23 Best Construction Accounting Software Reviewed In 2025
Best Construction Accounting Software Shortlist
Here's my pick of the 20 best software from the 23 tools reviewed.
The best construction accounting software streamlines job costing, automates billing, and integrates seamlessly with your field operations while keeping your projects profitable and compliant. Without specialized software, your firm risks costly errors, delayed payments, and regulatory headaches.
In my years working in digital software and financial operations, I’ve helped countless finance teams and CFOs deal with the daily pressures of cost overruns, billing delays, and disconnected systems. I know how effective construction accounting software can streamline financial processes, reduce risk, and protect margins across even the most complex builds.
After diving deep into hands-on testing and poring over user insights, I’ve identified the top-performing construction accounting tools on the market. These are the tools that actually work, whether you're managing residential projects, commercial developments, or large-scale infrastructure.
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Best Construction Accounting Software Summary
Quickly compare the best construction accounting software. This chart makes it easy to find solutions that fit your budget and keep your projects on track.
| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 | Best for linking labor to budgets | 30-day free trial | From $999/month | Website | |
| 2 | Best for large general contractors | Free demo available | Pricing upon request | Website | |
| 3 | Best for all-in-one financial management | Free demo available | Pricing upon request | Website | |
| 4 | Best for automated invoicing | Free demo available | Pricing upon request | Website | |
| 5 | Best for cloud-based teams | 14-day free trial | From $186 per month | Website | |
| 6 | Best for avoiding contractor overpayments | Free demo available | Pricing upon request | Website | |
| 7 | Best for automations | Free demo available | Pricing upon request | Website | |
| 8 | Best for real-time production tracking | Free demo available | Pricing upon request | Website | |
| 9 | Best for timesheet management | Free demo available | Pricing upon request | Website | |
| 10 | Best for project budget tracking | 30-day free trial + free plan available | From $15/month (billed annually) | Website | |
| 11 | Best for project management teams | Free demo available | Pricing upon request | Website | |
| 12 | Best for real-time reporting | 30-day free trial | Pricing upon request | Website | |
| 13 | Best for job tracking | Free demo available | Pricing upon request | Website | |
| 14 | Best for cost management features | Free demo available | Pricing upon request | Website | |
| 15 | Best document management features | Free demo available | Pricing upon request | Website | |
| 16 | Best for home builders and remodeling teams | Free demo available | From $399/month | Website | |
| 17 | Best for collaboration features | Free demo available | Pricing upon request | Website | |
| 18 | Best for small contractors | 30-day free trial | From $19/user/month | Website | |
| 19 | Best for automated revenue recognition | 14-day free trial | From $25/month | Website | |
| 20 | Best for AI-driven accounts payable | Free demo available | Pricing upon request | Website |
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Rippling Spend
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.8 -
LiveFlow
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9 -
Float Financial
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Best Construction Accounting Software
Here are my top picks for construction accounting software. Each review highlights strengths, drawbacks, and best-fit scenarios, helping you quickly find what suits your finance needs.
For those in the construction industry seeking precise accounting management, CrewCost offers a tailored, cloud-based platform specifically for general contractors. This user-friendly software integrates essential features like real-time job costing and AI-powered accounts payable, replacing outdated ERPs. With CrewCost, you can track overhead costs and monitor project margins, ensuring your business remains profitable and efficient.
Why I Picked CrewCost
I picked CrewCost for its standout ability to link labor to budgets, a crucial aspect for construction projects. The software integrates job costing with mobile time tracking, providing real-time insights into labor costs and project financials. Its ability to automate processes like change order management and committed cost tracking ensures that your project budgets are always up-to-date. This integration not only enhances cash flow management but also helps maintain profitability by accurately aligning labor costs with project budgets.
CrewCost Key Features
In addition to its unique ability to link labor to budgets, CrewCost offers several features that enhance its appeal as a construction accounting solution:
- Progress Billing: Facilitates billing based on project milestones, ensuring that your financials are aligned with project progress.
- Retainage Tracking: Manages retainage on accounts receivable and payable, providing clear visibility into amounts owed.
- Job Progress and WIP Reporting: Offers real-time insights into project status and work-in-progress, helping you keep track of ongoing developments.
- Estimate vs. Actual Reports: Compares projected costs to actual expenses, assisting in maintaining financial oversight and accuracy.
CrewCost Integrations
Integrations include Procore, and CrewCost also supports custom integrations through its API.
Pros and cons
Pros:
- Supports retainage invoicing and tracking
- Automated AP workflows improve accuracy
- Links labor hours directly to jobs
Cons:
- Steep annual pricing entry point
- No published API support
Procore's construction accounting software is designed for those in the construction industry seeking a unified solution to manage their financial workflows. It seamlessly integrates project financials with accounting systems, offering real-time access to critical financial data and facilitating better decision-making across your team. Whether you're a general contractor or a developer, Procore addresses the challenges of manual data entry and workflow bottlenecks, helping you maintain efficiency across all types of projects.
Why I Picked Procore
I picked Procore for its tailored solutions that cater specifically to the needs of large general contractors in the construction industry. Procore's platform offers advanced financial management tools, including project financials and invoice management, which are crucial for overseeing complex projects and ensuring fiscal accuracy. Additionally, its integration of AI through Procore Helix provides analytics and insights that enhance operational efficiency, making it easier for your team to manage resources and make informed decisions. These features, combined with the platform's focus on bid management and quality controls, make Procore a compelling choice for contractors aiming to improve project outcomes.
Procore Key Features
In addition to its suitability for large general contractors, Procore offers several features that enhance its value as a construction accounting software.
- WIP Reporting: Provides real-time tracking of costs and revenues throughout the project lifecycle, allowing your team to maintain financial oversight.
- Change Order Tracking: Facilitates documentation and management of budget modifications, ensuring your projects stay on track financially.
- Legal Compliance: Offers tools to help you adhere to industry regulations, minimizing risks associated with non-compliance.
- Retainage Tracking: Automates the process of retaining a portion of payments until project terms are met, aiding in cash flow management.
Procore Integrations
Integrations include Microsoft Project, Smartsheet, Asta Powerproject, GoToMeeting, Microsoft Teams, Zoom, Bluebeam, DocuSign, Google Sheets, and Azure Active Directory.
Pros and cons
Pros:
- Project management and progress billing features
- Unlimited number of users
- Communication and planning tools
Cons:
- Customization options may be limited
- Limited offline functionality
For construction professionals seeking a reliable accounting solution, Acumatica offers a cloud-based ERP system tailored specifically for the industry. It streamlines financial management, project oversight, and operational processes, enabling you to manage budgets, track expenses, and ensure compliance. With features designed to enhance collaboration and provide real-time data access, Acumatica empowers your team to improve productivity and profitability.
Why I Picked Acumatica
I picked Acumatica for its all-in-one financial management capabilities, which are crucial for construction accounting. The platform offers comprehensive project management and real-time financial reporting, ensuring accurate budgeting and cost tracking throughout your projects. Its cloud-based nature enhances accessibility and collaboration among your team, making it easier to manage financial processes. With integrated functionalities like payroll and customer relationship management, Acumatica streamlines operations, providing a robust solution for construction businesses aiming to improve financial oversight and decision-making.
Acumatica Key Features
In addition to its all-in-one financial management capabilities, Acumatica offers several features that cater to the specific needs of construction accounting.
- Job Cost Accounting: Track labor, materials, and equipment costs accurately, providing real-time updates to keep project management and accounting in sync.
- AI Insights: Utilize artificial intelligence to gain data-driven insights, helping your team make informed decisions and enhance project profitability.
- Role-Based Applications: Enable real-time collaboration with applications designed for various team roles, ensuring intuitive usability across your organization.
- Open APIs: Integrate seamlessly with popular construction platforms, enhancing operational efficiency and allowing for customized solutions tailored to your business needs.
Acumatica Integrations
Integrations include Pacejet Shipping, Heuristyc Development Services, Sprinterra Consulting, Workforce Go Payroll, CADLink for BOM synchronization, Accounts Payable Automation by Traild, IIG's Acuboost for consignment processing, AcuEquipmentROI for equipment revenue tracking, AcuGateway for credit card terminal integration, and a native integration for the Amazon Marketplace.
Pros and cons
Pros:
- Highly scalable
- Robust reporting system
- Platform is accessible from anywhere
Cons:
- Customizations may be complex
- Learning curve for new users
For construction professionals seeking a software solution that integrates accounting with project management, Viewpoint Vista offers a compelling choice. Tailored for businesses in the construction industry, it enhances collaboration and streamlines operations with features like job-cost accounting and automated invoicing. By providing real-time financial data access and improving communication among project teams, it helps you manage cash flow and reduce project risks, ultimately boosting efficiency and productivity in your projects.
Why I Picked Viewpoint Vista
I picked Viewpoint Vista because it excels in automated invoicing, a crucial feature for construction accounting. The software significantly reduces the time spent on tracking unapproved invoices by integrating invoicing with project management, enhancing both cash flow and productivity. Its ability to streamline billing processes ensures that your team can focus on timely project delivery and staying within budget. Additionally, Vista's real-time visibility into project finances facilitates better decision-making and minimizes operational risks.
Viewpoint Vista Key Features
In addition to its strength in automated invoicing, Viewpoint Vista offers several other features designed to meet your construction accounting needs.
- Job-Cost Accounting: This feature provides detailed tracking of project costs, allowing you to monitor expenses and stay within budget.
- Workforce and Payroll Management: Streamline payroll processes and manage employee data with integrated tools that ensure compliance and accuracy.
- Service and Equipment Management: Enhance operational efficiency by managing equipment usage and maintenance schedules directly within the software.
- Detailed Analytics: Gain insights into your financial data with comprehensive reporting tools that support better decision-making and strategic planning.
Viewpoint Vista Integrations
Integrations include Mail Manager, ActivePlan, Graitec Ltd, NBS, Sempre Analytics, and other solutions available through the Trimble Marketplace.
Pros and cons
Pros:
- Scalable for enterprise construction operations
- Strong payroll and compliance integration
- Robust job-costing and financial oversight
Cons:
- Reporting tools can feel outdated
- Limited flexibility in customization options
For trade contractors seeking a reliable construction accounting solution, Knowify offers a tailored platform that addresses the intricacies of project and service management. This software is designed to automate tasks like expense tracking and invoicing, which can significantly reduce errors and increase efficiency. With seamless integration with QuickBooks, Knowify empowers you to manage finances effectively while enhancing overall profitability, making it an excellent choice for those looking to streamline operations and make informed business decisions.
Why I Picked Knowify
I picked Knowify for its exceptional capability to support cloud-based teams, a crucial need in modern construction accounting. With real-time data collection, your team can track expenses, time, and material costs directly from the field, minimizing manual input and ensuring up-to-date financial data. The platform's flexible work environment allows you to operate seamlessly between Knowify and QuickBooks, keeping data consistent while accommodating team preferences. Additionally, its efficient data syncing enhances workflow, making it particularly suitable for trade contractors managing construction and service jobs.
Knowify Key Features
In addition to the features that make Knowify ideal for cloud-based teams, there are several other functions that enhance its utility for construction accounting.
- Purchase Order Management: This feature allows you to create, track, and manage purchase orders directly within the platform, ensuring that all procurement activities are streamlined and easily accessible.
- Bill Processing Automation: Automate the processing of bills to reduce manual entry, saving time and minimizing errors in your accounting workflows.
- Flexible Invoicing: Customize and send invoices directly from Knowify, allowing you to maintain consistency and professionalism in your billing processes.
- Budgeting Tools: These tools help you set and monitor budgets for various projects, providing insights to keep your financial plans on track and maintain profitability.
Knowify Integrations
Integrations include QuickBooks, Stripe, Authorize.net, PaySimple, Google Calendar, Microsoft Outlook, Gmail, Xero, Zapier, and an API for custom integrations.
Pros and cons
Pros:
- Real-time data collection enhances decision-making and project tracking
- Excellent time tracking and location features
- Great for plumbers, landscapers, or others that need access on the go
Cons:
- Limited customization
- Built for contractors; may be difficult to adapt to other scenarios
For those seeking a solution to unify construction management with financial oversight, Jonas Construction offers a specialized ERP platform that integrates accounting, payroll, and project management into one cohesive system. This software is particularly appealing to contractors and service providers in sectors such as mechanical, electrical, plumbing, and HVAC, offering tools to streamline operations and enhance profitability. By providing real-time data access through a secure cloud infrastructure, Jonas Construction helps you optimize workflows and improve decision-making across your projects.
Why I Picked Jonas Construction
I picked Jonas Construction for its unique ability to help you avoid contractor overpayments through precise financial management. The software ensures accurate payment tracking by linking invoices directly to subcontractor agreements, which minimizes the risk of overpayments. Additionally, Jonas Construction offers advanced accounts payable features that streamline payment processing and reduce manual entry errors. By integrating these functionalities with project management tools, Jonas Construction provides a comprehensive solution that enhances financial oversight and operational efficiency in your construction projects.
Jonas Construction Key Features
In addition to its capabilities for avoiding contractor overpayments, Jonas Construction offers a variety of features tailored for the construction industry:
- Service Management: Tools for work order management, dispatch scheduling, and preventative maintenance contracts ensure that your service operations are handled efficiently.
- Project Management: This includes capabilities for managing construction change orders, RFIs, time tracking, daily logs, project scheduling, and job costing, helping you keep projects on track.
- Integrated Operations: Features like equipment management, inventory control, purchase order procurement, and document management streamline your operational processes.
- Client Service Portal: Provides a dedicated interface for clients to access service-related information, enhancing transparency and communication.
Jonas Construction Integrations
Native integrations are not currently listed by Jonas Construction.
Pros and cons
Pros:
- Ability to handle WIP reporting and subcontractor module controls
- Quick and informative customer support
- Integrated modules for accounting, job costing, and dispatch scheduling saves time
Cons:
- Some limitations in the number of characters allowed for job names and contract numbers
- Limited third-party software integrations
For construction professionals seeking to streamline financial processes, Briq offers a tailored platform that integrates crucial data across operations, finance, and projects. Designed specifically for the construction industry, its AI-driven automation enhances accounting functions and optimizes workflows, allowing a focus on strategic tasks rather than routine administrative duties. By addressing challenges such as compliance, risk management, and budget optimization, Briq empowers your team to make informed business decisions and improve profitability.
Why I Picked Briq
I picked Briq for its standout automation capabilities, which are crucial for anyone needing Construction Accounting Software. Briq excels in automating processes like job initiation and budget management, reducing the time spent on repetitive data entry and minimizing human errors. The software's ability to connect conflicting project management systems further enhances workflow efficiency and ensures seamless communication across teams. With features like real-time data access and error detection, Briq empowers your team to focus on strategic tasks, ultimately driving profitability in your construction business.
Briq Key Features
In addition to its automation capabilities, Briq offers a range of features tailored to enhance your construction accounting processes:
- Finance AI: This feature automates critical accounting functions, including budgeting and financial analysis, streamlining your financial operations.
- Operations AI: It automates project planning and execution workflows, ensuring that your team can focus on core construction activities.
- Risk Management AI: This feature helps in identifying and mitigating potential risks, safeguarding your projects from unforeseen challenges.
- Integration with Platforms: Briq offers seamless integration with platforms like Salesforce and Oracle, allowing for a unified data ecosystem.
Briq Integrations
Integrations include AWS, NetSuite, Dropbox, Salesforce, Sage, BambooHR, Excel, Oracle, Google, and CMIC.
Pros and cons
Pros:
- Offers AI-driven insights into budgeting and forecasting
- Provides real-time data updates for quick decision-making
- Automates financial processes, reducing manual workload
Cons:
- Customization options are not very flexible
- High initial investment for implementation
Rhumbix brings a fresh perspective to construction accounting by digitizing paperwork and providing real-time analytics, which can enhance your project visibility and workflow. Designed specifically for the construction industry, it helps you capture critical data on-the-go with its user-friendly mobile app, allowing you to focus more on building and less on paperwork. This tool addresses the challenges of labor productivity and compliance, equipping you with actionable insights to optimize your construction operations.
Why I Picked Rhumbix
I picked Rhumbix for its exceptional real-time production tracking capabilities, which truly set it apart in the realm of Construction Accounting Software. The platform allows your team to closely monitor labor productivity and track installed quantities with precision, offering immediate insights into project performance. With features like mobile-friendly labor productivity reporting and automated data integration, you can ensure accurate data management and enhance project insights. Rhumbix's ability to provide real-time data access empowers you to make informed decisions swiftly, optimizing project timelines and managing labor costs effectively.
Rhumbix Key Features
In addition to its real-time production tracking, Rhumbix offers several other valuable features for your construction accounting needs:
- Time & Attendance: Provides streamlined time entry for crews or individuals, facilitating payroll and job cost accounting.
- Compliance: Offers tools to assist in meeting regulatory requirements, ensuring your projects adhere to necessary standards.
- Change Orders: Facilitates efficient tracking and processing of unplanned work, allowing you to manage changes seamlessly.
- Custom Forms & Workflows: Enables the digitization of any form or workflow, allowing for tailored reporting and data management across your projects.
Rhumbix Integrations
Integrations include Procore, Autodesk, Oracle, SAP, Sage, Viewpoint, COINS, QuickBooks, ComputerEase, and Rhumbix also offers a publicly available REST API for custom integrations.
Pros and cons
Pros:
- Customizable forms and workflows
- Simple job and employee setup
- Mobile-first, easy field access
Cons:
- Better fit for larger companies
- Slow customer support response times
For those navigating the complexities of construction financial management, Foundation offers a tailored solution that integrates job costing, payroll, and invoicing into a single, user-friendly platform. Its design caters to contractors who need precise financial oversight and streamlined operations without the hassle of juggling multiple systems. With nearly four decades of industry experience, Foundation addresses the specific needs of construction businesses, helping you maintain profitability while managing intricate project finances effectively.
Why I Picked Foundation
I picked Foundation for its standout timesheet management capabilities, which are crucial for construction accounting. With features like real-time data collection and GPS location stamps, you can ensure accurate tracking of work hours and locations. The integration of biometric facial recognition for clock-ins not only enhances security but also prevents issues like buddy punching, which can inflate labor costs. These functionalities, combined with seamless integration into the FOUNDATION® accounting software, make it an optimal choice for managing labor costs and ensuring payroll accuracy in the construction industry.
Foundation Key Features
In addition to its excellent timesheet management, Foundation offers a suite of features tailored for construction accounting.
- Comprehensive Modules: Includes Accounts Payable, Accounts Receivable, Job Costing, Payroll, and Project Management, providing a complete financial toolkit for your construction projects.
- Real-Time Reporting: Utilizes tools like DataGenie™ for customized reporting and an Executive Dashboard for quick insights, enabling you to make informed financial decisions.
- Mobile Access: Offers mobile solutions for on-the-go management, allowing you to access critical financial data anytime, anywhere.
- Integration Capabilities: Supports integration with CPA tools and other software, enhancing the software's functionality and ensuring seamless financial operations.
Foundation Integrations
Native integrations include WorkMax and McCormick Systems. If you need custom integrations, Foundation offers an API for additional flexibility.
Pros and cons
Pros:
- Payroll and timekeeping features
- 30+ integration options
- Customizable, modular format
Cons:
- Requires adjustments to week-ending dates for accurate reporting
- Usability issues with the mobile app
For those in the construction industry seeking a reliable accounting solution, ZipBooks offers an intuitive platform designed to simplify your financial management. Tailored for small businesses, it provides essential features like invoicing, expense tracking, and intelligent reporting, allowing you to manage your finances with ease and precision. By automating billing processes and offering smart financial insights, ZipBooks helps streamline bookkeeping tasks, enabling you to focus more on your projects.
Why I Picked ZipBooks
I picked ZipBooks for its superior project budget tracking capabilities, which are vital in construction accounting. With features that allow you to create detailed budgets and assign tasks within projects, ZipBooks ensures that every financial aspect is meticulously tracked. The ability to tag income and expenses to specific projects guarantees that all financial data remains organized and accurate, giving you complete oversight. Additionally, time tracking is integrated, automatically importing hours into invoices, so you get compensated for every minute, making it an invaluable tool for managing construction project costs.
ZipBooks Key Features
In addition to its project budget tracking capabilities, ZipBooks offers several other features that make it an attractive choice for construction accounting.
- Customized Invoices: You can create detailed invoices tailored to specific clients or projects, ensuring clarity and professionalism in your billing process.
- Time Tracking: This feature allows you to log hours directly within the platform, making it easier to manage labor costs and integrate them into your financial records.
- Expense Management: Automatically track and categorize your expenses, helping you maintain accurate financial records without the hassle of manual entry.
- Advanced Financial Reporting: Access comprehensive reports that provide valuable insights into your financial health, aiding in better decision-making and strategic planning.
ZipBooks Integrations
Integrations include Square, PayPal, Stripe, WePay, Aliant Payments, Amazon Payments, Authorize.net, Braintree, CardConnect, and CashWorx.
Pros and cons
Pros:
- Built-in time tracking feature
- Quick, professional invoicing tools
- Easy-to-use accounting interface
Cons:
- Limited third-party app integrations
- Lacks advanced accounting features
For construction professionals seeking a tool to manage both accounting and project tasks, Buildertrend presents a cloud-based platform designed to fulfill your diverse needs. Whether you're a home builder, remodeler, or specialty contractor, Buildertrend’s suite of tools—from estimating and scheduling to job costing and invoicing—facilitates the management of leads, projects, and finances. By tackling industry challenges like low profit margins and labor shortages, Buildertrend empowers your team to boost productivity and collaboration, ultimately enhancing your business's profitability and project capacity.
Why I Picked Buildertrend
I picked Buildertrend for its exceptional fit within construction accounting, particularly for project management teams. Its project management tools, which include scheduling, daily logs, and real-time communication, are tailored to organize your project's workflow and keep everything on track. Additionally, the financial management features—such as budgeting and invoicing—integrate with project tasks, providing a clear picture of your financial health. This combination of features not only enhances project organization but also improves financial oversight, making Buildertrend an ideal choice for those seeking a robust solution for managing construction projects from start to finish.
Buildertrend Key Features
In addition to its strong project management capabilities, Buildertrend offers several other features that enhance its utility for construction accounting.
- Budgeting Tools: These help you create detailed financial plans for your projects, allowing your team to manage costs effectively.
- Job Costing: This feature enables precise tracking of expenses and revenues for each project, ensuring better financial oversight.
- Invoicing System: Buildertrend's invoicing tools allow you to generate and send invoices directly from the platform, simplifying your billing process.
- Purchase Orders: Easily manage purchase orders within the software to maintain a clear record of materials and services procured.
Buildertrend Integrations
Integrations include QuickBooks, Xero, Salesforce, HubSpot, Pipedrive, Gusto, CoConstruct, Sage, Zapier, and Pro Xtra.
Pros and cons
Pros:
- Robust set of financial management features
- Enhances communication and collaboration
- Mobile app to access and update project details on the go
Cons:
- Steep learning curve
- Limited integrations
For those in the construction industry seeking a solution that can enhance project control and financial visibility, RedTeam offers a compelling choice. Designed specifically for contractors, its comprehensive features streamline processes from preconstruction to project closeout, addressing challenges like job costing and resource management. By providing tools that improve efficiency and ensure projects are completed on time and within budget, RedTeam stands out as a reliable partner for construction accounting needs.
Why I Picked RedTeam
I picked RedTeam for its exceptional real-time reporting capabilities, which are crucial for addressing the financial visibility challenges faced by construction professionals. The real-time Work-In-Progress (WIP) and financial reports provide comprehensive insights into cash flow and profitability, allowing you to make informed financial decisions on the go. Additionally, dynamic job cost statements further enhance your ability to track project costs and budget adherence effectively. With seamless accounting integrations, RedTeam ensures that all financial data is synchronized, reducing manual entry and potential errors, which is vital for maintaining cost control.
RedTeam Key Features
In addition to its real-time reporting strengths, RedTeam offers a variety of features that cater directly to the needs of construction accounting.
- Change Order Management: This feature allows you to easily track and manage change orders, ensuring that all project modifications are documented and reflected in your budget.
- Subcontractor Management: You can efficiently handle subcontractor agreements and payments, helping maintain clear and organized records.
- Document Management: This tool provides a centralized location for storing and accessing all project-related documents, ensuring that your team always has the latest information at their fingertips.
- Mobile App Access: With mobile app capabilities, your team can access project data and perform key tasks from anywhere, enhancing flexibility and on-site decision-making.
RedTeam Integrations
Integrations include Acumatica Construction Edition, DocuSign, QuickBooks Online, Sage 100 Contractor, Sage 300 CRE, and Sage Intacct.
Pros and cons
Pros:
- Live analytics and reporting
- Access data from anywhere
- Comprehensive document management
Cons:
- Limited functionality for smaller projects
- Issues with scheduling and document formatting
For construction professionals seeking a reliable accounting solution, Sage Construction Management, formerly CoreCon, offers a tailored approach to streamline your operations. Designed for small to mid-sized firms, it integrates with popular accounting platforms like Sage Intacct and QuickBooks, automating tasks such as invoicing and document management. Its cloud-based platform ensures easy access, although users should be prepared for a brief adjustment period to fully leverage its capabilities.
Why I Picked CoreCon
I picked CoreCon for its exceptional job tracking capabilities, which are crucial for any construction accounting software. CoreCon excels in budget management and cost tracking, allowing you to monitor project expenses in real-time and ensure financial control. Its project scheduling feature enhances your team's ability to plan and execute tasks efficiently, keeping projects on track and within budget. Additionally, CoreCon's integration with various accounting systems simplifies the process of managing financial data, making it a practical choice for construction professionals focused on job tracking.
CoreCon Key Features
In addition to its job tracking capabilities, CoreCon offers several other features that might benefit your construction accounting needs:
- Lead and Bid Management: This feature allows your team to track leads and manage bids efficiently, providing a clear view of potential projects and their statuses.
- Mobile Access: With mobile access, you and your team can stay connected to project data and updates from any location, ensuring continuous collaboration and information flow.
- Document Management: This tool helps organize and store all project-related documents in one place, making it easier to access and share crucial information with your team.
- Compliance Tools: CoreCon includes features to help ensure your projects meet industry regulations and standards, reducing the risk of compliance issues.
CoreCon Integrations
Integrations include QuickBooks Desktop, QuickBooks Online, Sage 50, SAP Business One, Microsoft Office, Microsoft Outlook, Sage Simply Accounting, Xero, Procore, and Bluebeam.
Pros and cons
Pros:
- Real-time collaboration via Android and iOS app
- Advanced reporting features
- Comprehensive project management capabilities
Cons:
- Lacks a self-contained accounting package, relying on integrations
- Limited language support
For construction professionals aiming to improve financial management, Deltek ComputerEase offers a solution tailored to the industry's unique needs. This software provides tools designed to optimize accounting processes, enhance project visibility, and ensure compliance with financial regulations. By leveraging Deltek ComputerEase, your team can manage job costing and payroll, boosting productivity and profitability in your construction business.
Why I Picked Deltek ComputerEase
I picked Deltek ComputerEase for its standout cost management features tailored specifically for the construction industry. The software provides real-time job costing, allowing you to monitor expenses as they occur, which is crucial for maintaining project budgets. Additionally, its Work in Progress (WIP) reporting offers detailed insights into project status and financial performance, ensuring your projects stay on track and within budget. Deltek ComputerEase also integrates automated billing and payroll management, which helps enhance cash flow management, making it a valuable asset for construction firms seeking efficient cost control.
Deltek ComputerEase Key Features
In addition to its cost management capabilities, Deltek ComputerEase offers a variety of features that cater to the comprehensive needs of construction accounting.
- Payroll Management: Simplifies payroll processes for construction workers, ensuring compliance with labor laws and timely payment.
- Financial Reporting: Provides customizable reports and dashboards for informed decision-making, allowing you to analyze financial health and project performance.
- Document Management: Organizes and securely stores project-related documents, making it easier for your team to access necessary information.
- Mobile Access: Allows you to access the software from mobile devices, facilitating on-the-go management and improving communication.
Deltek ComputerEase Integrations
Integrations include Procore, Payroc Bill & Pay, Raken, Quick Bid, Kojo, The Work Number, ServiceTitan, and AvidXchange.
Pros and cons
Pros:
- Great job-tracking features
- Flexible and customizable
- Includes integrated accounting and construction management functions
Cons:
- Limited integrations
- Fewer features than similarly-priced software
For construction firms ready to modernize their financial management, Sage Paperless Construction provides a user-friendly, cloud-based solution that integrates with existing Sage systems. It simplifies document management and accounts processes, eliminating paper-based workflows and improving operational efficiency. With tools to manage invoices, compliance, and project documentation, this software enhances productivity and reduces risks, making it a smart choice for construction businesses.
Why I Picked Sage Paperless Construction
I picked Sage Paperless Construction because its document management features address key challenges faced by construction companies. Its automated document capture reduces manual data entry, minimizing errors and saving time. The DocRoute module streamlines document routing and approval, ensuring that your team's workflows are efficient and organized. Additionally, with seamless integration into Sage ERP systems, you gain real-time access to project financials, making it easier to maintain accurate records and make informed decisions.
Sage Paperless Construction Key Features
In addition to its document management capabilities, Sage Paperless Construction offers a variety of features tailored to the needs of construction accounting.
- Automated AP Document Management: This feature allows you to efficiently capture, index, store, route, and approve accounts payable documents, simplifying your financial workflows.
- Payment Manager Module: Facilitate direct invoice payments, ensuring that your financial transactions are handled smoothly and without delay.
- Compliance Management: Utilize tools like Greenlight Compliance Manager™ to track and document compliance procedures, helping your team stay on top of regulatory requirements.
- Collaboration Tools: Connect field and office teams seamlessly, ensuring easy access to documents and approvals, which enhances project coordination and communication.
Sage Paperless Construction Integrations
Integrations include Sage 100 Contractor, Sage 300 Construction and Real Estate, Sage Intacct, Procore, and an API is available for custom integrations.
Pros and cons
Pros:
- Real-time collaboration enhances team communication
- Designed for mobile use in the field
- Documentation controls and audit trails
Cons:
- Ineffective mailbox management
- Requires a Sage product as your primary accounting software
For builders seeking a construction accounting solution that addresses the complexities of financial management, CoConstruct offers an innovative platform designed to enhance profitability and streamline daily operations. By integrating features like automatic bill scanning and cash back on materials, CoConstruct empowers you to manage your projects effectively while maximizing your bottom line. The platform’s commitment to exceptional service and continuous education ensures that your team can seamlessly adapt and thrive in a competitive industry.
Why I Picked CoConstruct
I picked CoConstruct because it caters specifically to the needs of home builders and remodeling teams, offering features that directly address the intricacies of construction accounting. The tool’s integration with existing accounting systems eliminates budget double-entry, ensuring financial accuracy and saving you time. CoConstruct also simplifies the change order process by allowing selection overages to convert easily into change orders, complete with online client sign-offs for swift payments. These targeted functionalities make CoConstruct a strong choice for those aiming to enhance efficiency and transparency in their construction projects.
CoConstruct Key Features
In addition to its tailored solutions for home builders and remodeling teams, CoConstruct offers several features that enhance its utility as a construction accounting software.
- Customizable Estimating Templates: Create accurate proposals by tailoring estimates to your specific project needs, ensuring precise budgeting and financial planning.
- Integrated Specification Management: Keep all project specifications organized and easily accessible, allowing for clear communication and streamlined project execution.
- Mobile App for Field Coordination: Enable field employees to coordinate with office staff on-the-go, logging updates and maintaining real-time communication to keep projects on track.
- Online Client Portal: Provide clients with access to jobsite updates and transparent pricing, fostering trust and facilitating timely payments.
CoConstruct Integrations
Integrations include QuickBooks, Microsoft Excel, and an API is available for custom integrations.
Pros and cons
Pros:
- 30-day money-back guarantee
- Wide range of bidding and proposal tools
- Simple and easy-to-use interface
Cons:
- Limited reporting functionality
- Few integration options
For those in the construction industry seeking an all-in-one accounting solution, CMiC may be the tool that meets your needs. Tailored specifically for general contractors, subcontractors, and heavy-highway firms, CMiC integrates financial management, project management, and analytics to streamline operations. Its robust capabilities enhance project visibility and control, making it easier for your team to manage job costing and financial transactions while optimizing decision-making processes. By choosing CMiC, you can address the complexities of construction accounting with a platform designed to grow alongside your business needs.
Why I Picked CMiC
I picked CMiC for its standout collaboration features that directly address the complexities of construction accounting. With mobile teamwork capabilities, your team can communicate project goals and access essential tools like BIM and video logging in real-time, reducing errors and resource wastage. The standardized data sharing ensures that stakeholders receive consistent updates, and executives have access to consolidated data for better decision-making. Additionally, CMiC's unified platforms integrate mobile and desktop tools, eliminating document searches and data conflicts, which enhances collaboration and productivity across your construction projects.
CMiC Key Features
In addition to its collaboration capabilities, CMiC offers a range of features that cater specifically to the financial needs of construction firms.
- Accounts Payable: This feature allows you to manage vendor invoices, track outstanding payments, and streamline your financial obligations with ease.
- Accounts Receivable: With this tool, your team can efficiently handle customer invoices, monitor receivables, and maintain a healthy cash flow.
- Consolidated General Ledger: This feature provides a unified view of your financial data, enabling accurate financial reporting and comprehensive oversight of your organization's fiscal health.
- Billing: CMiC simplifies the billing process, allowing you to generate invoices and track payments effectively, ensuring timely revenue collection.
CMiC Integrations
Integrations include Autodesk, Bluebeam, Comdata, DocuSign, Kofax, and PlanGrid. CMiC also offers API bundles for CRM, estimates and budgets, payroll processing, and other tasks.
Pros and cons
Pros:
- Highly customizable
- Real-time visibility into accounting and operations
- Robust reporting features
Cons:
- Limited reporting features
- Complex setup
For construction professionals seeking an accounting solution, QuickBooks Online offers a tailored approach that simplifies financial management with features like job costing, expense tracking, and payroll. It addresses the unique needs of construction firms by providing tools that enhance project profitability and efficiency, from real-time payment tracking to customizable reporting. With integration capabilities and mobile access, QuickBooks Online ensures you can manage your financial operations effectively, whether you're in the office or on-site.
Why I Picked QuickBooks Online
I picked QuickBooks Online for its unique suitability for small contractors in construction, particularly due to its robust job costing feature. This functionality allows you to track project profitability by accurately managing job costs and labor expenses, which is crucial for small contractors who need to maintain tight control over their budgets. Additionally, the software offers customizable reporting, giving you comprehensive insights into your financial health, enabling better decision-making. I also appreciate its contractor management tools, which simplify tax form preparation and streamline expense tracking for subcontractors, addressing key operational challenges you may face.
QuickBooks Online Key Features
In addition to the features that make QuickBooks Online ideal for small contractors, there are several other key functionalities that enhance its utility for construction accounting.
- Progress Invoicing: This feature allows you to bill clients incrementally, helping maintain a steady cash flow throughout project timelines.
- Time Tracking: Track employee hours by project and automatically integrate this data into payroll and invoices, ensuring accuracy in labor cost allocation.
- Project Cost Tracking: Monitor all project-related expenses in real-time, providing insights into cost overruns and helping you make informed budgeting decisions.
- Subcontractor Management: Efficiently handle subcontractor payments and expenses, streamlining operations and ensuring compliance with tax regulations.
QuickBooks Online Integrations
Integrations include Buildertrend, SOS Inventory, QuickBooks Time, Bill.com, HubSpot, Salesforce, DocuSign, LeanLaw, QuickBooks Payroll, and Expensify.
Pros and cons
Pros:
- Cloud-based access allows real-time collaboration
- Integrates with various construction management tools
- Billing and reporting features
Cons:
- Limited customization
- Cheapest plan doesn’t allow multiple users
For those navigating the complexities of construction accounting, Puzzle.io offers a forward-thinking platform designed to cater to startups and small to medium enterprises in the construction industry. With its AI-driven capabilities, Puzzle.io stands out by reducing the time spent on accounting tasks and enhancing accuracy, allowing you to focus more on building projects rather than balancing books. It integrates with tools like Stripe and Gusto, automating up to 95% of repetitive tasks, which means more time for strategic decision-making and less time dealing with spreadsheets.
Why I Picked Puzzle.io
I picked Puzzle.io for its strong focus on automated revenue recognition, a crucial feature for construction firms managing complex financial transactions. Its integration with Stripe facilitates accurate revenue tracking, minimizing manual entries and errors. Puzzle.io also automates the calculation of Monthly and Annual Recurring Revenue, delivering real-time financial insights essential for making informed decisions. This not only conserves your time but ensures compliance with IRS and GAAP standards, making it a suitable option for optimizing your accounting processes.
Puzzle.io Key Features
In addition to its automated revenue recognition capabilities, Puzzle.io offers a range of features that cater to the specific needs of construction accounting.
- AI Categorizer: Utilizes artificial intelligence to categorize transactions and explain them in natural language, simplifying the accounting process for your team.
- Auto-Ingestion of Receipts and Invoices: Automatically links and matches receipts, bills, and invoices from platforms like Stripe and Brex, ensuring your records are always up-to-date.
- Enhanced Client Experience: Provides insights and variance reports, along with dual cash and accrual books, to meet both client and investor requirements seamlessly.
- Training and Support: Offers online training and dedicated support to help you and your team quickly adapt to the software, ensuring a smooth transition and ongoing success.
Puzzle.io Integrations
Integrations include Stripe, Gusto, and an API for custom integrations.
Pros and cons
Pros:
- Real-time dashboards provide immediate financial insights
- AI-powered transaction categorization
- Automated bank reconciliations ensure accuracy
Cons:
- Lacks construction-specific features
- Limited support for non-U.S. bank accounts
For construction firms navigating the complexities of financial management, DualEntry offers an AI-native solution tailored to your needs. Designed with mid-market companies and those preparing for IPOs in mind, it addresses the challenges of managing high transaction volumes and multi-entity operations. By providing automated reconciliation and global cash visibility, DualEntry helps you maintain compliance with key regulations while reducing the burden of manual processes.
Why I Picked DualEntry
I picked DualEntry for its AI-driven accounts payable automation, which is particularly beneficial for construction accounting. The platform's ability to automate vendor payments and streamline invoice processing significantly reduces manual tasks, allowing your team to focus on strategic financial management. With features like real-time spend visibility and anomaly detection, you can manage multiple entities and currencies efficiently while maintaining compliance with financial regulations. Additionally, the integration with over 13,000 banks ensures seamless financial operations, making it an ideal choice for construction firms looking to optimize their accounting processes.
DualEntry Key Features
In addition to its AI-driven accounts payable automation, DualEntry offers several features tailored for construction accounting needs:
- Core Financials: Manage your General Ledger, Accounts Receivable, Accounts Payable, and Cash Management with comprehensive tools designed to streamline financial operations.
- Advanced Accounting: Utilize features like Revenue Recognition, Subscription Billing, and Fixed Asset Management to efficiently handle complex accounting tasks.
- Automation: Benefit from automated transaction matching and streamlined bookkeeping processes, which reduce manual work and increase accuracy.
- AI Insights: Leverage AI for expense management, predictive insights, and real-time risk assessment, enhancing decision-making and operational efficiency.
DualEntry Integrations
Integrations include Gusto, HubSpot, Ramp, Stripe, Salesforce, Rippling, and custom API integrations.
Pros and cons
Pros:
- Advanced AI features help with complex accounting tasks
- Supports multi-entity and multi-currency operations
- Automated revenue recognition ensures compliance with standards
Cons:
- Customization options require careful setup
- No option to try the platform before buying
Construction Accounting Software Selection Criteria
To find the best construction accounting software, I focused on what really matters to finance teams, like tracking project costs and syncing with tools you already use. I followed a clear, consistent framework to keep it fair and practical:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Manage project budgets
- Track time and expenses
- Generate financial reports
- Handle payroll processing
- Support billing and invoicing
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Mobile access capabilities
- Integration with BIM (Building Information Modeling)
- Real-time collaboration tools
- AI-driven analytics
- Customizable dashboards
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive interface design
- Customization options
- Speed of navigation
- Simplified data entry
- Error prevention measures
- Cloud-based access
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to webinars
- Presence of chatbots for guidance
- Comprehensive user manuals
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- Responsiveness of support team
- Availability of 24/7 support
- Access to a knowledge base
- Personalized support options
- Regular system updates
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing models
- Availability of tiered pricing plans
- Cost transparency
- Inclusion of essential features in base price
- Discounts for long-term commitments
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall user satisfaction ratings
- Reported ease of use
- Satisfaction with customer support
- Frequency of software updates
- Feedback on feature effectiveness
How to Choose Construction Accounting Software
Choosing construction accounting software can get overwhelming. To keep your decision focused, use this quick checklist of key factors tailored to your finance needs. Skip the fluff, prioritize what matters.
| Factor | What to Consider |
|---|---|
| Scalability | Ensure the software can grow with your company, handling more projects and users as your business expands. |
| Integrations | Check if the software integrates smoothly with tools you already use, like accounting or project management systems. |
| Customizability | Look for options to tailor the software to fit your specific workflows and business needs. |
| Ease of Use | Your team should find the software intuitive, minimizing the need for extensive training. |
| Budget | Consider total cost, including hidden fees and future expenses, to ensure it fits within your financial plans. |
| Security Safeguards | Verify the software provides strong security measures to protect sensitive project and client data. |
Trends In Construction Accounting Software
In my research, I sourced countless product updates, press releases, and release logs from different construction accounting software vendors. Here's what I found:
- Real-Time Reporting: More vendors are incorporating real-time financial reporting features, allowing companies to monitor their financial status instantly. This is particularly useful for making timely decisions and improving financial transparency.
- Cloud-Based Solutions: There's a noticeable shift towards cloud deployment, offering flexibility and remote accessibility. This trend is important for construction firms that need to access data from different sites.
- AI Integration: The use of AI in managing accounting tasks is on the rise, as it helps automate routine tasks and provides predictive analytics. This can be mostly beneficial for budgeting and forecasting.
- Enhanced Financial Tracking: There's growing demand for integrated solutions that combine project management and financial tracking. This integration helps streamline operations and minimize errors.
- Product Innovation and Customization: Vendors are focusing on product innovation to cater to specific needs of small to large construction companies. This trend is driven by the need to offer more tailored and customizable solutions that align with varied business processes.
What is Construction Accounting Software?
Construction accounting software is a specialized tool designed to help company contractors, builders, and project managers accurately track job costs, manage payroll, handle subcontractor billing, and maintain compliance with standards like AIA billing and certified payroll reporting.
It provides project-specific financial insights, making it essential for construction firms managing multiple complex jobs and tight profit margins.
Features of Construction Accounting Software
When looking for an accounting software for construction company processes, compliance and project management are key. However, there are a few other features you should be aware of, including:
- Job Costing: This feature allows you to assign costs to specific jobs or projects, helping you track profitability and manage budgets effectively.
- Time and Expense Tracking: By monitoring time and expenses, you can ensure accurate billing and improve project management through detailed insights across multiple sites.
- Resource Management: Efficiently manage human and non-human resources, such as equipment and facilities, to optimize project allocation and utilization.
- Budgeting and Forecasting: Create detailed budgets and forecasts to predict future financial conditions and make informed business decisions.
- Integration Capabilities: Seamlessly connect with other software solutions you use, such as payroll, CRM, or project management tools, for a unified workflow.
- Accounts Payable and Receivable: Manage incoming and outgoing payments to maintain healthy cash flow and ensure timely processing of transactions.
- Reporting and Analytics: Generate comprehensive reports and analytics to gain insights into financial performance and support strategic planning.
- Compliance Management: Ensure adherence to industry standards and regulations by maintaining accurate records and documentation.
- Document Management: Store and organize critical documents and contracts to streamline access and enhance project collaboration.
- Mobile Access: Access financial data and perform accounting tasks on-the-go with mobile-friendly applications, ensuring flexibility and responsiveness.
Benefits of Construction Accounting Software
Switching to a construction accounting software takes pressure off your team and gives you better control over your finances, but that's not all the benefits you'll see. Here are a few additional ones:
- Improved Cost Tracking: You can assign cost rates to people or roles, allowing you to manage project finances with precision and see real-time profitability.
- Time and Expense Tracking: By integrating with time tracking tools, you can compare planned vs. actual time and expenses, helping you stay on budget.
- Real-Time Updates: Integration with CRM and ERP systems allows for fast updates, ensuring that all your financial data is current and accurate.
- Project Profitability Analysis: The software provides tools like project financials and P&L reports, helping you understand profitability at every project stage.
- Scalability of Resources: It helps manage resources efficiently, even as your business grows, making it easier to assign and manage tasks across multiple projects.
Costs and Pricing of Construction Accounting Software
Selecting construction accounting software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in construction accounting software solutions:
Plan Comparison Table for Construction Accounting Software
| Plan Type | Average Price | Common Features |
|---|---|---|
| Free Plan | $0 | Basic accounting features and limited project tracking. |
| Personal Plan | $10-$20/user/month | Project management, basic accounting tools, and customer support. |
| Business Plan | $30-$50/user/month | Comprehensive accounting, enhanced project tracking, and team collaboration tools. |
| Enterprise Plan | $70-$100/user/month | Advanced analytics, custom integrations, premium support, and scalability options. |
Construction Accounting Software FAQs
Here are some additional questions that you might have when considering construction accounting software.
How is construction accounting software different from generic accounting software?
Construction accounting software includes features like job costing, change order tracking, and project-based accounting that generic software doesn’t offer. It also supports industry-specific needs such as AIA billing, retainage, and compliance reporting. These features help you manage multiple projects, control costs, and stay compliant with construction regulations.
What kind of reports and analysis can I generate with construction accounting software?
You can generate job cost reports, project profitability analysis, cash flow statements, and work-in-progress (WIP) reports. Many solutions also offer custom dashboards for tracking budgets, purchase orders, invoices, and labor costs. This lets you quickly spot issues, monitor project health, and support better decision-making.
Can construction accounting software help with certified payroll and compliance requirements?
Yes, most construction accounting software can help automate certified payroll reporting and keep you compliant with prevailing wage laws. These tools track worker classifications, hours, and wages for government contracts, and generate the required certified payroll reports automatically.
How does job costing work in construction accounting software?
The best construction accounting software assign costs by job, phase, or cost code, so you can monitor budget vs. actuals in real time. This helps you catch overruns early and keep projects profitable.
What integrations should I look for in construction accounting software?
When purchasing an accounting software for construction, look for integrations with your project management, time tracking, and payroll systems.
Connections to estimating, CRM, and document management tools can streamline processes and reduce manual data entry. Direct integration with your bank and ERP can also help with reconciliation and financial reporting.
Is cloud-based construction accounting software secure for sensitive financial data?
Yes, reputable cloud-based accounting software for construction companies encrypts your data in transit and at rest. Providers use regular security audits, multi-factor authentication, and secure data centers to protect your financial information. Ask vendors about their security protocols and compliance certifications.
Can my team access construction accounting software from mobile devices or field locations?
Yes, many platforms offer mobile apps or browser access so your team can log expenses, approve invoices, or review project finances from anywhere. This keeps your data current and helps field teams and office staff stay coordinated.
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