Construction & maintenance accounting software
Optimize your workflows and ensure accurate job costing to enhance efficiency and control.
One platform to unite your CRM & accounting tasks
Accounting in the construction & maintenance industry is complex due to its project-based nature. You need a way to easily track expenses, monitor budgets, manage resources, and view profit-and-loss reports in real time.
Built natively on Salesforce, Accounting Seed integrates CRM and accounting functions, centralizing all your data. This all-in-one platform streamlines workflows and handles the intricate timelines, contracts, variable costs, and multiple stakeholders that define construction accounting. And, because it’s all in the cloud, you can access it from anywhere.
The benefits of Accounting Seed
Make peak productivity your new standard
Efficiency
All of your data is in one place, empowering your team to streamline operations and focus on project management.
Faster payments & enhanced visibility
By expediting client payments and getting real-time insights into AR and AP statuses, you can enhance cash flow management and project budgets.
Data accuracy & cost savings
Reduced manual entry helps you minimize billing errors, track costs accurately, and avoid substantial late payment penalties.
Stronger supplier relationships
Automated payments will go out to your suppliers on time, building trust and leading to both a steady supply chain and better service terms.
Features for construction accounting
Better software for those building the future
Labor costing
Easily track employee hours and expenses, allowing for precise cost management and payroll adjustments based on different pay structures.
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Budget management
Enhance your financial planning by comparing actual results to the projected budget. Being able to monitor real-time job data can also improve future bids.
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Salesforce Connectors
As part of the Salesforce ecosystem, you can seamlessly integrate with all its applications, simplifying inventory management and customer billing.
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Multi-book accounting
Get comprehensive insights into your business by recording transactions once and maintaining both cash-basis and accrual-basis records.
Learn moreBefore Accounting Seed, we were not able to measure KPIs about project and product profitability. We couldn't see indirect versus direct costs related to work orders or how our estimators and sales reps are really doing. We are very fortunate to have all of that now in an integrated solution.
JaeNae Remala Controller
Read LionHeart's success story
How Construction Accounting Software Enhances Project Management and Profitability
Learn how our construction accounting software helps enhance profitability and project management.
Construction Accounting Software: If You Build It, They Will Come
Why would a potential client choose your construction company to take on a big project? Believe it or not, the answer lies in your construction accounting software.
See Accounting Seed in action
Experience the ease of managing your CRM and construction accounting tasks on a single platform.
Schedule a demoFrequently Asked Questions
FAQs
What is the best accounting software for a small construction business?
Small construction businesses need software that is easy to use, cost-effective, and offers robust features. Accounting Seed is the best choice for construction companies as it is a unified, all-in-one platform built on Salesforce that seamlessly unites your CRM data and financial information.
What kind of accounting do construction companies use?
Construction companies typically use job cost accounting, a specialized method that focuses on tracking costs and revenues connected to each project. Most accounting software updates financial data to your CRM on a delayed basis. Accounting Seed, on the other hand, provides real-time monitoring, enabling businesses to manage budgets and expenses to up-to-the-second accuracy.
What is the best accounting software for a construction company?
With so many moving parts in each construction project, having an accounting solution that streamlines operations, improves efficiency, and enhances overall project management is essential. Accounting Seed helps construction companies achieve this by consolidating data in one place, automating manual tasks, and allowing greater customization and integration options through Salesforce.
What software is used in construction accounting?
Construction companies need a comprehensive accounting software that tracks job costs and payroll, simplifies budget management for each project, and generates real-time financial reports to support timely decision-making.
How do construction companies record accounting transactions?
Businesses in this industry have to record direct costs—such as labor, materials, and subcontractor fees—as well as indirect costs, including equipment usage and administrative overhead. Accountants rely on construction accounting software to input and categorize expenses, generate invoices, process payroll, and produce financial reports.
What features should construction companies look for in accounting software?
- Automation: construction companies can save time and reduce errors by automating daily transactions and other manual tasks.
- Project & equipment tracking: monitor the financial utilization and costs of equipment, machinery, and tools.
- Financial reporting: access real-time financial reports, such as P&L statements, to eliminate delays and support faster decision-making.
- Job costing: crucial for construction companies when allocating labor costs, auditing project expenses, and accurately billing subcontractors.
Can AR and AP processes be automated for construction companies?
Yes. With AR and AP Automation, construction companies can do things like send invoices, collect payments, pay subcontractors, reconcile payments, and more—all in one unified platform. By automating your AR and AP processes you can save hundreds of hours each month and, in turn, thousands of dollars.
How much does construction accounting software cost?
Accounting Seed offers affordable, flexibly-priced accounting software for construction companies—priced according to the number of users, ledgers, and extensions your company requires. This allows construction companies to tailor the software to their specific needs and budget.