FOUNDATION logo

FOUNDATION

by Foundation Software · Since 1985
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorFoundation Software
Year launched1985
StatusActive
Location17800 Royalton Rd., Strongsville, OH 44136, US
Countries servedGlobal
Languages3
Integrations47+
Free tier
Free trial
Contact salesYES

About FOUNDATION

FOUNDATION is a construction accounting software from Foundation Software that provides financial management solutions for construction companies. It includes job costing, payroll processing, and project management features so users can track expenses, manage labor costs, and oversee project timelines effectively. This software is designed specifically for the construction industry and helps ensure compliance with industry regulations. FOUNDATION integrates with various third-party applications and supports both mobile and desktop access, enabling users to manage finances on the go. Key capabilities: job costing payroll management project management compliance tracking reporting tools Best for: construction companies that need precise financial management and project oversight.

Foundation by Foundation Software is a comprehensive construction accounting software designed to meet the financial and operational needs of general contractors, subcontractors, construction CPAs, and project managers. It is specifically built to handle the complex accounting requirements of the construction industry, offering a full suite of tools that streamline job costing, payroll processing, financial reporting, and project management. With its emphasis on accuracy and automation, Foundation helps construction firms maintain compliance with industry regulations, track costs in real time, and optimize overall financial performance. One of its key strengths is its robust payroll system, which accommodates union payroll, certified payroll, and multi-state taxation, making it an excellent choice for companies managing diverse workforce structures. Additionally, it integrates seamlessly with a wide range of third-party applications, further enhancing its capabilities. The user interface of Foundation is structured to provide a clean and efficient workflow for construction professionals, though it may take some time for new users to fully grasp its extensive functionalities.

Pros & Cons

What users like
  • +Comprehensive Functionality: Offers a wide range of features in one integrated software, covering dispatching, billing, job costing, and more.
  • +Excellent Customer Service: Consistently praised for quick, responsive, and knowledgeable customer support staff.
  • +Effective Job Costing: Strong and advanced job costing capabilities to track project finances in detail.
  • +Beneficial Reporting: Reporting features are helpful, especially financial and custom reports for informed decision-making.
  • +Smooth Implementation (with training): Conversion and implementation can go smoothly, particularly with good training and support.
  • +Executive Dashboards: Provides executive dashboards that are visually appealing and offer easy-to-understand company overviews.
What users flag
  • Steep Learning Curve: Can be tricky to learn, especially for users new to accounting software.
  • Standard Reports Lack Detail: Some users find that standard reports do not provide enough detail or customization.
  • Limited Custom Report Options: Desire for more custom report options and flexibility in report design.
  • Mobile App Reporting Limitations: Mobile app may lack the reporting capabilities needed by management staff on job sites.
  • Slow System: Some users report that the system can be slow.
  • User Setup Process Issues: Adding new users to the system can be cumbersome and require contacting support.

Features

Key features

#1 Construction Accounting Software in America
Positioned as the leading construction accounting software in the US market.
Job Costing Expertise
Strong capabilities for accurately tracking costs, hours, and quantities for every job, with customized detail.
Construction-Specific Payroll
Offers a payroll service specifically designed to handle the complexities of construction payroll.
CPA-Focused Tools
Includes tools and features beneficial for CPA firms working with construction clients.
Mobile Time Tracking
Provides mobile time tracking solutions for construction workers in the field.
Construction Industry Experts
Developed by experts with almost 40 years of experience exclusively serving the construction industry.
User-Centered Approach
Committed to client success and continuously updating products to meet evolving user needs.
Responsive Customer Support
Offers in-house customer service team staffed by construction experts.
Trusted Nationwide
Used by over 43,000 construction professionals across the nation.

Additional features

#1 Construction Accounting Software
Recognized as the top construction accounting software in the American market, indicating industry leadership and widespread adoption.
Job Costing Module with Customized Detail Tracking
Allows users to meticulously track costs, labor hours, and material quantities for each project, providing a granular view of project expenses.
Project Cash Flow Reports
Enables instant generation of reports specifically focused on project cash flow, crucial for managing project finances and liquidity.
Work-in-Progress (WIP) Reports for Project Status
Provides up-to-date reports on the status of work in progress, essential for assessing project completion and financial standing at any point.
Automated Overrun Alerts to Control Costs
System automatically sends alerts when projects are at risk of exceeding budgets, enabling proactive cost management and preventing overspending.
Construction-Specific Payroll Service
Offers a dedicated payroll service designed to handle the unique and complex payroll requirements of the construction industry, ensuring compliance and accuracy.
CPA Audit/Review Tools for Financial Accuracy
Includes specialized tools to assist CPA firms in conducting audits and reviews of construction financials, streamlining the audit process and ensuring financial compliance.
Mobile Time Tracking Solutions for Field Workers
Provides mobile time tracking capabilities, allowing field workers to log their hours from job sites, improving accuracy and efficiency of time collection.
Expertise from 40 Years Serving Construction
Software developed by a company with nearly four decades of exclusive focus on the construction industry, ensuring deep understanding of industry-specific needs.
User-Centered Product Development
Foundation Software prioritizes user needs and feedback, continuously investing in product updates and improvements to meet the evolving demands of construction businesses.
Responsive In-House Customer Support
Offers a dedicated in-house customer service team composed of construction experts, providing knowledgeable and responsive support to users.
Trusted by 43,000+ Construction Professionals Nationwide
Software is widely trusted and used by over 43,000 construction professionals across the United States, demonstrating its reliability and industry acceptance.
Accounts Payable Automation
Manages and automates the processing of accounts payable, streamlining vendor payments and expense tracking.
Accounts Receivable Management
Handles accounts receivable processes, including invoicing and payment collection, to manage incoming project funds effectively.
Consolidated General Ledger (GL)
Provides a consolidated general ledger system, offering a comprehensive view of all financial transactions across the company.
DataGenie™ Construction Report Designer for Custom Reports
Includes a proprietary report designer tool (DataGenie™) that allows users to create custom reports tailored to their specific data analysis needs.
Document Imaging and Management
Enables digital imaging and management of documents, reducing paper and improving document organization and accessibility.
eAccess for Electronic Information Access
Offers electronic access features (eAccess), likely providing online or remote access to software functionalities and data.
Equipment Management Module
Provides tools for managing construction equipment, including tracking maintenance, costs, and utilization to optimize equipment assets.
Executive Dashboard for High-Level Insights
Features an executive dashboard that presents key performance indicators and business insights in a visual format for quick executive overview.
Fixed Assets Tracking and Depreciation
Manages fixed assets, including tracking asset values, depreciation schedules, and related financial accounting.
Inventory Management for Materials and Supplies
Tracks construction inventory, helping manage materials and supplies efficiently to avoid shortages and control inventory costs.
PO & Subcontracts Management
Manages purchase orders and subcontract agreements, streamlining procurement and subcontractor management processes.
Project Management Features Integrated
Includes project management functionalities directly within the accounting software, linking financial and project management data seamlessly.
Scheduling Tools for Project Timelines
Offers scheduling tools, likely for integrating project timelines and schedules with financial accounting for better project control.
Service Dispatch Management for Service Operations
Provides features for managing and dispatching service requests, essential for contractors offering maintenance or repair services.
Time & Material Billing Capabilities
Supports billing based on time and materials used, accommodating projects with variable scopes and costs.
Unit Price Billing Options
Enables billing based on pre-set unit prices for specific tasks or materials, suitable for certain types of construction contracts.
HQSuite Modules (CrewHQ, ExecutiveHQ, hrHQ, ProjectHQ, SafetyHQ)
Offers a suite of additional HQ modules that extend functionality into specialized areas like crew management, executive oversight, HR, project management, and safety.
Payroll4Construction Service for Outsourced Payroll
Provides an option for a fully outsourced payroll service (Payroll4Construction) specialized in construction payroll processing.
WorkMax for Mobile Construction Timekeeping
Integrates with or offers WorkMax for advanced mobile timekeeping solutions, likely with enhanced field data collection and labor management features.
The EDGE Estimator Integration for Estimating
Offers integration with The EDGE Estimator software, providing a connection to a specialized estimating tool for more accurate bidding and pre-project planning.
McCormick Systems Integration for Estimating
Integrates with McCormick Systems estimating software, providing another option for specialized estimating and pre-bid processes.
Human Resources Management (hrHQ Module)
Provides a dedicated module (hrHQ) for managing human resources within construction companies, likely including employee records, benefits, and compliance.
Health & Safety Software (SafetyHQ Module)
Offers a dedicated module (SafetyHQ) focused on health and safety management in construction, potentially including safety training, incident tracking, and compliance management.
Electrical, Plumbing and Mechanical Estimating Software (The EDGE Estimator & McCormick Systems)
Specialized estimating software options (The EDGE Estimator & McCormick Systems) tailored for electrical, plumbing, and mechanical trades within construction.
Roofing & Interior Trades Estimating Software (The EDGE Estimator & McCormick Systems)
Specialized estimating software options (The EDGE Estimator & McCormick Systems) tailored for roofing and interior construction trades.
Construction Project Management Software (ProjectHQ Module)
Offers a dedicated Project Management module (ProjectHQ), likely providing more in-depth project management tools beyond basic accounting-integrated features, for comprehensive project oversight.

Pricing

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Countries & Languages

Global
Countries served
3
Interface languages
7
Billing currencies

Interface languages

EnglishSpanishFrench

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF

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