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This guide compares six options in accounting software for construction companies and explains what matters for finance teams on the job. You will find how each product handles AP, AR, WIP, and real-time job costing. We outline billing formats like AIA, cost-plus, T\&M, and lender draws.
We also cover retainage control, approvals, and audit trails. Compliance topics include multi-jurisdiction tax, lien waivers, and role-based access.
Finally, we note integrations that connect field, office, and analytics so data stays current. Use these points to judge fit, reduce manual work, and improve visibility across projects and entities.
Built for teams focused on job costing and progress billing, this accounting software for construction companies brings AP, AR, WIP, and reporting into one place. It tracks budgets and cash flow in real time, supports AIA, cost-plus, T\&M, and lender draw billing, and automates critical approvals.
Managers drill from dashboards to source transactions, match invoices to commitments, and manage retainage. Labour, materials, and change orders flow into job costing without duplicate effort.
The outcome is fewer mistakes, faster billing cycles, and clearer profitability at every project stage. OData connects analytics to live data so decisions stay timely.
BuildOps is a specialized platform built for commercial contractors. The solution directly addresses specific challenges that professionals face when maintaining critical infrastructure like hospitals and power plants, instead of adapting generic software.
Since 2018, BuildOps has provided an all-in-one solution that eliminates multiple disconnected systems. The software's complete approach to project oversight makes it work well for construction companies:
The platform makes complex processes simple with optimized features. RFIs automatically create potential change orders. Daily reports help field teams flag work outside the scope and reduce budget risks.
BuildOps gives contractors strong compliance features in their construction accounting software. AIA billing becomes easier with optimized retainage billing that maintains accuracy and compliance.
The platform uses enterprise-grade security protocols with automatic backups and cloud hosting, guaranteeing 99.9% uptime, though documentation is limited. Their Trust Center explains more about data protection measures.
The platform connects well with financial software without disrupting existing workflows.
Main integration partners include:
These connections automate data transfers between operations and finance, eliminating manual entry. The platform has fewer native integrations than competitors, despite its focus on accounting connections.
NEWSTAR Enterprise is a complete ERP solution built specifically for residential builders. The system powers every phase of construction in homebuilding businesses. Companies can track their financial details with precision.
NEWSTAR Enterprise is an ERP system that handles projects from single-family homes to high-rise condominiums.
The platform serves as a central data hub that:
Builders save money with NEWSTAR by eliminating double payments during development. The platform automatically spreads listings across online channels to sell properties faster.
Teams that use accounting for construction companies need strong compliance tracking.
NEWSTAR Enterprise helps by:
Keeping records of warranty service performance for subcontractors, sending instant alerts about important warranty dates and changes, and following customer data through sales and production.
The system includes progress billing for commercial and industrial projects, with accurate payment schedules that help build better vendor relationships.
NEWSTAR Enterprise merges well with other systems.
The platform:
Connects with builder websites to attract visitors and generate leads. Works with SEO/SEM tools to find qualified prospects. Connects to social media platforms to strengthen customer relationships. Builds custom websites that match business needs
The platform also gives mobile access to field staff. They can check and update schedules on the go while the system automatically notifies homebuyers, staff, and suppliers.
BuildTopia from Constellation HomeBuilder Systems provides a cloud-based solution designed specifically for residential homebuilders. This accounting software brings all construction company tasks together in one central hub.
BuildTopia's web-based construction management system helps you manage every step of the homebuilding process.
The platform combines these key functions:
The platform's single-entry estimating system eliminates the need for multiple software packages and double data entry. Information flows directly between vendor bids, cost codes, project details, budgets, and purchase orders to save time and money.
Need reliable accounting for construction companies? BuildTopia's immediate scheduling tools help maintain regulatory compliance through accurate documentation. The platform tracks projects in detail and provides complete visibility of tasks and problems. Teams can create custom reports with current data to make better decisions.
BuildTopia blends naturally with popular accounting systems:
Microsoft Dynamics integration provides uninterrupted synchronization between construction processes and financial features. This simplifies accounts payable/receivable, general ledger, purchase orders, job costing, and tax compliance.
SupplyPro serves as the digital backbone of residential construction in North America. The platform connects over 17,500 suppliers with 90% of national builders. This cloud-based platform differs from typical accounting software for construction companies because it specializes in supply chain management.
Builders and suppliers can manage jobs, orders, and schedules through a centralized hub in one portal. SupplyPro's value comes from two key features. The platform provides up-to-the-minute data analysis of schedule obligations and completed work. Users can track jobs by superintendent or builder through its streamlined order management system.
SupplyPro's easy-to-use interface bridges communication gaps that often occur in construction projects. Teams can access a unified digital repository that stores every update, order, and interaction. The platform costs just $1.00 USD per month, making it available for companies that need accounting for construction companies at an affordable price.
Electronic signatures and digital documentation help SupplyPro optimize lien release processes. The platform eliminates the need for printing, faxing, and filing paperwork. The system maintains strict controls over document access, logs updates automatically, and creates a complete trail of changes.
SupplyPro Connect, an optional module, sends data directly to your back-office systems.
This integration:
SupplyPro Connect users report significant improvements in material delivery timing and accuracy.
Maestro*ERP has powered Canadian construction accounting for over three decades, serving more than 10,000 users across the country. This complete construction management and accounting solution works for construction companies of all types.
Maestro*ERP acts as your daily companion that blends project management, accounting, payroll, billing, equipment tracking, and more into one platform. Teams in the field can access live data from anywhere through this cloud-based system, which creates a virtual office.
The platform tracks precise project data throughout the entire process. You can manage costs live and choose from various billing options like progressive, flat-rate, and cost-plus. The system includes complete supply management with catalogs, inventory, and requisitions.
The payroll module is built specifically for construction companies. It handles industry committees and unions with direct CCQ connections to update rates. Teams can record site hours daily, and administrators can adjust them later.
The cloud environment provides better security and improves accounting practices for construction companies.
Maestro*ERP Connector makes data exchange between systems smooth and eliminates manual data entry. Projects, suppliers, and costs stay in sync, which gives both field workers and office staff current project data.
The software works with Microsoft Office applications and uses XML technology for transactions and web services. This setup helps accounting and project management teams communicate better and speeds up approvals for time-sensitive tasks.
The right system should centralize costs, strengthen controls, and speed billing without adding extra steps. Look for clear drill-downs, bank feeds, and matched invoices that keep commitments accurate.
Make sure approvals, document storage, and change-order tracking support audits and reduce risk. Confirm support for required tax rules and certificates. Prioritize integrations that sync crews, vendors, and reporting tools so decisions rely on live data, not exports. Among the options,
Premier Construction Software shows strong job-cost alignment and analytics through OData. Select the tool that aligns with your scale, field process, and reporting needs for steady financial clarity.
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