# Best Construction Accounting Software - Page 5 *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 ## Category Overview **Total Products under this Category:** 124 ## Trust & Credibility Stats **Why You Can Trust G2's Software Rankings:** - 30 Analysts and Data Experts - 12,200+ Authentic Reviews - 124+ 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. ## Best Construction Accounting Software At A Glance - **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** ### KonstructIQ KonstructIQ is an AI-powered construction management platform that helps remodelers, builders, contractors and the trades, manage their jobs from the initial estimate, all the way to the final payment. Contractors face the exceedingly difficult problem every day of trying to juggle all the nuance of the field, with increasing complexity of the back office, and everything in between. Often this leads to a lack of insight into profitability, poor communication with the client, the business owner and subs, or in the worst case, not even winning the job in the first place because it took too long to estimate. KonstructIQ looks to solve all of this by building a platform that helps at every step of the way. Initial estimates can take anywhere from hours to days, but with AI-estimating, a brief description of the job and it's location gives you a line-item breakdown estimate, with labor and materials, ready to send to the client. Once approved, this estimate immediately becomes your budget, from which future change orders, bills and invoices get paid. With embedded payment systems in the platform you can pay your vendors and subs the way they want to get paid. ACH, check, debit and credit are all natively embedded into the platform so you always have direct insight into project profitability. During the project we're leveraging AI and automation throughout to save you time and make the process easier. Receive a bill via email? Automatically adjust your budget to account for it. With time tracking, scheduling, daily logs, all powered by AI, you're able to get back in the field and out of the office, all while growing your business. [Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=386&secure%5Bdisplayable_resource_id%5D=386&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=386&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=1391131&secure%5Bresource_id%5D=386&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fconstruction-accounting-software%3Fpage%3D5&secure%5Btoken%5D=a71b9d1ba1d034be878505d7a4ca2c831749527331b58d8a5ae4efb381a0ab54&secure%5Burl%5D=https%3A%2F%2Fwww.konstructiq.com%2Fbook-a-demo%2F&secure%5Burl_type%5D=book_demo&secure%5Bvisitor_segment%5D=180) --- ## Top-Rated Products (Ranked by G2 Score) ### 1. [inBuild](https://www.g2.com/products/inbuild/reviews) inBuild is the product of the seamless teamwork of two brothers, one a financial controller and the other a successful tech entrepreneur. The driving force behind the creation of inBuild was to modernize and streamline outdated and laborious processes. From their individual experiences in their respective industries, the brothers knew firsthand the hurdles and headaches that these processes could cause, and they took it upon themselves to develop a comprehensive solution. No other solution on the market has been crafted with such an intimate understanding of the problems at hand, nor has any other solution utilized the fierce passion of its creators like inBuild has. With inBuild, financial processes will never be the same. When it comes to document processing, inBuild is the clear winner. With a powerful combination of features that work seamlessly together, you'll be amazed at the level of efficiency and accuracy you can achieve. With a simple connection to your email, your files are always up-to-date and processed in real-time. And your new AI assistant works tirelessly in the background, so you can sit back and relax knowing that everything is taken care of. But what really sets inBuild apart is our unwavering commitment to financial accuracy. The centralized workflow and team collaboration tools ensure that no mistakes or discrepancies slip through the cracks. And with the ability to generate customized reports and integrate with your other financial tools, you have the most comprehensive view of your financial data. So if you want to streamline and optimize your financial processes, there's no better choice. Developed by a financial controller with other cost-plus builders in mind. inBuild streamlines the billing process, speeds up turnaround times, and guarantees error-free invoicing. By centralizing all financial processes in one easy-to-use platform, ensure greater collaboration between stakeholders, reducing the risk of miscommunication and misunderstandings. With inBuild, you can save time, eliminate costly billing mistakes, and optimize your financial processes for a more efficient and profitable business. **Seller Details:** - **Seller:** [inBuild Inc.](https://www.g2.com/sellers/inbuild-inc) - **Year Founded:** 2021 - **HQ Location:** San Francisco, US - **Twitter:** @inbuildai (32 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/inbuildai (6 employees on LinkedIn®) ### 2. [JDIO](https://www.g2.com/products/jdio/reviews) JDIO is a collaboration tool to bring all parties in the construction industry together. **Seller Details:** - **Seller:** [ECL Software](https://www.g2.com/sellers/ecl-software) - **Year Founded:** 1994 - **HQ Location:** Gardena, CA - **Twitter:** @ECLSoftware (16 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/ecl-software (5 employees on LinkedIn®) ### 3. [Job Books 101](https://www.g2.com/products/job-books-101/reviews) Job Books 101 is a construction accounting solution that helps you handle your job cost accounting and bookkeeping needs with multi-company and multi-user capability, export reports to PDF, Excel, or Word documents, and more. **Seller Details:** - **Seller:** [Boon Resources](https://www.g2.com/sellers/boon-resources) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 4. [Job Cost Accounting](https://www.g2.com/products/job-cost-accounting/reviews) Visual ContrAcct is job cost accounting software designed for construction and service contractors. Our Job Cost accounting program is developed and supported in house with a programming and support team in a company with decades of experience supporting contractors just like you. Visual ContrAcct offers a full range of modules which can be customized to meet your specific accounting needs including: Accounts Payable Accounts Receivable General Ledger Cash Management Equipment Job Cost Accounting Payroll Purchase Orders **Seller Details:** - **Seller:** [Job Cost](https://www.g2.com/sellers/job-cost) - **Year Founded:** 1979 - **HQ Location:** Naperville, US - **LinkedIn® Page:** https://www.linkedin.com/company/job-cost-inc- (11 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 100% Small-Business ### 5. [Kaliun](https://www.g2.com/products/kaliun/reviews) Kaliun is an AI-native construction management platform built exclusively for residential general contractors. Unlike legacy tools designed for field service businesses or commercial construction, Kaliun was purpose-built from real jobsite experience to handle the full complexity of residential remodeling — from lead capture and AI-powered proposals through project management, change orders, subcontractor coordination, client communication, and final invoicing. Every feature is powered by artificial intelligence, enabling contractors to generate accurate proposals in minutes, automatically categorize expenses from receipt photos, and manage every active project from a single real-time dashboard. Available on web, iOS, and Android. **Seller Details:** - **Seller:** [Kaliun](https://www.g2.com/sellers/kaliun) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/kaliun/ (2 employees on LinkedIn®) ### 6. [Kanda](https://www.g2.com/products/kanda/reviews) Kanda is building Affirm for general contractors. We allow builders to offer their clients financing options when they want work done but can't pay the full price upfront. **Seller Details:** - **Seller:** [Phillip Daneshyar](https://www.g2.com/sellers/phillip-daneshyar) - **Year Founded:** 2019 - **HQ Location:** Henley in Arden, GB - **LinkedIn® Page:** https://www.linkedin.com/company/usekanda/?originalSubdomain=uk (20 employees on LinkedIn®) ### 7. [Listo.io](https://www.g2.com/products/listo-io/reviews) Most construction companies waste tens or even hundreds of thousands of dollars per year in late fees, errors, and wasted time. Listo solves this hidden cost. **Seller Details:** - **Seller:** [Listo.io](https://www.g2.com/sellers/listo-io) - **Year Founded:** 2020 - **HQ Location:** Los Angeles, US - **LinkedIn® Page:** http://www.linkedin.com/company/listo-software (1 employees on LinkedIn®) ### 8. [MetaConstructX](https://www.g2.com/products/metaconstructx/reviews) MetaConstructX, built on Dynamics 365 Business Central, is an all-in-one construction management platform for builders and contracters! Crafted just for professionals like you to bring all your construction management needs into one easy-to-use platform. Be it a builder, subcontractor, or general contractor, managing a construction company means that you constantly have to deal with issues like budget constraints, schedule delays, and maintaining team collaboration. It takes more than just hard work to manage your crew, resources, and client expectations; it’s an impossible juggling act at times. You are well aware of these difficulties, which can eat up both your time and revenue. We designed our construction management software with construction businesses like yours in mind. All the moving components of your projects have been brought together at one central dashboard, which is further powered by real-time scheduling and automated communication tools. Just imagine a platform that reduces miscommunication, keeps you ahead of schedule, and integrates each aspect of your business operations. This isn’t just software—it’s a way to take control and build with confidence. **Seller Details:** - **Seller:** [MetaOption](https://www.g2.com/sellers/metaoption) - **Year Founded:** 2005 - **HQ Location:** Jersey City, NJ - **LinkedIn® Page:** https://www.linkedin.com/company/metaoption/about/ (130 employees on LinkedIn®) ### 9. [Muli](https://www.g2.com/products/muli/reviews) Muli Payroll enables Employee / Supervisor maintains time sheet of worked hours with documentation of work done by own employees and contract employees, casual, week, fortnight, monthly with mid month payments. Normally provided as an integrated solution. Fully loaded payroll job costing to project ledger Part of total solution for project business... What is MULI Project Risk, Accounts & Process Management? An Integrated suite of 500 business applications, Budgeting, Variations, Order & Subcontract creation, Subcontractor payment schedules, Accounts payable. Accounts receivable, Head contract progress claims, Earned value general ledger, P&L Balance sheet, IFRS Projects report. Job costing Payroll, Cash flow forecasting, Scheduling, Organisation and Responsible people management, Document notices and control. Risk2Do , Project Review cost and processes, see our web site www.muli.biz for more detailed information. 33 year old Australian based company, providing world wide modern open standards solution. (unicode Documents) **Average Rating:** 3.0/5.0 **Total Reviews:** 1 **User Satisfaction Scores:** - **Ease of Use:** 8.3/10 (Category avg: 8.5/10) - **Quality of Support:** 5.0/10 (Category avg: 8.5/10) **Seller Details:** - **Seller:** [Muli Management](https://www.g2.com/sellers/muli-management) - **Year Founded:** 1982 - **HQ Location:** Christies Beach, AU - **Twitter:** @MuliManagement (5 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/muli-management-pty-ltd (8 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 100% Mid-Market ### 10. [Outpave](https://www.g2.com/products/outpave/reviews) Modern financial solutions for the trades and construction including expense management, corporate cards, invoicing, payments and loans. **Seller Details:** - **Seller:** [Outpave](https://www.g2.com/sellers/outpave) - **Year Founded:** 2023 - **HQ Location:** Frisco, US - **LinkedIn® Page:** https://www.linkedin.com/company/outpave/ (7 employees on LinkedIn®) ### 11. [Pathscape](https://www.g2.com/products/pathscape/reviews) Pathscape empowers construction teams by offering a 360-degree view of projects from tasks, cost analysis and resource management, reducing delays by up to 40%, all on one collaborative platform. **Seller Details:** - **Seller:** [Pathscape](https://www.g2.com/sellers/pathscape) - **Year Founded:** 2022 - **HQ Location:** Toronto, CA - **Twitter:** @pathscape_app (236 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/pathscape-app (10 employees on LinkedIn®) ### 12. [Payapps](https://www.g2.com/products/payapps/reviews) Payapps is a cloud-based collaboration tool for the construction industry. It helps main contractors and subcontractors simplify and expedite the submission and approval of progress payments, including retention and variations. A simpler and faster digital process ensures greater transparency, increased accuracy, improved compliance, reduced financial risk, fewer disputes and fairer outcomes. Payapps significantly cuts progress payment processing time, helping to meet regulatory requirements. Compliance is improved and made easier with documentation verification integrated with the approval process. Seamless integration with a wide range of construction and financial management software helps provide real-time data on all project payment requests and approvals. **Seller Details:** - **Seller:** [Progressclaim.com](https://www.g2.com/sellers/progressclaim-com) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 13. [Project Manager GCT](https://www.g2.com/products/project-manager-gct/reviews) Project Manager GCT is a construction management solution designed for small to medium sized contractors built with functions and reports you need to create cost estimates, work schedules and tracking, and more. **Seller Details:** - **Seller:** [Corporate Niche](https://www.g2.com/sellers/corporate-niche) - **Year Founded:** 2000 - **HQ Location:** Bozeman, US - **LinkedIn® Page:** https://www.linkedin.com/company/corporate-niche (3 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 100% Mid-Market ### 14. [ServaBid](https://www.g2.com/products/servabid/reviews) ServaBid uses VIDEO to save contractors up to 18 HOURS or more per week in time spent traveling to give estimates, by letting clients send videobased service requests! Create estimates and invoices, esign documents, export PDFs, track payments and manage clients from your mobile device, all for FREE. **Seller Details:** - **Seller:** [ServaBid](https://www.g2.com/sellers/servabid) - **HQ Location:** N/A - **Twitter:** @ServaBid (29 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 15. [SolarSuccess](https://www.g2.com/products/solarsuccess/reviews) Blu Banyan has developed SolarSuccess, an award-winning end-end business SaaS solution on Oracle NetSuite, optimized to scale and grow residential and commercial solar installers. SolarSuccess is built on deep experience across the solar industry, from the leading residential, commercial and utility solar installers to manufacturers and distributors. Our expertise ranges across the board, from CRM, project management, accounting, and inventory management, to field service management and asset management. Blu Banyan is a leading supporter of the US Department of Energy’s Orange Button initiative to establish an Open Data Exchange Format for the solar industry. **Seller Details:** - **Seller:** [Blu Banyan](https://www.g2.com/sellers/blu-banyan) - **Year Founded:** 2016 - **HQ Location:** Berkeley, US - **Twitter:** @blu_banyan (53 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/blu-banyan (28 employees on LinkedIn®) ### 16. [Tactive](https://www.g2.com/products/tactive/reviews) Tactive is an ERP software specially designed for the construction sector. It's the perfect solution for managing complex construction projects, allocating resources, and overseeing finances from start to finish. The platform brings together all project contributors, meeting the unique needs of owners, general contractors, and specialty contractors. With Tactive, teams can communicate seamlessly and access a secure central repository of information. Users have praised Tactive for its innovative approach to construction project management, making it an unparalleled solution for efficiency. Upgrade your projects with Tactive, where construction management is simple and efficient. **Average Rating:** 4.8/5.0 **Total Reviews:** 6 **User Satisfaction Scores:** - **Ease of Use:** 9.4/10 (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:** 9.4/10 (Category avg: 8.5/10) **Seller Details:** - **Seller:** [Tactive Software Systems](https://www.g2.com/sellers/tactive-software-systems) - **Year Founded:** 2008 - **HQ Location:** Erode, IN - **LinkedIn® Page:** https://www.linkedin.com/company/tactivesoft/ (96 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 50% Small-Business, 33% Enterprise ### 17. [T-Bill](https://www.g2.com/products/mccormick-systems-t-bill/reviews) Windows time and material billing system designed to generate and track invoices in order to bill customers for time and material jobs. **Seller Details:** - **Seller:** [McCormick Systems](https://www.g2.com/sellers/mccormick-systems) - **Year Founded:** 1979 - **HQ Location:** Chandler, US - **LinkedIn® Page:** https://www.linkedin.com/company/mccormick-systems (27 employees on LinkedIn®) ### 18. [The Link AI](https://www.g2.com/products/the-link-ai/reviews) SaaS that automates creation and review of Submittal Logs for construction project teams. **Seller Details:** - **Seller:** [The Link.ai](https://www.g2.com/sellers/the-link-ai) - **Year Founded:** 2022 - **HQ Location:** Austin, US - **LinkedIn® Page:** https://www.linkedin.com/company/makespecsbetter (10 employees on LinkedIn®) ### 19. [Tolteck](https://www.g2.com/products/tolteck/reviews) Tolteck is a user-friendly estimating and invoicing software tailored specifically for construction professionals, including contractors, small construction businesses, and self-employed tradespeople. Designed to streamline administrative tasks, Tolteck enables users to create professional estimates and invoices within minutes, accessible from both office environments and job sites. Its intuitive interface ensures ease of use, allowing for efficient management of projects and client communications. Key Features and Functionality: - Professional Estimates and Invoices: Quickly generate customized, legally compliant documents with the ability to email them directly to clients. - Multi-Device Compatibility: Accessible on PC, Mac, tablets, and smartphones, ensuring seamless operation across various platforms. - Offline Accessibility: Operate effectively without an internet connection, allowing work from any location, including offices, vehicles, or homes. - Personal Database: Automatically saves materials, labor, and job details with their prices, reducing repetitive data entry and saving time. - Unlimited Users: Supports an unlimited number of users and devices, facilitating collaborative work without additional costs. Primary Value and User Solutions: Tolteck addresses the common challenges faced by construction professionals in managing administrative tasks by offering a streamlined, efficient solution for creating estimates and invoices. Its intuitive design minimizes the time spent on paperwork, allowing users to focus more on their core construction activities. The software's compatibility across multiple devices and offline functionality ensures that users can manage their business operations from any location, enhancing flexibility and productivity. By providing a centralized platform for client and project management, Tolteck simplifies workflows, reduces errors, and improves overall business efficiency for construction professionals. **Seller Details:** - **Seller:** [Tolteck](https://www.g2.com/sellers/tolteck) - **HQ Location:** Paris, FR - **LinkedIn® Page:** http://www.linkedin.com/company/tolteck (19 employees on LinkedIn®) ### 20. [Twenty20 Construction Cloud](https://www.g2.com/products/twenty20-construction-cloud/reviews) Twenty20 Construction Cloud features: - Accounting and Finance - Sales and Marketing - Quotes, Proposals, and Contracts - Project Management - Project Budgets - Subcontract and Purchase Order Management - Inventory - Invoicing and Billing - Equipment Tracking and Maintenance - Human Resource Management, recruiting, expense reports, and time off - Marketing and Website with Search Engine Optimization, Analytics, Email Marketing and Campaign Management and more!!! THE PROBLEM WITH CONSTRUCTION & SOFTWARE Construction software is a very niche market. There have historically been few players and believe it or not.. the construction industry is not full of the most innovative techie nerds. Contractors are scared of technology. Why? The truth is that major solutions being sold are VERY EXPENSIVE, DIFFICULT TO IMPLEMENT and HARD TO LEARN, and this is only the accounting, estimating and project management aspects of their business. Contractors also have to prospect for business, track and manage human resources, manage and maintain equipment, track inventory, and be able to have the information to make better decisions faster to be able to compete. TWENTY20 IS THE ANSWER Twenty20 Construction cloud is the answer. Twenty20 is a full Construction ERP solution. That means (If you don't know or understand the term) we handle all aspects of your business. Twenty20 Construction Cloud is built with flexibility in mind. It is available from any device anywhere there is an internet connection and customizable to your business requirements. We know that switching software is a big decision. We know that historically there is a great risk in switching. We want to erase the risk. We offer a 30 Day Money Back Guarantee. **Seller Details:** - **Seller:** [Hindsight Technologies](https://www.g2.com/sellers/hindsight-technologies) - **HQ Location:** N/A - **Twitter:** @Twenty20Const (1,020 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 21. [Vendrix](https://www.g2.com/products/vendrix/reviews) Vendrix's Corporate Cards and Expense Management Platform for the construction industry make managing spend and controlling budgets easier than ever. **Seller Details:** - **Seller:** [VENDRIX](https://www.g2.com/sellers/vendrix) - **Year Founded:** 2020 - **HQ Location:** Birmingham, US - **LinkedIn® Page:** https://www.linkedin.com/company/vendrix/ (5 employees on LinkedIn®) ### 22. [Vertuoza](https://www.g2.com/products/vertuoza/reviews) Developed by and for professionals, Vertuoza construction software makes your life easier and allows you to focus on the essentials of your business. With a single click, you can edit estimates, work schedules, site follow-up and invoicing, wherever you are. Much more than a software Vertuoza is inspired by the words "virtuous" and"virtuose" both in its name and in its philosophy. It's more than just a construction software or a site management application: it's the key to a perfect fit between the different elements of your business. What's more, Vertuoza is a win-win situation. The contractor gains time and efficiency, the client benefits from better service and the architect sees his project in the spotlight. **Seller Details:** - **Seller:** [Vertuoza](https://www.g2.com/sellers/vertuoza) - **Year Founded:** 2020 - **HQ Location:** Nivelles, BE - **LinkedIn® Page:** https://www.linkedin.com/company/vertuoza (107 employees on LinkedIn®) ### 23. [Work In Progress](https://www.g2.com/products/work-in-progress/reviews) Work In Progress is an integrated construction accounting software that includes job costs, accounts payable, checkbook, budgeting, change order control, customer billing and more. **Average Rating:** 1.5/5.0 **Total Reviews:** 1 **Seller Details:** - **Seller:** [Dedicated Software Solutions](https://www.g2.com/sellers/dedicated-software-solutions) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) **Reviewer Demographics:** - **Company Size:** 100% Small-Business ### 24. [Xpedeon](https://www.g2.com/products/xpedeon-as/reviews) Xpedeon is a purpose built construction ERP software that unifies your business critical workflows from office to site and beyond, to help drive profitability across all project types. It spans financial accounting, procurement, contract and change order management, cost and value reconciliation, supply chain management, underpinned by automated payments and native mobile app for site teams. By eliminating blind spots, Xpedeon unlocks dynamic collaboration and operational efficiency from project start to closeout. Scalable for single-project firms and multi-entity portfolios alike. - General Contractors: Margin protection and real-time project control - Specialist Contractors: Integrated workflows from quote to closeout - Housebuilders & Developers: Cost certainty and cash flow control - Engineer-to-Order (ETO): Project-based manufacturing visibility - Offsite Manufacturing: Factory and site integration with real-time tracking Full visibility. Faster decisions. Better margins. - Cost & Value Reconciliation (CVR) and cost-to-complete forecasting - Integrated procurement, inventory and supplier management - Contract and subcontract management with built-in compliance - Real-time mobile updates from site to office - Automated approvals, workflows and audit trails **Seller Details:** - **Seller:** [Algorithms Software](https://www.g2.com/sellers/algorithms-software) - **Year Founded:** 1994 - **HQ Location:** London, GB - **Twitter:** @Xpedeon (211 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/algorithms-software-ltd (102 employees on LinkedIn®) ## Parent Category [Construction Management Software](https://www.g2.com/categories/construction-management) ## Related Categories - [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) --- ## Buyer Guide ### 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.