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TE CHNOLOGY TRENDS


Jobsite to Balance Sheet


How Connected Equipment Data Is Transforming Construction Operations


BY ELIZABETH TORREZ, REGIONAL DIRECTOR, TENNA C


onstruction technology has made major strides in bringing equipment operations into focus.


Contractors can now track where every machine is, how long it runs, when main- tenance is due, and which crew is using it. For field and operations teams, that visibility has been transformative. But the financial side of that equation


has largely been left behind. Equipment billing, internal job costing, and asset-lev- el profitability still largely depend on spreadsheets, operator-reported hours, and manual reconciliation processes that lag behind reality—and no one fully trusts. Te operational data exists. Te financial system just can’t reach it. For most contractors, these remain


frustratingly difficult questions to answer accurately:


16


CALIFORNIA CONSTRUCTOR JULY/AUGUST 2026


• How much did this asset actually cost to operate?


• Which projects absorbed those costs? • Did the equipment generate profit or create margin erosion?


• Are internal billing rates accurately reflecting real usage? A new category of construction tech- nology is emerging to close this gap: telematics-powered accounting. Tis shift in construction financial management goes beyond integrations to connect live equipment data directly to financial workflows, so contractors can finally answer these questions in real time, with defensible numbers.


The Gap Between Operations and Finance GPS tracking and telematics transformed


how contractors manage equipment in the field. But that data has largely stayed in the field. When it is time to allocate equipment costs across jobs, product internal billing, or understand whether a piece of equipment is earning its keep, most contractors are still working from spreadsheets, paper logs, and end-of- week timecards. The result is a gap that every con-


struction organization recognizes: the shop bills the job based on what the operator wrote down. Te project team disputes the hours. Finance reconciles the difference at month-end—or doesn’t. The equipment’s true contribution to project profitability never fully shows up on the books. Tis isn’t a small problem. Heavy civil contractors running large, equipment-in-


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