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Best Construction Accounting Software for Builders in 2025

February 11, 2025

best construction accounting software

I’ve never worked a day in construction. I’ve never pored over blueprints, managed subcontractors, or worried about material costs. But I know this: managing money in any business is hard, and construction is a different beast.

The first time I researched the best construction accounting software solutions, I was struck by how different they are from standard accounting tools. I came across terms (progress billing, job costing, retainage) that don’t appear in a typical accounting software tutorial. I imagined a contractor juggling project deadlines, surprise expenses, and change orders while also trying to keep track of invoices and payroll. No wonder so many construction businesses struggle to stay profitable.

That’s where the best construction accounting software makes all the difference. It’s designed specifically for the industry, helping contractors, builders, and project managers precisely track every dollar. The best ones help businesses avoid financial pitfalls before they happen.

So, after digging deep into the many construction accounting software options, I’ve rounded up the best ones available today. Whether you’re a small contractor looking for a simple solution or a large firm that needs powerful integrations, I will help you find the right fit.

Save big with these 7 construction accounting software solutions I tested

I see construction accounting software as a specialized tool designed to handle the unique financial needs of construction businesses. Unlike regular accounting software, it includes features like job costing, progress billing, and subcontractor management, making tracking project expenses and profitability easier. From what I’ve learned, it helps contractors stay on top of budgets, payments, and compliance without getting lost in spreadsheets.

How did we find and evaluate the best construction accounting software?

I explored construction accounting software at all levels, from basic invoicing and expense tracking tools to advanced platforms with job costing, payroll integration, and real-time financial reporting. I evaluated their core functionalities, tested them across different construction accounting scenarios, and reviewed feedback from industry professionals to understand real-world performance.

 

I analyzed hundreds of G2 reviews and cross-referenced my findings with G2’s Grid Reports to gain additional insights, focusing on accuracy, usability, efficiency, and overall value. After thorough testing and research, I’ve compiled a list of the best construction accounting software for businesses of all sizes.

In cases where I couldn’t personally test a tool due to limited access, I consulted a professional with hands-on experience and validated their insights using verified G2 reviews. The screenshots featured in this article may be a mix of those captured during testing and ones obtained from the vendor’s G2 page.

From what I’ve seen, the best construction accounting software makes managing finances in the construction industry much more efficient. It helps track costs in real time, ensuring that projects stay on budget. These accounting solutions for construction simplify payroll, even when workers have different pay rates across multiple job sites. The right software automates invoicing and billing based on project milestones, reducing manual work. Most importantly, it provides clear financial insights so construction businesses can make better decisions and avoid unexpected costs.

Before you buy construction accounting software, see how I evaluated them

Here’s what I considered while testing the best construction accounting software.

  • Job costing and budget tracking: I’ve seen that construction accounting software needs to go beyond standard bookkeeping and provide detailed job costing features. I want to break down costs related to materials, labor, subcontractors, and equipment to see exactly where money is spent on each project. If a tool can track costs in real time, that’s even better because it helps avoid budget overruns. Some software also includes cost-to-complete forecasting, which helps predict a project's cost based on current expenses. Without strong job costs, a construction company might struggle to stay profitable.
  • Data security and compliance: Handling financial data comes with risks, so I always look at the security measures in place. Strong encryption (like AES-256), multi-factor authentication (MFA), and role-based access control (RBAC) are essential to protect sensitive financial data. Since construction businesses often deal with large contracts, compliance with industry standards like SOC 2, GDPR (for international projects), or IRS regulations for tax reporting is also crucial. If a software provider doesn’t clearly outline their security protocols, that’s a red flag.
  • Real-time financial reporting: I want instant access to financial data without pulling multiple spreadsheets together. The best construction accounting software offers real-time reporting so I can quickly check a project’s financial health. This includes dashboards with key metrics like budget vs. actual costs, profit margins, and outstanding invoices. Some advanced solutions also provide cash flow projections and automated alerts when expenses exceed budgets. 
  • Multi-entity and multi-currency support: Multi-entity accounting is necessary for construction businesses operating across multiple locations or handling international projects. I check whether the software allows managing separate financials for different subsidiaries, job sites, or divisions within one system. Multi-currency support is another important factor. The software should automatically handle exchange rates and financial reporting in different currencies if a company works with international suppliers or contractors. Without these features, businesses may struggle to keep their financials organized at scale.
  • Real-time collaboration and role-based access: Real-time collaboration is important since construction projects involve multiple stakeholders: contractors, subcontractors, and accountants. I check if the software allows role-based access, meaning different team members can access only the financial data relevant to them. For example, project managers might need to view budgets but not payroll details. Some software also supports audit trails, which track changes made to financial records, ensuring accountability and security. 
  • Business intelligence tools: Basic accounting reports aren’t always enough, so I check whether the software includes advanced analytics and business intelligence (BI) tools. Features like customizable dashboards, drill-down reports, and data visualization help businesses gain deeper financial insights. Some high-end solutions integrate with BI platforms like Tableau or Power BI, allowing users to create custom financial reports. If a system only provides static reports without customization options, it might not be powerful enough for growing businesses that need detailed financial analysis.
  • Tax and compliance automation: Construction accounting involves complex tax calculations, including sales tax, payroll tax, and project-based tax liabilities. I check if the software can automatically calculate and file taxes, ensuring compliance with local, state, and federal regulations. Some solutions even offer W-9 and 1099 tracking, simplifying contractor payments and tax reporting. If tax compliance features are missing, businesses might face penalties or spend extra time on manual tax filing.

To be included in the construction accounting software category, a product must:

  • Specialize in accounting solutions tailored exclusively for the construction industry rather than catering to multiple sectors
  • Deliver financial management tools specifically designed to meet the needs of construction businesses
  • Provide accounting insights at the individual project and overall company levels
  • Create financial reports that comply with industry regulations, risk management standards, and safety guidelines

*This data was pulled from G2 in 2025. Some reviews may have been edited for clarity.  

1. Procore

I can see how Procore’s real-time project cost tracking could be beneficial. It appears to help monitor budgets, change orders, and actual costs, making it easier to stay on top of a project's financial health. Unlike some platforms where cost tracking can feel disjointed, Procore reportedly consolidates all financial data in one place, reducing the chances of discrepancies. This kind of system seems valuable in preventing budget overruns and unexpected costs.

I understand that managing change orders without a centralized system can be a nightmare. Procore is designed to streamline this process, allowing users to create, track, and approve change orders without relying on multiple spreadsheets or endless email chains. Since the system records every adjustment, it enhances accountability and minimizes disputes with subcontractors or clients.

I love Procore's ability to simplify submitting and reviewing payment applications. Reducing paperwork and enforcing a structured submission process helps subcontractors get their applications right the first time. Automated tracking of invoices and payments would also be useful in avoiding missed or duplicate payments, which can be a common issue in construction accounting.

procore

Procore's most frequently mentioned strength is its ability to maintain detailed compliance records. A system that logs every document, approval, and financial transaction can make audits smoother. I like that you can digitally store everything instead of manually sorting through piles of paperwork to find a past transaction.

A common frustration I’ve heard is the limited customization options for financial reports. While Procore provides standard templates, they don’t always fit specific reporting needs. Many users export data to other tools just to format reports as needed, which adds unnecessary steps and reduces the efficiency of an integrated accounting system.

Another challenge I’ve seen reported is that many subcontractors struggle with Procore, especially when submitting invoices or updating financial information. Since some subcontractors still prefer traditional methods like paper invoices or emails, it can be difficult to use the software’s capabilities fully. This can create friction and slow financial processes if extra guidance is required.

While Procore’s mobile app works well for field-related tasks, I’ve seen users complain about its limited financial management features on mobile devices. Users often need to approve invoices or check financial reports on the go, but some key features are not as easily accessible as on a desktop. Switching to a laptop for certain tasks seems inconvenient, but it could be better with a more robust mobile interface.

What I like about Procore:

  • I can see how having a centralized system for real-time project cost tracking would make managing construction budgets much easier. Instead of relying on spreadsheets or manually updating financials, Procore provides a single place to monitor budgets, change orders, and actual costs.
  • I know how frustrating it can be when subcontractors submit incomplete or incorrect payment applications, leading to delays and extra work. Procore eliminates much of that hassle by enforcing a structured process that ensures applications are done correctly the first time.

What G2 users like about Procore:

“Procore has taken everything we do daily as a construction manager and structured it in a simplified and easily trackable way by all levels of the management team. Procores' ability to provide a structured and accountable layout across all trade partners' contract documents, including subcontracts, RFIs, submittals, invoices, change orders, etc., is unmatched. The Procore team is truly revolutionizing the construction industry.”

- Procore Review, Cory C.
What I dislike about Procore:
  • I don’t like that the mobile experience isn’t as smooth as it should be for financial tasks. If key features are harder to access on a mobile device, that would be a major inconvenience, especially when making quick financial decisions in the field.
  • I’d find it frustrating to export financial data just to get reports in the format I need. While Procore offers standard reporting templates, they don’t always provide the flexibility needed for customized financial analysis.
What G2 users dislike about Procore:

“There are difficulties in customization and issues with mobile app functionality.”

- Procore Review, Matthew Ricci R.

Struggling with budget overruns? Try the best construction estimating software solutions to track job costs and manage finances at every project stage.

2. Deltek ComputerEase

One thing I value in construction accounting software is the ability to manage documents efficiently. From what I’ve seen, Deltek ComputerEase offers a way to store and attach financial records, invoices, and payroll documents in one place. That would be a huge advantage in an industry where losing a critical document can cause major delays. I can imagine how much easier it would be to pull up records without digging through multiple files or folders.

Running projects in multiple locations can be a logistical nightmare, so having software that keeps financials streamlined would be a big deal. From what I understand, Deltek ComputerEase makes it possible to track job costs across different sites in a way that keeps everything organized. I know how difficult it can be to manage expenses for multiple projects at once, so being able to separate financial data while still keeping it under one system sounds incredibly useful. 

I also like that Deltek ComputerEase provides detailed cost tracking, allowing companies to precisely monitor labor, materials, and overhead. That insight would be extremely useful when staying within budget and avoiding unexpected expenses. Automated cost allocation could also reduce human error, which is always a concern when dealing with financial data.

Deltek ComputerEase handles payroll calculations automatically, taking into account different pay rates, overtime rules, and union regulations. It could save much more time than manually entering all that data. Certified payroll reporting is another feature that stands out to me since compliance is such a big issue in the industry. This is an appealing option if a company needs to process payroll for multiple crews quickly and accurately.

deltek computerease

I’ve seen that certain accounting functions like adjusting accounts receivable (AR) general ledger entries or reconciling accounts seem to require multiple steps that could slow things down. I know from experience that extra clicks and menu navigation can add up, turning simple tasks into tedious ones.

I like having options, but there’s a fine line between versatility and unnecessary complexity. Deltek ComputerEase offers many features, but I can see how that might be a downside for some businesses. I know how easy it is to get lost in a system that tries to do everything, especially if many of the features aren’t relevant to my needs.

What I like about Deltek ComputerEase:

  • I’ve seen that Deltek ComputerEase offers a centralized place to store financial records, invoices, and payroll documents. I can imagine how much time this would save compared to digging through physical files or scattered digital folders.
  • I like that Deltek ComputerEase provides detailed cost tracking. Accurately monitoring labor, materials, and overhead would help prevent cost overruns.

What I like about Deltek ComputerEase:

“The best thing I feel Deltek ComputerEase does is accurately track job costs to understand how to manage jobs to profitability. In addition, I feel it helps estimate new projects. Estimators bidding similar jobs they have in the past can look at similar jobs to understand if their estimate needs adjustment.”

- Deltek ComputerEase Review, Alyson N.
What I dislike about Deltek ComputerEase:
  • From what I’ve seen, some accounting tasks in Deltek ComputerEase, like adjusting AR general ledger entries or reconciling accounts, seem to require more effort than necessary.
  • Deltek ComputerEase tries to cover a lot of ground, which could overwhelm companies that don’t need every function. I know how easy it is to get lost in a system offering too many tools, especially if many aren’t relevant to the business.
What I dislike about Deltek ComputerEase:

“I wish updating the AR general ledger was simpler. I don’t like updating every deposit or ACH payment. Initially, the software helped cut my bank reconciliation time by half until we signed up for Bill and Pay. I’m back to spending two hours on bank reconciliation every month. Bill and Pay deposits certain amounts separately but doesn’t allow me to import a breakdown of which payments were included daily, making it difficult to match deposits accurately.”

- Deltek ComputerEase Review, Jessica M.

Need tools to design and optimize infrastructure projects? Try the best civil engineering design software we’ve tested this year. 

3. GCPay

I see how GCPay significantly reduces the manual effort required to manage compliance documents and payments. Instead of chasing down lien waivers, insurance certificates, and other paperwork, the system ensures everything is in place before processing payments. This would lower the risk of compliance issues and make audits far less stressful.

One of GCPay's biggest advantages is the ability to instantly check the status of invoices and payments without constant follow-ups. I expect this to reduce the need for back-and-forth emails and phone calls between general contractors and subcontractors. If everyone involved can log in and see exactly where things stand, that should minimize disputes and miscommunication.

I’ve gathered that GCPay helps eliminate common invoicing errors by ensuring subcontractors submit properly formatted pay applications. That alone could prevent a lot of frustration since invoice mistakes often lead to payment delays and extra work for accounting teams.

gcpay
Retainage tracking has always been a complicated part of construction payments, so it makes sense that GCPay’s automation could make this process easier. Instead of relying on manual spreadsheets to keep track of withheld amounts and release dates, the system handles that automatically. I can see how this would make final payments more predictable for subcontractors and reduce the risk of disputes over outstanding balances.

One concern I’ve seen mentioned is that GCPay’s customer support can sometimes respond slowly. If an issue affects payments, I imagine waiting several days for a resolution would be frustrating. Since construction finance is often time-sensitive, any delays in getting technical assistance could create bottlenecks in the payment process.

GCPay is designed to streamline standard payment workflows, which might make it less flexible for companies with unique processes. If a contractor needs to handle partial payments, special approval structures, or other exceptions, the system may not always accommodate those easily. I think having to work around these limitations could lead to extra manual work, defeating some of the purpose of automation.

Another drawback seems to be that changes made in an accounting system don’t always sync seamlessly with GCPay. If cost codes, vendor details, or payment terms are updated in the main accounting software, they might not automatically reflect in GCPay. That could lead to discrepancies requiring manual fixes, an extra step that users probably wouldn’t expect. I can see how frustrating this would be, especially if a company relies on the software to provide an accurate, up-to-date picture of its financials.

What I like about GCPay:

  • I see how GCPay would take much of the stress out of managing compliance documents. Instead of manually tracking lien waivers, insurance certificates, and other paperwork, everything is integrated into the payment process. This would lower the risk of last-minute issues holding up payments.
  • Real-time payment statuses reduce miscommunication between general contractors and subcontractors. Instead of making calls or sending emails just to get an update, everyone involved can log in and see exactly where things stand.

What G2 users like about GCPay:

“What I like best about GCPay is that it removes much human error from the subcontractor billing process. Subcontractors' Schedule of Values must equal their subcontract value. Their math always adds up on their billings. There are no missing formulas. They cannot overbill a line item or bill for change orders that aren't approved.

All of this has saved countless hours of accounting time on our part. Also, having the integration with Intacct is crucial to us being able to use GCPay. Evan and the entire team were very helpful to us in converting the integration from Sage 300 to Intacct.”

- GCPay Review, Dominique J.
What I dislike about GCPay:
  • A slow response from customer support could be a real issue when payments are at stake. If a problem prevents an invoice from being processed, I imagine waiting days for a resolution would be frustrating.
  • While I like how GCPay automates many standard payment processes, it may not suit companies with unique workflows. The system's rigid structure could become challenging if a contractor needs to handle partial payments, special approval chains, or other exceptions.
What G2 users dislike about GCPay:

“There are certain aspects that GCPay lacks, such as flexibility for customization. The software is not very flexible, which implies that sometimes we cannot get it to work in ways that are perfect for what we want. This has caused some inconveniences to our operations as a business entity. Also, the customer support can be less responsive than expected. There have also been instances where solving some of these challenges was a little slow, thus making it difficult to respond to problems as and when they arise.”

- GCPay Review, Enrique E.

Struggling to manage construction projects? Explore the best construction project management software.

4. Sage Intacct

One thing I appreciate about Sage Intacct is how efficient journal entries are. The system streamlines the process, making it easy to enter, edit, and review transactions without unnecessary delays. This efficiency makes financial tracking much smoother for a construction business dealing with frequent cost adjustments, payroll entries, and revenue recognition.

I like how Sage Intacct allows construction accountants to handle multiple aspects of a single invoice in one place. In construction, invoices often include multiple cost categories—materials, labor, subcontractors, and overhead—so managing them without switching between different modules saves time. Instead of bouncing back and forth between different tools, I appreciate the ability to manage complex transactions from a single interface.

I appreciate how Sage Intacct can scale as a construction business grows. Unlike some accounting solutions that become cumbersome with increased transactions and projects, this system can handle expanding operations without losing efficiency. The software doesn't slow down or become harder to use as the number of projects, subcontractors, and employees increases.

sage intacct-2
Compliance with financial regulations, tax laws, and industry-specific accounting standards is always a concern in construction. Sage Intacct has built-in compliance features that help ensure transactions and reports align with required standards. This means fewer headaches when dealing with audits, tax filings, or regulatory changes. I like that accountants don’t have to spend as much time double-checking whether the financial records are meeting compliance requirements.

I have noticed some users complain that searching transactions can be more difficult than it should be. When dealing with construction projects, it’s common to have numerous transactions tied to different vendors, projects, and job sites. It slows financial management if I can’t quickly pull up a specific transaction based on multiple criteria.

While I understand the need for accounting controls, I find it frustrating that Sage Intacct has limitations when modifying posted transactions. In construction, unexpected changes happen constantly—cost adjustments, incorrect entries, or reclassifications are just part of the job. However, if I make a mistake or need to correct a posting, the system’s restrictions can make it more complicated than necessary.

While customization is possible, I don’t find the built-in reports particularly useful for construction-specific accounting needs. Many construction firms rely on job costing, work-in-progress tracking, and retention reporting, but Sage Intacct doesn’t provide these out of the box in a way that feels tailored for the industry.

What I like about Sage Intacct:

  • One aspect I appreciate about Sage Intacct is how efficiently it handles journal entries. In construction accounting, where frequent cost adjustments and payroll entries are routine, a system streamlining this process can be a huge advantage.
  • I like how Sage Intacct allows construction accountants to manage multiple aspects of a single invoice from one place. Since construction invoices often include different cost categories—materials, labor, subcontractors, and overhead—having all these elements in a single interface seems like a practical solution.

What G2 users like about Sage Intacct:

“Sage has many ways to customize your data, from transaction types to general ledger entry categories to inventory details. The individual modules are fairly easy to learn and equip for all levels of entry detail.”

- Sage Intacct Review, Will T.
What I dislike about Sage Intacct:
  • I have noticed some users mention that searching for specific transactions in Sage Intacct can be more difficult than expected.
  • While I understand the importance of maintaining accounting controls, I find it concerning that Sage Intacct has limitations regarding modifying posted transactions.
What G2 users dislike about Sage Intacct:

“In the Reporting section, we face several issues. For example, we cannot easily compare YTD to LYTD. Sometimes, contacting customer support is difficult as there’s no proper chat service where we can report problems and get solutions quickly. Additionally, if the number of transactions is high, the software often crashes while exporting them. In the reports section, different reports sometimes show different balances, which creates confusion.”

- Sage Intacct Review, Pankaj P.

5. Acumatica

One of the things I find reassuring about Acumatica is its ability to create a strong audit trail. Financial transparency is essential in construction accounting, and having a system that tracks every transaction in detail is a big plus. With multiple project stakeholders, disputes over financial records can become a nightmare, so I like that Acumatica helps prevent those issues.

From what I understand, Acumatica doesn’t take forever to implement, and that’s a huge advantage in construction. Delays in rolling out new software can create chaos, and I wouldn’t want to deal with that while managing active projects. A fast implementation means you can transition to payroll, invoicing, and cost tracking without major disruptions.

Construction accounting comes with a lot of repetitive tasks, and I don’t think you should waste time on things that should be automated. Acumatica’s automation features would save you a lot of effort on payroll processing and invoice approvals. Instead of constantly double-checking numbers, I like Acumatica’s ability to let you focus on making financial decisions that impact project success.

acumatica-2
I like how Acumatica lets you manage multiple projects or entities under one system. Acumatica lets you oversee financials across different business units, which is crucial in construction, where companies often operate under different legal structures. Instead of manually consolidating reports, I can track everything in one place, saving time and reducing mistakes.

While Acumatica allows for reporting, I’ve noticed that it doesn’t come with enough pre-built templates for construction-specific needs. I don’t want to spend extra time configuring job cost breakdowns and compliance reports when they should be available by default.

Even though Acumatica supports multi-company accounting, it doesn’t seem as straightforward as I’d like. If I were managing several construction entities, I’d want intercompany transactions to be seamless, not something I have to navigate through workarounds. I’ve read that certain processes like financial consolidation might take more effort than expected.

Switching accounting software isn’t easy, and I can see how migrating historical financial data into Acumatica might be frustrating. If I had years of financial records in another system, I wouldn’t want to deal with formatting issues or lost data. I’ve seen companies struggle with this transition, and I’d rather avoid that headache.

What I like about Acumatica:

  • I appreciate Acumatica’s strong audit trail because financial transparency is critical in construction accounting. With so many stakeholders involved, having a system that tracks every transaction in detail helps prevent disputes and keeps everything on board.
  • I like the quick implementation time. Delays in rolling out new software can create chaos, especially when managing active projects. A faster transition means minimal disruptions to payroll, invoicing, and cost tracking, which I’d want.

What G2 users like about Acumatica:

“We shifted from physical approvals to digital. Acumatica helps remove this process and makes our approval process more efficient. I love that we can also attach invoices or supporting documents to the software, making our audit process go smoothly. Their open API makes it easy for other applications to integrate; Ability to restrict sub-accounts by Branches/Companies to limit errors.”

- Acumatica Review, Lilly X.
What I dislike about Acumatica:
  • I find it frustrating that Acumatica doesn’t have enough pre-built construction-specific report templates. I don’t want to spend time configuring job cost breakdowns and compliance reports when those should be ready to use.
  • Migrating historical financial data into Acumatica seems like a major hassle. If I had years’ worth of records in another system, I wouldn’t want to deal with formatting issues or the risk of losing important data.
What G2 users dislike about Acumatica:

“It's been hard to import our historical data into Acumatica. This would include past quotes/orders/images that go with past orders.”

- Acumatica Review, Jamie B.

6. Spectrum

I like how Spectrum offers a full suite of accounting tools tailored for the construction industry. The software provides robust capabilities that fit industry-specific needs, from payroll management to job costing. Having all financial management tools in one place reduces the need for multiple platforms. This can improve workflow and ensure consistency in financial reporting.

Spectrum provides access to important financial data from the office and the field. This cloud-based functionality gives employees the flexibility to manage payroll, review invoices, and track job costs without being physically present. Remote accessibility is particularly useful for companies managing multiple job sites.

The ability to track job costs effectively is a major strength of Spectrum. I love how the software helps users monitor expenses, labor costs, and overall project financial health. By breaking down costs in detail, companies can ensure better budget management. Having clear visibility into project spending helps prevent cost overruns.

Spectrum
A frequent complaint about Spectrum is that it can sometimes lag or slow down, particularly when processing large amounts of data. I don’t like that certain actions, like generating reports or entering transactions quickly, can cause noticeable delays. This can be frustrating for teams that need to process financial data efficiently.

I’ve seen users complain about Spectrum’s inability to seamlessly integrate with external reporting tools, particularly Crystal Reports. Those relying on third-party reporting software might experience frustration when integrating data. If a company is used to working with a particular reporting format, this limitation could add extra work.

I don’t like Spectrum's lack of proper multi-screen support. This can be an issue for accountants or financial managers who must simultaneously work with multiple documents and reports. This limitation can slow down efficiency in an industry where quick access to different datasets is crucial.

What I like about Spectrum:

  • I appreciate that Spectrum is designed specifically for the construction industry and offers a full range of accounting tools. Having payroll management, job costing, and financial reporting in one system means less reliance on multiple platforms.
  • I find it valuable that Spectrum allows employees to access financial data from anywhere, whether in the office or out in the field. The cloud-based functionality makes it easier to manage payroll, track job costs, and review invoices without being physically present.

What G2 users like about Spectrum:

“It is easy to use for everyone (office and field). We have reached out to their support team and always had a quick response. I use the system every day and use multiple functions of the system with ease.”

- Spectrum Review, Misty A.
What I dislike about Spectrum:
  • I don’t like that Spectrum can sometimes lag, especially when processing large amounts of data. Running reports or entering transactions quickly can lead to noticeable delays, which can be frustrating for teams that rely on efficiency.
  • Spectrum's lack of multi-screen support is a disadvantage. Having multiple reports open at once can be essential when working with financial data, and I don’t like the way this inability means constantly switching between screens.
What I dislike about Spectrum:

“I wish we could have a double-screen session, but it only lets you use one screen.”

- Spectrum Review, Amy P.

7. JobTread

One of the things I appreciate about JobTread is how it helps with cost estimation and budgeting. Managing costs in construction can be a nightmare, but this software makes it easier to track expenses before a project begins. I like that it lets users see all projected costs in one place, which reduces the risk of going over budget.

I always value customer support, and JobTread seems to get that right. From what I’ve seen, their support team is highly engaged, and having a Facebook group full of other users sharing their experiences is a huge plus. I like knowing that I don’t have to figure everything out on my own if I ever have a question.

I don’t like dealing with messy spreadsheets and scattered job details, so I appreciate that JobTread keeps everything organized in one place. Users can track job progress, manage documents, and communicate with their team without switching between multiple platforms. Having a clean and straightforward interface allows them to spend less time searching for information and focusing more on the work that matters.

jobtread
Contracts and paperwork are just part of the job in construction, and I know how easy it is for things to get lost or overlooked. What I like about JobTread is that it centralizes all those important documents, so users don’t have to dig through emails or file cabinets. Pulling up a contract or referencing a document in seconds makes project management much smoother.

One limitation is the lack of a fully developed takeoff feature. Estimating materials is a huge part of construction, and not having this built into the software means users have to rely on a separate tool. I don’t like how that adds an extra step to the workflow.

Even though JobTread is supposed to be user-friendly, it still takes some time to get used to. Some features require a bit of trial and error before they feel natural, which I have to factor in.

Reporting is a big deal in construction accounting, and I like having the flexibility to create detailed, customized reports. I’ve seen that JobTread’s reporting tools work well, but they don’t seem as customizable as I’d like. I might run into some limitations if I needed highly specific reports—like detailed breakdowns of subcontractor costs or labor analysis.

What I like about JobTread:

  • I like how JobTread makes budgeting and cost estimation more manageable. Construction costs can quickly get out of hand, but this software helps users track expenses before the project even begins.
  • Good customer support makes a big difference, and I appreciate that JobTread delivers in this area. I don’t like feeling stranded when I run into software issues, so knowing that there’s a responsive support team is a huge plus.

What G2 users like about JobTread:

“I love the speed and ease of creating and editing project budgets and proposals. The platform is highly intuitive, easy to implement, and has top-notch customer support. We utilize this platform daily for everything project management-related, e.g., budgets, proposals, contracts, change orders, scheduling, invoicing, document storage, and client and trade partner communications. Integrating over from Co-Construct and Builder Trend was a breeze with the help of our project success manager, Marley Fisher.”

- JobTread Review, Anthony O.
What I dislike about JobTread:
  • One of my biggest drawbacks is that JobTread doesn’t have a built-in takeoff feature. Estimating materials is a key part of construction, and not having this tool means users have to use another software for that step.
  • Even though JobTread is designed to be user-friendly, I can see how there’s still a learning curve. Some features don’t feel immediately intuitive, so I’d need to figure things out.
What G2 users dislike about JobTread:

“Currently, I think JobTread has the most room for improvement with selections/specifications and in some areas with expense management and invoicing (particularly with cost-plus). That being said, I know they are currently working on updates to these features, so there's a good chance this will change in the next few months!

And as much as I love that JobTread displays so much information, there are some screens and dashboards I wish were a little more refined and user-friendly. Sometimes it can feel a little overwhelming at first (especially for those not as tech-savvy), but you get used to it.”

- JobTread Review, Justin M.

Best construction accounting software: Frequently asked questions (FAQs)

1. What is the best software for construction accounting?

Based on my research, Procore, Deltek ComputerEase, and GCPay are the best construction accounting software solutions.

2. Which method of accounting is best for a construction company?

The percentage of completion method (PCM) is often the best for construction companies, as it recognizes revenue and expenses based on project progress. This provides a more accurate financial picture, especially for long-term contracts. However, smaller contractors may prefer the completed contract method (CCM) to defer taxes until a project is finished. The best choice depends on contract length, company size, and tax strategy.

3. How do you record construction accounting?

Construction accounting is recorded using job costing, tracking expenses and revenue for each project separately. Costs like labor, materials, and overhead are categorized and assigned to jobs. Revenue is recognized using methods like percentage of completion (PCM) or completed contract (CCM) based on project progress. Accurate tracking ensures profitability and compliance with tax rules.

4. What is GAAP construction accounting?

GAAP construction accounting follows standardized principles to ensure accurate financial reporting. It typically requires using the percentage of completion method (PCM) for long-term projects, recognizing revenue as work is completed. It also mandates proper job costing, expense tracking, and contract reporting to reflect a company’s financial position. Compliance ensures transparency, consistency, and credibility in financial statements.

5. What is AIA billing?

AIA billing is a standardized invoicing method used in construction, based on forms from the American Institute of Architects (AIA). It uses G702 (Application for Payment) and G703 (Continuation Sheet) to track project progress and payments. This ensures clear, organized billing for contractors, owners, and lenders.

Don't let your profits leak

I may not know the ins and outs of running a construction site, but after researching these accounting tools, one thing is clear—having the right software is as crucial as having the right crew. Managing costs, tracking invoices, and staying on top of project finances is about survival in an industry where margins are razor-thin, and surprises lurk around every corner.

The best construction accounting software is an investment in clarity, efficiency, and profitability. It can help a contractor avoid costly mistakes, streamline payroll, and ensure every project dollar is accounted for before it disappears. Whether you need advanced job costing, progress billing, or a simple system that keeps everything organized, there’s a solution built to fit your needs.

So before your next project takes off, ensure your finances are built on a solid foundation. Choosing the right software today could mean the difference between a profitable business and a financial headache. Now that you know the best options, the next step is yours—find the one that keeps your business strong and your bottom line even stronger.

Need software for managing the entire construction project lifecycle? Check out the best construction ERP software.


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