History & Philosophy

Foundation History

When Fred Ode, CEO/Chairman of Foundation Software, started his company in 1985, he had a single goal: to build a company that would be a dominant force in the construction accounting software industry. A high school math teacher turned computer programmer and entrepreneur, Fred didn’t always have such an intense focus.

Throughout his twenties, he fluctuated between teaching and traveling extensively across the United States and Europe, sometimes with little more than a backpack and pocket change. It wasn’t until he enrolled in an MBA course at Cleveland State University that he discovered his true passion—programming.

After working for several years as the lead programmer analyst for a large contractor, Fred designed and wrote the original version of his construction accounting software, the Wang mini-computer-based Foundation Accounting System. This version quickly transformed into a DOS-based system, and the Windows® version of FOUNDATION was released in 2000.

Since then, Foundation Software has released multiple products and services to serve the construction industry: mobile applications, online payroll portals, a cloud version of FOUNDATION, Payroll4Construction.com—a payroll service just for the construction industry, and more.

Throughout its history, Foundation Software has retained a unique style of business that promotes creativity from employees, as well as steady business growth. Our service, support and product continue to reflect this commitment to quality today.

Foundation Philosophy

Young Fred Ode, founder of Foundation SoftwareFoundation Software’s dedication to continuous improvement has made us a software company that never loses pace with technology. Since 1985, we have assisted thousands of construction clients from across the United States with their accounting, job costing and financial software needs.

We are also dedicated to establishing long-term relationships with our construction clients. Our commitment to excellence in software support and customer service together with our solid growth plan mean that we’ll always be here to support our accounting software.

We invite you to view the online FOUNDATION construction software demo or to call us and schedule a demonstration. We’re confident you’ll find FOUNDATION to be the best construction accounting software on the market.