work from the same data. For large self-performing civil contrac-


tors—running multiple jobs simultane- ously with shared equipment across cost codes—this kind of alignment isn’t just convenient. It’s the difference between knowing how a project performed and guessing.


Why ERPs Can’t Solve This Alone Enterprise resource planning (ERP) platforms are the systems of record for construction financials. They manage job costing, WIP reporting, payroll, and forecasting. No one is suggesting replacing them. But ERPs were designed to record financial transactions—not to capture and contextualize real-time equipment activity at the jobsite level. Te data an ERP needs to do equip-


ment job costing accurately—hours by machine, by job, by cost code, with the right rate applied based on utilization and status—has to come from somewhere. And the accuracy of the ERP is only as good as the processes feeding it. Telematics-powered accounting


changes that relationship. Instead of replacing the ERP, it feeds it, automatically supplying the operational context that turns a financial system of record into an accurate one. Te result is an ERP that knows what actually happened on the job and can produce job costing reports that contractors can defend. For organizations already invested in


ERP integrations, this is additive, not dis- ruptive. Te telematics system becomes the operational layer the financial system has always lacked.


Asset Financials: A New Category for Construction Until recently, no software product con- nected telematics directly to job costing and internal billing. Tenna’s Asset Finan- cials is the construction industry’s first


18


CALIFORNIA CONSTRUCTOR JULY/AUGUST 2026


One of the most underappreciated costs in construction isn’t a line item—it’s the friction between departments. Projects appear profitable on paper because equipment costs never fully make it to the job, rate sheets set years ago get applied inconsistently, and, when a project closes under budget, no one is entirely sure if it was well- managed or just under-billed.


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