Article
The benefits of integrated payroll with Sage Intacct Construction
March 5, 2025
Highlights
- Automated payroll processing – Reduce errors and administrative workload by automating tax calculations, deductions and benefits.
- Labor cost tracking – Gain instant visibility into labor expenses, job costs and overall financial performance to improve decision-making.
- Simplified compliance and certified payroll reporting – Ensure compliance with prevailing wage laws, union agreements and certified payroll requirements with automated tracking.
- Scalability and efficiency – Support business growth with a flexible payroll system designed to manage complex construction payroll needs.
Managing payroll in the construction industry is complex. With employees spread across multiple job sites, prevailing wage requirements and union agreements to navigate, payroll errors can lead to compliance risks, budget overruns and unhappy workers. Many construction firms still rely on disconnected payroll and accounting systems, which increases inefficiencies and leaves room for costly mistakes.
For Sage Intacct Construction users, integrating payroll with financial management is a game-changer. By connecting payroll directly to accounting, firms reduce manual work, improve labor cost tracking and ensure compliance with industry regulations.
The challenges of manual payroll processing in construction
A disconnected payroll system can create a range of challenges that impact efficiency, compliance and financial accuracy
- Payroll errors and compliance risks – Manually calculating wages, overtime and deductions increases the risk of costly errors. Mistakes in prevailing wage, state wage reporting or union payroll compliance can result in hefty fines.
- Lack of visibility – When payroll data isn’t connected to financial management, labor costs are difficult to track. This can lead to budget overruns and inaccurate forecasting.