The Best Construction Accounting Software In South Dakota
Are you worried that your construction projects could be leaving money on the table? If you’re relying on spreadsheets or accounting software that isn’t designed for the construction industry, your profit margins could be smaller than you’d like. That’s why you need the best construction accounting software in South Dakota.
FOUNDATION® provides the solution contractors need, offering powerful accounting tools specifically designed for the construction industry.
Our accounting software offers a suite of features to address the needs of construction companies. Here's why contractors across the state are making the switch:
- Real-time Job Costing: Maximize profitability with real-time project insights
- Streamlined Accounting: Simplify revenue recognition, billing, and payroll
- Staying on Budget: Meet strict requirements and ensure project success
- Error Reduction: Increase efficiency with automated accounting processes
- Audit-Ready: Prepare financial statements with confidence
FOUNDATION isn’t just accounting software — it’s a comprehensive financial management solution built by construction veterans who understand your challenges.
Over 42,000 construction professionals across the country trust FOUNDATION to simplify their finances and help them build stronger, more profitable businesses.
Don’t take our word for it; hear what others like Pamela B. have to say about using our accounting software, “We found that FOUNDATION handles all our needs, from accounting to very detailed job costing. Payroll with the Job Cost Module is very easy... and gives us exactly what we need.”
FOUNDATION helps contractors address specific challenges like:
- Revenue recognition
- Scheduling invoices or creating recurring invoices
- Simplifying accounting processes
- Maintaining project budgets
- Construction CPAs audit and review
But that's just the beginning. Keep reading to discover how our accounting software can revolutionize your project management, boost your profitability, and give you a competitive edge in South Dakota’s construction industry.
The Growing South Dakota Construction Industry
South Dakota is home to several large construction projects that are excellent opportunities for contractors to take advantage of.
Construction on the South Veterans Parkway Project began in 2023 and is expected to continue to 2027. This multi-phase project will add 9 miles of new roadway to connect the South Veterans Parkway to the northern segment of Veterans Parkway.
The Bridge Improvement Grants (BIG) has awarded $1.8 million that will go to fund major bridge projects throughout South Dakota. The counties of Brookings, Codington, and Union have four bridges that will be improved while many other counties will have at least one bridge that will undergo construction.
Another large project that is currently in the approval process is the new women’s prison in Rapid City, and the renovation of the men’s penitentiary in Sioux Falls. The women’s prison was originally estimated to cost $60 million and the men’s was estimated at $330 million. Their budgets are still not set as of yet as there have been discussions on the actual costs with some reports of it reaching $656 million, making it the one of the largest capital investments in the state’s history.
With major infrastructure investments across South Dakota, from the extensive South Veterans Parkway Project to the potential $656 million correctional facilities upgrade, contractors need financial management tools designed for the construction industry to handle these projects.
Construction accounting software is essential for tracking job costs, managing subcontractor payments, and ensuring compliance with government contracting regulations.
These specialized solutions help contractors maintain accurate progress billing, monitor project costs against approved budgets, and handle certified payroll requirements - critical capabilities for successfully managing large-scale infrastructure and institutional construction projects throughout South Dakota.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing South Dakota’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 construction 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
Is your construction accounting holding you back? FOUNDATION® isn't just accounting software; it's the ultimate construction accounting solution designed for South Dakota’s construction industry.
Why FOUNDATION Leads in Construction Accounting Software:
1. Total Job Control:
- Real-time construction accounting updates
- Precision job costing for enhanced profitability
- Construction-specific general ledger
- Integrated construction accounting features
2. Field-to-Office Synergy:
- Mobile time tracking with GPS
- Automated certified construction payroll
- Seamless materials and inventory accounting
3. Financial Mastery:
- Custom construction accounting reports
- Multi-project cash flow management
- Audit-ready financial statements
- Advanced construction accounting reporting
4. Construction Expertise:
- Tailored for construction challenges in South Dakota
- Compliance with local regulations
- Optimized for South Dakota’s unique construction landscape
With nearly 40 years of construction accounting innovation, FOUNDATION empowers contractors to build stronger, more profitable businesses. Our construction accounting software drives growth and maximizes your business’ profitability.
Join thousands of successful construction companies who've transformed their accounting processes with FOUNDATION.
We are South Dakota’s best construction accounting software for contractors who want to transform their business. Experience the power of construction-focused accounting software that understands your business inside and out.
