Construction Management

Commercial Construction Accounting Software Features

As an Acumatica partner, IBS specializes in helping commercial developers, construction managers and owner/operators deploy Acumatica’s accounting and enterprise resource planning (ERP) software to meet your needs today and grow with you in the future.

As a boutique firm, we’re big enough to take care of all your needs but small enough to really care about you. When you need support, you can make one phone call to get help whether it’s related to networking, software, integration, or operations. We’re here for you.

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Project Management

A complete view of the construction project details that provides updates to the management team with any changes from the customer or the field.

See dashboard example.

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Workflows

Use the standard workflow or create custom workflows for large projects, including estimating, scheduling, and approvals with electronic signatures.

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Budgets

Budgets directly link to contracts, accounting, and the project plan for managing hard and soft costs, change orders, profits, overheads, and fees in real time.

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Contracts

Links between contract details and sub-jobs in the project plan include all addenda and change orders.

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Subcontracts

Subcontractors stay current on project needs from bidding through payment, including flexible retainage options.

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Project Billing

Confirm details and automatically generate pro forma, progress, and time and material invoices from one screen, including quick billing.

See pro forma invoices example.

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Retainage

For both accounts receivable and payable, manage initial retainage and any changes to streamline invoicing and payments. Retainage tracking is supported for progress billing and time and material billing of projects. Plus, project cost commitments are calculated with respect to retainage in purchase orders.

See retainage example.

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Change Management

Control changes of the project budgeted and committed values and control the profitability of every change initiated by a customer. The change order is a document for profitability analysis and an audit trail of changes to the project revenue budget, commitments, and budgeted costs.

 

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Construction Mobile App

Quickly check key reports on phones and tablets and give staff and subcontractors the tools to enter job and equipment time cards. Access the complete system over any device, and search for all project details from one global search box.

See mobile app example.

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Commitments

Subcontracts and purchase orders are immediately updated from accounts payable, including comparing budgets with actual and standard costs based on sub jobs and industry standard cost codes.

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Compliance

Manage lien waivers and releases, insurance, certificates, and status updates, providing expiration and other alerts to staff and suppliers.

See compliance example.

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Job Costing

Enhanced costing tracks codes, types, and sub-jobs to keep project management and accounting in sync on actual and standard costs.

How to Compete for New Business with Construction Job Costing

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Joint Checks

Purchase requisitions, contracts and inventory control integrate with subcontracts to simplify project and joint check management.

 

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Payroll

Support multiple unions, locals, classes, benefit packages, and complex wages, as well as certified wages and executive compensation.