The Best Construction Accounting Software In Washington
One of the questions we often get asked is, “How can accounting software help my construction projects?” There are a number of ways software helps Washington contractors manage complex finances and ensure profitability. Spreadsheets and off-the-shelf accounting software won’t get the job done. That’s why you need the best construction accounting software in Washington.
Accounting software for contractors helps them:
- 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
Don’t rely on spreadsheets or generic software to make your job profitable.
But there's a better solution: FOUNDATION® accounting software, with its unique features and tailored solutions, stands out as the top choice for Washington contractors.
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 FOUNDATION to simplify their finances and empower them to build stronger, more profitable businesses.
FOUNDATION helps Washington contractors address specific challenges like:
- Revenue recognition
- Job profitability
- Scheduling invoices or creating recurring invoices
- Simplifying accounting processes
- Maintaining project budgets
- Construction CPAs audit and review
Ready to take control of your job costing and build a thriving construction business in Washington? Keep reading to discover how FOUNDATION can transform your business, saving you time, reducing errors, and ensuring project success.
The Growing Washington Construction Industry
There are a number of construction projects in Washington that are excellent opportunities for contractors to take advantage of.
The Puget Sound Gateway Program aims to connect Washington’s highway and freight networks. It started in 2015 and is planned for completion in 2029, costing a total of $2.6 billion. The electrification of Washington’s ferry system. Washington has one of the largest ferry systems in the United States, and they will be transitioning to help the reduce emissions.
The project is estimated to cost $3.9 billion and will include vessel charging systems and changing 16 ferry terminals.
In addition to electrifying the ferry system, Washington is also investing $138 million in electric vehicle charging infrastructure.
With the number of large projects that will be ongoing in Washington, contractors need construction management software to ensure that they run the most economical project possible to improve their profitability. With an in-depth look at their job costs, contractors can pinpoint costs to prevent cost overruns or underbilling.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Washington #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
Construction projects are complex; tracking costs and payments can be challenging if you’re using generic accounting software.
However, when you use accounting software designed for the construction industry, you can:
- Improve job profitability
- Get accurate cost estimates
- Integrate systems instead of cobbling together spreadsheets and paper receipts
- Reduce manual entries leading to errors
- Adjust budget to avoid scope creep
With thousands of contractors choosing us, it’s easy to see why FOUNDATION is the leader in construction accounting software.
We know the unique challenges Washington 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!
We can help you design and customize countless construction accounting reports and financial statements so that you can maximize profitability.
Whether you need help with job budgets, certified payroll, cash flow, or getting accurate reporting, FOUNDATION has the solutions for you.
With almost 40 years of experience serving the construction industry, we are the best construction accounting software solution for Washington contractors who want to transform their business.
