The Best Construction Accounting Software In Virginia
Virginia contractors have to deal with a lot of challenges. One of them shouldn’t be looking through spreadsheets to make sure their jobs are profitable. That’s why Foundation Software has designed the best construction accounting software in Virginia to help contractors streamline their financial operations and boost their bottom line.
With almost 40 years of servicing the construction industry, we know how time consuming it can be for contractors from Alexandria to Virginia Beach to have to rely on generic accounting software and spreadsheets.
That’s why we created accounting software for contractors. By leveraging features designed for the unique needs of the construction industry, Virginia 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
- Save time and reduce errors by eliminating manual data entry
If you’re tired of dealing with inaccurate cost tracking or if you’re lacking real-time insight you, need a better solution.
FOUNDATION® accounting software.
FOUNDATION isn’t just accounting software — it’s a powerful 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 help them build stronger, more profitable businesses.
When you choose FOUNDATION, you get accounting software designed to handle everything from job costing to payroll, accounts payable to general ledger, and more! You’ll have everything you need to make informed decisions about what each project takes to be profitable, avoid cost overruns, and prevent underbilling.
Tired of guessing where your profits are going? FOUNDATION can help you master job costing and build a more profitable construction company.
The Growing Virginia Construction Industry
The Hampton Roads Bridge-Tunnel Expansion is the largest heavy highway construction project to happen in Virginia. Almost ten miles of I-64 in Norfolk and Hampton will be widened and there will be new twin tunnels crossing the harbor. This project will cost over $3.9 billion and is one of the largest infrastructure projects in the United States.
In addition to the bridge-tunnel expansion project, The Virginia Department of Transportation is also investing more than $1 billion to improve I-95 between Exit 148 and 130, with several projects aimed to help address the gridlock on the interstate.
Another project that began site prep in 2024 is the Long Bridge Project. The goal of this project will be to expand the 120-year-old two-track railroad bridge that connects Washington D.C., and Virginia. The plan for this project includes two new pedestrian and bicycle bridges as well as five new rail bridges.
These projects all have large budgets that will have long project timelines that require accurate job costing. Contractors need accounting software to make sure they avoid cost overruns and that their projects remain profitable.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Virginia'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
As a contractor, your time is valuable, which means you don’t have time to tab through spreadsheets or search how to make generic accounting software fit your jobs. You need construction software designed to help you handle everything from a small commercial project to a megaproject.
Imagine the time you’d get back to focus on securing projects if you could spend less time bookkeeping. That’s why you need accounting software designed for the construction industry.
We know the unique challenges Virginia 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!
Whether you need help to improve job costing, manage certified payroll and complex wage laws, or want more insight into your project profitability, 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 Virginia contractors who want to transform their business.
