A construction accounting software featuring detailed job costing and financial reporting.
Foundation software blends standard accounting functionalities like accounts payable, accounts receivable, and general ledger with construction-specific features such as job costing and purchase orders/subcontracts. The integrated modules ensure efficient data flow across different sections, like linking payables to job costing and receivables to the general ledger.
Customization and Additional Modules: Users can enhance their system with a variety of additional modules and integrated tools. These include scheduling, inventory, equipment, time & material, unit price billing, fixed assets, service dispatch, an executive dashboard, and a consolidated general ledger for extensive financial reporting. These modules allow users to customize the core software to their specific business needs.
FOUNDATION is ideally suited for small to medium-sized, labor-intensive contractors, but larger construction businesses also utilize it. The typical clientele ranges from companies with 10 to 1,500 employees and annual revenues of $1 million to $250 million.
The software is predominantly used by trade contractors (80% of users), with the remaining being general contractors and a substantial portion in heavy construction.
Overall it covers everything that we needed. It’s very comprehensive - it’s very awesome - just a fully detailed program that’s everything we need. It was definitely less expensive than Jonas. The representative I spoke with was pretty awesome and he guaranteed full customer support and I fully believe so we’re definitely looking forward into that.
Comprehensive, pricing, support
We have decided to go with Foundation and will be live with them soon. We are coming from QuickBooks and we are anxiously waiting to finally switch to a platform made for our contracting needs.
The pricing was right in the middle of all the systems we reviewed and at the end that was the reason we went with them. I really liked the ability for the system to add on features in the future if we need them.
For example, we outsource our payroll right now but we plan on bringing it internal at some point. It is nice to not have to pay for features we do not need.
Ability to add on features in the future.
Priced in the middle of the market
When I first met with our CPA, he said we chose the right software. That made us feel even better about the choice.
FOUNDATION gives us a lot of opportunities with remote communication. We can take photos on the jobsite and upload them. If there’s an issue, the mechanic can know immediately. And for my reports, I used to have to print everything out, but I don’t even have a binder anymore. I can do it all electronically.