Our software programs cover all aspects of commercial construction accounting tasks, including Jobsite and office operations, financial reporting, job costing, and more. Software for Commercial Construction is our best seller.
Whether you’re looking for accounting software that will keep track of your company’s financials or you want to see how to utilize accounting software to its full potential, accounting software for construction companies is one tool that every construction company should have.
In this article, we’re going to analyze the top best accounting softwares for construction companies and show you how they can help your small business dominate the marketplace.
BuildSmart
BuildSmart is a fully integrated, web-based, enterprise management system providing industry aligned information to construction companies. It integrates Costing, Project and Enterprise accounting for real-time analysis and effective project management. BuildSmart includes various modules comprising of Procurement, Accounting, Payroll, Plant, Yard & Store Management, Subcontract Management, Business Intelligence, HR and Time & Attendance.
ProContractor by Viewpoint
ProContractor by Viewpoint is a fully integrated construction software with a strong accounting tool. Included accounting features include construction-specific payroll such as union and certified reports, a general ledger, and accounts payable and accounts receivable. The cloud-based approach provides a worry-free IT experience, and the scalable approach lets you purchase the project accounting applications on it’s own, and add on additional features such as project management and estimating (if needed).
This construction ERP solution is scalable, highly configurable, and fully integrated to manage your operations, improve your productivity, and enable better decision making. The solution can help reduce the accounting burden on your staff, meaning they can become more efficient in other areas of your business. Since the solution seamlessly integrates project management, accounting, and operations, ViewpointOne is one of the most complete construction accounting solutions available.
ComputerEase
ComputerEase is another software with a long history of success in a wide range of construction trades. It offers a fully integrated construction management suite with accounting, project and service management applications. Job costing, materials management, equipment management and prevailing wage reports are all included in their accounting system.
Sage 100 Contractor
Sage 100 Contractor is a popular choice for small to mid-size contractors. The integrated solution offers management and accounting tools to meet your estimating, scheduling, project management, equipment management, and payroll needs.
Many users of Peachtree or Sage 50c have switched to Sage 100 Contractor due to it’s industry focus and ability to provide improved job costing and estimating. Sage 100 Contractor also has a large network of dedicated providers who specialize in implementing the software into specific facets of contracting, such as plumbing, electrical work, and more.
Buildertrend
Instead of having its own accounting software, Buildertrend integrates with your QuickBooks or Xero account. While both of these accounting programs will track costs by project, adding Buildertrend can take your business to the next level by combining great cost accounting with management features. For instance, you can communicate with project managers, schedule crews, and provide real-time cost reports to help your managers stay on budget. Crew members can save your office staff time by clocking themselves in and out on their mobile devices, which also gives you peace of mind by tracking their location while on the clock.
Buildertrend Pricing
Buildertrend does not fully disclose its pricing on the website, but you can start using Buildertrend for only $99 per month for three months.
- Buildertrend Core: $99 per month for the first three months
- Buildertrend Pro: $299 per month for the first three months
- Includes warranty tracking, customer surveys, bid management, and change orders
Procore
Procore construction software manages your construction projects, resources and financials from planning to closeout. The platform connects every project contributor to solutions built specifically for the industry for the owner, the general contractor and the specialty contractor. The ability to communicate across teams makes it easier to work together by establishing a single source of truth. This is how Procore gives your team easy access to everything they need to know to get the job done.
Acumatica
Acumatica Cloud ERP provides the best business management solution for digitally resilient companies. Built for mobile and telework scenarios and easily integrated with the collaboration tools of your choice. Acumatica delivers flexibility, efficiency, and continuity of operations to growing small and mid-market organizations. Connected business. Delivered. Rapid integrations. Delivered. Remote collaboration. Delivered. Business resilience. Delivered. Future proof. Delivered.
Axium Ajera
This integrated accounting and project management software is designed specifically for architecture and engineering firms. Ideal for small to medium sized businesses, Axium Ajera aims to improve project level profitability and visibility. Other features include key ROI metrics like staff utilization, profitability and financial reporting.
ZipBooks
ZipBooks is a forever free accounting software that can be used in any industry. For the construction industry, the solution stands out over other free accounting solutions (such as Wave) due to the ability to handle project accounting. The ease-of-use includes drag-and-drop expenses into cost categories, invoicing, transaction views, balance sheets, and reports.
ZipBooks can be accessed anywhere you have a web-browser. If you’re on the job site, you can pull up the needed details from your phone or mobile device. The free version of ZipBooks includes unlimited customized invoicing, advanced financial reporting, and can accept digital payments via Sqaure or PayPal. The paid version of ZipBooks adds-on recurring invoicing, time tracking, multiple bank account connections, and up to 5 users.
QuickBooks Online Plus
QuickBooks Online is our choice for best overall Small Business Accounting Software and will do a sufficient job for contractors even without the Buildertrend integration recommended above. Employees can submit their time from the field, and you track income and expenses by job. The biggest shortcoming is that estimates cannot be converted to budgets for comparison to actual job expenses. You’ll probably want to save the estimates in Excel and then compare them to the actual job costs report, which can also be exported to Excel.
QuickBooks Online Plus Pricing
QuickBooks Online comes in four versions, but you’ll need either Plus or Advanced to track revenue and expenses by project. I recommend Plus for most contractors unless you need more than five users.
- QuickBooks Online Simple Start: $25 per month for one user
- QuickBooks Online Essentials: $40 per month for three users
- QuickBooks Online Plus: $70 per month for five users (recommended for most contractors)
- QuickBooks Online Advanced: $150 per month for 25 users
Oracle Textura Payment Management
Oracle Textura Payment Management increases efficiency and control in construction payment management through a collaborative subcontractor invoicing and payment software system. The cloud solution streamlines and automates processes to accelerate payment, mitigate risk, and improve cash flow. Contractors can rely on the exchange of e-signed lien waivers and electronic payments. Key Business Benefits: – Increased efficiency: Eliminate paper and gridlock by standardizing processes and providing a single source of truth to the supply chain. – Control and risk mitigation: Enforce requirements and automate payment holds for compliance issues. – Insights and visibility: Analyze and easily report on payments and compliance data to improve project performance. Features include: – Streamlined Workflows and Automation – Online Collaboration in a Shared Environment – Lien Waivers and Compliance Documents – ERP/Accounting System Integration – Electronic Payment – Insights and Visibility – Dedicated Client Services
Conclusion:
It is ideal for contractors to keep track of their billing, payroll, and schedule. Simplifying the process of accounting has never been easier with construction management accounting software. This program has complete applications that allow your company to function like a well-oiled machine.