The Best Construction Accounting Software In Ohio
Have you ever asked yourself if there is any accounting software that can handle job costing and invoicing for my construction business? This is a common question that we hear at Foundation Software. We know Ohio contractors need construction accounting software that excels at tracking labor, materials, and overhead costs for construction projects, which is important because the Ohio construction industry is set for major growth.
For example, Intel is investing $20 billion for two semiconductor plants in Licking County, and the Ohio Department of Transportation is spending $2.8 billion on over 900 infrastructure projects. Ohio contractors need software to help them handle large projects like these.
The challenge is that many construction professionals struggle with unpredictable costs, while other contractors lose sleep over the financial health of each project. Some professionals in the construction industry still rely on spreadsheets or generic accounting tools that weren't designed to handle the complexities of construction projects.
But there's a better way. Trusted by thousands of contractors nationwide, FOUNDATION® is the all-in-one construction accounting software designed to help crews in Ohio and beyond transform their finances and operations.
Our accounting software was developed by industry veterans who know the unique challenges faced by contractors in the field.
FOUNDATION is built to handle overhead costs for projects of any size: giving you the insights, efficiency, and control to build a stronger, more profitable construction business in Ohio.
The Growing Ohio Construction Industry
Over the next few years, Ohio will be home to major construction projects that contractors can take advantage of.
First off, Ohio has seen unprecedented growth in the construction of data centers. Major companies like Amazon Web Services, Google, and Facebook are investing billions of dollars for campuses of new data centers. Amazon is investing $3.5 billion to build more 5 data centers in New Albany, a suburb just outside of Columbus. This is the first part of a $7.8 billion plan to build over twenty-four data centers in Ohio.
In addition to the AWS data centers, Google is investing $1.7 billion to expand three data centers also located in New Albany.
However, data centers are not the only major construction projects that contractors can look forward to. Cleveland is set to begin a $250 million Innerbelt Modernization Plan that will improve interstates 71, 77, and 90. This project looks to include heavy highway construction as portions of I-71, the Innerbelt Trench, Central Interchange, and the Innerbelt Curve will be reconstructed.
With large projects like this, contractors need a construction management software solution to ensure projects are running on schedule and within budget.
What Are the Benefits Of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Ohio’s #1 Construction Accounting Software. From financial reports to real-time insights, contractors can get what they need to help improve their business.
Since 1985, Foundation Software has seen firsthand how accounting in construction 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
Ohio Construction Software For 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
- Copy and modify construction job cost budgets from past and current projects
- 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 Ohio construction companies is integral for your projects. As a leading construction software provider, we can help you closely monitor spending and stay within budget. You can build 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
With thousands of contractors nationwide choosing us, it’s easy to see why FOUNDATION is the leader in construction accounting.
We know the unique challenges construction leaders like you face in Ohio and we’ve developed cutting-edge accounting software to help you overcome the challenges of construction management.
We have combined:
- Construction job costing
- Certified payroll
- Accounts payable
- Accounts receivable
- General Ledger
- Construction reporting and analytics
- CPA Audit/Review
- Mobile Time Tracking
We help reduce accounting mistakes and give contractors the visibility and control they need to maximize profitability.
Whether you are struggling with job budgets, certified payroll, cash flow, or want to simplify accounting processes, FOUNDATION has proven solutions built for you.
With almost 40 years of experience serving the construction industry, we are the number one choice for Ohio contractors who want to transform their business.
