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Foundation Software Review
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.
Show MoreOverview 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.
Show MoreOverview 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
Knowing that companies have special business demands, it is practical they steer clear of buying a one-size-fits-all, ideal system. Regardless, it would be almost impossible to try to pinpoint such application even among popular software products. The better step to do would be to list the various critical functions which merit investigation such as major features, price terms, skill capability of the employees, organizational size, etc. Thereafter, you should double down on the research comprehensively. Go over these Foundation Software analyses and scrutinize each of the software options in your list in detail. Such well-rounded research ensure you take out unsuitable apps and pay for the system that has all the tools your business requires for success.
Position of Foundation Software in our main categories:
TOP
100
Foundation Software is one of the top 100 Construction Management Software products
It's essential to keep in mind that hardly any service in the Construction Management Software category is going to be an ideal solution able to match all the needs of various company types, sizes and industries. It may be a good idea to read a few Foundation Software Construction Management Software reviews first as certain solutions may excel exclusively in a very small set of applications or be designed with a very specific industry in mind. Others might operate with an intention of being easy and intuitive and consequently lack advanced features welcomed by more experienced users. You can also find solutions that focus on a broad group of users and offer a complex feature set, however this in most cases comes at a higher cost of such a solution. Make sure you're aware of your needs so that you get a service that offers all the features you search for.
How Much Does Foundation Software Cost?
Foundation Software Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
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.
User Satisfaction
Positive Social Media Mentions
185
Negative Social Media Mentions
5
We are aware that when you choose to get a Construction Management Software it’s important not only to see how experts score it in their reviews, but also to discover whether the actual clients and enterprises that purchased this software are actually content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Foundation Software reviews across a broad range of social media sites. The data is then displayed in an easy to understand way showing how many people had positive and negative experience with Foundation Software. With that information at your disposal you should be ready to make an informed purchasing 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?
- phone
- live support
- training
- tickets
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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