Billing of owned equipment often relies on spreadsheets manual hour reporting and laborious reconciliation processes.
telematics-powered equipment account- ing and reporting tool—purpose-built to close the gap. It automates job costing and internal billing using live operational data. The result is accurate, real-time job-level cost and revenue attribution per asset, without requiring contractors to abandon their existing accounting systems or overhaul how they work. Te platform is designed to be termi- nology-agnostic and flexible. Contractors define how rates are applied, how values are interpreted, and whether numbers represent cost, revenue, or both—sup- porting the internal billing structures that already exist at their organizations rather than imposing a new model. What this represents, broadly, is a shift
from equipment tracking to equipment intelligence. Te machine doesn’t just tell you where it is and how many hours
it ran. It tells you what those hours cost, which job absorbed them, whether the rate applied was correct, and whether the asset is earning its keep across the fleet. Operational data becomes financial data—automatically, continuously, and defensibly.
What This Means for Contractors For large, self-performing civil con- tractors, the implications are concrete. Equipment represents one of the largest and most variable cost categories on any job. It’s also the one category where the gap between what actually happened and what got recorded has historically been widest.
Closing the gap doesn’t require a
rip-and-replacement of existing systems. It requires a layer that connects the op- erational data contractors already have
to the financial workflows they already use. Te contractors who make that con- nection first will have a clearer picture of which jobs are actually profitable, which assets are earning their keep, and where margin is being left on the table. To learn more about Tenna’s Asset
Financials, visit
https://go.tenna.com/ asset-financials-agc.
Elizabeth Torrez
Elizabeth Torrez is Regional Director for Tenna. With approximately two decades of experience in the construction industry, focused primarily on the California market, she is active in AGC of California and several other industry groups. To learn more about Tenna’s connected safety solutions, visit
tenna.com/safety-compliance.
CALIFORNIA CONSTRUCTOR JULY/AUGUST 2026
19
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36
