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Construction Software: The Benefits of the Right Software Tools

Construction management software packages provide financial accounting and operational modules designed specifically with contractors in mind. With software designed to address the way your construction firm works, you can low your operational costs, track jobs, and make business decisions based on accurate, up to date financial information. Get up to speed on the accounting software tools you need to help your contracting business succeed.

Overwhelmed? We’ll help you find your ideal software solution, absolutely free!

Find out why thousands of businesses trust Find Accounting Software to help narrow down thousands of options to a managable list of top recommendations. There’s no pressure, no obligation, and no cost. Sound good? Let’s get started!

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter

Building your company with the right tools

In today’s age, no contractor would think of taking on a project without their power tools. Paradoxically, though, many construction companies still use manual accounting methods to try to build their business. Smaller contractors frequently attempt to cut costs by using pen and paper almost exclusively. Larger companies often have a hodgepodge of unconnected software programs that may not have been designed specifically for the unique needs of contractors.

Having inadequate software tools yields similar results to being under-equipped on the job site. It takes longer to get things done, the results are not as good, and it’s more expensive in the long run. While a nailgun may cost 10 times as much as a hammer, every contractor will make the investment in order get jobs done in a fraction of the time, ensure consistent results, and bring labor costs down. Of course, the same logic applies to software. Today, successful contracting businesses are making the decision to prepare themselves with the right tools to effectively manage their construction accounting.

The value of integrated construction accounting software

But many construction companies who have invested in accounting software still may find themselves struggling with inefficient processes. In cases where investments in software failed to deliver the expected results, skepticism towards additional investment is a fairly natural result. One of the main culprits for inefficiency is the lack of a single integrated system. Many companies start off with less expensive bookkeeping systems. The natural tendency is to try to find “work-arounds” where the main system comes up short. After a while, there’s often the official books and a whole other set of financial data tracked on paper and in spreadsheets. Because data is not centralized, it’s difficult for decision-makers to make sound business decisions. Many businesses struggle to keep up with schedules for labor and equipment usage, expected cash in- and out-flows, and even the completion status of a job in progress. Of course, without accurate info in these areas, it’s nearly impossible to maximize the profitability of job scheduling and resource allocation.

Software designed with the contractor in mind

The good news is that the software industry has responded to these challenges with software programs designed specifically for the unique needs of contractor businesses. Construction accounting software packages speak a language that is familiar to companies in the industry. These packages naturally handle basic accounting tasks such as receiving payment, paying bills, and creating top level financial reports. But they also address construction specific issues such as: work in progress, percentage of completion, retainage, job costing, estimated vs. actuals reporting, job profitability, project management, and change orders.

There are a number of signs that you can look for to see if it is time to increase the power of the software tools you use to ensure your company’s efficiency and profitability.

How to tell if you might need construction accounting software

Construction accounting software may provide an answer to increasing productivity and revenues, if you:

  1. Experience difficulty assessing job profitability before or after jobs,
  2. Re-enter the same data in multiple areas,
  3. Have trouble easily scheduling labor and equipment,
  4. Find yourself waiting for materials, equipment, and labor to become available to perform work,
  5. Are unable to determine when a job will be completed,
  6. Struggle with disappearing profit margins when the full costs of a job are calculated.

Taking the next steps

Construction software is has a number of unique features and finding the right solution for your type and size of business can be difficult. If you are at the point where you are ready to find which construction software options are right for you, we can help. Through a brief phone call, our software specialists will look to better understand your business and software needs to help you locate a handful of solutions suited for your specific requirements. Get started today!

Popular Construction Software Products

Looking for software for your construction business? Over the years, we’ve helped match thousands of businesses just like yours with great software. Below you can check out a list of the options most commonly considered by others in your industry. Browse for fits or let us help you find the best choices for your needs.

Which software is right for you? Get quick and accurate recommendations.

What if you could simply tell someone about your software needs and they’d find your best choices? Look no further. We’ll listen to your needs and find your top software matches. That’s it. There’s no pressure, no cost.

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter
  • Sage 100 Contractor by Sage

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  • Spectrum Construction Management Software by Dexter + Chaney

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  • Basic Builder by CDCI

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Your Construction Software Recommendations

Ready to find out which software solutions are best suited for your business? Great! Understanding that you are searching for your construction business gives us a good start. We’ve helped many companies find everything from single modules to full financial management systems. With a bit more information about your unique needs, we’ll narrow down to the choices meeting your specific functional requirements.

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