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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
Since businesses have unique business needs, it is reasonable they steer clear of deciding on a one-size-fits-all, ”best” business program. Just the same, it is futile to try to come across such application even among sought-after software systems. The correct step to do should be to shortlist the varied key aspects that require deliberation such as key features, packages, skill competence of the users, organizational size, etc. Next, you must double down on the research through and through. Read some of these Foundation Software reviews and explore each of the software systems in your shortlist in detail. Such comprehensive research guarantees you take out poorly fit software solutions and select the one that includes all the aspects your business requires.
Position of Foundation Software in our main categories:
TOP
100
Foundation Software is one of the top 100 Construction Management Software products
Every company has different wants and needs a software that can be customized for their size, type of employees and buyers, and the particular industry they are in. For these reasons, no platform can proffer perfect features out-of-the-box. When you search a software app, first be sure what you want it for. Read some Foundation Software Construction Management Software reviews and ask yourself do you need basic tools or do you require advanced tools? Are there any industry-specific tools that you are searching for? Get the answers to these queries to aid your search. There are plenty of aspects that you need to consider and these include your budget, particular business needs, your company size, integration needs etc. Take your time, use a few free trials, and finally zero in on the platform that offers all that you need to boost your firm efficiency and productivity.
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 make a decision to purchase a Construction Management Software it’s vital not only to find out how experts evaluate it in their reviews, but also to find out if the real people and businesses that bought these solutions are indeed satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Foundation Software reviews across a vast array of social media sites. The information is then featured in a simple to digest format showing how many clients had positive and negative experience with Foundation Software. With that information available you will be prepared to make an informed business 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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