Best Construction Accounting Software - Editor's Choice
#1 Projectmates for Construction                                              
Review date: 04.07.2010

Description:

This online project management software for construction project management enables you to collaborate over the web and share real-time information. In addition, this web-based program increases levels of productivity, cost and time savings.

Screenshots

Price:

Free Demo

Advanced Features:

  • Centralized communications
  • Web-based access
  • Contractor's daily reports
  • Automatic document format detection
  • Continuation sheet
  • Project budget
  • Pay application

Review:

Best of all, includes all the functionality customers expect from a mission critical software.
  • offers construction finance capabilities that lets executives manage purchase orders.
  • Projects run more efficiently when all information is stored in one place.
  • Includes profit and loss statements, a balance sheet, cash flow.
  • Fully integrated construction management software.
  • The role-based security ensures that users have appropriate rights to each module.
  • 100% web-based, anytime anywhere access.
  • Use PDAs or smart phones to view files via the mobile version.
  • It avoids the time and expense of developing an in-house solution.
Overall, the application offers the ability for financial departments to create a final invoice and pay periods. Including a work order module, which lets contractors request and approve proposals.

#2 Marksystems - Homebuilder Management Solution               
Review date: 04.05.2010

Description:

This web-based builder management application. was developed exclusively for residential builders and developers. It allows you to determine a project's cost in a variety of fashions and produce several types of reports and detailed proposals.

Screenshots

Price:

Free demo

Advanced Features:

  • Low per-house costs
  • Schedules recalculate instantly
  • Management level reporting
  • Real time schedules
  • Email notification of inspection problems
  • Web-based training
  • No hardware to buy or maintain

Review:

Best of all, one solution with all the modules, and can be adopted by phase.
  • Designed to ensure that you sell only what you can build and can eliminate the need for paper invoices.
  • Fully configured knowledge base, including sample construction schedules with checklists.
  • Integrated financial and project management solution with productivity.
  • Easy-to-use scheduling for allocating production resources.
  • Adaptable to the way you do business.
  • Standard NAHB chart of accounts.
  • The software enables you to approve or hold vendor payments while they're progressing the house.
  • Multiple display formats, including calendar display.
The software allows you to track each warranty cost in detail to each house, with incurred cost and variance reporting at virtually any level. It supports every function and every team member involved in new home construction.

#3 Builder Information System                                                    
Review date: 04.02.2010

Description:

This program is construction specific accounting software for general contractors and builders. Available in standard, professional and enterprise editions.

Screenshots

Price:

Free demo

Main Features:

  • Contractors real-time accounting
  • Unlimited historical fiscal years
  • Detailed construction reporting
  • Cost accounting reports
  • Unit of measure conversion
  • Vendor part cross reference
  • Advanced job costing software

Review:

  • Payroll module enables to perform the tedious job of calculating.
  • Evaluates future cash requirements.
  • Tracking of subcontractor invoices.
  • Vendor payments summary with recurring A/P vendor invoice
  • Helps you take maximum advantage of credit accounts.
  • Entries automatically update the accounts payable journal.
Overall, it has the capabilities to handle all aspects of a large construction business and can meet the needs of just about every sub-contractor and builders.

#4 Construction Partner accounting                                          
Review date: 02.07.2010

Description:

For accurate job costing, it’s paramount to identify costs at the earliest possible moment. This is why, the software simplifies and automates your estimating process.

Screenshots

Price:

Free demo

Easily consolidate financial data and simplify management.

Main Features:

  • Simplifies data entry
  • Easy direct deposit setup
  • Calculates workers’ compensation
  • Supports prevailing wage requirements
  • Protects sensitive data
  • Prints multiple employee checks

Review:

It delivers construction documents like AIA billings, retentions, pre-liens and waivers.
  • Shows primary and alternate vendors, current inventory value.
  • Service Billing module automatically finds work details.
  • Integration increases accuracy and saves time.
  • It gives you more control over billing.
  • Provides complete tracking of equipment costs.
  • Supports several methods of calculating and posting labor burden.
Whether you have one or more companies to manage, Construction Partner streamlines your accounting processes. Regular updates of the software start at $395 per year.

#5 BuilderMT ProDetail Estimating                                             
Review date: 02.07.2010

Description:

This construction software includes a database construction accounting program with general ledger and job cost accounting. Besides, each module can also be purchased and used as a standalone product.

Screenshots

Price:

Free demo

Software Summary:

Designed to work with WMS and Sage Timberline programs.

Main Features:

  • Reduces costly programming needs
  • Customizable construction software
  • Focuses on producing detailed estimate
  • Online support site
  • Request support services

Review:

Due to the tiered architecture, the ERP software can be integratedopt into existing IT environments
  • The sales process is displayed starting with a quote creation.
  • Detailed view of itemized labor and material.
  • Enables you to have a detailed costs for the labor and materials that go into each project.
  • The software can be merged into your existing Timberline database.
Moreover, the program can help create detailed estimates tailored to the builder's needs. It can provide additional estimating assistance as needed for conceptual plan.

What construction software is?
  • Here, you will find construction software reviews and buying guidesthat explore the benefits of using software for tasks estimating, job cost accounting and scheduling applications.

    Software reviews include functionality specifics, module-by-module benefits; and system strengths, weaknesses and side-by-side rating comparisons.

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