New partnership connects industry-focused advice with real-time project data

Adams Brown has partnered with ProNovos, a construction intelligence platform that helps companies better understand project profitability, cash flow and financial risk.

The partnership combines Adams Brown’s construction accounting and advisory experience with ProNovos’ cloud-based financial technology. Together, the firms will help construction companies put project data to work and make more informed financial decisions.

ProNovos gives contractors a clearer view of financial and project performance. Its platform includes Nova, an AI-first financial intelligence engine that turns construction data into practical insights. QuickPay Direct, the company’s invoice acceleration tool, allows contractors to select which invoices they want to accelerate without committing to an all-or-nothing factoring arrangement.

For Adams Brown construction clients, the partnership adds another resource for monitoring job performance and addressing cash flow challenges. Adams Brown and ProNovos will also collaborate on education and industry resources focused on the financial issues contractors face, including job profitability, cash flow management and risk visibility.

“Our clients look to us for more than compliance; they look to us to help them run more profitable jobs and stay ahead of cash flow pressure. ProNovos gives us a way to support that guidance with real-time project data while bringing more of what we are seeing across the industry back to the contractors we serve.” — Mark P. Barnett, Jr., CPA, CVA, CGMA, CCIFP, Principal and Construction Industry Leader, Adams Brown

The partnership reflects a shared belief that financial technology is most valuable when it supports the work contractors and their advisors are already doing.

If your construction company is thinking about ways to improve growth and profitability, Adams Brown construction CPAs can help. Contact an Adams Brown construction advisor to talk through your situation.