10 Best Construction Accounting Software for Contractors (2025)

The construction industry plays a premier role in the global economy, with its financial complexities requiring effective management. As the sector continues to grow, so does the need for robust accounting solutions. In 2023, the U.S. construction market was valued at nearly two trillion dollars, and projections indicate that it will keep expanding in the coming years. As the industry scales, contractors face increasing challenges in managing project costs, payroll, and financial reporting.

This is where construction accounting software becomes indispensable. By automating tasks like budgeting, construction invoicing, and financial reporting, these tools help contractors stay organized and efficient. Without the right software, tracking expenses and ensuring accurate billing can become a time-consuming and error-prone process.

This blog will explore the 10 best construction accounting software systems for 2025, highlighting their features to help contractors make informed decisions and streamline their financial operations.

List of the Top Accounting Software for Construction Contractors

Here’s a list of top accounting software for construction businesses in the US, focusing on its features:

1. Procore

Procore is a comprehensive construction accounting software platform that streamlines project workflows from preconstruction to close out. It empowers contractors, owners, and speciality contractors with real-time collaboration, visibility, and insights. Supporting over 1,000,000 projects globally, Procore connects stakeholders through robust features, seamless integrations, and industry-specific tools. With 24/7 customer assistance and a commitment to driving innovation, Procore enhances productivity, risk management, and project efficiency.

Key Features:

• Preconstruction Management: Centralizes designs, estimates, bids, and budgets across projects for seamless early-stage coordination.
• Real-Time Collaboration: Connects field and office teams with mobile project management for instant updates and improved efficiency.
• Financial Insights: Delivers relevant financial data and timely observations to stakeholders for informed decision-making.
• Extensive Integrations: Supports 500+ integrations, enabling smooth connectivity with existing tools and systems.
• Global Community: Offers training, certifications, and peer engagement to enhance learning and professional growth.
• 24/7 Expert Support: Provides instant assistance via email, chat, or phone for uninterrupted project progress.

2. Sage 300 Construction and Real Estate

Sage 300 Construction and Real Estate (CRE) is an industry-leading construction accounting solution designed to manage complex construction and property management processes. It offers robust tools for real-time collaboration, risk management, and custom reporting, empowering contractors, developers, and property managers to streamline operations, enhance visibility, and achieve financial goals. With over 1,400 prebuilt report formats and cloud capabilities, Sage 300 CRE provides scalability, seamless integration, and improved communication between teams, making it a trusted choice for businesses.

Features:

• Comprehensive Reporting: Access 1,400+ prebuilt report formats and customize reports for actionable insights.
• Project Management: Real-time collaboration across project phases to streamline operations and ensure accuracy.
• Service Operations: Manage work orders, equipment, and preventive maintenance seamlessly, connecting field and office teams.
• Document Management: Organize and retrieve critical documents with ease for efficient workflow.
• Real Estate Management: Track leases, properties, and related financials with precision and confidence.
• Scalable Integration: Seamlessly integrates with mobile and cloud tools to enhance accounting and communication.

‍3. QuickBooks Online

QuickBooks is a comprehensive accounting software solution tailored for small and medium-sized businesses, including the construction industry. It offers robust tools for financial management, such as construction invoicing, job costing, contractor management, and customizable reports. Users can manage expenses, track time, and automate tasks to improve productivity. QuickBooks connects seamlessly with industry-specific apps, enabling real-time project insights and better decision-making.

Features:

• Seamless Invoicing: Send estimates, attach contracts, and accept payments via credit, debit, or bank transfers for faster payments.
• Accurate Job Costing: Track project profitability with detailed time, expense, and labour cost reports.
• Customizable Reporting: Monitor income, cash flow, and overdue invoices with tailored dashboards and tag-based insights.
• Contractor Management: Simplify tax prep with automated W-9 and 1099 form tracking for subcontractors.
• Mobile Access: Manage accounts, invoices, and team timesheets from any device with QuickBooks' mobile app.
• App Integrations: Sync with construction-specific apps like Buildertrend, Corecon, and Housecall Pro for enhanced efficiency.

4. Foundation Software

Foundation Software is a construction accounting and financial administration software that provides specialized accounting solutions tailored for the construction industry. Designed to address contractors' unique needs, it includes features for job costing, payroll, project management, and safety tracking. With nearly 40 years of experience, Foundation Software offers robust tools to manage cash flows, streamline construction accounting processes, and ensure accurate project tracking. Trusted by over 43,000 professionals nationwide, it integrates seamlessly with industry-specific tools and ensures responsive customer support.

Features:

• Comprehensive Job Costing: Track hours, dollars, and quantities for precise cost analysis and avoid budget overruns with automated alerts.
• Construction Payroll: Simplify payroll with services tailored for the construction sector, including compliance with industry-specific requirements.
• Mobile Time Tracking: Empower teams to log hours accurately in real-time, ensuring up-to-date data for payroll and project management.
• Custom Reporting: Generate detailed financial and operational reports with ease using the built-in Construction Report Designer.
• Seamless Integration: Connect with project management, estimating, and safety software for a unified construction management experience.
• Dedicated Support: Access expert assistance to ensure smooth implementation and continuous success.

5. Viewpoint Vista

Trimble Viewpoint delivers integrated construction accounting and management software designed to improve collaboration, transparency, and efficiency across the construction lifecycle. With a focus on empowering contractors, project managers, and engineers, Trimble’s tools support critical operations such as project management, site management, and compliance. Trusted by over 8,000 global clients, including longstanding partners, Trimble Viewpoint is a leader in the AEC (Architecture, Engineering, and Construction) industry.

Features:

• Document & Drawing Management: Centralizes data, creating a single source of truth for streamlined collaboration and approvals.
• Field View: Boosts on-site productivity by reducing administrative tasks, saving time, cutting costs, and mitigating risks.
• BIM Integration: Ensures efficient Building Information Modeling with real-time coordination and information sharing.
• Part L Compliance: Simplifies energy efficiency compliance with tailored tools.
• Comprehensive Audit Trails: Tracks changes, ensuring transparency and accountability across construction projects.

6. Acumatica Construction Edition

Acumatica Cloud ERP provides construction industry accounting software tailored to modern industry needs. The cloud-based end-to-end construction management software offers real-time data access and powerful automation tools. It enables seamless connection across field, office, and remote teams. Key features include project costing, CRM, inventory, and payroll, all within an integrated platform designed for construction firms.

Features:

• Real-time Project Management: Manages project budgets, costs, and timelines, keeping everyone updated with a centralized dashboard.
• Mobile Access: Accesses project details on the mobile app for field teams and office staff.
• Advanced Automation: Leverages AI and ML to automate tasks, reduce manual work, and enhance decision-making.
• Compliance Management: Ensures adherence to required industry standards and regulations with built-in compliance tools and reporting.
• Seamless Integrations: Easily connects with third-party tools like ProEst, Microsoft Office, and DocuSign for streamlined operations.
• Job Costing and Billing: Tracks expenses, change orders, and billing in real time for accurate financial insights.

7. Jonas Premier

Premier Construction Software is an all-in-one construction accounting system designed to optimize every aspect of project management. Powered by AI and predictive intelligence, it integrates essential tools like financials, job costing, payroll, and project planning into one seamless platform. This construction billing software system enhances efficiency, reduces manual tasks, and fosters real-time collaboration, making it easier for teams to manage resources and drive profitability. Whether you're a contractor, project manager, or business owner, Premier empowers you to make informed decisions and build the future of construction.

Features:

• Comprehensive Financial Management: Includes consolidated financials, AP invoice automation, AR billing, and cash flow management.
• Project Management Tools: Features like job dashboards, forecasting, submittals, daily logs, and change orders keep projects on track.
• AI-Driven Insights: Provides predictive forecasts, automated decision-making, and AI-powered data extraction for smarter business operations.
• Real-Time Collaboration: Allows seamless communication between team members with mobile access, drawing mark-ups, and automated workflows.
• Job Costing & Budget Control: Tracks job costs, subcontractor pay apps, and compliance, offering full visibility into project expenses.
• Mobile Access & Time Entry: Enables mobile time entry, real-time updates, and task approvals from anywhere.
• Industry-Specific Features: Includes tools for lien waivers, subcontracts & POs, and union/employer benefits management.

8. CMiC

CMiC is a global leader in next-generation construction ERP, offering a comprehensive software suite for managing construction projects, financials, and human resources. Trusted by over 400 cloud customers, including 30+ billion-dollar companies, CMiC helps contractors optimize productivity, reduce risk, and drive financial growth. Its robust platform provides seamless integration, superior project delivery, and enhanced collaboration. With proven workflows and industry-specific functionality, CMiC’s payroll management for contractors empowers construction teams to manage resources, accounting, and payroll efficiently.

Features:

• Construction Accounting: Streamlined financial management tailored for the construction industry, optimizing workflows and ensuring compliance and accuracy.
• Project Controls: Robust tools for tracking costs, schedules, and resources, ensuring projects stay on allocated budget and on time.
• Equipment & Inventory: Effective management of construction equipment and inventory to improve resource allocation and reduce operational costs.
• Opportunity Management: Tools for managing project opportunities, enabling better forecasting and decision-making for business growth.
• Payroll and HCM: Comprehensive payroll and human capital management, designed for mid-sized to large construction companies to manage workforce and compliance.
• Single Database Platform™: Centralized platform that integrates all construction operations, enhancing efficiency and minimizing risk across all projects.

9. Buildertrend

Buildertrend is a comprehensive construction management and accounting software system designed to manage the financial and accounting needs of construction firms. It also streamlines project planning, communication, and financial management for construction professionals. By offering digital tools to handle everything from scheduling to client communication, Buildertrend helps construction companies increase efficiency, reduce errors, and improve profitability. With its user-friendly platform, it simplifies job tracking, provides financial transparency, and enhances collaboration, allowing businesses to stay organized and focused on growth.

Features:

• Project Management: Organize all project details in one platform, ensuring seamless tracking of tasks and milestones.
• Client Communication: Share updates with clients automatically, reducing the need for continuous emails or phone calls.
• Estimating and Budgeting: Create accurate estimates, track expenses, and ensure projects stay within budget.
• Scheduling Tools: Streamline scheduling and stay on top of project timelines, avoiding delays and errors.
• Lead Capture: Capture leads directly from your website or integrate with other lead generation tools.
• Payment Solutions: Accept online payments and manage project funding for better cash flow management.

10. CoConstruct

CoConstruct is a leading construction and property management software designed to simplify the business side of building. Now unified with Buildertrend, it combines the best of both platforms to offer robust tools for home builders and remodelers. CoConstruct focuses on financial management, helping builders track expenses, manage projects, and ensure profitability. With enhanced features like material rebates, advanced reporting, and digital takeoffs, it provides builders with a comprehensive solution for managing their projects efficiently. Whether you need to manage finances and payroll, communicate with clients, or streamline workflows, CoConstruct’s construction payroll software offers everything needed for success in construction.

Features:

• Cash Rebates on Materials: Manage materials efficiently and earn rebates from top brands to boost your bottom line.
• Financial Management: Track expenses, receipts, and manage real-time financial data in one place for streamlined project oversight.
• Digital Takeoff Tools: Use digital measuring tools to reduce errors and improve accuracy in estimates and project planning.
• Online Payments: Facilitate smooth payments between subcontractors, clients, and businesses with easy online transaction capabilities.
• Advanced Reporting: Access actionable data and insights to drive business results and improve decision-making.
• CRM Hub: Turn prospects into projects with an integrated CRM, digital proposals, and email marketing tools.

Conclusion

The future of accounting software for the construction industry is set to evolve with advancements in automation, AI, and cloud technology. These innovations will streamline processes, reduce errors, and improve data accessibility, but managing the complexities such as compliance with varying regulations, project-based financial tracking, and cost allocation remains a challenge. Construction companies often deal with fluctuating costs, multiple stakeholders, and complex project timelines, which makes managing software in-house difficult. Third-party providers like Invensis offer expertise in handling these intricacies.

Invensis specializes in delivering tailored construction accounting services, leveraging cutting-edge software to streamline financial reporting, payroll, billing, and budgeting for construction companies. Our construction accounting team ensures seamless integration with existing workflows, provides real-time data insights, and ensures compliance with industry standards. Contact us today to streamline your construction accounting and enhance project financial management with our construction bookkeeping solutions.