For every \u20b1100 earned in construction, only \u20b12-5 typically remains as profit after all costs are accounted for. In an industry with such thin margins, accurate financial tracking isn’t just helpful, it’s essential for survival. Yet a 2024 survey of Philippine contractors found that 62% still rely primarily on spreadsheets for job costing, leading to an average 15% discrepancy between estimated and actual project costs.<\/p>\n