February 11, 2025
by Sudipto Paul / February 11, 2025
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.
*These construction accounting software solutions are top-rated in their category, according to G2 Grid Reports. Visit the official product websites to learn more about their pricing.
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.
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.
Here’s what I considered while testing the best construction accounting software.
To be included in the construction accounting software category, a product must:
*This data was pulled from G2 in 2025. Some reviews may have been edited for clarity.
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'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.
“There are difficulties in customization and issues with mobile app functionality.”
- Procore Review, Matthew Ricci R.
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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.
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.
“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.
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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.
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.
“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.
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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.
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.
“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.
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.
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.
“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.
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.
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.
“I wish we could have a double-screen session, but it only lets you use one screen.”
- Spectrum Review, Amy P.
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.
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.
“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.
Based on my research, Procore, Deltek ComputerEase, and GCPay are the best construction accounting software solutions.
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.
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.
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.
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.
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.
Sudipto Paul is a Sr. Content Marketing Specialist at G2. With over five years of experience in SaaS content marketing, he creates helpful content that sparks conversations and drives actions. At G2, he writes in-depth IT infrastructure articles on topics like application server, data center management, hyperconverged infrastructure, and vector database. Sudipto received his MBA from Liverpool John Moores University. Connect with him on LinkedIn.
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