Bad Data: How to Get Payroll, Job Costing, and Bonding on the Same Page
15
5:00 PM - 6:00 PM
A practical session with construction finance and surety specialists on getting your payroll, job costing, and financials to tell the same story, before it costs you a bid.
Two $10M contractors. One gets a $1.5M bond. The other gets $7M+.
Same size. Same revenue. The only difference is how their numbers read to an underwriter.
Your surety sets capacity based on working capital, net worth, backlog, and track record. All of it traces back to job cost reports, and those reports are only as good as the payroll data feeding them. Miscode labor in the field in March and you're explaining it to an underwriter in October.
On October 15, three specialists who each own one link in that chain will walk it end to end:
- Matt Snowden, The Mahoney Group (surety)
- Josh Luebker, SPM The Construction CFO (job costing)
- Bernadette "Dette" Negrete, eBacon (payroll and GL)
You'll walk out knowing:
- What underwriters actually read when they set your capacity, and why it changes every time your financials do
- Why a busy sub can look profitable on paper and still run cash to zero
- Where labor cost data breaks between the field, payroll, and your WIP
- How one strong contractor became virtually unbondable after switching accountants
- What to do now if you want to be bidding bigger jobs in two years
Bring your questions. Matt, Josh, and Dette are giving Q&A a full 15 minutes.
Speakers
Shawna Coronado
Host
Shawna Coronado is eBacon’s Digital Content Strategist and the regular host of its webinar series. She helps payroll managers and workforce management teams make sense of complex construction compliance topics, turning regulations into clear, actionable guidance.
Josh Luebker
President of Construction CFO
Josh Luebker is a master electrician and former commercial construction project manager who now runs the finance side for contractors. He managed more than 150 projects worth over $2.1B, founded The Construction CFO (constructioncfo.net), an outsourced finance and CFO firm for subcontractors doing $1M to $12M, and wrote CONTROL: The Construction Financial Operating System. He also publishes the free trade benchmark reference at runoncfos.com.
Matt Snowden
Surety Bond Broker & Advisor @ The Mahoney Group
Helps growing contractors nationwide increase bonding capacity and win larger, more profitable work.
Bernadette Negrete
Director of General Ledger Engineering & Programming
With over 25 years in the payroll industry, along with accounting and programming experience, Bernadette Negrete brings strong leadership and operational expertise to her role at eBacon.
For the past 10 years, she has specialized in creating customized general ledger reporting, including extensive job costing, for clients based on the accounting software they use. This allows our clients to allocate their payroll-related expenses through their General Ledger, and maintain a more accurate P&L of their books.
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15
5:00 PM - 6:00 PM