The Best Construction Accounting Software In Maine
Maine’s construction industry is thriving, and the opportunities are growing every day. But are you getting your share of the profits? For contractors looking to scale their operations, having the right construction accounting software isn't just helpful – it's essential for success in Maine's competitive market.
You need FOUNDATION® – Maine's trusted construction accounting software solution.
Maine contractors face unique challenges. As projects grow more complex and regulations tighten, you need specialized construction accounting software that scales with your business while ensuring compliance with Maine's strict contractor requirements.
With FOUNDATION, you get more than just accounting software. You get a comprehensive financial management system built specifically for Maine contractors by construction industry veterans who understand your challenges.
Over 40,000 construction professionals trust FOUNDATION to manage their operations.
Unlike generic accounting solutions or basic spreadsheets, our construction accounting software provides Maine contractors with:
- Real-time project insights and job cost tracking to maximize profitability
- Automated revenue recognition, billing, and certified payroll processing
- Maine-specific compliance tools and reporting capabilities
- Streamlined workflows that reduce errors and save time
- Comprehensive audit trails and financial controls
One of our partners, Joseph M., puts it best: "My process has been substantially simplified, and my efficiency has grown, thanks to the powerful features of FOUNDATION. For me, it has been a game-changer to be able to manage activities like time tracking, billing, document management, and customer contact on one platform. The reporting and analytics feature of the program have also given me insightful information on the productivity and profitability of my company."
FOUNDATION isn't just about keeping books – it's about building stronger, more profitable construction businesses for Maine contractors. Whether you're a general contractor in Augusta or a specialty contractor in Lewiston, our construction accounting software adapts to your specific needs.
Ready to transform your construction business? Keep reading to discover how Maine contractors are using FOUNDATION to boost profitability and gain a competitive edge.
The Growing Maine Construction Industry
Maine is home to several large construction projects that are excellent opportunities for contractors to take advantage of.
The Maine Department of Transportation has allocated a $4.7 billion infrastructure plan for 2024-2026. $846.2 million is dedicated to over 260 bridge projects. $684 million is earmarked for 285 miles of highway construction and rehabilitation, and $618 million is set aside for highway and bridge maintenance work.
The Cross Town Battery Storage Facility in Cumberland County broke ground in 2024. The 175-megawatt battery storage project is expected to be completed in 2025.
The University of Maine broke ground on the 50,000-square-foot Green Engineering and Materials facility in late 2024. The facility will incorporate Factory of the Future, which uses digital manufacturing technologies for UMaine students. The project is estimated to be completed in 2026.
Maine wants to build a $760 million port that will accommodate the assembly and deployment of floating wind turbines. Maine wants to produce 3 gigawatts of offshore wind energy by 2040.
With billions in infrastructure spending and groundbreaking energy projects, contractors need the financial tools to compete for these opportunities.
Construction accounting software helps you manage complex project finances, track job costs accurately, and maintain the detailed documentation these large-scale projects demand.
Whether you're bidding on bridge projects, contributing to renewable energy initiatives, or working on educational facilities, the right construction accounting software empowers you to scale your operations while maintaining precise control of your finances.
What Are the Benefits of Using Integrated Construction Accounting Software?
There are a number of advantages to choosing Maine’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 Software, 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
Take control of your construction business today with FOUNDATION's construction accounting software. Stop wrestling with spreadsheets and manual processes that take up valuable time.
Our solution gives Maine contractors the real-time insights and automated tools they need to succeed.
With FOUNDATION, Maine contractors get more than software – they get a proven path to improved efficiency and profitability. Here's what makes us different:
- Construction Time Tracking: Boost accuracy and reduce administrative time with our mobile construction time tracking app that works anywhere in Maine.
- Real-Time Project Insights: Access instant data on project budgets, job costs and profitability – whether you're on jobsites in Portland or in your office in Bangor.
- Data-Driven Decisions: Make smarter choices with powerful reporting and analytics that help you spot trends and optimize cash flow.
- Simplified Payroll & Compliance: Handle construction payroll processing with confidence, including certified payroll and prevailing wage management.
- Efficient Payment Management: Speed up your payment cycles with streamlined accounts payable and receivable processes.
Don't compromise with generic accounting solutions. Choose construction accounting software that truly understands Maine's construction industry. With FOUNDATION, you gain more than software – you get a partner invested in your success.
Ready to stop losing money to inefficient processes? Join more than 40,000 contractors who trust FOUNDATION. Schedule your personalized demo today and discover why we're Maine's leading construction accounting software.
Your more profitable future starts with the best construction accounting software in Maine.
