Construction Edition: Subcontractor Accounting
Seamlessly link the field and office to capture and manage labor, material costs, and inventory.
How Acumatica Construction Edition Subcontractor Accounting can work for you
- Promote services and manage sales cycles to general contractors, home builders, property managers, and consumers using Web Portals and Customer Resource Management (CRM) functionality.
- Manage construction payroll and contract management along with financials and cost estimates from a single subcontractor software solution.
- Process service and product orders, purchase non-stock and drop-ship materials, dispatch crews, route trucks, and provide equipment details to technicians using sub contractor apps for phones and tablets.
- Maintain accurate warranty information on every piece of equipment for service and preventive maintenance contracts.
Key benefits of Acumatica Construction Edition Subcontractor Accounting Software
Purchasing, Material Management
Take advantage of commercial purchasing, inventory control, and distribution capabilities to manage increasing material costs—including clear visibility into inventory in warehouses, at job sites, and on trucks.
Change Management
Control cost overruns by automating your project commitments and change order processes. For example, manage back charges or reduce vendor commitments through the entry of a negative change order.
Connect to Other Productivity Solutions
Use Smartsheet visual scheduling, Criterion construction payroll, ProEst, CFMA Benchmark, Salesforce sales management, and other specialty software to efficiently run your business—all interfaced to Acumatica Construction Edition.
Simplified Multiple Bids
Estimate projects once and manage individual bids to multiple general contractors, automatically proceeding with the winning contractor.
Important Features of Acumatica Construction Edition for Subcontractors
Robust financials are simple enough for smaller contractors, yet scalable for more complex needs.
Acumatica Financial Management has standard financial processes (GL/AP/AR) and reports.
Multicompany, multicurrency, intercompany accounting, fixed assets, recurring and deferred revenue, and cash management are also available.
- Easily manage AP workflows, from entering an invoice through approval routing and checks.
- Seamless
customer billing, driven by real-time project costing, includes up-to-date labor, material, equipment, and
other costs. - Proactively identify problem areas in current jobs and improve future projects estimates.
Gain a complete view of project details—including real-time field updates—providing instantaneous information between your project management team, back-office workforce, and management.
Easily manage and track all activities, issues, changes, project documents, and job costs from one central area.
- Flexible payroll adapts to any construction organization supporting multiple unions, locals, classes, benefit packages, complex wages, certified wages, executive compensation, and commission structures.
- Control cost overruns by automating project commitments and change order processes.
- Create and track subcontract status, purchase orders, budgets comparisons, line-item committed costs, and payments.
- Effectively manage lien waivers and releases, insurance certificates, and status updates, providing expiration and other alerts to staff and suppliers.
Easily see real-time data on all customer activities, including quotes, orders, invoices, payments, support cases, and service calls.
Acumatica CRM also includes a self-service customer portal that lets customers
access the information they need.
- Get anytime, anywhere access. Quickly see critical reports on phones and tablets and give field teams and subcontractors tools to enter employee time and equipment details electronically.
- Access the complete system over any device and search for all project details from one global search box.
Streamline the management of project materials, including receipts and issues for purchased materials.
Create requisitions with approvals workflow and create purchase orders to ship materials directly to a project location, creating an efficient workflow for job site deliveries.
- Control cost overruns by automating project commitments and change order processes.
- For example, manage back charges or reduction in vendor commitments through the entry of a negative change order.
- Drop-ship workflows connected to change orders improve business workflows.
- Flexible progress billing by quantity like linear or square footage reduces project owner risk while allowing customers to meet their unique business needs.
- Simplify the process of calculating taxes for a project – tax zones are specified directly in the project and automatically retrieved and calculated for all invoices, purchase orders, subcontracts, and expenses.