The Best Construction Accounting Software In Missouri
Missouri's construction industry is growing, but many contractors struggle with inefficient accounting processes that drain time and resources.
Without reliable construction accounting software, these professionals often find themselves drowning in spreadsheets, missing critical financial insights, and risking costly errors that can jeopardize project success.
That’s why you need construction accounting software - a game-changer for Missouri's builders and contractors.
By harnessing powerful tools tailored to the unique demands of the construction sector, business owners can revolutionize their financial management and propel their companies to new heights of profitability and efficiency.
Here's how the right construction accounting software can transform your Missouri contracting business:
- Precision job costing: Gain granular insights into project expenses, labor costs, and material usage, enabling you to make data-driven decisions that boost your bottom line.
- Streamlined billing cycles: Automate complex invoicing processes, including progress billing and retention management, to improve cash flow and reduce administrative burdens.
- Compliance confidence: Stay ahead of Missouri's regulatory requirements with built-in features that simplify tax reporting, certified payroll, and lien waiver management.
- Real-time project visibility: Access up-to-the-minute financial data across all your job sites, empowering project managers to make informed decisions and prevent cost overruns.
- Integrated subcontractor management: Seamlessly track subcontractor payments, insurance certificates, and performance metrics within a single, unified platform.
- Cloud-based collaboration: Enable secure, remote access to critical financial data, fostering better communication between field teams and office staff.
- Custom reporting: Generate tailored financial reports that provide actionable insights for stakeholders, from project owners to bonding companies.
- Scalable solutions: Choose software that grows with your business, accommodating everything from small projects to large-scale commercial developments across Missouri.
By investing in construction accounting software, Missouri contractors can overcome the limitations of generic accounting tools and spreadsheets.
This specialized technology simplifies day-to-day financial tasks and provides the strategic insights needed to thrive in the competitive construction landscape.
But don’t go with the first accounting software provider you find. Go with the one that has helped over 40,000 contractors streamline their construction financials. Go with FOUNDATION® accounting software.
Hear what a difference our software made for one of our customers, “We weren't able to run accurate reports because we were very limited on how job costing worked in QuickBooks®. FOUNDATION has completely changed that! We are able to automate so many things such as Job Costing, Material Tracking, Payroll, Invoice approvals for AP.” Toni D.
When you choose FOUNDATION, you’ll have everything you need to make informed decisions about what each project takes to be profitable, avoid cost overruns, and prevent underbilling.
Tired of guessing where your profits are going? Keep reading to discover how FOUNDATION can help you.
The Growing Missouri Construction Industry
Missouri is home to several large construction projects that are excellent opportunities for contractors to take advantage of.
One of Missouri's most recent construction projects is the $70 million women’s soccer stadium for the Kansas City Current, which was completed in time for the 2024 soccer season.
Another large project is the $250 million Paragon Star development in Lee’s Summit. The development will have 10 soccer fields, office space, hotels, and retail space. The second phase of the project started in 2023 and is ongoing.
I-70 is getting a $2.8 billion overhaul. This six-phase project will cover 200 miles of I-70 and is expected to start in the summer of 2024, and is estimated to be completed in 2027.
With large projects like the Paragon Star and heavy highway construction projects like the I-70 overhaul, 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 Missouri’s #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
If you’re spending more time on accounting tasks or trying to pull detailed reports from a spreadsheet, see what a difference our accounting software can make for you.
With thousands of contractors choosing us, it’s easy to see why FOUNDATION is the construction accounting leader.
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 Missouri to help you handle everything from small projects to megaprojects. Schedule your FREE Demo today and transform your business!
