The Best Construction Accounting Software In Tennessee
Are you worried that your construction projects could be leaving money on the table? If you’re relying on generic accounting software instead of construction-specific software, your profit margins could be smaller than you’d like. That’s why you need the best construction accounting software in Tennessee, FOUNDATION® accounting software.
When you're using accounting software that isn't designed specifically for the construction industry, you could be susceptible to cost overruns and underbilling. With the rising cost of materials, it's crucial to have accurate numbers to ensure your projects run as smoothly as possible.
That's why contractors need accounting software that can meet their unique needs.
By leveraging features tailored for the construction industry, Tennessee contractors can:
- Gain real-time project insight and job cost tracking to maximize profitability
- Simplify complex tasks like revenue recognition, billing, and payroll
- Meet strict budget requirements and ensure project success
- Streamline accounting process for increased efficiency and reduced errors
- Prepare for audits and reviews with confidence
But don’t take our word for it. Here is a review from one of our satisfied customers, “What a godsend! FOUNDATION saved me hours of work, and of course, it eliminated errors! I also can't say enough about the staff at Foundation Software and how incredible they are.” Kelly C.
FOUNDATION isn’t just accounting software — it’s a comprehensive financial management solution built by construction veterans who understand your challenges. Over 40,000 construction professionals across the country trust us to simplify their finances and empower them to build profitable businesses.
Ready to take control of your job costing and build a thriving construction business? Discover how FOUNDATION can transform your business.
The Growing Tennessee Construction Industry
Tennessee is home to several large construction projects that are excellent opportunities for contractors to take advantage of.
The Dongwha Manufacturing Plant is a construction project in Clarksville, Tennessee. The $70 million project for Dongwha will create a manufacturing plant that produces critical components for electric vehicles. The project is expected to be completed in the third quarter of 2025.
BlueOval City is a $5.6 billion project in Stanton, TN, that will be an automotive manufacturing facility creating electric pickup trucks, electric vehicle batteries, and battery recycling facilities. The plant is expected to be operational in 2025.
Clarksville is also home to another large project, the $3.2 billion LG Chem project. The facility will create key components for electric vehicle batteries and is planned to be completed by the end of 2025.
Contractors bidding on large projects need construction-specific accounting software, not generic tools or spreadsheets. Leveraging a construction accounting platform provides a competitive advantage, helping you scale your business, stay profitable, and secure these high-value jobs.
Unlike one-size-fits-all solutions, contractor-focused software is designed to handle the demands of the construction industry. With features like advanced job costing, progress billing, and project management allow you to bid confidently, manage expenses, and invoice accurately.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Tennessee’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
Spending too much time on manual accounting tasks or struggling to pull detailed reports from a spreadsheet? Experience the benefits of our construction-focused accounting software.
With thousands of contractors choosing us, it's clear why FOUNDATION is the leading construction accounting solution.
We understand the unique challenges facing Tennessee construction companies. Our cutting-edge accounting platform empowers you to connect the jobsite to the construction office, helping you manage costs and grow your business.
Our comprehensive construction accounting software combines:
- Job costing
- Mobile time tracking
- Certified payroll
- Inventory and material management
- Accounts payable and receivable
- General Ledger
- Reporting and analytics
We can help you design and customize specialized construction accounting reports and financial statements to maximize profitability.
Whether you need assistance with job budgets, certified payroll, cash flow, or generating accurate reports, FOUNDATION has the tailored accounting software solutions you need.
With nearly 40 years of experience serving the construction industry, we are the best construction accounting software for Tennessee contractors who want to transform their business.