# Best Construction Accounting Software - Page 2

  *By [Neya Kumaresan](https://research.g2.com/insights/author/neya-kumaresan)*


   Construction accounting software provides users with financial management tools for construction projects and activities. These products offer features such as job costing, payroll, accounts payable and receivable (AP/AR), general ledger, and audit reporting, among others. Some [construction accounting solutions](https://learn.g2.com/best-construction-accounting-software) are project focused for specific financial information, while others provide accounting insights into the company as a whole.

These solutions are nearly equivalent to basic [accounting software](https://www.g2.com/categories/accounting), however, they are specifically tailored to the construction industry. While construction accounting software may be offered as a standalone product, some also provide capabilities of [construction estimating software](https://www.g2.com/categories/construction-estimating/products) or [construction project management software](https://www.g2.com/categories/construction-project-management).

To qualify for inclusion in the Construction Accounting category, a product must:

- Offer accounting features solely for the construction industry as opposed to a variety of verticals
- Provide financial management functionality for construction firms
- Offer accounting insights at either project level or for the company as a whole
- Generate financial reports that follow and adhere to risk, safety, and industry regulation guidelines




  
## Top Construction Accounting Software at a Glance
| # | Product | Rating | Best For | What Users Say |
|---|---------|--------|----------|----------------|
| 1 | [Procore](https://www.g2.com/products/procore/reviews) | 4.6/5.0 (4,135 reviews) | Construction budget-to-payment accounting with ERP integration | "[Procore Keeps Everything Organized from Bidding to Closeout](https://www.g2.com/survey_responses/procore-review-12853904)" |
| 2 | [GCPay](https://www.g2.com/products/gcpay/reviews) | 4.6/5.0 (417 reviews) | Subcontractor pay-app and lien-waiver compliance | "[GCPay has saved us valuable time and streamlines the pay app process ](https://www.g2.com/survey_responses/gcpay-review-8853990)" |
| 3 | [Acumatica](https://www.g2.com/products/acumatica/reviews) | 4.4/5.0 (1,906 reviews) | Construction job costing with intercompany accounting | "[Acumatica Delivers Flexibility and Scalability for Global Growth](https://www.g2.com/survey_responses/acumatica-review-12716143)" |
| 4 | [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) | 4.3/5.0 (3,914 reviews) | Multi-entity job costing with dimensional reporting | "[Powerful Multi-Dimensional GL and Streamlined Reporting in Sage Intacct](https://www.g2.com/survey_responses/sage-intacct-review-12949345)" |
| 5 | [Oracle Textura Payment Management](https://www.g2.com/products/oracle-textura-payment-management/reviews) | 4.1/5.0 (45 reviews) | Subcontractor billing, lien waiver, and pay-app compliance | "[Easy, Convenient Payment Management with Textura](https://www.g2.com/survey_responses/oracle-textura-payment-management-review-12721831)" |
| 6 | [Deltek ComputerEase](https://www.g2.com/products/deltek-computerease/reviews) | 4.2/5.0 (241 reviews) | Construction job costing with integrated payroll | "[20 year user; but frustrated with cloud migration](https://www.g2.com/survey_responses/deltek-computerease-review-8572060)" |
| 7 | [briq](https://www.g2.com/products/briq-briq/reviews) | 4.9/5.0 (48 reviews) | Multi-project budget and cost consolidation | "[Briq Centralizes Financial Data with Real-Time Visibility and Time-Saving Automation](https://www.g2.com/survey_responses/briq-review-12759066)" |
| 8 | [Houzz Pro](https://www.g2.com/products/houzz-pro/reviews) | 4.0/5.0 (43 reviews) | Estimate-to-invoice billing with design integration | "[All-in-One Convenience: Houzz Pro Keeps Every Job Organized](https://www.g2.com/survey_responses/houzz-pro-review-12575082)" |
| 9 | [CMiC Platform](https://www.g2.com/products/cmic-platform/reviews) | 3.8/5.0 (83 reviews) | Construction job costing with unified project financials | "[CMiC: One System with Real-Time Visibility from Field to Finance](https://www.g2.com/survey_responses/cmic-platform-review-12695739)" |
| 10 | [JobTread](https://www.g2.com/products/jobtread/reviews) | 5.0/5.0 (83 reviews) | Real-time job costing with QBO integration | "[Perfect for Organizing and Scaling Construction Projects](https://www.g2.com/survey_responses/jobtread-review-12893074)" |

  
## How Many Construction Accounting Software Products Does G2 Track?
**Total Products under this Category:** 125

### Category Stats (Jun 2026)
- **Average Rating**: 4.3/5 The average rating of products in this category, based on all submitted ratings
- **New Reviews This Quarter**: 256
- **Buyer Segments**: Mid-Market 48% │ Small-Business 42% │ Enterprise 11% Represents the distribution of reviewers across all products in this category.
- **Top Trending Product**: CMiC Platform (+0.301) - Among all products in this category, CMiC Platform recorded the largest rating increase compared to last month
*Last updated: June 01, 2026*

  
## How Does G2 Rank Construction Accounting Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 12,500+ Authentic Reviews
- 125+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

  
## Which Construction Accounting Software Is Best for Your Use Case?

- **Leader:** [Procore](https://www.g2.com/products/procore/reviews)
- **Highest Performer:** [briq](https://www.g2.com/products/briq-briq/reviews)
- **Easiest to Use:** [GCPay](https://www.g2.com/products/gcpay/reviews)
- **Top Trending:** [Procore](https://www.g2.com/products/procore/reviews)
- **Best Free Software:** [Procore](https://www.g2.com/products/procore/reviews)

  
---

**Sponsored**

### Premier Construction Software

Premier Construction Software is a global, AI-powered construction ERP that helps growing general contractors control job costs, cash flow, and risk across every project in one easy-to-use cloud platform. Replace disconnected accounting, project management, and field tools with a single source of truth for WIP, change orders, and forecasting, so your team can shorten billing cycles and keep margins on track. How we're different: • Built for general contractors, owners, and land developers managing multi-project, multi-entity portfolios. • Advanced construction accounting with detailed job costing, real-time WIP reporting, and cash-flow forecasting to spot issues before they hit the P&L. • Project and field management with RFIs, subcontracts, drawings, and change orders tied directly to the budget and schedule. • Automated billing, approvals, and payroll to reduce manual entry and speed up collections. • Unlimited entities, consolidated reporting, and role-based dashboards.



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---

  ## What Are the Top-Rated Construction Accounting Software Products in 2026?
### 1. [WERX](https://www.g2.com/products/werx-werx/reviews)
  Werx Contractor Software 30 DAY FREE TRIAL! No credit card required. Plans as low as $49/m. Elevate your business with WERX, the ultimate management solution for efficient project handling—from detailed estimating to streamlined payments. Empower your operations with features like real-time time tracking, AIA-Style billing, and flexible budgeting. Our integration with QuickBooks Online and Stripe ensures accuracy and fast payments. Enhance project transparency, boost cash flow, and focus on what matters most: growing your business and winning more bids.


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 14
**How Do G2 Users Rate WERX?**

- **Ease of Use:** 9.2/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.9/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.2/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.3/10 (Category avg: 8.5/10)

**Who Is the Company Behind WERX?**

- **Seller:** [WERX](https://www.g2.com/sellers/werx-962a5c26-c676-4418-90c2-deb759f33a6c)
- **Year Founded:** 2016
- **HQ Location:** Georgetown, US
- **LinkedIn® Page:** https://www.linkedin.com/company/werxapp/ (8 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Construction
  - **Company Size:** 50% Mid-Market, 50% Small-Business


#### What Are WERX's Pros and Cons?

**Pros:**

- Ease of Use (5 reviews)
- Efficiency Improvement (3 reviews)
- Pricing (3 reviews)
- Tracking (3 reviews)
- Useful (3 reviews)

**Cons:**

- Expensive (2 reviews)
- Limited Customization (2 reviews)
- Limited Reporting (2 reviews)
- Poor Reporting (2 reviews)
- Access Limitations (1 reviews)

### 2. [RedTeam Go](https://www.g2.com/products/redteam-go/reviews)
  RedTeam Go is a comprehensive construction management solution designed to assist every member of a construction team in bidding, building, and tracking projects effectively. This platform enhances operational efficiency, visibility, and accountability by seamlessly integrating back-office functions with field operations. By providing a centralized hub for project-related information, RedTeam Go empowers users to manage their tasks more effectively, ensuring that all team members are aligned and informed throughout the project lifecycle. Targeted primarily at general contractors, RedTeam Go caters to a diverse audience within the construction industry, including project managers, subcontractors, and field workers. Its user-friendly interface allows team members to access vital project information from any web-connected device—be it a mobile phone, tablet, laptop, or desktop. This flexibility ensures that all stakeholders can stay updated and engaged, regardless of their location or the device they prefer to use, which is crucial in the fast-paced construction environment. Key features of RedTeam Go include robust project management tools that facilitate bidding, scheduling, and tracking of project progress. The platform offers real-time updates and notifications, enabling teams to respond quickly to changes or challenges as they arise. Additionally, RedTeam Go integrates financial management capabilities, allowing users to manage budgets, track expenses, and generate reports with ease. This integration helps in maintaining financial accountability and transparency throughout the project. Another significant benefit of RedTeam Go is its emphasis on collaboration. The solution fosters communication among team members, ensuring that everyone is on the same page and that critical information is readily available. This collaborative approach not only reduces the likelihood of misunderstandings but also enhances overall project efficiency. By streamlining processes and providing a clear overview of project status, RedTeam Go stands out as a valuable tool for construction teams looking to improve their operational workflows and achieve successful project outcomes.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 41
**How Do G2 Users Rate RedTeam Go?**

- **Ease of Use:** 7.7/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.2/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.2/10 (Category avg: 8.8/10)
- **Quality of Support:** 8.7/10 (Category avg: 8.5/10)

**Who Is the Company Behind RedTeam Go?**

- **Seller:** [RedTeam Software](https://www.g2.com/sellers/redteam-software)
- **Company Website:** https://www.redteam.com
- **Year Founded:** 2006
- **HQ Location:** Orlando, FL
- **Twitter:** @redteamsoftware (2,768 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/redteamsoftware/ (97 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** Project Manager
  - **Top Industries:** Construction
  - **Company Size:** 90% Small-Business, 7% Mid-Market


#### What Are RedTeam Go's Pros and Cons?

**Pros:**

- Comprehensive Features (3 reviews)
- Customer Support (3 reviews)
- Ease of Use (3 reviews)
- Easy Access (2 reviews)
- Efficiency Improvement (2 reviews)

**Cons:**

- Missing Features (6 reviews)
- Access Limitations (3 reviews)
- Inefficiency (3 reviews)
- Manual Data Entry (3 reviews)
- Cumbersome Processes (2 reviews)

### 3. [Planyard](https://www.g2.com/products/planyard/reviews)
  Planyard makes construction financials incredibly easy. All of our workflows are designed by construction professionals who want to ditch the spreadsheet, get rid of duplicate data entry, and simplify their work lives. With Planyard, management enjoys a real-time overview of portfolio financials, giving them the peace of mind to focus on growing the business. Why construction teams choose Planyard: \* Speed: It typically takes just 1-2 hours to get started as your next project begins. \* Accuracy: Standardized cost estimating and quoting, budget management and forecasting without manual errors. \* Automation: Streamline subcontractor billing, pay applications, and RFQs. \* Connectivity: Seamlessly sync with Xero, QuickBooks, Sage, and MYOB. Stop wasting days every month on manual admin. Get real-time oversight of your project profitability and scale your business with software built for the job site, not just the office.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 12
**How Do G2 Users Rate Planyard?**

- **Ease of Use:** 8.9/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.4/10 (Category avg: 8.5/10)

**Who Is the Company Behind Planyard?**

- **Seller:** [Planyard](https://www.g2.com/sellers/planyard)
- **Year Founded:** 2018
- **HQ Location:** Tallinn, Estonia
- **Twitter:** @planyard
- **LinkedIn® Page:** https://www.linkedin.com/company/planyard-construction-software/ (5 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Construction
  - **Company Size:** 92% Small-Business, 8% Mid-Market


### 4. [4castplus](https://www.g2.com/products/4castplus/reviews)
  What is this product?: 4castplus provides performance-driven Project Cost Management software for construction contractors worldwide. Organizations can get free of outdated, inefficient spreadsheet solutions for managing construction projects, and move forward into an integrated cloud platform where multiple disciplines share data and workflows in real-time to deliver projects on budget, on time and with exacting precision. Contractors maximize profitability by letting the software do much of the heavy-lifting and time-consuming work so that professionals can spend time on the high-value work of successful execution of projects. Built to integrate data seamlessly with your ERP finance system, 4castplus gives your finance team the assurance that project financial data is controlled, secure and in total harmony with your accounting system. We deliver true one-touch enterprise information that connects your business from the construction Jobsite to project management to finance. Key Features include: Project Controls, Project Procurement, Jobsite Cost Tracking, Forecasting, Construction Estimating, Contract Management, Labor Time Tracking, Change Orders, Client Billing, Project Management, Portfolio Management, and Labor Resource Management


  **Average Rating:** 3.9/5.0
  **Total Reviews:** 44
**How Do G2 Users Rate 4castplus?**

- **Ease of Use:** 8.0/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.7/10 (Category avg: 8.8/10)
- **Quality of Support:** 8.6/10 (Category avg: 8.5/10)

**Who Is the Company Behind 4castplus?**

- **Seller:** [4CastPlus](https://www.g2.com/sellers/4castplus)
- **Company Website:** https://www.4castplus.com
- **HQ Location:** Calgary, Alberta
- **Twitter:** @4castplus (424 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/2223764/ (17 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Oil & Energy, Construction
  - **Company Size:** 67% Mid-Market, 15% Small-Business


#### What Are 4castplus's Pros and Cons?

**Pros:**

- Ease of Use (3 reviews)
- Budget Management (2 reviews)
- Easy Integrations (2 reviews)
- Features (2 reviews)
- Integration Capabilities (2 reviews)

**Cons:**

- Update Issues (2 reviews)
- Poor Navigation (1 reviews)

### 5. [ProjectPro](https://www.g2.com/products/projectpro/reviews)
  ProjectPro is a specialized construction management solution built on Microsoft Dynamics 365 Business Central. Designed exclusively for project-based and construction companies, it brings powerful industry-specific functionality to help you take control of every aspect of your business. With over 25 years of experience in construction tech, ProjectPro offers end-to-end visibility and control through fully integrated modules. It enhances Dynamics 365 with construction-specific capabilities like ✅ Job Quoting and Proposals ✅ Job Purchasing and Procurement ✅ Job Material Planning ✅ Subcontract Management ✅ Timesheets ✅ Project Management ✅ Progress Billing ✅ Payroll Integration ✅ Certified Payroll Report ✅ Contract and Change Orders Whether you're a general contractor or a specialty subcontractor, ProjectPro simplifies your operations and empowers smarter decisions—faster. Reach out to us at sales@projectpro365.com


  **Average Rating:** 4.8/5.0
  **Total Reviews:** 8
**How Do G2 Users Rate ProjectPro?**

- **Ease of Use:** 7.9/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.4/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind ProjectPro?**

- **Seller:** [DynamicsSmartz](https://www.g2.com/sellers/dynamicssmartz)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/ms-dynamicssmartz/ (107 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Construction
  - **Company Size:** 50% Mid-Market, 38% Small-Business


#### What Are ProjectPro's Pros and Cons?

**Pros:**

- Business Integration (1 reviews)
- Efficiency Improvement (1 reviews)
- Project Management (1 reviews)

**Cons:**

- Difficult Customization (1 reviews)
- Update Issues (1 reviews)

### 6. [Archdesk](https://www.g2.com/products/archdesk/reviews)
  Archdesk is the only business management platform built for the construction industry. It covers everything the modern business needs, including project, finance and asset management. Archdesk is configured to work exactly how your business operates by optimising each workflow and automating where possible. In real-time, bring your data into one place and visualise everything on customisable dashboards. This gives you the tools to make better decisions at every level of your business.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 21
**How Do G2 Users Rate Archdesk?**

- **Ease of Use:** 9.1/10 (Category avg: 8.5/10)
- **Ease of Admin:** 9.4/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.4/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.2/10 (Category avg: 8.5/10)

**Who Is the Company Behind Archdesk?**

- **Seller:** [Archdesk](https://www.g2.com/sellers/archdesk)
- **Year Founded:** 2015
- **HQ Location:** Leicester, England
- **Twitter:** @ArchdeskApp (287 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/15189101 (36 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Construction
  - **Company Size:** 67% Small-Business, 33% Mid-Market


#### What Are Archdesk's Pros and Cons?

**Pros:**

- Continuous Improvement (1 reviews)
- Customer Support (1 reviews)
- Efficiency Improvement (1 reviews)
- Helpful (1 reviews)
- Implementation Ease (1 reviews)

**Cons:**

- Download Issues (1 reviews)
- Mobile App Issues (1 reviews)
- Software Bugs (1 reviews)
- Syncing Issues (1 reviews)
- Update Issues (1 reviews)

### 7. [Bolster](https://www.g2.com/products/costcertified-bolster/reviews)
  Meet Bolster, a trailblazer in construction management software, revolutionizing the way residential construction is bought, sold and managed. Bolster enables contractors to save more time, win more jobs, enhance project oversight, and elevate the homeowner experience using one end-to-end platform. As we rapidly expand, Bolster is committed to delivering new products and features to meet the evolving needs of our customers and the industry. From our patented interactive estimating solution to robust capabilities in scheduling, project management, payments, and dedicated support, Bolster is the essential tool for success in residential construction. From first click to final payment, Bolster is building better solutions that make building as enjoyable as buying and selling online for both contractors and homeowners.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 43
**How Do G2 Users Rate Bolster?**

- **Ease of Use:** 8.4/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.1/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.4/10 (Category avg: 8.5/10)

**Who Is the Company Behind Bolster?**

- **Seller:** [Bolster](https://www.g2.com/sellers/bolster-fac5c434-f54e-4a01-ab30-5dea96db6ee8)
- **Year Founded:** 2016
- **HQ Location:** Calgary, CA
- **LinkedIn® Page:** https://www.linkedin.com/company/bolsterbuilt (50 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** Owner
  - **Top Industries:** Construction
  - **Company Size:** 88% Small-Business


#### What Are Bolster's Pros and Cons?

**Pros:**

- Ease of Use (28 reviews)
- Efficiency Improvement (25 reviews)
- Estimating Tools (25 reviews)
- Estimation (24 reviews)
- Time-saving (22 reviews)

**Cons:**

- Learning Curve (14 reviews)
- Setup Difficulty (10 reviews)
- Difficult Setup (9 reviews)
- Complex Setup (7 reviews)
- Learning Difficulty (7 reviews)

### 8. [Beam](https://www.g2.com/products/beam-2024-06-14/reviews)
  The best way for builders to estimate and manage project finances with AI. Beam lets contractors go from plans to a client-ready proposal, schedule, and budget in minutes. Beam is an all-in-one project management solution. Create and manage change orders, communicate with clients, pay bills, and collect lien waivers—all from one dashboard. With online payments and a Visa card for field crews connected directly to QuickBooks, Beam eliminates double-entry and overspending, helping you keep projects on budget.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 4
**How Do G2 Users Rate Beam?**

- **Ease of Use:** 10.0/10 (Category avg: 8.5/10)
- **Ease of Admin:** 10.0/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10)
- **Quality of Support:** 10.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind Beam?**

- **Seller:** [Beam](https://www.g2.com/sellers/beam-95604b55-9204-41c8-8e78-80f18f472876)
- **Year Founded:** 2022
- **HQ Location:** San Francisco, US
- **LinkedIn® Page:** https://www.linkedin.com/company/trybeamhq (15 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 75% Small-Business


#### What Are Beam's Pros and Cons?

**Pros:**

- Invoicing (2 reviews)
- Customer Support (1 reviews)
- Ease of Use (1 reviews)
- Easy Access (1 reviews)
- Efficiency Improvement (1 reviews)

**Cons:**

- Difficult Setup (1 reviews)
- Learning Curve (1 reviews)
- Navigation Issues (1 reviews)
- Poor Navigation (1 reviews)

### 9. [CXweb](https://www.g2.com/products/cxweb/reviews)
  CXweb - Commissioning, Construction and Facility Management CXweb is a digital platform with cross disciplinary focus on technical installations, providing its users a better technical insight with full traceability throughout the life cycle of a project. Technical aspects pose the largest project risk. As technical systems constitute the largest project life cycle expense, and new technology graduately becomes more interdependent. CXweb introduces commissioning as a project management tool – hence giving a focus on functionality, documentation and verification. The platform digitizes the project at all stages: from design, construction, handover and operation. CXweb is a cost-effective fully supported tool. With free telephone/mail support and possibility of training sessions.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 4
**How Do G2 Users Rate CXweb?**

- **Ease of Use:** 9.6/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.2/10 (Category avg: 8.5/10)

**Who Is the Company Behind CXweb?**

- **Seller:** [CXweb ApS](https://www.g2.com/sellers/cxweb-aps)
- **Year Founded:** 2017
- **HQ Location:** Nykøbing Falster, DK
- **LinkedIn® Page:** http://www.linkedin.com/company/cxweb (4 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 75% Enterprise, 25% Small-Business


### 10. [Newforma Project Center](https://www.g2.com/products/newforma-project-center/reviews)
  Newforma Project Center is your on-premise Project Information Management (PIM) software solution. Unify your project data and email across a variety of applications, platforms, and storage locations. Keep your company, projects and people organized. Newforma Project Center enables your project team to easily find and access the information needed to make better decisions and keep your project on track. You now have a centralized view of your project from design through project close-out. Focus on the work you love. We’ll help you with the heavy lifting of managing data to improve project performance, reduce risks, and increase profitability.


  **Average Rating:** 4.2/5.0
  **Total Reviews:** 144
**How Do G2 Users Rate Newforma Project Center?**

- **Ease of Use:** 7.6/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.4/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.1/10 (Category avg: 8.8/10)
- **Quality of Support:** 8.7/10 (Category avg: 8.5/10)

**Who Is the Company Behind Newforma Project Center?**

- **Seller:** [Newforma](https://www.g2.com/sellers/newforma)
- **Company Website:** https://www.newforma.com
- **Year Founded:** 2003
- **HQ Location:** Manchester, NH
- **LinkedIn® Page:** https://www.linkedin.com/company/30975/ (35 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** IT Manager
  - **Top Industries:** Architecture & Planning, Construction
  - **Company Size:** 67% Mid-Market, 16% Enterprise


#### What Are Newforma Project Center's Pros and Cons?

**Pros:**

- Ease of Use (25 reviews)
- Organization (21 reviews)
- Document Management (15 reviews)
- Tracking (15 reviews)
- Data Management (12 reviews)

**Cons:**

- Slow Performance (11 reviews)
- Slow Processing (8 reviews)
- Performance Issues (7 reviews)
- Missing Features (6 reviews)
- Outdated Interface (6 reviews)

### 11. [INGENIOUS.BUILD](https://www.g2.com/products/ingenious-build/reviews)
  INGENIOUS.BUILD is a cloud-based construction management software solution that connects pre-construction to closeout, centralizing workflows, financial management, and team communication in one unified platform. It is designed for Owners, Developers, Owner’s Reps, and General Contractors, while enabling Specialty Trades and Architects & Engineers to collaborate seamlessly within the workspace. The software supports users in planning, executing, and overseeing capital construction projects across portfolios of varying size and complexity. The platform provides a centralized system for managing capital projects and real estate developments, giving stakeholders shared visibility into budgets, contracts, schedules, and documentation across the project lifecycle. It replaces fragmented systems and manual tracking processes by consolidating operational and financial data into a single cloud-based environment. This allows project teams to coordinate activities, standardize reporting, and maintain consistent documentation from early planning through project closeout. Core capabilities include: - Capital planning, budgeting, bidding, and procurement - Contract administration, change order management, and invoicing - RFIs, submittals, document control, and vendor coordination - Mobile field tools for daily reports, punch lists, and progress tracking - Real-time dashboards for cost tracking, schedule monitoring, and portfolio oversight INGENIOUS.BUILD enables stakeholders to maintain accountability, monitor performance, and use real-time and historical data to improve forecasting and decision-making. #BuildingTheFuture #BeINGENIOUS


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 14
**How Do G2 Users Rate INGENIOUS.BUILD?**

- **Ease of Use:** 9.0/10 (Category avg: 8.5/10)
- **Ease of Admin:** 9.6/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 9.2/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.2/10 (Category avg: 8.5/10)

**Who Is the Company Behind INGENIOUS.BUILD?**

- **Seller:** [INGENIOUS.BUILD](https://www.g2.com/sellers/ingenious-build)
- **Year Founded:** 2016
- **HQ Location:** Nashville, Tennessee, United States
- **LinkedIn® Page:** http://www.linkedin.com/company/ingeniousbuild (98 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Construction
  - **Company Size:** 29% Small-Business, 21% Mid-Market


#### What Are INGENIOUS.BUILD's Pros and Cons?

**Pros:**

- Ease of Use (8 reviews)
- Budget Management (6 reviews)
- Project Management (5 reviews)
- Setup Ease (5 reviews)
- Customer Support (4 reviews)

**Cons:**

- Missing Features (5 reviews)
- Learning Curve (3 reviews)
- Limited Features (3 reviews)
- Limited Functionality (3 reviews)
- Budgeting Issues (2 reviews)

### 12. [Hardhat Job Cost Accounting](https://www.g2.com/products/hardhat-job-cost-accounting/reviews)
  Job cost construction system that integrates GL, payroll, A/R, A/P basic modules and optional quantity tracking and equipment costing.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate Hardhat Job Cost Accounting?**

- **Ease of Use:** 6.7/10 (Category avg: 8.5/10)
- **Quality of Support:** 8.3/10 (Category avg: 8.5/10)

**Who Is the Company Behind Hardhat Job Cost Accounting?**

- **Seller:** [Hardhat](https://www.g2.com/sellers/hardhat)
- **Year Founded:** 1973
- **HQ Location:** Memphis, us
- **LinkedIn® Page:** https://www.linkedin.com/company/hardhat-inc (13 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 13. [Infor Construction](https://www.g2.com/products/infor-construction/reviews)
  Infor® Construction can help you track all costs that go into a job, comparing estimates vs. actual costs, commitments, subcontractor performance, labor, materials, and cash position; and have ongoing Business Intelligence for your operations.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate Infor Construction?**

- **Ease of Use:** 10.0/10 (Category avg: 8.5/10)
- **Quality of Support:** 7.5/10 (Category avg: 8.5/10)

**Who Is the Company Behind Infor Construction?**

- **Seller:** [Infor](https://www.g2.com/sellers/infor)
- **Year Founded:** 2002
- **HQ Location:** New York
- **Twitter:** @Infor (18,479 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/1711/ (22,257 employees on LinkedIn®)
- **Phone:** 800-260-2640

**Who Uses This Product?**
  - **Company Size:** 100% Enterprise


### 14. [JOBPOWER](https://www.g2.com/products/jobpower/reviews)
  JOBPOWER is a construction accounting software that has features specific to construction and contractors to help manage your accounting, such as AIA billing, payroll, budget vs actual reporting, and more.


  **Average Rating:** 3.5/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate JOBPOWER?**

- **Ease of Use:** 4.2/10 (Category avg: 8.5/10)
- **Ease of Admin:** 10.0/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 3.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 5.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind JOBPOWER?**

- **Seller:** [Applied Computer Systems](https://www.g2.com/sellers/applied-computer-systems)
- **Year Founded:** 1984
- **HQ Location:** Knoxville, US
- **Twitter:** @jobpower (15 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/jobpower-software/ (7 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 50% Mid-Market, 50% Small-Business


### 15. [Lentune](https://www.g2.com/products/lentune/reviews)
  Lentune streamlines your construction finances to unlock bigger business potential. It smartly replaces tedious processes with jazzy automated workflows (plus live data action!), to completely transform the way you see, manage and plan project finances. From project cost management to invoicing and purchase orders, right through to timesheets, expenses and equipment management – we sort it all. Pick and choose the modules you need, or create workflow heaven with the whole suite. Plus, it easily syncs to all major accounting and project management software, giving you simple, end-to-end process perfection. Key Features at a Glance Invoice Automation: Slash time spent on accounts payable. Timesheet Automation: Track labour hours accurately, crucial for budgeting. Progress Claims Automation: Simplify claim management for on-time payments and financial accuracy. Integrations: Seamlessly works with Xero, MYOB, and Procore, turning Lentune into your financial command centre. Easy to learn, and easy to use, Lentune wildly improves your efficiency, clarity, growth mapping and work enjoyability. In short, it’s everything you need to help your business go from good, to champagne-popping great.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate Lentune?**

- **Ease of Use:** 8.3/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10)
- **Quality of Support:** 10.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind Lentune?**

- **Seller:** [Lentune Software Solutions](https://www.g2.com/sellers/lentune-software-solutions)
- **Year Founded:** 1998
- **HQ Location:** Christchurch, NZ
- **LinkedIn® Page:** https://www.linkedin.com/company/18650222 (22 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Mid-Market


#### What Are Lentune's Pros and Cons?

**Pros:**

- Customer Support (1 reviews)
- Customization (1 reviews)
- Customization Features (1 reviews)

**Cons:**

- Difficult Customization (1 reviews)

### 16. [TimeSuite](https://www.g2.com/products/timesuite/reviews)
  TimeSuite is an Advanced Cloud Based Construction ERP with a Modern Relational Architecture. TimeSuite has Web, Mobile and Desktop interfaces that work in unison. What makes TimeSuite different is its relational architecture, where everything is centralized and connected. There are no modules to integrate, no redundant data to reconcile, and no unnecessary rigid complexities. Data is centralized and accessible across all functions — providing real-time visibility, better decision-making, and significant time savings. TimeSuite is a comprehensive, cloud-based Construction ERP. It combines powerful tools for project management, accounting, estimating, on-screen takeoff, CRM, scheduling, resource planning, geo-enabled timecards, task management, file system document control and more — all in a single, centralized platform. TimeSuite has a dynamic setup that can be modified at any time (unlike modular systems that force users into rigid implementation choices).


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate TimeSuite?**

- **Ease of Use:** 8.3/10 (Category avg: 8.5/10)
- **Ease of Admin:** 10.0/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 8.3/10 (Category avg: 8.5/10)

**Who Is the Company Behind TimeSuite?**

- **Seller:** [TimeSuite ](https://www.g2.com/sellers/timesuite)
- **Year Founded:** 1994
- **HQ Location:** Highlands Ranch, US
- **LinkedIn® Page:** https://www.linkedin.com/company/timesuite-software/about/ (6 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 50% Mid-Market, 50% Small-Business


### 17. [Workbench Project Management](https://www.g2.com/products/workbench-project-management/reviews)
  A construction management solution with features for contract management, powerful reporting, forecasting, site diary, and more.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 2
**How Do G2 Users Rate Workbench Project Management?**

- **Ease of Use:** 8.3/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 9.2/10 (Category avg: 8.5/10)

**Who Is the Company Behind Workbench Project Management?**

- **Seller:** [Workbench International](https://www.g2.com/sellers/workbench-international)
- **Year Founded:** 1996
- **HQ Location:** Auckland, NZ
- **Twitter:** @Workbench_Intl (24 Twitter followers)
- **LinkedIn® Page:** https://au.linkedin.com/company/workbench-international (31 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 50% Mid-Market, 50% Enterprise


### 18. [A-Systems JobView](https://www.g2.com/products/a-systems-jobview/reviews)
  Comprehensive job cost accounting/construction management software.


  **Average Rating:** 3.5/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate A-Systems JobView?**

- **Ease of Use:** 8.3/10 (Category avg: 8.5/10)
- **Quality of Support:** 10.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind A-Systems JobView?**

- **Seller:** [A-Systems](https://www.g2.com/sellers/a-systems-01684963-f676-4426-89ee-6fb06f506a70)
- **Year Founded:** 1978
- **HQ Location:** Salt Lake City, US
- **LinkedIn® Page:** http://www.linkedin.com/company/a-systems-corp (4 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 19. [Bauwise](https://www.g2.com/products/bauwise/reviews)
  Bauwise stands out by providing construction companies with unique financial planning software. This software empowers you to forecast and manage construction project costs, revenues, and cash flows with unparalleled ease and accuracy. The software's goal is to systematize and simplify the management and forecasting of project budgets and company project managers. Our software helps you ensure you stay on budget and turn a profit at all times. Plus, you get quick feedback and notifications if something goes wrong or you go over budget. The software enables: -Management and forecasting of construction budgets. -Overview of all budget changes. -Monitor the profitability of projects. -Make cost and revenue forecasts for projects. -Track all expenses such as salaries, office expenses, and other overheads, which saves you time and money. -Overview of budgets, timesheets, expenses incurred and everything important to help you make your project profitable. -Automatic budget updates. -Approve invoices and send them directly to the accounting software. -Manage contract retentions and reviews of your obligations. -Keep purchase orders, contracts, invoices, and other obligations organized in one place.


  **Average Rating:** 3.0/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate Bauwise?**

- **Quality of Support:** 8.3/10 (Category avg: 8.5/10)

**Who Is the Company Behind Bauwise?**

- **Seller:** [bauwise](https://www.g2.com/sellers/bauwise)
- **Year Founded:** 2017
- **HQ Location:** Tallinn, EE
- **LinkedIn® Page:** https://www.linkedin.com/company/bauwise (11 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 20. [Build In The Black](https://www.g2.com/products/build-in-the-black/reviews)
  Build In The Black is a building and construction software tool for estimating, scheduling, accounting, quotes and bids, customer management, inventory and more that handles your information needs.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate Build In The Black?**

- **Ease of Use:** 8.3/10 (Category avg: 8.5/10)
- **Quality of Support:** 8.3/10 (Category avg: 8.5/10)

**Who Is the Company Behind Build In The Black?**

- **Seller:** [Allentium Software](https://www.g2.com/sellers/allentium-software)
- **HQ Location:** N/A
- **Twitter:** @buildintheblack
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 21. [Construct for Sage 50 Accounts](https://www.g2.com/products/construct-for-sage-50-accounts/reviews)
  Monitors contracts & budgets while streamlining relationships between you, your subcontractors and HMRC.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate Construct for Sage 50 Accounts?**

- **Ease of Use:** 10.0/10 (Category avg: 8.5/10)
- **Ease of Admin:** 8.3/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10)
- **Quality of Support:** 10.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind Construct for Sage 50 Accounts?**

- **Seller:** [eQue2](https://www.g2.com/sellers/eque2)
- **Year Founded:** 2013
- **HQ Location:** Maidenhead, GB
- **Twitter:** @eque2software (2,593 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/3120656/ (200 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Mid-Market


### 22. [Construction Accounting System](https://www.g2.com/products/construction-accounting-system/reviews)
  Construction Accounting System is an integrated software package that manages productivity by providing management information to construction firms.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate Construction Accounting System?**

- **Ease of Use:** 10.0/10 (Category avg: 8.5/10)
- **Quality of Support:** 10.0/10 (Category avg: 8.5/10)

**Who Is the Company Behind Construction Accounting System?**

- **Seller:** [Car, Antley, Kellerhals](https://www.g2.com/sellers/car-antley-kellerhals)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 23. [Construction Cash Flow Forecast](https://www.g2.com/products/construction-cash-flow-forecast/reviews)
  CFF3 is a construction budget software that allows you to produce cash flow and financial forecast from the commencement date up to the completion data of the construction project.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 1

**Who Is the Company Behind Construction Cash Flow Forecast?**

- **Seller:** [Misronet](https://www.g2.com/sellers/misronet)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Mid-Market


### 24. [Constructor](https://www.g2.com/products/constructor/reviews)
  Constructor Management Software is a fully integrated Sales (CRM), Estimating and Accounting software package for builders. Constructor is Australian owned and operated with all software development completed proudly here in Australia by builders for builders.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 3
**How Do G2 Users Rate Constructor?**

- **Ease of Use:** 7.8/10 (Category avg: 8.5/10)
- **Quality of Support:** 9.4/10 (Category avg: 8.5/10)

**Who Is the Company Behind Constructor?**

- **Seller:** [Constructor](https://www.g2.com/sellers/constructor)
- **Year Founded:** 1994
- **HQ Location:** Geelong, AU
- **Twitter:** @constructor (102 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/3637421 (114 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 67% Small-Business, 33% Mid-Market


### 25. [Coreloops ai](https://www.g2.com/products/coreloops-ai/reviews)
  Coreloops ai is financial management software that helps construction companies track, manage, and control project costs. Through the Coreloops web app, contractors can save time and money by automating manual excel processes (CVRs, variation orders, payment applications) and have access to real-time visibility of project costs. This allows contractors to spot overspend before it erodes project margins.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1
**How Do G2 Users Rate Coreloops ai?**

- **Ease of Use:** 10.0/10 (Category avg: 8.5/10)
- **Ease of Admin:** 10.0/10 (Category avg: 8.6/10)
- **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10)

**Who Is the Company Behind Coreloops ai?**

- **Seller:** [Coreloops](https://www.g2.com/sellers/coreloops)
- **Year Founded:** 2021
- **HQ Location:** London, GB
- **LinkedIn® Page:** https://www.linkedin.com/company/coreloops/ (10 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Mid-Market


#### What Are Coreloops ai's Pros and Cons?

**Pros:**

- Automation (1 reviews)
- Ease of Use (1 reviews)
- Efficiency Improvement (1 reviews)
- Real-time Data (1 reviews)
- Tracking (1 reviews)



    ## What Is Construction Accounting Software?
  [Construction Management Software](https://www.g2.com/categories/construction-management)
  ## What Software Categories Are Similar to Construction Accounting Software?
    - [Construction Estimating Software](https://www.g2.com/categories/construction-estimating-software)
    - [Construction ERP Software](https://www.g2.com/categories/construction-erp)
    - [Construction Project Management Software](https://www.g2.com/categories/construction-project-management)

  
---

## How Do You Choose the Right Construction Accounting Software?

### What You Should Know About Construction Accounting Software

### What is Construction Accounting Software?

Construction companies of all sizes constantly communicate and work with contractors, subcontractors, and field crew teams, which inevitably complicates payroll and accounting responsibilities. Hence, accounting is one of the most important areas in construction. The unique business model of construction companies—each project is essentially its own business, with its own revenue, expenses, payroll, and moving parts—requires accounting software that is designed specifically for the construction industry. What distinguishes construction accounting software from generalized accounting software is an integrated job costing feature. Job costing that integrates with the general ledger enables the accurate tracking, utilizing, and replenishing of construction resources.

Construction accounting software reports on the profitability of each job and can even point out significant contributing factors to the profitability of a job. With construction accounting software, project managers and contractors can track financial data of projects and attribute data to specific projects. Ultimately, construction accounting software improves project performance, encourages visibility and transparency into utilized resources, and synchronizes project information across all players.

Key Benefits of Construction Accounting Software

- Optimizes accounting tasks as well as relevant financial-based operational tasks throughout the entire construction project lifecycle
- Connects information and systems via a centralized source of truth, bringing together field teams with administrative and accounting teams
- Provides insight into the financial health of individual construction projects or the entirety of a construction company’s project portfolio

### Why Use Construction Accounting Software?

Construction accounting software enables construction companies and contractors to operate efficiently. Effective construction accounting software allows construction businesses and firms to keep track of the financial aspects of construction projects. For example, if a project has already reached half of their budgets but hasn’t completed half of the jobsite, then accountants and project managers can better address inefficiencies and gaps with construction accounting software. Construction accounting software streamlines financial reporting and tracking capabilities, fully integrates financials with construction project documentation, and provides historical financial details that will help identify, analyze, and resolve irregularities. Additionally, construction accounting software smoothens the flow of sharing project financial information, to better keep stakeholders up to date on the progress and the health of projects.

**Provides a comprehensive picture of the finances and operations —** Updates project cost information in real time, enabling communication with the field, ensuring job costs do not deviate too drastically from initial estimates, and generating cost reports that can be used for future project planning. Construction accounting software records and keeps track of any and all actions on a construction project that makes, costs, or contributes to money.

**Enables greater productivity and better information sharing —** Construction accounting software does not need to integrate with construction project management software to facilitate information flow. On its own, construction accounting software enables a clear data trail for both auditing and project management purposes. Construction accounting software offers easy-to-use approval processes, which contributes to fewer mistakes, more efficiency, and accurate cost reporting.

**Increases potential client confidence —** With construction accounting software, users can tighten up how they track and record both financial and operational components of a construction project. This validates a company’s ability to complete a project in a timely and cost-efficient manner. Additionally, construction accounting software simultaneously eases the manual effort to keep a company’s finances in order as well as helps in impressing clients with outstanding bookkeeping instances.

### Who Uses Construction Accounting Software?

The finance or administration team at construction firms, independent contractors, land and building developers, and commercial real estate owners or operators can utilize and benefit from construction accounting software. Cloud-based construction accounting software is accessible anywhere, whether it’s at the office, on the jobsite, or on the move with clients. Construction accounting software facilitates seamless connectivity between employees, crew members, and relevant stakeholders, improving communication and flow of operations.

### Kinds of Construction Accounting Software

The kinds of projects that construction firms and contractors work on as well as any specialty trades that are contracted on projects determine which construction accounting solutions can match those needs. The size of construction companies also play a role in the kind of construction accounting software that is sought out by businesses. While more and more construction accounting systems (in addition to other types of construction software) are migrating to the cloud—to better fit the on-the-go and on-the-site realities of a construction professional—some solutions are still offered as on-premise solutions. One more thing of note: services companies do exist to streamline the training and consulting, and implementation and integration processes of deploying construction accounting software. The construction industry is a legacy one and while cloud-based, automated solutions have emerged to help modernize construction companies, it’s not easy for such companies to pivot. Service providers have emerged to bridge that gap, providing professionals with human resources that ease the burden of deploying and integrating brand new systems.

### Construction Accounting Software Features

Contractors, construction project managers, and construction accountants leverage construction accounting software to track the financial data of each project they manage. Construction accounting software provides construction companies an industry-specific financial management solution that efficiently handles job costing in addition to general ledger and payroll functionalities. The following features are core accounting modules that can be found in any construction accounting solution:

**Construction payroll —** Payroll is a necessary component of effectively managing contractors and construction workers. Construction accounting software ensures that a company’s payroll complies with regulations as set by federal and state agencies, equal employee opportunity (EEO) minority compliance, multi-state and multi-locality, automated fringes, and unions.

**Construction billing and procurement —** Billing is another important element that construction businesses must accurately record and track. Construction billing functionality from a construction accounting solution has to be able to generate and track invoices for time and materials, provide full visibility into bookkeeping, track both estimated and actual job costs, and generate standardized American Institute of Architects (AIA) billing forms. Some construction accounting solutions also integrate equipment management functionality, which enables the tracking of any physical assets or equipments borrowed to comply with IRS regulations.

**General ledger —** Effective construction accounting software provides an easy way to generate and manage general ledgers as well as any relevant financial reports that can help make informed business decisions.

**Project accounting —** Project accounting enables project managers and construction accountants to track revenue and costs that are allocated to a construction project. Job reports can be generated to help businesses understand whether a project is on or off track. Those job reports can include anything from over or under billing, estimated versus actual costs and production tracking, and cash flow analysis.

**Integration or compatibility with other construction systems —** While construction accounting software can exist and work on its own, it depends on the size of a construction company or the kinds of projects the company contracts. Software that is built to integrate with other construction solutions helps streamline all workflows and reduce any gaps in communication or handoffs.

**Forecasting —** Construction accounting software that records and stores data and financial results effectively creates a historical record of job costs and trends. That historical record can be leveraged to better forecast and predict similar projects in the future. This helps construction companies maintain and ensure profitability of future projects.

### Trends Related to Construction Accounting Software

Construction accounting software is just one more system that helps construction companies ensure profitability, facilitate confidence from stakeholders, keep a better eye on costs and finances, and remain competitive as construction companies bid against others during the prequalification stage. Construction accounting software is also industry specific, which reassures construction companies and accountants that they won’t need to exert quite as much time on important functions like compliance and audit tracking.

Many of the trends that impact the construction accounting software market revolve around the types of projects that are demanding the attention of construction firms; more attention is being spent on how construction systems in general can better align and communicate with each other. For example, infrastructure and state highway construction are projects that are impacted by funding and political impact; the need for innovation within construction accounting solutions to compensate for a windfall of worker supply or the calculation of unique building materials are far less important than projects such as solar and power construction.

The entire construction industry is realizing the need to leverage advanced technologies (like building information modeling collaboration and cloud-based solutions) which has increased the development of GPS or drone technology to improve back-office, jobsite, and project-specific operations. Construction accounting software vendors are recognizing the positive impact that comes with providing streamlined integration with other types of construction software. Any progress and development made on the construction accounting software front won’t mean much if that software cannot share cost or job information with, for example, a construction project management or construction enterprise resource planning (ERP) solution.

### Potential Issues with Construction Accounting Software

**Size of company —** The needs and requirements of a smaller construction company are not the same as the ones for a larger construction company. Some construction accounting solutions are more suited for a smaller business that take on less high tech projects; the same goes for solutions that are more suited for larger businesses that take on projects like warehousing and distribution centers for tech giants. Buyers must be able to suss out which accounting software will make the jobs of their accounting team (or person) easier.

**Vendor support—** Vendor support is crucial to ensuring that the deployed construction accounting solutions make good on the company’s investment. Regardless of the immediate, short-term benefits that a construction accounting system may bring to a construction company, if sustained vendor support (for both long-term support and initial training and integration support) isn’t provided, then construction companies will be left with an expensive, sophisticated system that can be just as arduous and ineffective as their previous legacy systems.

**Communication and collaboration —** If the database that a construction accounting solution provides or contributes to isn’t centralized, then the number and types of reports generated serves no purpose. If the construction accounting software doesn’t easily integrate with other existing construction systems, then the software cannot be as effective as advertised. Buyers need to ask questions about integrations and user access levels when researching appropriate construction accounting software to get the most out of their investment.

### Software and Services Related to Construction Accounting Software

Construction accounting software is utilized throughout the entire lifecycle of a construction project. It keeps companies and contractors accountable for costs on a jobsite and with stakeholders. The software can be used in tandem with other construction-specific solutions:

**Construction project management —** [Construction project management software](https://www.g2.com/categories/construction-project-management) enables project managers, stakeholders, and contractors stay on the same page as a project progresses. Construction project management software streamlines collaboration and communication, enables real-time reporting and documentation of jobsite activity, and eases the dissemination and tracking of assignments and tasks. When construction project management software is used alongside construction accounting software, the two solutions allow construction companies to reduce inefficiencies, ensure nothing falls through the cracks, and create a historical record of all activities.

**Construction estimating —** [Construction estimating software](https://www.g2.com/categories/construction-estimating) is utilized more in the pre-construction phase of a construction project. Project managers depend on construction estimating software to craft and deliver cost and bid estimates prior to the start of a construction project. They will then turn to those generated estimates throughout the duration of a project to determine where cost is over or underspending as jobsite activity commences.

**Project cost management —** [Project cost management software](https://www.g2.com/categories/project-cost-management) tracks and reports on the profitability of big projects like commercial buildings, plants, warehouses, and building portfolios. Project managers use project cost management software to ensure that their spend does not exceed their budgets and that their project remains profitable. Construction accountants can use project cost management software to monitor the individual and overall costs of construction projects within their business’ portfolio as well as keep track of both human and physical resources used during projects.

**Bid management —** [Bid management software](https://www.g2.com/categories/bid-management) enables the creation and sharing of bids, request for proposals (RFPs), and requests to tenders (RTTs), which are crucial to the hiring and management of contractors and physical resources. Construction accountants and project managers can look at the reports generated regarding bids for contractors and resources, to better identify and understand any trends in cost as well as connect spend estimates with actual spend.