The Best Construction Accounting Software In Kansas
Are you worried that your construction projects could be leaving money on the table? If you’re relying on spreadsheets or accounting software that isn’t designed for the construction industry, your profit margins could be smaller than you’d like. That’s why you need the best construction accounting software in Kansas.
When you have to rely on spreadsheets or software to give you real-time financial information on your projects, you could be susceptible to cost overruns or underbilling. With the rising cost of materials, it’s even more important to have accurate numbers to ensure your projects run as smoothly as possible.
That’s why contractors need accounting software designed for the construction industry. By leveraging features designed for the construction industry, Kansas contractors can:
- Gain real-time project insight and job cost tracking to maximize profitability
- Simplify complex tasks like revenue recognition, billing, and payroll
- Get better cost management on their projects
- Stay compliant with the Davis-Bacon Act, certified payroll, and state-specific regulations
- Prepare for audits and reviews with confidence
Contractors would have to spend a lot of time digging through spreadsheets to handle all of this.
But there's a better solution: FOUNDATION® accounting software.
FOUNDATION isn’t just accounting software — it’s a powerful financial management solution built by construction industry professionals who understand the unique challenges that contractors have to manage. Over 40,000 construction professionals across the country trust FOUNDATION to simplify their finances and help them build a profitable business.
FOUNDATION helps Kansas contractors address specific challenges like:
- Revenue recognition
- Certified payroll
- Scheduling invoices or creating recurring invoices
- Simplifying accounting processes
- Managing union payrolls
- Construction CPAs audit and review
FOUNDATION is the all-in-one construction accounting software designed to help Kansas construction businesses transform their finances and operations. We built our accounting software to help you manage costs and ensure projects are running on schedule and within budget. Keep reading to discover how FOUNDATION can help you.
The Growing Kansas Construction Industry
Kansas is home to several large construction projects that are excellent opportunities for contractors.
The Johnson County Nelson Wastewater Treatment Facility project started in early 2023 and isn’t scheduled to be done until 2029. This $574 million project will update the wastewater infrastructure, help ensure that the system can handle weather events, and grow its treatment capacity.
The U.S. 69 Expansion Project in Overland Park will cost $570 million and be completed in 2025. It will widen the highway and add an express toll lane.
Another large project is at the University of Kansas. The university received $75 million for the construction and building of a cancer center.
Kansas State University Ag Innovation Initiative received $25 million that will go towards facility upgrades, expansion, and new construction.
With projects like the expansion of U.S. 69, the University of Kansas Cancer Center project, and the Johnson Counting Nelson Wastewater Treatment Facility improvements, contractors need accounting software to help them ensure that they have accurate job costing and access to real-time financial insights that can help them manage these larger projects so that they can scale their business.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Kansas' #1 Construction Accounting Software. From financial transactions to real-time insights, contractors can get what they need to help improve their business growth.
Since 1985, Foundation Software has seen firsthand how construction accounting software can transform financial management for contractors, construction companies, and their employees.
Here are some benefits you get with an accounting platform designed specifically for this industry.
Even with all these benefits, some contractors opt for off-the-shelf accounting software, but for the complexities you face, you need software designed for your business.
Now, let's look at some of the accounting features you get from FOUNDATION.
FOUNDATION Construction Accounting Software
Our cutting-edge construction accounting solution accurately tracks the details of every job with customized drill-downs, so you aren't blindsided by cost overruns or unexpected expenses.- Job Costing
As a contractor, you need to know exactly where every dollar, hour, and quantity goes on your jobs. With the FOUNDATION Job Costing Module, you get Microsoft® SQL Server®-powered reporting, which means stress-free job costing across the date range you need.
You'll be able to:
- Review project cash flows
- Allocate overhead
- Generate work-in-progress (WIP) reports
- Get real-time job costing: production reports, estimated vs. actual, percent complete
- Receive automated alerts to avoid cost or labor overruns
Job costing software for construction companies is integral for your projects. With FOUNDATION, you can closely monitor spending and stay within budget. You can build job budgets with your company's job cost structure and compare project performance against estimated revenue, costs, labor hours, and quantities.
Using job costing software improves your financial oversight and planning capabilities, helping you maximize profits and operate more efficiently.
Get The Best Construction Accounting Software From Foundation Software
Making sure projects are running on schedule and within budget is critical for contractors. Accounting software, or spreadsheets, that weren’t designed for the construction industry can increase the chance of unexpected costs, delays, and underbidding.
You need construction software that is designed to help ensure that your business can provide accurate job costing and real-time insights so you can monitor the financial health of your projects.
When contractors need to make sure that their projects are profitable and running efficiently, they need accounting software designed to do exactly that. That’s why so many contractors have chosen FOUNDATION to help their businesses handle projects with the financial accuracy they need.
We know the unique challenges Kansas construction companies face. With our cutting-edge accounting software, you can connect the jobsite to the construction office to help you manage costs and grow your business.
We have combined:
- Construction job costing
- Mobile time tracking
- Certified payroll
- Construction inventory and material management
- Accounts payable
- Accounts receivable
- General Ledger
- Construction reporting and analytics
- And more!
Whether you need help with creating accurate job budgets, certified payroll, or getting accurate reporting, FOUNDATION has the solutions for you. We’ll help reduce accounting mistakes and give you the visibility you need to ensure that your projects are a success.
Don’t let spreadsheets hold you back from taking on bigger projects and scaling your business. Go with the best construction accounting software in Kansas to help you handle everything from small projects to megaprojects. Schedule your FREE demo today and transform your business!
