Categories   >   Foundation Accounting Software
Last Reviewed: November 22nd, 2024

Best Foundation Accounting Software Of 2024

What is Foundation Accounting Software?

Foundation Accounting Software serves as a comprehensive financial management tool for businesses, aiming to solve complexities in the financial landscape. Effective for industries like construction and manufacturing, it provides automation and accuracy in managing financials, bolstering data integrity and efficiency. Key features include job costing, project management, payroll, and reporting functionalities. With emerging features like cloud-based services and integration with other business software, it addresses the industry's evolving needs. However, its interface may appear dated compared to newer accounting software, and implementation might need technical expertise. Users benefit through enhanced financial oversight, streamlined processes, and improved decision-making capabilities. Its limitations notwithstanding, Foundation Accounting Software offers a comprehensive solution for businesses to manage their financial operations, contributing to improved profitability and informed decision-making. Its overall value proposition lies in its thorough financial management capabilities coupled with durability and scalability.

What Are The Key Benefits of Foundation Accounting Software?

  • Streamlines financial processes
  • Enhances data integrity
  • Improves decision-making capability
  • Automates accounting tasks
  • Boosts financial oversight
  • Offers project management tools
  • Facilitates comprehensive reporting
  • Promotes financial transparency
  • Supports cloud-based services
  • Provides scalability options
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Overall

Based on the latest available data collected by SelectHub for 19 solutions, we determined the following solutions are the best Foundation Accounting Software overall:

Procore
Procore
Start Price
$375
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked Procore

Procore's user reviews paint a picture of a powerful construction management software with strengths in centralizing data, improving communication, and streamlining workflows. Users praise its mobile accessibility, robust reporting tools, and collaborative features, citing improved project visibility and reduced paperwork as key benefits. However, some reviewers mention a steeper learning curve compared to simpler options and a higher cost point. One recurring strength is Procore's ability to consolidate information and communication. Users appreciate having a central platform for documents, drawings, discussions, and updates, eliminating the need for multiple tools and email threads. This fosters transparency and reduces miscommunication, as exemplified by a reviewer who mentioned avoiding costly delays due to improved information flow. Another frequently lauded aspect is Procore's mobile app, enabling field teams to capture data, submit reports, and access project information in real-time. This streamlines workflows and eliminates data silos, as highlighted by a reviewer who credited the app with improving efficiency and reducing rework. Procore's reporting and analytics tools are also seen as valuable assets. Users appreciate the ability to generate customizable reports and dashboards, providing valuable insights into project performance, resource allocation, and potential risks. This data-driven approach helps users make informed decisions and improve overall project outcomes. However, some users mention a steeper learning curve compared to more basic software, requiring initial investment in training and user adoption. Additionally, Procore's pricing structure can be a barrier for smaller companies or those with limited budgets, while competitors might offer more affordable options with similar core functionalities. In conclusion, Procore's strengths lie in its ability to centralize data, improve communication, and streamline workflows, making it a valuable tool for complex projects and larger teams. However, its learning curve and cost might pose challenges for smaller companies or those seeking basic functionalities. Ultimately, the decision depends on individual needs, project complexity, and budget considerations.

Pros & Cons

  • Functionality: All users that mentioned overall functionality liked its ability to perform different tasks such as invoicing, reporting, scheduling, submittals, RFIs and more, all in one tool.
  • Collaboration: All reviewers who referred to collaboration liked its ability to collaborate in real time with stakeholders and help teams bridge communication gaps while staying updated on current plans.
  • Cloud Based: All users who mentioned its cloud-based deployment liked that teams could easily access the tool from different geographical locations.
  • Tracking: All users that talked about tracking liked that they could keep track of individual employee production, employee timesheets and more.
  • Learning Curve: Due to its rich features, the system can be difficult to navigate and understand without proper training, as observed by 92% of users who specified the learning curve.
  • Performance: Almost all users who mentioned performance said that it takes time for the software to respond.
  • Updates: Around 85% of reviewers who specified updates said that frequent updates make keeping up with features challenging.

Key Features

  • Contract Management: View the status of purchase orders and contracts. Track and distribute change orders, payment documents and contract documents. 
  • Project Management: Automatically send overdue reminders via email to clients to help manage RFIs. Attach photos, plans, specs and PDFs to RFIs. Allow workers to log project time off-site using the web or mobile app. Sort activities by day, week or month. Filter project programs by resources or summary tasks. 
  • Time and Material Tickets: Generate change requests from T&M tickets to secure payments for performed work. Collect e-signatures to avoid payment disputes. 
  • Contact Directory and Permissions: Export contacts in CSV format. Grant role-based permissions to access data at individual, company or project levels. 
  • Quality and Safety Measures: Mitigate risks using incident tools. Understand the root cause of problems by identifying trends and combing through data. Identify unsafe patterns on job sites by accessing near-miss and injury records. 
  • Storage Capabilities: Gain unlimited storage space by purchasing an annual access agreement. 
  • Mobile Interface: Access project documents off-site. 
  • Drawing Management: Allow collaborators to upload drawings by granting issuance permissions. Create 2D and 3D models or designs. 
  • Data Security: Store data securely with AES-256-bit encryption. Conduct backups, track users and allow teams to view, edit and upload electronic documents. 
  • BIM: Access BIM data from the field with the ability to display 2D and 3D models on mobile devices. Publish models to enhance team collaboration. Compare site conditions to avoid costly errors. 
  • Bid Management: Track and manage bid invitations while increasing visibility with a single, organized repository. Compare bids by cost codes, bidding histories and location of bidders. 

Pricing

License/Subscription Cost
  • Procore offers a single annual license that provides unlimited access for employees and external clients. Pricing depends on the size of your company.
Buildertrend
Buildertrend
Start Price
$99
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked Buildertrend

Buildertrend has an intuitive interface that is easy to use and navigate. It requires some time to get used to its tools because of the rich features available. Users can make proposals for bids, schedule, send invoices, collect payments, conduct surveys and more. It offers a portal where employees can conveniently view their running hours and corresponding pay. It streamlines coordination with clients, including sharing daily updates on the progress of building completion. It helps teams maintain better communication and keep track of progress. Some reviewers have noted that integration with Quickbooks requires a significant time investment. A few users wished for more customization options. Customer representatives respond quickly and provide answers that will effectively solve problems.

Pros & Cons

  • Comprehensive Tool: The system comes loaded with rich functionalities that simplify production and streamline workflows, as mentioned by all users who referred to functionality.
  • User Friendly: Offers a user-friendly interface that makes it easy to manage and navigate, as noted by all reviewers who mentioned ease of use.
  • Support: More than 92% of reviewers referring to customer support noted that included professional services were helpful and responsive, taking time to walk them through an issue.
  • Track: All users who specified tracking liked that it helps teams and managers keep track of progress, logs, expenses, payrolls, bid requests, receipts and more.
  • Communication: All reviewers liked that it simplifies the process of communication and keeping teams up to date.
  • Learning Curve: All reviewers who mentioned the learning curve said it took time to get used to the tools during initial setup due to the many options available.
  • Quickbooks Integration: Around 60% of users noted that integration with Quickbooks took some time and effort.
  • Customization: It could provide more flexibility in customization, as observed by 83% of reviewers who referred to customization.

Key Features

  • Selections: Approve product pricing, keep patrons in the loop about running totals, receive electronic client signatures and access selection decisions and their associated product warranties in a centralized location. 
  • Communication: Manage messages, comments, emails and task-specific data in one place automatically. This module also offers push notifications on mobile devices and utilizes current email accounts. 
  • Bid Requests: Develop, compare, distribute and save bids in one hub. Users may define deadlines and receive reminders, accept offers and incorporate them in contracts. 
  • Estimates and Proposals: Construct estimates, allocate personalized proposals and close sales. Users may work with pre-set templates, obtain digital signatures and import information into Excel and other solutions. 
  • To-Dos: Create and designate responsibilities to teams and subcontractors and send reminders to patrons. Users can add items to lists with voice-to-text capabilities, attach documents and photos and send prompt alerts. 
  • Work-In-Progress (WIP) Reports: Produce WIP reports for maintaining projects in real time; obtain data for total billings, profit margins and costs to complete specific or all jobs; and receive current views of over or under billing for clients. 
  • Payment Processing: Obtain check or credit card payments online, modify invoices through QuickBooks and Xero when a payment is received automatically and acquire safe and secure processing. 
  • Budget: Track labor costs, billing, purchase orders and change orders in real time. Make adjustments as necessary, compare proposed to actual expenditures and work with multiple software integrations. 

Pricing

License/Subscription Cost
  • Large businesses can receive a quote while small/medium businesses can get 3 users for 299$ a month.
Maintenance Cost
  • Subscription & Support costs are based on a fraction of the license cost (25% of the initial license cost)
  • Software Accelerated Value Programs are charged incrementally, calculated case by case. They're dependent on the exact service the customer needs. Buyers cannot opt-in to Software Accelerated Value Programs without paying the standard Subscription & Support cost
Training Cost
  • Self-service support is available online
  • Multiple avenues for extended training and support. Support is available 24/7.
Recurring/Renewal Costs
  • Renewal fee depends on if a perpetual license or subscription was chosen.
CoConstruct
CoConstruct
Start Price
$499
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
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Why We Picked CoConstruct

CoConstruct offers a user-friendly solution for construction businesses to remove ambiguities, streamline operations and enhance productivity. It defines the scope of work, helps delegate tasks to team members, fosters communication with clients and trade partners, provides an overview of all in-progress projects and adapts to business needs. It seamlessly integrates with Quickbooks and keeps track of budgets, project estimations, expenses, billing and invoices. However, the system is challenging to set-up initially. It is hard to implement, requires a steep learning curve to understand its capabilities and backend processes and is slow to respond.

Pros & Cons

  • Functionality: The system streamlines organizational processes, efficiently tracks change orders, manages construction schedules and makes all information available easily. Its user-friendly interface helps define the scope of work, delegates tasks to employees and displays an overview of project status, noted by 81% of users who talked about the product’s functionality.
  • Communication: Nearly 79% of reviewers said that the product fosters communication with their clients, trade partners and clients and tracks all interactions so that they can be accessed anytime. It provides clients with greater visibility into project progress and stores all information in one place.
  • Mobile App: The system’s mobile platform provides easy access to schedules and tasks anytime, anywhere from any internet-connected device, without affecting field staff productivity, said nearly 81% of the users who talked about the mobile platform.
  • Flexibility: The system is customized to handle specific projects and does not offer capabilities to handle diverse projects, noted nearly 75% of reviewers who mentioned its flexibility.
  • Customization: Nearly 77% of reviewers said that the system offers limited customizations while grouping trade partners, lacks a checklist feature for completed tasks and doesn’t allow copying specifications to create new templates.

Key Features

  • Optimized Bidding: Attach estimations and specs directly to bids. Auto-load bid details to avoid double entry. Allow trade partners to update bid statuses. 
  • Cost Control: Track costs against actual project bills to maintain accurate project budgets. Send verified work immediately to QuickBooks to create bills to help lighten the load on accounting employees. Create full PO items on estimates. 
  • Accurate Invoicing: Create invoices from project costs and email them with a single click. Automatically sync invoices with QuickBooks and mark them completed when paid. 
  • Budgeting and Forecasting: Update project costs with real-time data from budgets. Share budgets with clients without having to create cost spreadsheets. Automatically update budgets as clients make choices. 
  • Punch Lists: Receive reminders about last-minute fixes and repairs. Let clients confirm the completion of tasks to keep everyone on the same page. 
  • Lead Tracking: Keep lead data in one accessible location. Set scores and categories while finding interesting leads and track contact details and upcoming tasks. Stay updated about field tasks, lead acquisitions and administrative tasks. 
  • Jobsite Activity: Allow field teams to input log notes using the mobile app. Create custom flags to report project issues, such as missing orders and late subs. 
  • Timesheet Management: Track workers’ activities using time clock functionality. Allow team members to clock in and clock out from the web or mobile app. 
  • Schedule Coordination: Integrate with iCal to access data from Google, Outlook, Yahoo or macOS/iOS calendars. Use existing schedule templates or import from other systems. Adjust schedules by typing or using drag-and-drop functionality. Send alerts and reminders to teams through email or text.  

Pricing

License/Subscription Cost
  • Dependent on the type of subscription range you choose.
Installation/Implementation Cost
  • No setup fee
Training Cost
  • Self-service support is available online
  • Unlimited tech support is also provided
Recurring/Renewal Costs
  • Recurring costs depend on your level of subscription
Acumatica
Acumatica
Start Price
$4,000
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
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Why We Picked Acumatica

User reviews, coupled with our extensive research, confirm Acumatica’s reputation for flexibility and scalability. Still, certain features and overall performance have drawn mixed reviews.

First, the positives. A majority of user reviews highlight Acumatica’s functionality and its ease of use. Popular mentions include the quoting and billing, accounts location, and inventory management features. Other honorable mentions are the accounts payable and invoice routing tools.

Reviewers specifically mention that managing administrative functions is a breeze and accessible from anywhere. One user even mentioned that their business is retiring other legacy systems because Acumatica fulfills those needs by offering tools to manage various business functions on one platform with complete access to past data.

For those who swear by Excel, Acumatica offers a comforting bridge with its robust Excel integration. The export to Excel feature is available on every grid. No more tedious manual transfers.

However, drawbacks like the less-than-ideal calendar feature and tricky project management tools have been noted. Users say that project management, while capable of managing multiple projects at once, could have fewer steps.

The platform’s performance can be a hiccup. Multiple users experienced glitches, especially when dealing with large datasets or navigating through generic inquiries. The system also logs out after 60 minutes of idle time. Defining user inactivity timeout is only available for Acumatica 2023 R1 and beyond.

Beyond user reviews, our research team delved into the strengths and weaknesses of Acumatica. According to our research, it’s the best in the game for order and service management.

Acumatica's biggest differentiator lies in its open architecture and customization options. Unlike some competitors with limited customization or reliance on pre-built modules, Acumatica lets you tailor the platform to their specific workflows and processes.

The caveat is that molding the platform will take time and a great deal of expertise (either through internal IT or external support). Implementation will get drawn out, and expediting this process without proper alignment with your business needs will deter you from getting complete value for the amount you pay.

The timeline and pricing might not be suitable for smaller firms or startups. Some users also wished the private cloud perpetual (PCP) licensing model wasn't discontinued. We suggest looking for other options if you don’t want to pay a monthly recurring fee.

So, is Acumatica right for you?

Acumatica is a strong contender if your business demands a highly adaptable system and you're prepared to invest time and resources in customization. However, if you prioritize rapid implementation and lightning-fast performance, you might want to explore other options.

Pros & Cons

  • User-Friendly: While there were some mixed reviews concerning disjointed navigation and the need for in-depth end-user training, 75% of reviewers said that Acumatica is easy to use.
  • Reporting: Over 50% of users were in favor of Acumatica’s reporting. Those who were not in favor said that the reporting feature required IT assistance to generate specialized reports, as the custom report tool isn’t friendly for those without developer knowledge.
  • Customization: Nearly three-fourths of reviews that mentioned customization applauded the vast amount of opportunities for customization, while one-fourth of reviewers complained that users need IT assistance to complete customizations.
  • Functionality: Acumatica provides robust functionality — almost 82% of reviewers said the system came with every tool they needed and more. Reviewers also mentioned that yearly updates are rolled out, so functionality is always improving.
  • Integration: Of the users that mentioned integration in their review, 100% were satisfied with the connectivity to other systems.
  • Cloud-Based Scalability: Easily adapt to business growth by adding modules or users without data disruption or complex upgrades.
  • Seamless Integrations: Connect with various third-party tools and platforms through open APIs and connectors, streamlining data flow and operations.
  • Centralized Data: Consolidate all business information in one system, improving data accuracy, accessibility and reporting capabilities.
  • Mobile App Access: Manage key tasks and access data on the go with the mobile app, boosting productivity and flexibility.
  • Support: Almost 70% of reviews concerning support were negative, given that Acumatica requires users to partner with a third party for support. In addition, there were some grievances surrounding the “Help” documentation.
  • Implementation: Between long implementation cycles and a requirement for a VAR to implement the system, 75% of reviewers said that they weren’t happy with the process.
  • Higher Cost Than Basic Options: Initial investment and per-application pricing can be steeper than some basic accounting software, especially for smaller businesses.
  • Steeper Learning Curve for Complex Needs: Extensive customization and advanced features may require dedicated IT resources or consultant support, increasing implementation costs.
  • Limited Industry-Specific Features: May lack specialized modules or functionalities for highly regulated or niche industries.
  • Reporting Customization Restrictions: While customizable, financial reporting options might not offer the depth and drill-down capabilities of dedicated reporting tools.
  • Occasional System Bugs & Glitches: 80% of users who mentioned platform speed report occasional bugs and glitches, requiring troubleshooting and potential downtime.

Key Features

  • Financial Management: Manage accounting, budgeting, financial reporting and cash management on one platform. In addition to core functions like general ledgers, accounts receivables and payables, it offers automated bank reconciliations and multi-currency to support efficiency and global operations.
  • Distribution Management: Manage sales, inventory, and purchasing processes with one module. Top features include order management, inventory control and warehouse management. Its ability to handle complex inventory valuation methods and real-time inventory visibility sets it apart.
  • Order Management: Get better control over the entire order-to-cash process. From order entry and tracking to fulfillment and invoicing, it provides complete visibility and control.
  • Built-In CRM: Build and maintain strong customer relationships. Use sales force automation, marketing automation and customer service management tools to make every interaction meaningful. Integrated sales forecasting, lead scoring and customer lifecycle management drive sales growth and improve customer satisfaction.
  • Manufacturing: Get real-time visibility into shop floor activities. Create and manage multiple work centers. Manage everything from bills of materials (BOM) creation to work order management based on job dispatch lists.
  • Service Management: Use an extensive service management toolkit that includes service request creation, service contract management and installation management features. Enhance service delivery and improve technician productivity by offering a technical portal to start and end appointments.
  • Inventory Management: Capture key inventory details like class ID and item types. These support cycle routing with better visibility into stock levels. Build kits to stock with the option to disassemble kits into smaller components.
Sage Intacct
Sage Intacct
Start Price
$10,000
Annually
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked Sage Intacct

Sage Intacct user reviews paint a picture of a powerful, customizable accounting software ideal for mid-sized, growing businesses. Users praise its real-time reporting, cloud-based accessibility, and ability to handle complex financial structures. Compared to competitors, Intacct shines in scalability and customization, effortlessly adapting to multi-entity operations and unique accounting needs. This agility is crucial for dynamic businesses operating in diverse markets. However, its strengths come with caveats. Intacct's feature-rich nature can be daunting for beginners, requiring dedicated training and technical know-how. Additionally, its subscription-based pricing can be prohibitive for smaller companies or those with simpler accounting requirements. The limited mobile functionality and lack of built-in payroll are also shortcomings some users find frustrating. Overall, Sage Intacct earns its positive reviews by empowering businesses with robust functionalities and seamless scalability. However, its complexity and premium cost may leave smaller players or those needing basic accounting solutions searching for a more accessible, budget-friendly alternative.

Pros & Cons

  • Intuitive User Interface: Precisely 65% of users stated it has an intuitive and user-friendly interface with a manageable learning curve.
  • Configurable: Approximately 90% of users conveyed that the product is customizable to fit their organization's needs.
  • Competent Performance: The quality, scalability and overall performance are favorable to 94% of users.
  • An Assortment of Features: According to 54% of users, the product has a wide range of features including accounts payable and receivable, bank reconciliation, time tracking, 1099 forms and more.
  • Ideal Integrations: Merges with various third-party systems such as Salesforce, Nexonia, Expensify, Bill.com and more, as stated by 94% of users.
  • Dawdling Customer Support: Of the users who discussed customer support, roughly 64% said it was lagging in resources and took a long time to get in touch with them.
  • Lagging Search Tool: Approximately 45% of users said the search and reporting tools aren't as effective as some of the software's other idiosyncrasies.
  • High Cost: Subscription-based pricing, often exceeding the budgets of smaller businesses or those with simpler accounting needs.
  • Steep Learning Curve: Feature-rich interface can feel overwhelming for beginners, requiring initial training and time investment.
  • Limited Mobile Functionality: Mobile app lacks access to many core features, hindering on-the-go workflow for some users.
  • Customization Complexity: Advanced customization options often require technical expertise or paid consultations.
  • Integration Gaps: While offering major integrations, it may lack connections to specific niche software used by some businesses.
  • No Built-in Payroll: Requires integrating a separate payroll solution, adding complexity and additional costs.

Key Features

  • General Ledger: Contains pre-built dimensions such as customer, location, department, warehouse and class. It also allows users to add their own dimensions. Required dimension values can be inputted so that certain values are mandatory for entries to post to designated accounts. 
  • Accounts Payable: This feature lets users set spending limits and define workflows and approvals. Users can easily view AP liabilities as well as check and bill register reports in real time. Users can automate ACH, check and credit card payments through the Vendor Payment Services function, which is built on the American Express Global Commercial Services infrastructure. 
  • Accounts Receivable: The program enables customers to generate recurring invoices and to attach customer information to transactions. It integrates with other business processes to centralize sales orders, quotes and invoices. Configurable dashboards and other visualizations are included in this function and allow users to look at data points such as deferred revenue and customer aging. 
  • Purchasing: Allows users to analyze costs and monitor budget vs. actual information through dashboards and reporting tools. These dashboards are role-based for security and ease of access and also contain budget performance information, price break monitoring and purchase quote functionality. The feature gives users more control over the entirety of the procure-to-pay process. 
  • Order Management: Users can leverage point-and-click functionality to set up individualized workflows and pricing requirements in the order management system. The program can be easily connected to Salesforce CRM, which allows users to share order status and pricing data across a business and reduce duplicate data entry. The solution includes sales tax and regulatory compliance through integration with Avalara. Order fulfillment rates, inventory quantities and sales data can be viewed in real time through this feature. 
  • Cash Management: Includes a live view of funds and cash flows through all associated credit cards, savings accounts and checking accounts. The management of cash across multiple locations is also supported. The system enables the application of payments to accounts that aren’t associated with an invoice and the recording of POS payments that aren’t connected to a specific customer. 
  • Reporting and Dashboards: This program can track both financial and operational data such as SaaS metrics, machine availability, etc. The system also has the ability to discover trends, drill down to source transactions and look at roll-up figures for multiple locations or entities. The solution includes more than 150 financial reports along with the ability to develop customized reports based on business needs. 
  • Digital Board Book: Produces metrics such as Annual or Monthly Recurring Revenue (ARR or MRR), churn, Committed Monthly Recurring Revenue (CMRR), Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLTV). This analysis is conducted in real time using transactional data obtained from Sage Intacct and Salesforce. 
SINC
SINC
Start Price
$24.99
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked SINC

Let's sync up on what users are saying about SINC.

SINC receives praise for its user-friendly interface and intuitive design, making it easy for employees to clock in and out, request time off, and view their schedules. Its scheduling features are also a hit, allowing managers to create and modify schedules with ease, ensuring proper staff coverage. The mobile app is particularly popular, providing employees with convenient access to their schedules and time-off requests. However, some users report occasional glitches and syncing issues with the mobile app, as well as limitations in reporting and analytics capabilities.

Compared to competitors like Deputy and When I Work, SINC stands out for its affordability and ease of use, making it a great option for small and medium-sized businesses. Its scheduling features are on par with competitors, but its reporting and analytics capabilities may not be as robust.

SINC appears to be best suited for small to medium-sized businesses in industries such as retail, hospitality, and healthcare that require basic workforce management functionalities like scheduling and time tracking. Larger businesses or those with more complex needs may require a more comprehensive solution.

Pros & Cons

  • Centralized Hub: Streamlines workforce management by consolidating scheduling, time tracking, and communication tools into one platform, eliminating the need to juggle multiple systems.
  • Automated Scheduling: Simplifies the scheduling process by automating shift assignments based on employee availability, skills, and labor regulations, reducing manual effort and potential errors.
  • Real-Time Visibility: Provides real-time insights into labor costs, employee performance, and schedule adherence, enabling data-driven decision-making and proactive adjustments.
  • Employee Empowerment: Empowers employees with self-service tools to manage their schedules, swap shifts, and request time off, fostering greater autonomy and engagement.
  • Compliance Assurance: Helps ensure compliance with labor laws and regulations by automating time tracking, break management, and overtime calculations, mitigating legal risks.
  • Limited Functionality: SINC lacks some core features that are essential for many businesses, such as the ability to track employee time off, manage schedules, and generate reports. This can make it difficult to get a complete picture of employee productivity and can lead to compliance issues.
  • Usability Issues: Some users find the SINC interface to be clunky and difficult to use. This can lead to frustration and can make it difficult to get the most out of the software. The mobile app also has limitations, making it challenging for employees to access information or complete tasks on the go.
  • Customer Support: There have been reports of slow or unhelpful customer support from SINC. This can be a major problem for businesses that rely on the software to manage their workforce.

Key Features

  • Scheduling: Produce employee schedules by incorporating automated regulations. Assign employees to particular jobs from any device. 
  • Reports: Deliver job reports useful for employee performance, future business strategies and operations. 
  • Analytics: Gain complete insight into metrics like hours worked, productivity, time-off details via in-depth information and tabular datasets. Understand employee performance and business units better with comprehensive data. 
  • Tracking: Monitor time spent on tasks to offer compliant scheduling. Generate projections based on hours worked. 
  • Live Staff Location: View an employee’s current location directly from any device through a sophisticated location tracking tool. 
  • Generate Payroll Data: Supply real-time, detailed payroll data to evaluate job costs and pay periods and estimate gross payroll values. 
  • OSHA Safety Signs: Meet safety requirements and protect staff from job-related safety or health hazards with a free DIY safety system toolkit to maintain OSHA compliance. Review laws to combat loopholes in workplace safety compliances. 
FOUNDATION
FOUNDATION
Start Price
$500
Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked FOUNDATION

Foundation Software assists users in streamlining financial processes. Many reviewers were satisfied with the solution’s accounting functionalities. Several users noted, the product offers an easy-to-use interface that helps save time. Many observed that it’s hard to fix system crashes. They also criticized that the product didn’t function well on mobile devices. Overall, the software’s a good fit for companies needing help with accounting.

Pros & Cons

  • User-Friendly: The platform’s UI is simple and easy to use, according to 83% of users.
  • Accounting: According to 74% of users who reviewed this pro, the product’s accounting functionalities consisting of modules such as audit trails, general ledger and AIA billing helps speed up financial operations.
  • Customer Support: About 93% of users who mentioned this pro said the technical staff responds to issues in a timely manner.
  • Training: Regarding this feature, approximately 52% of users said the vendor offers detailed video tutorials.
  • Speed and Performance: It’s difficult to fix software glitches, according to 72% of users.
  • Reporting: According to 58% of users who reviewed this con, formatting issues can arise while exporting reports to Excel.
  • Functionalities: More than 80% of users who mentioned this con said the platform should offer advanced reporting, AR and AP capabilities.
  • Mobile Accessibility: Some of the modules such as payroll and time tracking, notes taking, and reporting don’t operate seamlessly on mobile devices, according to 90% of users.

Key Features

  • Project Budgeting: Import data from other construction estimating systems and break budgets into standard CSI divisions or custom cost codes. Compare project performances against estimated revenues, costs, quantities and labor hours. 
  • Job Tracking and Reporting: Track job costs using Microsoft-SQL-Server-powered reporting modules. Analyze project cash flows and WIP (work-in-progress) reports to help make informed business decisions. Receive automated notifications to avoid labor overshoots. 
  • Change Order Management: Update budget details after receiving approval and track change orders by status. Convert RFCs into change orders using project management modules. 
  • Auto Timecard Entry and Processing: Process multi-state, multi-trade and multi-union timecards to avoid reentering rates. Customize timecard screen layouts to track crucial data. Import data from other field logs and timekeeping apps. 
  • Payroll: Automatically calculate deductions or fringes based on overtime, regular or special rates. Create, print and email electronic payroll reports to federal, state or local agencies. Manage union payrolls and prevailing wages by creating rate tables. 
  • Project Management: Access job center to track documents such as RFIs, RFPs, field logs, submittals and more. Monitor project progress and receive alerts to avoid missing deadlines. 
  • Executive Dashboards: View current operations and accounting data from across the system in one location. Analyze reports to make strategic business decisions. Filter reporting by jobs, project types, project managers and more. 
  • Scheduling: Automatically create schedules from jobs. Analyze summary reports to identify resource requirements. Receive notifications to tackle scheduling conflicts. 
CMiC
CMiC
Start Price
$100
Per User, Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked CMiC

CMiC is a comprehensive construction management software that has garnered a range of user feedback over the past year. Users appreciate its robust functionality, particularly in areas like job costing, budgeting, and document management. The software's ability to handle complex projects with multiple phases and stakeholders is a significant advantage. CMiC's integration capabilities with other software platforms are also highlighted as a strength, allowing for seamless data flow and collaboration. However, some users find the interface to be complex and overwhelming, requiring extensive training and support. The learning curve can be steep, especially for those new to construction management software. Additionally, CMiC's pricing structure can be a barrier for smaller companies, as it is often considered an enterprise-level solution.

Compared to competitors like Procore and PlanGrid, CMiC offers a more comprehensive suite of features, covering the entire project lifecycle from preconstruction to closeout. Its strength lies in its ability to handle the financial aspects of construction projects, with advanced job costing and accounting tools. However, Procore and PlanGrid are often praised for their user-friendly interfaces and mobile accessibility, making them more suitable for field teams. Ultimately, CMiC is best suited for large construction companies with complex projects and dedicated IT resources to manage the software's implementation and ongoing support. Its comprehensive functionality and financial management capabilities make it a valuable tool for organizations that require a high level of control and visibility over their construction projects.

Pros & Cons

  • Customization: Nearly 79% of users who talk about customization mention that the software is flexible and can be customized to meet unique business requirements.
  • Overall Functionality: Approximately 80% of users who refer to the overall functionality of the software recommend it to get the job done.
  • Data Management: Efficient data management and analysis is a big advantage of the product, as noted by about 64% of users who mention the feature.
  • Reports: CMiC helps users track, analyze and course-correct various aspects of project management with in-depth and insightful reports - a feature lauded by more than 63% of users who talk about the reporting feature.
  • Project Management: 100% of the users who talk about the project management module concur that it has made their operations more efficient.
  • User Interface: Approximately 82% of users who mention the user interface note that the system is complicated and hard to navigate.
  • User-Friendliness: More than 84% of users who talk about user-friendliness as an important factor mention that the software is not easy to use.
  • Setup and Training: Nearly 100% of users who refer to setup and implementation note that training and onboarding support is lacking, making it difficult to adopt the software.
  • Glitches: Slow processing and frequent lags are detrimental to its usage, as pointed out by 100% of users who talk about issues and glitches.

Key Features

  • Bidding: Compare multiple bids side by side using bid leveling functionality. Automatically send invitations to bid to potential vendors. Enable bidders to download and view project documents with planroom management capabilities. 
  • Customer Relationship Management: Create sales opportunities and view crucial information such as linked contacts and tasks. Automatically perform duplication checks when creating new contacts to maintain data accuracy. 
  • Document Management: Securely store and manage all project-related documents, including drawings, specifications, submittals and RFIs, in a centralized database. 
    • Drawings: Automatically extract metadata such as titles, sheet numbers and trades. Compare drawing sheets and perform overlays for accurate revisions and insights. 
    • Specifications: Upload, review and manage specifications with ease using the web-based tool. Manage submittals seamlessly based on the provided specifications. 
    • Submittals: Ensure thorough submittal assessments with stakeholder-driven workflows. 
    • RFIs: Expedite information gathering by providing teams with instant access to relevant documents. 
  • Accounting: Manage finances for multiple companies and currencies. 
    • Accounts Payable: Automate invoice processing and payment approvals. Generate detailed reports on vendor activity and spending. 
    • Accounts Receivable: Manage customer invoicing, payment collection and credit limits. Reconcile client payments and apply them to the corresponding invoices for accurate AR records. 
    • General Ledger: Generate financial statements, perform cash flow analyses and produce custom reports with just a few clicks. Maintain a complete audit trail of financial activities to ensure regulatory compliance. 
    • Cost Management: Track labor, material and equipment costs using job costing tools. Issue subcontracts directly from the system. 
    • Financial Management: Identify over/underbilled jobs with WIP reports. Create and manage project budgets, comparing actual costs against budgeted amounts. 
  • Human Resources and Payroll: Simplify workforce management, empower team members and gain valuable insights. 
    • Workforce Management: Manage the entire recruitment process, from attracting candidates to onboarding new hires. Administer and manage employee compensation and benefits plans. 
    • Employee Self-Service: Enable employees to access and download pay stubs and W2s electronically. Allow staff to access information about their benefits plans, such as health, dental and vision insurance. 
    • Payroll: Process payroll accurately and timely, including deductions and taxes. Support various pay frequencies, such as weekly, bi-weekly and monthly. Pay employees with direct deposit. 
    • Crew Time: Encourage employees to track work hours and submit timesheets directly from mobile devices. Monitor and manage employee overtime to ensure compliance with labor laws. 
  • Inventory Management: Set low-stock alerts to prevent stockouts and delays in project execution. 
    • Inventory Tracking: Capture and create lot and serial numbers to track inventory levels in real time. 
    • Replenishment: Assemble kits of commonly used materials for faster and easier issuance. Determine order quantities, reorder points and forecast models to calculate replenishment. 
    • Inventory Valuation: Evaluate inventory using standard, average, specific (actual) and first-in-first-out (FIFO) costing methods. 
  • Mobile Capabilities: Access critical information and project-related materials from anywhere, at any time. 
  • Project Management: Set realistic timelines and dependencies to ensure on-time project completion. Produce change orders from RFIs. Manage subcontractor relationships efficiently. Conduct inspections and track corrective actions. 
  • Reporting & Dashboards: Create personalized dashboards to track key project metrics. Compare project performance against industry benchmarks. 

Corecon
Corecon
Start Price
$25
Per User, Monthly
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked Corecon

Corecon is easy to use and has a powerful set of features to handle construction management projects. Exporting and importing data from other tools like Sage/Timberline is easy. Users are pleased with its reporting feature as they allow them to edit reports. It gives users access to databases to create reports. QuickBooks integration isn’t seamless for some users and may get buggy. Users say that it may be fit for a small number of large projects. All the information about client billing and subcontractor work is available in one place. The support team is reasonably helpful.

Pros & Cons

  • User Friendly: The system is intuitive and accessible, as noted by approximately 85% of users who mentioned its usability.
  • Functionality: It offers a robust suite of successful construction project management tools, as reported by 83% of the users who mentioned the product’s functionality.
  • Integration: Nearly 66% of the users who mentioned its integration capabilities are satisfied with them. Users say that integration with Planswift and QuickBooks is robust.
  • Interface: Nearly 75% of the users who mention its interface do not find it easy to navigate.
  • Learning Curve: It has a steep learning curve, as mentioned by 100% of the users who talked about its learning curve.

Key Features

  • Accounting Integrations: Integrate with QuickBooks, Sage 50, SAP Business One and Xero. 
  • Estimating: Create estimates with up to a four-tier breakdown and markups available at every level. 
    • Contact Management: Create and search contacts off-site through internet-enabled devices. Sync existing contact databases with Outlook. Receive alerts when licenses or insurances are close to expiration. 
    • Lead Tracking and Analytics: Track and analyze leads using dashboards. Create classification structures for leads to organize opportunities as per business needs. Set up awarded projects and eliminate duplicate data entries using the lead-to-project wizard. 
    • Drawings and Specifications: Share drawings and specifications through the team link portal. Add notes to images, documents and blueprints using document viewer. 
  • Utilities: Transfer the existing accounting system’s financials using a simple sync tool to help cut down on manual data re-entry. 
  • Project Management: Manage all aspects of a project to help streamline daily business processes. 
    • Scheduling: Import schedules from Excel or Microsoft Project. Assign tasks to workers and review timelines to keep projects on track using calendar functionality. 
    • Quality Control and Safety: Create checklists to conduct quality checks. Document and distribute inspection reports using punch lists. 
    • Correspondence and Documentation: Store journals, issues, RFIs, submittals and transmittals in an accessible location. Share data securely with internal and external team members. 
  • Mobile Interface: Enter and view data on the go. Handle daily logs, task updates, timecards and expenses off-site. 
  • Job Costing: Access financial documents anytime to help make quick and informed business decisions. 
    • Procurement: Automatically copy RFP packages and estimate items to purchase orders or subcontracts. Manage procurement requirements of suppliers and subcontractors. 
    • Timecards: Allow workers to clock in and out with geotagging. 
    • Financial Analytics: Manage multiple project budgets using financial dashboards. 
Sage 300 Construction
Sage 300 Construction
Start Price
$6,600
Annually
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Why We Picked Sage 300 Construction

Sage 300 CRE is a cloud-based platform that helps small and medium-sized businesses enhance their construction accounting solutions. It is a straightforward and easily deployable system, but its user interface is clunky and requires an update. It offers comprehensive integration capabilities with third-party applications for carrying out seamless operations. It provides custom reporting options and has responsive customer service. Many reviewers have noted that minimal training resources, slow performance while processing data and difficult navigation throughout the system can affect the customer experience.

Pros & Cons

  • Easy to Use: It is user-friendly, straightforward and easy to deploy, as noted by 57% of reviewers who mention ease of use.
  • Custom Reporting: It offers custom and detailed reporting options, as observed by 83% of the users who refer to reporting.
  • Integration: All the reviewers who specified integration report that it provides comprehensive integration capabilities with third-party applications.
  • Customer Service: It has responsive and useful customer support, as stated by 67% of the users referring to customer service.
  • Slow Performance: It can slow down while processing data, as noted by 100% of reviewers who mention performance.
  • Navigation: It is difficult to navigate through various tools and features in the system, as observed by 50% of the users who refer to navigation.
  • Training: Around 75% of reviewers who specified training note that training resources are minimal.
  • User Interface: Its user interface is clunky and requires an update, as stated by all reviewers mentioning interface.

Key Features

  • Risk Management: Mitigate risk and liability with defined risk management processes. Setting rigid risk limitations boosts client confidence and protects job sites from possible issues. Certified reports and insurance certificates raise safety and compliance standards on the job site. 
  • Document Management: Paperless Construction solves older analog document storage methods by digitizing important paperwork and keeping it organized. Reduces risk by providing a clear audit trail. Keeps track of lease agreements, RFI’s and important drawings. 
  • Real Estate Management: Manage multiple properties with static lease documents that can provide a wide array of informative data. Improve communication with clients and leverage agile leasing options to get the most out of properties. 
  • Project Management: Identify problems with the current project before they become highly destructive issues. The Sage Construction Project Center provides a centralized location where all project team members can collaborate on any part of the operation from anywhere. 
  • Assembly Databases: A complex assembly database can be used in conjunction with Sage Estimator to help project owners make the best bid. These complex databases show all important bid data from labor and equipment to overhead costs. 

COMPARE THE BEST Foundation Accounting Software

Select up to 2 Products from the list below to compare

 
Product
Score
i
SelectHub’s Analyst Rating is based on data from our 400+ point analysis of Foundation Accounting Software, user reviews, and our own crowd-sourced data from our free software selection platform. Scores are periodically updated via ongoing selection projects and user activity within our platform.
Start Price
Free Trial
Company Size
Deployment
Platform
Logo
Procore
$375
Monthly
Yes
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Procore
Buildertrend
$99
Monthly
No
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Buildertrend
CoConstruct
$499
Monthly
No
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
CoConstruct
Acumatica
$4,000
Monthly
Yes
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Acumatica
Sage Intacct
$10,000
Annually
Yes
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Sage Intacct
SINC
$24.99
Monthly
Yes
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
SINC
FOUNDATION
$500
Monthly
No
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
FOUNDATION
CMiC
$100
Per User, Monthly
No
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
CMiC
Corecon
$25
Per User, Monthly
Yes
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Corecon
Sage 300 Construction
$6,600
Annually
No
Small Medium Large
Cloud On-Premise
Mac Windows Linux Chromebook Android
Sage 300 Construction

All Foundation Accounting Software (19 found)

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Procore

by Procore Technologies
Procore
Designed for projects of all sizes, Procore aims to streamline communication, track finances and resources and handle projects from planning to delivery. Real-time data accessibility gives users actionable insights from a centralized dashboard. Users can leverage hundreds of integrations to boost efficiency. It allows construction firms, contractors, architects and engineers to share data in the field, edit designs and provide up-to-date reports of a project’s life cycle. Manage multiple construction projects efficiently. Businesses can create and manage construction project schedules and filter information according to summary tasks and resources. Its product portfolio supports project management, quality and safety measures, construction finances and field productivity. Pros Centralized data communication Easy mobile access field updates Improved collaboration transparency Streamlined workflows approvals Robust reporting analytics tools Cons Steeper learning curve complexity Higher cost compared to some options Limited customization for specific needs Potential for data silos redundancy Integration challenges with other software
User Sentiment User satisfaction level icon: great
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
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Buildertrend

by Buildertrend
Buildertrend
Buildertrend is a construction ERP that streamlines business practices and assists builders, contractors and clients. Leverage bid requests, email marketing and leads in one centralized pre-sales process module. Initiates budgets, invoices, lien waivers and time clocks. Maintain various activities in daily logs, to-do lists, schedules and messages. It’s also available as a mobile app for iOS and Android devices. Master project management, client relationship management, financial management, estimates and change orders are some notable features.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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CoConstruct

by CoConstruct
CoConstruct
CoConstruct is a management system focused on remodeling and custom home building. It streamlines complex management processes, including financial and project management. It puts communication at the forefront to keep clients happy and construction teams working smoothly. It simplifies sifting through changing construction schedules and missed deadlines while offering predictability to building routines.Construction or remodeling projects are kept on track while accounting practices are streamlined. It integrates with several third-party packages like QuickBooks to keep things simple and comfortable for project leaders. It supports small- to medium-sized operations.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
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Acumatica

by Acumatica
Acumatica
Acumatica is cloud-based enterprise resource planning (ERP) software. It handles core business processes like financials, manufacturing, payroll, service management, order management and customer relationship management (CRM) for medium-sized companies and large enterprises.A standout feature is its open architecture, making it easy to customize and connect to existing apps. Data security functions include multi-factor authorization (MFA) and IP access restrictions.Recent reviews are positive about its user-friendly interface, scalability and functionality. While costing more than some basic ERP software, Acumatica offers robust features like project management, advanced reporting and inventory control, making it a good choice for growing businesses seeking to centralize and automate operations.Compared to its competitors, users appreciate its flexibility and accessibility. However, its extensive customization options is a double-edged sword, requiring developer knowledge for complex modifications and integrations. While Acumatica's breadth of functionality is impressive, it can present a steeper learning curve for users new to the platform.Acumatica offers a subscription-based model based on depth of functionality. This pricing structure allows unlimited user access to the system. The final price depends on added modules, consumption levels (including storage and transaction volumes) and licensing costs.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$1,000 or more
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Sage Intacct

by Sage Intacct
Sage Intacct
Sage Intacct is a cloud-based accounting software designed for growing businesses with complex needs. It centralizes financial data, automates tasks, and offers real-time insights, streamlining financial operations. Ideal for mid-sized organizations with multi-entity structures and diverse accounting requirements, Intacct scales with your growth and seamlessly integrates with other business systems. Users praise its intuitive interface, customizable dashboards, and robust reporting capabilities. Automation features like purchase order approvals and multi-currency transactions save time and reduce errors. Additionally, Intacct's strong security and compliance features provide peace of mind. While pricing varies based on individual needs and usage, Intacct typically falls within the mid-range for enterprise-level accounting software. Costs are subscription-based, with monthly or annual payment options. Compared to similar products, Intacct users highlight its scalability, flexibility, and user-friendliness as key differentiators.To learn more about Sage, visit our Sage company page. Pros Cloud-based scalable Automates tasks saves time Real-time insights reporting Flexible customizable Strong security compliance Cons Higher cost than basic software Steeper learning curve Limited mobile functionality Customization can be complex Fewer integrations than some competitors
User Sentiment User satisfaction level icon: great
Cost Breakdown
$1,000 or more
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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SINC

by SINC BUSINESS
SINC
SINC is a real-time labor management software that enables businesses to establish projects, schedule staff, assign tasks, track feedback and engage with on-site teams. Organizations can leverage their cost accounting capabilities to see gross payroll expenses, pay cycles, pricing codes and cost trends across multiple businesses. It includes a project notes attribute that allows all workforce members to contribute text notes or photographs to team projects or individual tasks. Administrators may design built-in templates for recurring activities like site cleanup, assign pre-shift tasks, monitor pending or completed tasks, and use customized maps to track staff. Additionally, employees get automated push notifications.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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FOUNDATION

by Foundation Software
FOUNDATION
Foundation Software is a platform focused on construction accounting that serves companies of all sizes. It contains a number of other helpful modules like project oversight, scheduling tools, executive dashboards, service dispatch and more. It is available with both on-premise and cloud-based deployment options. Service Dispatch and FOUNDATION Mobile apps help keep teams in the field or the office connected. Leverage hundreds of automatic job costing and customizable reports to set up workflows that complement your business. Cut down on errors and tackle all of your accounting challenges with its financial inclusions. Its contractor scheduling adjusts timelines, critical paths and non-working days while maintaining accurate timelines.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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CMiC

by CMiC, Inc.
CMiC
CMiC is an end-to-end solution for both large and small projects. With seamless integrations, it automates tasks, offers on-premise and cloud deployment, and addresses aspects like budgeting, forecasting, change orders, bidding, procurement, document management and business intelligence. It facilitates resource planning with dynamic timelines, ensuring updated and accurate information to keep projects on schedule and within budget. To learn more about CMiC, visit their company profile.
User Sentiment User satisfaction level icon: good
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Corecon

by Corecon Technologies
Corecon
Corecon is a fully integrated cloud-based platform that focuses on organizing and streamlining tasks such as estimating, project oversight, job costing and more. Additional modules help users handle lead tracking, bid management and communication with the inclusion of the TeamLink Portal. It helps estimators track and manage opportunities through dashboards. Connect internal and external users with mobile flexibility and browser-based access.
User Sentiment User satisfaction level icon: good
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Sage 300 Construction

by Sage Group
Sage 300 Construction
Sage 300 is a construction and real estate focused software solution with project-wide organizational capabilities. Its cloud-based integration connects all points of a construction project to an easily accessible location. It helps project managers control and view the entirety of a project’s lifecycle. It streamlines and organizes accounting processes and is suited for operations of all sizes. Multiple accounting modules let project owners tackle financial tasks in a comfortable way, cutting down on process time. It pairs well with several industries ranging from general contracting to homebuilding and residential remodeling.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$1,000 or more
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Sage 100 Contractor

by Sage Group
Sage 100 Contractor
Sage 100 Contractor, designed for contractors, provides visibility into all the aspects of business like estimating, accounting and service and project management. It helps contractors stay in contact with subcontractors and crews using focused task lists and automatic schedule notifications. It assists with tracking the status of purchase orders, change orders, invoices and balances, facilitating better decision-making. It helps identify and prevent issues before they impact profitability. It notifies users about overtime hours, unbilled change orders and unexpected material costs.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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PASKR

by PASKR
PASKR
Paskr is a cloud-based, all-in-one solution focused on simplifying, standardizing and automating projects. It is mobile, collaborative and supports the entire lifecycle of a project. Users can gain visibility and boost efficiency by tracking every step of a project and streamlining communication between office and field team members. It includes CRM support, bid management, estimating, change orders, billing support and more. It helps share access to critical project information with teams, stakeholders, engineers and more using version control options. It also manages overall construction project portfolios by maintaining stakeholder, supplier and departmental schedules while ensuring that deadlines are met.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Projectmates

by Systemates
Projectmates
Projectmates is a management software solution focused on capital construction operations. It helps save time on projects through the automation of resource-consuming processes. It brings communication to the forefront with modules that promote team collaboration. Generate and analyze reports to predict trends and resolve issues. Customize project workflows to save time and focus on important tasks. Take control of complex tasks like bidding, planning and maintenance with its available offerings. It offers capabilities like schedule management, field reports, cost tracking and punch lists for construction projects.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$1,000 or more
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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QuickBooks for Construction

by Intuit
QuickBooks for Construction
QuickBooks for Construction by Intuit is a cloud-based accounting tool for small businesses and first-time contractors. It lets users handle and streamline their finances with the online or licensed versions while giving access to employee, vendor and customer information. Single user contractors can track and import transactions, accept and invoice payment and generate basic reports like cash flows and P Ls. Users can manage job costs, track expenses and time for every project and generate job cost reports. It automates accounting tasks and syncs data, reducing paperwork. It lets users manage contractors and subcontractors, organize expenses and income in categories and export and share documents for tax evaluations.
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
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UDA ConstructionSuite

by UDA Technologies
UDA ConstructionSuite
UDA ConstructionSuite is a comprehensive software solution designed to streamline construction management tasks. It is particularly well-suited for construction professionals, including contractors, project managers, and builders, who require robust tools to manage projects efficiently. The software excels in offering features such as project scheduling, estimating, and document management, which are crucial for maintaining project timelines and budgets. One of the significant benefits of UDA ConstructionSuite is its ability to integrate various aspects of construction management into a single platform, enhancing productivity and reducing the likelihood of errors. Users appreciate its intuitive interface and the depth of its project management capabilities, which help in tracking progress and ensuring compliance with project specifications. In terms of pricing, UDA ConstructionSuite offers flexible options, typically based on the number of users and the specific features required, with payments often structured on an annual basis. Compared to similar products, users frequently highlight its comprehensive feature set and ease of use, making it a preferred choice for those seeking an all-in-one construction management solution.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Penta Construction

by Penta Technologies
Penta Construction
Penta Technologies is a construction accounting and operations tool that incorporates industry best practices by providing standardized processes. It is available for commercial and industrial contracting, field service and engineering firms. It brings accounting and project management together. It simplifies inter multi-company management and makes collecting field data easier. It also provides daily analytics to decision makers. It is also available on mobile for more efficient and flexible field data collection. It has cloud hosting capabilities, which gives teams the ability to access data on their devices. Users also benefit from 24/7 data security features.
User Sentiment User satisfaction level icon: good
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Jonas Premier

by Jonas Software
Jonas Premier
Jonas Premier is a cloud-based software designed to meet the needs of general and specialty contractors, home builders and land developers to help streamline and optimize business processes. Contractors can generate reports to develop strategic plans. Monitor project statuses off-site using mobile devices.It allows subcontractors to sign documents electronically. Accounting modules helps reduce costly errors. Project managers can access dashboards to gain a detailed overview of projects’ progress.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$100 - $500
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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JOBPOWER

by Applied Computer Systems
JOBPOWER
JOBPOWER is an accounting and document management based platform that is suited for businesses of all sizes. This system contains features focused on a variety of construction industries as well as subcontractors, home builders and contractors. Users can leverage this application to stay on top of project costs while maintaining secure and organized documentation. This solution is available on all platforms and is deployable as an on-premise or cloud-based system and provides many helpful integrations with other accounting programs. Users can cut project costs and improve their bottom line with this accounting focused application.
User Sentiment User satisfaction level icon: great
Cost Breakdown
$1,000 or more
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Sage 100 Cloud

by Sage Group
Sage 100 Cloud
Sage 100cloud is a cloud manufacturing ERP that extends security and compliance to its users. It's scalable and is equipped with configurable settings that meet varying business requirements. Production management, tailored scripting, inventory requirements planning and analytics just a handful of Sage 100cloud's fundamental accessories.
User Sentiment User satisfaction level icon: good
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android
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Buyer's Guide

Foundation Accounting Software Is All About Completing Projects Within Budget and Maintaining Regulatory Compliance

By Riya Jamble, Technical Content Writer at SelectHub

Foundation Accounting Software BG Intro

As a foundation or concrete contractor or company owner, your responsibilities entail much more than just installing the foundation. You have to determine the correct resources, estimate job costs and compensate workers fairly. Foundation accounting software can help you perform these tasks quickly.

If you’ve outgrown your current construction accounting solution, or you’re scouting for a better way to manage your financial workflows, you’re at the right place!

In this buyer’s guide, we’ll cover the benefits and features of foundation accounting software to help you select the right solution.

Executive Summary

  • Foundation accounting software helps concrete and foundation contractors, subs, and business owners automate their financial workflows and complete projects within budget.
  • Key foundation accounting software features include payroll management, job costing, reporting and billing.
  • Prepare a list of questions to ask vendors before making a buying decision.
What This Guide Covers:

What Is Foundation Accounting Software?

Foundation accounting software is a digital solution that helps concrete contractors, subs, project managers and estimators track job costs, generate accurate quotes, manage field operations and process payrolls.

They integrate with third-party accounting systems like QuickBooks for Construction, Procore and Buildertrend to assist you in maintaining data consistency.

They also integrate with platforms other than accounting, like:

Reporting modules and dashboards enable you to evaluate your company’s financial and operational performance.

Now that you have an idea about what foundation accounting systems are, let’s see how these solutions can benefit your organization.

Primary Benefits

Foundation accounting solutions help you increase productivity, calculate precise project costs, remain compliant and gain real-time data visibility. We’ve elaborated on these benefits below.

Foundation Accounting Software Benefits

Foundation Accounting Software Categories
  • Construction Accounting
  • Construction Bidding
  • Construction ERP
  • Construction Estimating
  • Construction Management
  • Construction Scheduling
  • Contractor
  • Electrical Contractor
  • Electrical Estimating
  • Home Builder
  • HVAC Estimating
  • Insulation Estimating
  • Job Costing
  • Plumbing Estimating
  • Real Estate Development
  • Remodeling Estimating
  • Residential Construction Estimating
  • Roofing
  • Solar
  • Subcontractor Software
  • Takeoff Software

    • Streamline Workflows

    Relying on manual processes can cause errors and project delays. Automating your workflows can help you minimize data-entry mistakes and reduce labor costs. There are other benefits of business process automation. You can potentially:

    • Increase accountability
    • Ensure data security
    • Save costs
    • Boost efficiency

    Foundation accounting solutions enable you to automate repetitive tasks, saving time and helping your employees focus on high-impact activities. They notify you when your projects are likely to go off budget, aiding you in preventing cost overruns.

    They enable you to store unlimited files in a central hub, eliminating the need to scour through piles of physical documents to find the required information.

    Determine Accurate Job Costs

    Calculating project expenses using traditional methods is error-prone. Digital solutions provide job costing functionalities to help you determine the correct material, labor, equipment and overhead expenses.

    You can access a historical database to analyze past data to predict future job costs. You can integrate with estimating applications to generate precise quotes.

    Stay Compliant

    Filing taxes incorrectly or committing tax fraud can have severe consequences. That’s why it’s important to pay attention when filing returns because even a small mistake could jeopardize your business.

    In October 2022, a federal court charged a New Jersey construction company operator with tax evasion, false tax filing and bankruptcy fraud. The owner will face a maximum sentence of 3–5 years in prison and monetary and restitution penalties if convicted.

    Some foundation accounting systems enable you to compute taxes correctly, helping you comply with federal tax guidelines. They enable your certified accountants to access financial records to help you keep your books balanced.

    These solutions provide payroll processing functionalities to aid you in maintaining compliance with:

    Some applications help you issue and send W-2 forms to employees and the Internal Revenue Service (IRS).

    Make Informed Decisions

    Online construction applications enable you to generate job cost, aging, general ledger, accounts payable and receivable, cash flow statement, and work-in-progress reports.

    You can access an accounting dashboard to monitor your company’s financial activities. Such reports provide deeper insight into your financial standing in a concise, actionable format to help you make valuable business decisions.

    Key Features & Functionality

    Job Costing Tools

    With job costing tools in foundation accounting solutions, you can compare actual expenses against estimated project costs to prevent budget overshoots.

    You can drill down into a job cost item to view its type and CSI division code.

    Project managers and your accounting team can leverage forecasting modules to uncover unanticipated expenses and request internal budget transfers.
    Payroll Capabilities

    Payroll modules provide you the tools to process employee compensation while automatically updating your ledgers with that data.

    Import timesheet data from your existing time and attendance apps to provide fair compensation to workers.

    Calculate fringe reductions based on hourly, regular or overtime rates.

    Automatically send payday emails to workers to help them access their payment details.
    CPA Tools

    Some apps allow certified accountants to log G/L journal entries, while others enable them to maintain general ledgers.

    Certified accountants can create new G/L journals using CPA modules. They can produce and export financial reports in PDF, XLS or CSV formats with just a few clicks.
    Mobile Apps

    Mobile app functionalities help you manage projects from remote locations using internet-enabled devices.

    They allow you to access daily logs, generate cost and quantity estimates, request and approve purchase orders, view dispatch details, and produce pay stubs within minutes.
    Accounts Payable

    Accounts payable tools enable you to modify, approve and reject invoices in real time.

    They assist you in correcting data-entry errors with just a single click.

    Audit trail functionality allows you to store checks and statements to help you analyze payment trends.
    Accounts Receivable

    Accounts receivable modules aid you in producing bills in AIA format. Auto-create recurring invoices to save time.

    They enable clients to make online payments via debit/credit cards or digital wallets.
    Reporting

    These solutions enable you to access pre-built, customizable templates to help you save time and achieve consistency across all projects.

    You can create and save templates according to your reporting needs.

    You can drag and drop job cost data to reports. Furthermore, you can add drill-down links to sections to view detailed information.
    Billing

    You can produce unit price, time and material, and cost-plus bills using foundation accounting systems.

    Software Comparison Strategy

    Because there are several accounting solutions on the market providing similar capabilities, it becomes difficult to select the one that’s best for your company.

    Start by listing your company requirements. Do you need a scalable system? How many user licenses will you need? Do you need the platform to integrate with your current apps?

    If you already use a solution, you should determine where it falls short and how a new application will address those shortcomings.

    There are a lot of accounting systems on the market. And you might choose a general bookkeeping tool instead of an accounting app that supports foundation/concrete businesses.

    You should always ask vendors whether or not their solutions serve your specialty.

    You should ask providers if they offer demos or trials. This helps you check how easy it is to navigate their platforms to avoid a long learning curve.

    We can’t stress enough how important it is to research your shortlisted vendors thoroughly. You can refer to industry guides and check online reviews.

    You can also contact construction professionals currently using the system to gather honest feedback.

    Still confused about where to begin? Check out our Lean Selection process to choose your perfect software match.

    Cost & Pricing Considerations

    Revelio costs! Ah, spells don’t work in reality. Good news! We can help you uncover hidden software prices without magic.

    To help you invest in a cost-effective solution, we’ve outlined a few pricing considerations below.

    Deployment

    Deployment is one of the most significant factors that can impact your budget. Generally, cloud products cost less compared to on-premise solutions. However, they can be expensive in the long run.

    Most vendors providing cloud applications employ subscription-based (annual/monthly) or per-user pricing models.

    Some providers also offer per-active user pricing where they charge you based on the number of active users — you can enroll as many users as you want, but vendors will only bill you for the ones actively using their solutions.

    On the other hand, vendors providing on-premise solutions offer you a one-time payment facility. This lets you access the software indefinitely.

    If you’re thinking of choosing an on-premise product, you might have to invest in external storage systems and other hardware and hire an IT team to maintain the platform, making it a costlier option.

    But if you can handle the initial expenses, you might be able to save money, ultimately.

    Customizations

    Some vendors enable you to request extra features. But be careful, as these add-ons can come at an additional cost.

    Training

    Most providers offer on-site, online and hybrid training. Some let you access product guides and video tutorials. Others offer supplementary courses to help you implement their solutions in the best way possible.

    You should ask vendors the cost associated with acquiring such training resources.

    Support

    Several vendors offer phone, email and live chat support. Some enable you to submit tickets via a support portal. Others provide a dedicated account manager to resolve your issues. But you might have to pay extra to access some of these support options.

    The Most Popular Foundation Accounting Software

    Now that you have an idea of what foundation accounting systems can offer, how do you select the right one? Check out some of the most popular estimating products curated by our analysts below.

    Note: The solutions below may or may not fully cater to the accounting needs of concrete/foundation businesses. However, they do provide basic construction estimating and job costing capabilities.

    HeavyBid

    HeavyBid, developed by HCCS, provides estimating and bidding functionalities that help contractors, subs, workers, estimators and project managers build accurate estimates, generate professional proposals and monitor project progress.

    It integrates with Primavera P6 and Microsoft Project to assist you in planning and managing jobs in real time. It also integrates with accounting tools and payroll processing applications to help you save time and reduce double-entry mistakes.

    HeavyBid

    View estimate details with HeavyBid. Source

    B2W Software

    B2W Software provides unified construction management tools, estimating, bidding, scheduling and equipment management capabilities for heavy civil and specialty construction contractors.

    It seamlessly integrates with enterprise accounting systems to help you remain compliant with local, federal and state tax regulations.

    Reporting modules enable you to generate job costing reports to gain insights about your company’s expenses.

    B2W Software

    Produce costing reports with B2W Software. Source

    The EDGE

    The EDGE, by the Estimating Edge, provides takeoff tools and estimating modules to help specialty trades produce change orders, generate precise quotes, perform quick takeoffs and determine workforce requirements.

    It enables you to conduct what-if analyses to compare different bid scenarios to aid you in submitting winning proposals to clients.

    The EDGE

    Conduct what-if analyses with The EDGE. Source

     

     

    Questions To Ask

    Before approaching vendors, it’s important to determine your company’s requirements. Use these guiding questions to better understand your needs:

    • What problems will the solution help me solve?
    • What’s our budget?
    • What features do we require?
    • Do we have the technical resources to implement the new system?
    • Should we invest in an on-premise product or a cloud-based tool?

    Foundation Accounting Software Key Questions

    Once you’ve identified your needs, you can use these questions to learn more about the software and vendors:

    • How many years of experience do you have in my industry?
    • What’re the available support options?
    • Does the solution provide integrative capabilities?
    • Is the system user-friendly?
    • How do you handle updates?

    Next Steps

    If you want to simplify job cost processes, boost revenue, remain compliant and make data-driven decisions, foundation accounting software is your best bet.

    Ready to get started? Check out our comparison report to gain insight into top software leaders.

    Need more help? Please don’t hesitate to reach out to us via email or phone mentioned on our website. May the best software win!

    Product Comparisons

    Additional Resources

    About The Contributors

    The following expert team members are responsible for creating, reviewing, and fact checking the accuracy of this content.

    Divya
    By Divya Dugar
    Technical Content Writer
    Divya Dugar is a Marketing Analyst at SelectHub. At SelectHub, she writes for three software categories: Marketing Automation, EHR and Construction. She also designs and executes email marketing nurtures and campaigns. An avid reader, she graduated as an English major from Presidency College, Calcutta. She enjoys painting, creative writing and boxing. She geeks out on Robert Greene, Tom Bilyeu and Joe Rogan.
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    Hunter
    Edited By Hunter Lowe
    Content Editor
    Hunter Lowe is a Content Editor, Writer and Market Analyst at SelectHub. His team covers categories that range from ERP and business intelligence to transportation and supply chain management. Hunter is an avid reader and Dungeons and Dragons addict who studied English and Creative Writing through college. In his free time, you'll likely find him devising new dungeons for his players to explore, checking out the latest video games, writing his next horror story or running around with his daughter.
    See Full Bio