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An Interview with David Peters, CEO of ConstructionClock

Mastery Fractional CFO's "Punchy" Podcast

Release Date: 07/11/2024

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More Episodes
Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by David Peters, founder and CEO of ConstructionClock, who shared his story and the interesting approach he takes as the owner of a time-tracking app developer for the construction industry, supporting clients through his revolutionary app that automates all time tracking processes requried in the industry. 
 
Visit https://constructionclock.com/ for more information on David's Company, ConstructionClock, as well as https://www.linkedin.com/in/davidfpeters/ for getting in touch with David. 
 
As well, visit https://www.masteryfcfo.com/ for more information on Mastery Fractional CFO Services and what they can do for your business. We've also included a link to all of our socials here: https://linktr.ee/masteryfcfo

Episode Summary

  • David Peters, founder and CEO of Construction Clock, discusses his time tracking app for contractors and the benefits it provides.
  • The app allows contractors to track their time on job sites automatically, eliminating the need for manual clocking in and out. It also tracks travel time and allocates time to specific projects.
  • Construction Clock currently serves over 550 companies worldwide, primarily in English-speaking countries but expanding into other industries as well.
  • David envisions scaling the company to have thousands of companies on the platform and deep integrations with accounting and ERP systems.

Key Takeaways

  • Construction Clock is a time tracking app for contractors that eliminates the need for manual clocking in and out on job sites.
  • The app tracks travel time and allocates time to specific projects, providing accurate project costing and real-time reporting. 
  • A fractional CFO can provide valuable financial planning and analysis for small to mid-sized businesses, helping them make informed decisions and optimize profitability.