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Foundation Software Review

Foundation Software
Our score: 7.9 User satisfaction: 97%

What is Foundation Software?

Foundation Software is a construction accounting platform built exclusively for commercial companies, industrial contractors, government agencies, and similar organizations that do business beyond a fixed location. The system takes into account that construction accounting is far different from the regular accounting process applied in other industries and businesses, and thus enables contractors and workers to work in a wide range of states, unions, trades, and jurisdictions using just a single timecard.

Foundation Software provides a fully-integrated and flexible solution that automates the production and management of complicated and critical financial information in construction business such as retainage, prevailing wage rates, certified payroll, purchase orders and subcontracts, equipment usage, AIAs, union fringes, labor costs, lump sum and per unit costs, accounts payable, fiscal periods, tax spending, and other information that are construction-specific. Furthermore, it is also a viable tool for construction job costing, job cost accounting, and project management.

It said that this solution is a top rated construction accounting software since it eliminates the dependency to usage of other multiple accounting software in preparing financial reports, auditing, and doing all the complexities of construction accounting. Through the modules in its program, FOUNDATION makes construction accounting much easier accommodating all the financial information and reporting necessary in a very efficient way.

Overview of Foundation Software Benefits

Payroll management especially when done manually is one of the most challenging aspect of construction accounting. Foundation construction accounting software offers a feature that automatically generates and calculates the applicable pay rates and taxes that should reflect in timecards used by contractors and employees who work in multiple states, trades, cities, unions, and jurisdictions. Through this feature, users can easily set up their union fringes and prevailing wages into the software and it would set them as default to be used in timecards.

This is a time-saving feature since it eliminates multiple data entries and it ensures that the correct union pay rates are applied. Furthermore, payroll, tax, and compliance reports are automatically generated such as Minority Compliance Report, ACA Report, W-2S, and Certified Payroll Report. With this functionality, penalties and liabilities are avoided as reports are submitted on time with zero inaccuracies.

Foundation also has a job costing feature that allows a hassle-free management and checking of job costs, estimated and actual expenses, budgets, projected costs, billing, invoice, and labor hours. Foundation’s job costing feature has a flexible sorting and drilling-down capabilities wherein job cost reports can be viewed in different ways such as by geographic area, cost class, project class or customer; and can be break down into their details. The software are using cost codes that can be drag-and-drop from a master list or report. With this feature, accurate adjustments can be done easily avoiding errors and tracking of job costs can be executed effectively.

Serving as a protection for the company when litigations occur, Foundation’s project management feature highlights an organized and efficient filing and tracking of documents and correspondence. Through its Job Center, construction project documents and records such as emails, submittals, RFCs, RFI, drawings, and field logs are instantly accessible. Moreover, these documents can be directly created and modified in such convenient location. Files and attachments can also be added such as scanned contracts. With this feature, project managers can focus more in monitoring field work and on-site status eliminating the time-consuming process of manually organizing and viewing construction documents and correspondence.

Overview of Foundation Software Features

  • Payroll
  • Job Costing
  • Project Management
  • General Ledger
  • Accounts Payable
  • Account Receivable
  • PO/Subcontract
  • CPA Audit and Review
  • Inventory
  • Scheduling
  • Executive Dashboard

Foundation Software Position In Our Categories

Since companies have their own business needs, it is prudent they steer clear of subscribing to a one-size-fits-all, “perfect” solution. Nevertheless, it would be almost impossible to pinpoint such a software system even among branded software solutions. The rational step to do can be to list the varied vital aspects that demand careful thought like crucial features, price plans, technical skill competence of staff, company size, etc. Then, you must follow through the research thoroughly. Browse through these Foundation Software reviews and scrutinize each of the software options in your shortlist more closely. Such all-encompassing research ensure you avoid ill-fitting software solutions and select the one that provides all the function your company requires in sustaining growth.

Position of Foundation Software in our main categories:

TOP 100

Foundation Software is one of the top 100 Construction Management Software products

Foundation Software is also listed in the following subcategories:

Companies have diverse needs and requirements and no software application can be perfect in such a situation. It is pointless to try to find an ideal off-the-shelf software product that fulfills all your business requirements. The intelligent thing to do would be to customize the system for your special requirements, worker skill levels, budget, and other elements. For these reasons, do not hasten and invest in well-publicized leading applications. Though these may be widely used, they may not be the ideal fit for your particular needs. Do your research, check out each short-listed system in detail, read a few Foundation Software Construction Management Software reviews, contact the vendor for clarifications, and finally choose the application that offers what you want.

How Much Does Foundation Software Cost?

Foundation Software Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Foundation Software’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.

User Satisfaction

Positive Social Media Mentions 185
Negative Social Media Mentions 5

We realize that when you make a decision to buy Construction Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Foundation Software reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Foundation Software. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are Foundation Software pricing details?

Foundation Software Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Foundation Software’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.

What integrations are available for Foundation Software?

FOUNDATION Software can be integrated with different construction software and a variety service provider solutions such as estimating, timekeeping, human resources, collections, and legal.

The following integrations are supported by Foundation Software:

  • HCSS
  • ProEst
  • B2W Software
  • ConEst
  • winest
  • OMAN
  • planswift
  • FASTEAST Estimating Software
  • VERTIGRAPH
  • SharpeSoft
  • quotesoft
  • HARD DOLLAR
  • D4COST
  • cpr
  • Corner Post
  • Comput-Ability
  • payroll4construction
  • ABC
  • The Associated General Contractors of America
  • ASA Advantage
  • CEA
  • CFMA
  • CICPAC
  • CONSTRUCTION BUSINESS OWNER
  • IEC
  • NAWIC
  • NUCA
  • TAUC
  • Anytime Collect
  • CONSTRUCTION LAW
  • KGC Computers
  • TECHSPERT
  • THE HOFFMAN GROUP
  • GCIRON
  • 401kTest
  • HAUGHN & ASSOCIATES
  • HR Technology PARTNERS
  • acoprint
  • busybusy
  • Carmel Software
  • CREW STRACKS
  • Data Maxx
  • Dynamic Systems (DS)
  • Econz
  • ESC
  • eSUB
  • LCP tracker
  • mjobtime
  • NCS
  • PEER ASSIST
  • PIRACLE
  • scale it
  • Visual Dispatch
  • THE Contractors PLAN
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Reviewed By Jenny Chang
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