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Acumatica Construction ERP

Build Better with a Powerful Cloud ERP!

Introduction to Acumatica Construction

Acumatica Construction Edition supports various types of construction businesses by enabling flexibility, efficiency, and continuity of operations. For effective project execution and financial management, Acumatica Construction Edition steps in as your perfect companion. It is an all-inclusive, cloud-based Enterprise Resource Planning (ERP) solution designed to help construction firms achieve greater success by connecting people, projects, and processes seamlessly.
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What is Acumatica Construction ERP

Acumatica Construction ERP is a comprehensive business management solution born in the cloud and purpose-built to support modern collaborative ways of working in the construction sector. Whether you’re a general contractor, subcontractor, home builder, land developer, or service contractor, Acumatica provides a platform that ensures you have access to real-time visibility of project data for insightful business decisions. Acumatica Construction is specifically tailored for the construction industry, offering features such as job cost accounting, project management, payroll, and inventory management.

As a result of this interconnected approach, project teams can work more efficiently, eliminating duplicate data entry, errors, unnecessary costs, and achieving tighter project controls. It is a one-stop solution that manages your customers, finances (including job costs and contract accounting), field teams, and service teams, leading to increased visibility into project status, enhanced team collaboration, and improved profitability on every project.

 

Key Features of Acumatica Construction

Acumatica Construction boasts a plethora of features, each designed to facilitate construction management. Acumatica Construction helps maintain project control by providing real-time insight and visibility into project status and performance.

The software's centralized financial management capabilities make it an essential construction accounting software for document management, forecasting and managing costs, job cost accounting, and improving project margins and control.

Financial Management

Acumatica’s robust financial management capabilities are perfect for all contractors. Standard financial processes (GL/AP/AR), reports, multi-company, multicurrency, intercompany accounting, fixed assets, recurring and deferred revenue, and cash management are all available.

Job Cost Accounting

Real-time project costing and seamless customer billing processes help accurately estimate future projects by providing detailed job information, including cost to complete, cost at completion, and percentage of completion. The ability to track cost codes and manage initial retainage and retainage in purchase orders ensures precise financial control.

Job cost accounting also aids in planning future projects by offering insights into job costs, driving efficiency and continuity in construction projects.

 

Project Management

A complete view of all construction project details, including real-time field updates, provides instantaneous information for a more coordinated effort between project management teams, back-office workforce, and management. Project billing and project revenue budget tracking are integral parts of this feature. Additionally, the ability to manage RFI's (Requests for Information), photo logs, project issues, and contracts streamlines project execution and documentation.

Payroll and Complience

Flexible payroll solution supports complex wages, certified wages, executive compensation, commission structures, and management of lien waivers, insurance certificates, and status updates.

Acumatica Construction also efficiently manages benefit packages, ensuring seamless payroll administration for multiple unions, locals, and classes.

 

Customer Relationship Management (CRM)

With Acumatica CRM, you can easily monitor all customer activities, including quotes, orders, invoices, payments, support cases, and service calls. This ensures that accounting is in sync with sales cycles and customer service.

Mobile App

Acumatica's mobile app gives you anytime, anywhere access to critical reports and tools, ensuring all project details are available at your fingertips. This mobile access is essential for construction teams working on-site.

Advanced Material Management

Streamlining the management of project materials, automating project commitments, and change order processes are a breeze with Acumatica. Inventory control and purchase requisitions are seamlessly integrated, providing instant access to inventory management.

Progress Billing

Flexible project billing options, including progress billing by percentage of completion or by quantity, reduce project owner risk. The software also supports the automatic generation of time and material invoices, pro forma, and progress invoices from one screen, including quick billing. Access AP cost transactions related to progress billing lines for timely vendor payments and increased billing accuracy.

Daily Field Reports

Ensure everyone has the same information, from subcontractor updates, job site visitors, issue and change tracking, photo logs, and job site weather updates. Work seamlessly with project managers in the field by using mobile entry for units installed or used during project tasks. This enhances planning, progress tracking, scheduling, and billing.

Service Management

Manage service teams effectively with features that track service orders, appointments, and service contracts, ensuring efficient service management and customer satisfaction.

CFMA Benchmarker

Streamline collaboration with the CFMA by submitting preconfigured Acumatica construction financial data for inclusion in the CFMA Benchmarker survey. Directly compare your results with CFMA member peers using a custom dashboard. This dashboard includes corporate return on assets, return on equity, and other financial ratios from CFMA members in your region.

Contracts

Automate project commitments and change orders to prevent cost overruns, and track subcontract statuses, purchase orders, budget comparisons, committed costs, and payments.

Retainage

Streamline invoicing and payments with retainage management and tracking for progress and time and material billing. Calculate project cost commitments with retainage in purchase orders and review date-sensitive reports for period-end reconciliations.

Change Orders

Change orders facilitate profitability analysis and audit trails for project budgets and commitments. Manage vendor reductions with negative change orders and streamline workflows with drop-ship connections. Simplify change orders for multiple projects with unit rate changes, custom retainage, and cost-only requests.

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Advantages of Acumatica Construction

An ERP solution like Acumatica Construction Edition offers enormous benefits to construction companies. Construction accounting software provides real-time insights into business processes, enhancing decision-making and operational efficiency.

Accounting software, such as Acumatica, can significantly reduce costs by streamlining document management, financial forecasting, job cost accounting, and project management. This modern, cloud-based construction and accounting software also improves project margins and control, saving time and money while boosting productivity throughout various stages of building projects.

Real Time Insights

With a single, comprehensive system, you can access real-time data about your projects, enabling quicker decision-making processes and increasing project efficiency.

Cost Savings

By integrating all your business processes into one system, you can dramatically reduce administrative and operations costs.

Improved Collaboration

Acumatica allows unlimited user licensing, enabling better team collaboration. Role-based access security ensures that the right people have access to the right information.

Enhanced Capabilities

Acumatica ensures that you're always on top of compliance documents, reducing the risk of costly penalties.

Integration

Seamless integration with other industry-specific tools and systems ensures that all your data flows smoothly across different business processes.

Scalability

The platform grows with your business, providing the flexibility to scale up operations as needed without the need for additional systems.

ACUMATICA CONSTRUCTION

Industry Specific Solutions

Acumatica is highly flexible and fully customizable. Acumatica Cloud ERP comes ready to go out-of-the-box. However, should your business demand more specialized capabilities, Acumatica delivers with tailor-made integrations crafted to align perfectly with your distinct needs.

Built for Your Industry

Specialized Construction Solutions

Businesses in the construction industry face complex challenges that traditional ERP platforms cannot fully address. Acumatica offers a scalable, secure mobile cloud platform with AI and machine learning to connect all aspects of your business. Automate processes, communicate in real-time, and gain visibility into costs, budgets, and projects to save time and money. Modernize workflows with tools for compliance management, daily field reports, and certified payroll. Acumatica provides tailored solutions to meet the unique needs of each industry, ensuring efficient operations and seamless integration.

Some of the industries that benefit from Acumatica’s Construction Edition include:

  • General Contractors: Residential, Commercial, Industrial Builders
  • Plumbing, Heating, AC Contractors: Plumbing, HVACR, Sewer, Mechanical
  • Electrical Contractors: Electrical Installation and Repair, Telecom.
  • Specialty Contractors: Structural Steel, Iron Work, Glazing
  • Roofing, Siding, and Sheet Metal Contractors: Roofing, Skylights, Duct Work, Siding
  • Concrete Contractors: Foundations, Highway/Street, Paving
  • Excavation and Demolition Contractors: Digging, Grading, Wrecking
  • Masonry, Stonework, and Tile Contarctors: Cabinetry, Framing, Flooring Installation
  • Carpentry and Flooring Contractors: Steel mills, foundries, metal processing, die-casting
  • Painting and Plaster: Framing, Plastering, Paperhanging 
  • Land Developers: Commercial, Industrial, Residential Development
  • Engineering Firms: Civil, Electrical, Mechanical, Structural

Construction businesses across various industries rely on Acumatica Construction Edition for its robust features and flexibility.

FEATURED USE CASE

Cosmetics Manufacturing

Acumatica is a full cloud ERP solution that has all the features that manufacturers in the health and beauty industry need. Discover how Acumatica can be tailored to meet your unique requirements. See How
cosmetics use case

Getting Started with Acumatica Construction ERP

Acumatica Construction Edition is, indeed, a game-changer for the construction business. By leveraging its powerful features, your business can optimize processes, make informed decisions, and ultimately drive profitability. The platform’s advanced capabilities, such as real-time data access, intuitive dashboards, job cost accounting, mobile technology, and seamless integration, ensure that all aspects of your construction projects are managed efficiently.

With Acumatica Construction, you gain complete control over your projects, from initial planning through to final execution, ensuring that every aspect of your operations is streamlined and efficient. The key features of the platform provide the tools necessary for construction operations to run smoothly, enabling your team to focus on delivering high-quality projects on time and within budget.

So why wait? Embrace the future of construction management with Acumatica Construction Edition today and transform your business. Experience the benefits of a modern, cloud-based construction ERP software designed to meet the unique needs of the construction industry. With Acumatica, your construction company will be well-equipped to thrive in the digital economy, ensuring long-term success and growth.