look to.

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insider info
February 28, 2023
Cost-Plus Contracts Expose Contractors to Huge Risks

There are many benefits to using a cost-plus contract, however, despite the benefits, cost-plus contracts expose contractors to huge risks.

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best practices
February 16, 2023
How to Improve Transparency in Financial Management

Having financial transparency at your company can improve the culture and equip employees with the knowledge and tools to fully participate and stay committed to your company’s goals. However, many construction companies don’t know where or how to start when it comes to improving financial transparency or even why it’s important for their business.

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technology
January 12, 2023
What Happened to Southwest Airlines? A Lesson (and Warning) on Technical Debt

During the last week of December, Southwest dramatically cancelled flights, creating chaos. From 22nd to 28th, an average of 45% of Southwest flights were cancelled. By the 28th, these accounted for around 87% of all U.S flight cancellations. Why did this happen? What forms of debt has Southwest been accruing all these years?

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community
January 3, 2023
inBuild Launches on Y Combinator

inBuild is transforming the financial workflows of construction teams. Capture, analyze, route documents, processes payments, and reconciles expenses. Providing real-time visibility into financial health. This system has helped Keelty Construction streamline operations, reducing manual data entry by 95% and increasing efficiency tenfold.

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best practices
December 14, 2022
Why Use Standardized Construction Cost Codes?

Construction cost codes enhance data management efficiency. A consistent system simplifies the accounts payable process for all stakeholders in construction. AIA (American Institute of Architects) cost codes are an easy upgrade benefiting clients, estimators, project managers, and subcontractors.

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insider info
November 16, 2022
Increase Financial Visibility To Thrive in a Recession

An economic recession is one of the most critical times for any industry, with very little wiggle room for the survival of a company. During an economic recession, automation of manual processes such as bookkeeping and accounts management can help construction companies reduce costs and stay afloat.

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feature comparison
November 2, 2022
The Pros and Cons of AI Accounts Payable

Bill.com, Stampli, Beanworks, and inBuild are some of the most popular invoice management software solutions that can help businesses save time and streamline their payment processes. But which one is the best option for your business? In this article, we will compare the pros and cons to help you decide which tool is best for your business needs.

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industry insight
October 26, 2022
How Productivity Impacts ROI

In any business, return on investment (ROI) is crucial. This metric allows you to compare the profitability of different investments and make decisions about where to allocate your resources. In the construction industry, productivity is a key factor that impacts ROI. Find our how this can affect your business.

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insider info
October 11, 2022
How Can You Better Your Construction Draw Process?

Explore how the construction draw process can be revolutionized with technology. Learn about the documentation involved in draw requests and the challenges of manual processing. Discover how adopting a digital solution, like inBuild, can expedite payment processes, promote transparency, and foster business growth.

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insider info
September 30, 2022
How to Choose the Best Accounting Software for Your Business

Software for accounting is more than simply a necessary evil. It offers a wide range of functions that might make running your business more efficient. Here are some of the key ways accounting software may help your organization, from generating bills to managing cash flow.

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industry insight
September 16, 2022
Reconnecting the Construction World

Explore how the construction industry is evolving in the face of COVID-19, featuring strategies for improved collaboration, supply chain management, enhanced cybersecurity, and innovative cash-flow solutions. See how inBuild, a virtual assistant, could revolutionize your business.

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insider info
September 7, 2022
How Do Construction Contracts Affect Project Finances?

Explore the intricacies of construction contracts and their impact on project finances. Learn about the common types of contracts, challenges in managing construction accounts, and practical tips for overcoming these hurdles. Discover how a tool like inBuild can streamline the process.

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best practices
August 31, 2022
Can Technology Help During a Labor Shortage?

One of the most significant challenges facing construction firms today is labor shortages. The industry has been struggling to attract and retain a quality workforce for several years, but the problem has become more acute in recent months. Can modern solutions alleviate some of the stress of this has on smaller construction businesses?

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best practices
August 25, 2022
Paperless Construction in Digital Times

The road to a truly paperless construction company has been ongoing. This is no fault of their own, as the industry is inherently paper-reliant. As of 2017 67% of trade industries were still using paper in their day-to-day operations. What has to change? Why is right now the perfect time to make the switch?

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insider info
August 10, 2022
Artificial Intelligence Wants to Make You Management

In the last ten years, interest in AI has been steadily growing. It’s no longer just phone assistants and self-driving cars, but AI is making its way into every industry, with a projected economic impact of $15.7 trillion by 2030. Is it trying to replace you in the workplace? Or could it be a powerful tool that increases your value as an employee?

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best practices
August 2, 2022
Out With the Old, in With inBuild

Today we will be explaining the old way of accounts payable (AP) for construction firms. Traditionally when subcontractors or suppliers send their invoices to a general contractor, those invoices are received via email or snail mail. It takes a significant amount of upkeep to track all of the AP documents, insuring none slip through the cracks...

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community
July 6, 2022
inBuild Selected as Finalist at Greater Colorado Pitch Series

For the Greater Colorado Pitch Series, nearly 100 companies applied and inBuild was selected as 1 of 8 finalists! The winner will receive a capital commitment from the Greater Colorado Venture Fund of $250,000 and the opportunity to be a panel guest on July 12th.

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community
June 29, 2022
inBuild Makes Waves at Telluride Venture Network

For this week’s blog, we are excited to announce that we will be presenting at Telluride Venture Network (TVN) this upcoming week! Here we will be meeting customers for the first time in person and showcasing our product to the community.

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new features
June 27, 2022
Eliminate Delayed Payments: Balance Integration

InBuild's collaboration with Balance helps construction professionals bridge the gap between office and field by providing electronic payments to combat late payments, which disproportionately affect subcontractors.

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tech comparison
June 22, 2022
Head-to-head Comparison: inBuild vs. Procore

For the past two blogs we have compared inBuild to both Buildertrend and CoConstruct. To wrap up this three-part series, this week we will be comparing inBuild to Procore. The true value that inBuild encompasses is its ability to bridge the gap between email and legacy software, how will Procore compare?

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tech comparison
May 23, 2022
Head-to-head Comparison: inBuild vs. CoConstruct

Last week we discussed a head-to-head comparison between inBuild and Buildertrend. This week we will be continuing the conversation, comparing inBuild to CoConstruct... I have highlighted 3 specific features and benefits that differentiate inBuild and CoConstruct: Email Integration, Bulk Editing, Daily Logs.

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tech comparison
May 18, 2022
Head-to-head Comparison: inBuild vs. Buildertrend

For this week’s blog, we decided to do a head-to-head comparison between inBuild and Buildertrend... I have highlighted 3 specific features and benefits that differentiate inBuild and Buildertrend: OCR/AI, Budget Tracking, and Pay Application.

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best practices
March 16, 2022
Four Ways to Grow Your Construction Business

For this week’s blog, we are going to be discussing 5 ways to grow your construction business... Currently, the construction market is booming. While we are all learning to live both personally and professionally in a COVID world, many homeowners are moving, building, or making home improvements.

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insider info
March 9, 2022
Interview with Senior Developer Filipe

For this week’s post, an interview with Senior Developer, Filipe. Joining the team in April of 2021, Filipe works as a full stack engineer. He builds out new features, oversees the application development in its entirety, and leads a team of additional software engineers. What drew him to inBuild?

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best practices
March 2, 2022
Achieving Increased Cash Flow

The time value of money, “is the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.” To break this down, say you are earning $15,000 today, or you can put it off for 3 years and get it at that time instead.

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insider info
February 16, 2022
Our Target Market

At this point, you might be wondering who exactly our target market is. There are many potential users and or buyers that can benefit from inBuild. I mean, who wouldn’t want to cut down on time and cost by 92%?

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best practices
February 2, 2022
Solutions for Document Tracking Challenges

inBuild uses data capture technology to automate invoice processing for construction companies. Here, you can track your invoices and each stage of their lifecycle until it has been approved and paid. Prior to the automation of invoicing, invoices were mostly all done on paper. No longer!

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insider info
January 26, 2022
How it Started

This week I had the privilege of sitting down with Ian and Ty, the founders of inBuild. During our interview we uncovered the why behind the business, where the idea stemmed from, and ultimately why they decided to become business owners.

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best practices
January 19, 2022
Streamlining Common Documents

As you know, our mission at Sharp Capital is to streamline the invoicing process by using machine learning and data capturing technology to create invoice automation with inBuild! We strive to alleviate bookkeeping headaches by minimizing the additional time spent on manual data entry, during each phase of the invoice’s lifecycle.

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culture
January 12, 2022
Where We Draw Inspiration

As new business owners, people often ask us where we draw our inspiration from... There are several novels that we have found incredibly motivating and impactful as new business owners. Here is our list of Top 5 books that we would recommend to aspiring entrepreneurs.

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culture
January 5, 2022
Working Behind the Scenes

When someone tells you they work in construction, what do you think their role is? What is the first thing that comes to mind? Perhaps, project manager or builders that are onsite? ... Now, what about those working behind the scenes? Those with monumental, day-to-day tasks to track all incoming and outgoing invoices?

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