RedTeam is a true cloud application built and optimized for construction by people that know the business. From collaboration through accountability, RedTeam is the most comprehensive project management and accounting solution for commercial construction.
Connect RedTeam to QuickBooks Online for a complete Construction Accounting solution for Commercial Contractors and Subcontractors.
Once connected, RedTeam and QuickBooks operate together as one system. RedTeam enters all project-related transactions into QuickBooks (including Customers, Projects, Vendors, Cost Codes, Customer Billing, Vendor Invoices, and Employee Time and Expenses) and automatically reflects associated Receipts and Payments recorded in QuickBooks.
RedTeam creates industry-standard AIA-Style G702/G703 Progress Billing forms, and handles all of the unique requirements of Construction Accounting including Schedules of Value, Changes, Customer Retainage and Stored Material.
RedTeam has comprehensive features for processing Construction Payments, such as Progress Billing, Vendor Retainage, Time of Payment Clauses, Joint/Alternate Payees, Lien Waivers, Change Orders, Back Charges and Insurance Certificates.
Job Cost is the foundation for Construction Accounting and Project Management. RedTeam produces real-time job cost reports linked directly to QuickBooks Online. In addition, revenue recognition based on industry-standard percentage of completion ensures a more accurate top line, so you can better control your bottom line. RedTeam produces a full Work in Progress (“WIP”) schedule with calculation of over and under billing by accounting period.
In business, we all know, we get what we measure. Instead of cobbling together bits and pieces of data from separate systems, RedTeam and QuickBooks produces accounting reports precisely optimized for the business of construction.
Ratio of reviewers by organization size.
Once I learned the difference between accounting and construction accounting, I realized that Red Team was the clear choice for me. There is not a better job costing and reporting program for commercial construction and I’ve been in this industry for over 25 years. These guys have it figured out and I’m beyond happy with not having to spend thousands of dollars a year on a clunky ERP system.
The Reporting, easy and available in real time
Hard to find something that I can criticize, I would like to see a smoother process for getting all of our data into their system but granted we had almost 20 projects to bring in