Construction Inventory and Material Management

Many construction companies are opting for construction inventory management software to track their inventory.

This type of software allow companies to review and adjust:

• Material orders and their schedules
• Quantities
• Price levels
• Locations

By gathering all this information, construction companies can improve their inventory auditing, inventory valuation and inventory forecasting processes to maximize ROI.

There are many options for inventory tracking software, but FOUNDATION specifically allows contractors to:

• Compile inventory reports to manage the budget and determine ROI
• Link inventory receipts to your purchase orders and A/P invoices to easily track costs
• Sync and share inventory data with the Job Cost Module and Accounts Receivable Module

Overall, FOUNDATION gives contractors the tools to effectively manage their inventory to improve their overall construction project management.

FOUNDATION’s Inventory and Material Management Module gives users the tools they need to improve inventory monitoring.

Contractors can use FOUNDATION to determine:

• The location of their supplies
• Quantity of materials
• How much each item costs
• The value of each item

Being able to view this information at a moment’s notice allows contractors to maximize their long-term profits.

Although some accounting software integrates with inventory software, FOUNDATION is unique because it offers a built-in inventory module which automatically syncs with the construction accounting software.

This powerful pairing gives users access to more tools to make more informed decisions about their supplies, equipment and job costing throughout their construction projects.

Ultimately, the built-in inventory module helps contractors minimize costs and maximize profits with real-time budget and inventory monitoring.

FOUNDATION offers construction equipment management. Users can easily monitor equipment across multiple jobsites allowing contractors to more effectively manage their teams, schedules and construction projects.

Users can transfer equipment to other sites in a few short clicks to gain more control over resource allocation.