Topic Thread

1.  Construction Accounting Software

Posted 9 days ago

Good morning,

 

We are in the market to upgrade our construction accounting software and would be grateful for feedback on a good program, preferable one that works well with Procore.  We are currently using QuickBooks. 

 

Also, we received word of a great WIP spreadsheet that is being passed around through CFMA, is it possible to get a copy?

 

Thank you,

 

Diane Allen

Accountant

3 FT BANNER rev  2

5400 Suncrest Drive Suite C-4
El Paso, TX 79912

T. 915.577.9685

F. 915.577.9683

www.azteccontractors.com

 

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2.  RE: Construction Accounting Software

Posted 8 days ago
We have been using Spectrum by Dexter + Chaney since 01/2015 and are happy with it; it is now integrating with Procore, although we have opted to not purchase the financial modules in Procore for the time being.  I'd recommend the program!

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Geraldine Pacheco CPA, CCIFP
Chief Financial Officer
Arch-Con Corporation
Houston TX
(713) 255-7466
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3.  RE: Construction Accounting Software

Posted 8 days ago

Diane,

We currently use Sage 300 with Procore and are currently considering a move to Dexter & Chaney.  Right now I think Sage has the most complete integration of the major software companies with Procore, but long term I think D&C's will be better

as they have an active partnership with Procore.  We have had Procore for about a year now and are really just getting into the accounting integration component, and this part of the integration is fairly weak.  While D&C has less of an integration, its current

web-based platform seems to make it easier to work side by side with the two programs without necessarily having the full integration.  Sage is supposedly working to improve its integration, and we are currently taking a wait and see approach before deciding

if we are going to make the move.

I hope this is helpful.

 

R. Patrick Lloyd  | Chief Financial Officer
Golden Construction, LLC
2212 First Avenue South
Birmingham, AL 35233
www.goldenconstruction.com
P.  205.327.6617  |  C. 205.283.8936  |   F. 205.327.6667

 

  

 






4.  RE: Construction Accounting Software

Posted 7 days ago
Hi Diane,

You might consider taking a close look at Sage 300 Construction and Real Estate. It has good integration with Procore as another posting pointed out. Also, Sage has some very good Mobile applications coming soon with mobile projects and mobile service operations and insights.
Plus with 30+ years of use in all kinds of construction companies it comes with lots of solid performance.

Reach out if you'd like more information.

Best regards,

-Phil
503-753-9971

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Phil Bride BSEE, MBA
Business Management and Sage Consultant
RRC
Beaverton OR
(503) 753-9971
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5.  RE: Construction Accounting Software

Posted 4 days ago
I work for a medium size mechanical contractor and we implemented Sage 300 CRE in 2016. Not impressed at all for a company that has been focused on this exact business structure. The product has all the key things you would want which is why we selected it out of 8 vendors we vetted. The big miss is in basic accounting features:
  • key reports with no "as of" dates
  • no built in financials that lay departments side by side and sum up the company for comparison
  • a trial balance that doesn't summarize groups of accounts and instead sorts by department, not base account
  • very small fonts both on screen and in print (very small)
  • dialog boxes that use 15% of the available screen size and then cut out key descriptive items or columns of data when trying to enter data or filter inquiries.
  • Poorly integrated Service module with unfriendly user interface
While the software functions otherwise, these make it very cumbersome to work with on a daily basis. Just be aware of these things...I don't know that we would have chosen another vendor, but we definitely would have put more time into vetting out some of the other vendors.

Rob

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Robert Briganti CPA
CFO
Nelson Air Device Corp
Maspeth NY
(718) 517-2965
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6.  RE: Construction Accounting Software

Posted 3 days ago
Robert - I have been using Sage 300 CRE for over 15 years.  The first 4 of your bullet points can all be fixed with some customized reports, it would be worth the investment to hire a consultant to help you with these items.  I find the "canned" reports to be limited and almost a necessity to customize them or create your own reports.  I would be willing to share some of my customized reports, but they would probably have to be modified to fit in your system.

We don't use the Service module, so I can't comment on that.

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Tim Thornton Accounting
Director of Accounting
Harris Construction Co., Inc.
Fresno CA
(559) 251-0301
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7.  RE: Construction Accounting Software

Posted 3 days ago
Sage 300 Construction and Real Estate is a solution adopted by smaller companies looking to get more out of the Cost Management System as well as by very large organizations that need multiple entity accounting, inter-company accounting and departmental accounting.  It is a highly configurable solution with a wealth of reports delivered with the core solution.  But due to the flexible configuration of the solution, reports and financial statements often are customized by the user.  Sage CRE's flexability also allows it to be used by many types of companies within the industry.  This includes General Contractors, Home Builders, Developers and Subcontractors (Residential and Commercial).  As Phil Bride mentioned an effort is also underway to make many of the tasks available anywhere through a browser.



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Dennis Stejskal
Vice President - Strategy
Sage
Beaverton OR
(503) 439-5215
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8.  RE: Construction Accounting Software

Posted 3 days ago
Many people who are using Quickbooks upgrade to Foundation software. It doesn't have many of the enterprise features of a program like Spectrum by Dexter & Chaney but it has a really good payroll module and solid accounting features . Sorry, I'm not sure about it's integration with Procore.

Best of luck on your search!

Joe G.


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Joseph Gravenstine CCIFP, CPA
CFO
The Pietrini Corporation (dba B. Pietrini & Sons)
King of Prussia PA
(610) 265-2110
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9.  RE: Construction Accounting Software

Posted 3 days ago
Sage 300CRE base package reporting is a starting point for companies to begin using the software and the strength in the software is the ability to pull data into reports custom to your business and the ability to import data.  I have been a CFO/Controller in the Commercial/Residential/Real Estate industries using Sage300CRE as a power user and now I work with companies to create these reports using the report writer within Sage as well as the 3rd party program Office Connector which brings reports into Excel for Cash Forecasting, Job Profitability analysis, Audit PBC's, importing of external data from other business systems, etc.  There is also a great dashboard reporting company, Anterra Technologies, that further utilizes the data from Sage 300CRE.  If you would like to explore any of these options, I would be happy to assist!

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Laura Chalfant CCIFP, CMA
Owner
Construction Management Advisors, LLC
Houston TX
(832) 724-8175
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