{"id":22810,"date":"2025-03-10T12:27:40","date_gmt":"2025-03-10T16:27:40","guid":{"rendered":"https:\/\/www.foundationsoft.com\/?p=22810"},"modified":"2025-09-15T08:34:45","modified_gmt":"2025-09-15T12:34:45","slug":"selecting-construction-accounting-software-based-solely-on-price","status":"publish","type":"post","link":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/","title":{"rendered":"Selecting Construction Accounting Software Based Solely on Price"},"content":{"rendered":"<p>Many construction business owners approach <strong>new technology purchases<\/strong> with an overemphasis on price.<\/p>\n<p>What\u2019s more, their concept of \u2018price\u2019 is often only considering the <a href=\"https:\/\/www.foundationsoft.com\/learn\/construction-accounting-advice-for-contractors\/\">construction accounting software<\/a> price tag and ignores the necessary costs associated with it. These related costs may include:<\/p>\n<ul>\n<li>Time and effort to research products<\/li>\n<li>Time and effort to implement a product<\/li>\n<li>Additional hardware or software needed to support the product<\/li>\n<li>Training and education of users<\/li>\n<li>Ongoing technical support<\/li>\n<\/ul>\n<p>Price-focused technology shoppers usually fall into one of two categories:<\/p>\n<ol>\n<li>Price becomes the No. 1 criteria for the selection process. <strong>Contractors<\/strong> focus on what they can afford instead of what they need.<\/li>\n<li>On the other end of the spectrum are those who believe that acquiring any technology is most important, no matter the price.<\/li>\n<\/ol>\n<p>Neither of these extremes usually end with the desired results \u2014 the real magic happens somewhere in the middle.<\/p>\n<p><strong>Key Takeaways For Contractors:<\/strong><\/p>\n<ul>\n<li>Contractors should look past the sticker price of construction accounting software and consider the value of having accurate job cost reporting and exact accounts payable and receivable tracking.<\/li>\n<li>Construction professionals should evaluate their specific business operation and cost accounting needs before selecting their construction software.<\/li>\n<li>Hidden costs from inefficient cost accounting systems can impact construction projects by not having real-time job cost data and data entry duplication.<\/li>\n<li>The right accounting software solutions provide real-time job costing that improves decision-making and operational efficiency.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Assess_Your_Construction_Companys_Needs\"><\/span>Assess Your Construction Company\u2019s Needs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While the costs of your next software solution matters, the most important thing is<strong> how it fits into your company\u2019s needs.<\/strong><\/p>\n<p>When it comes to <strong>construction accounting software<\/strong>, there are a few basic features that contractors frequently find themselves needing. These include:<\/p>\n<ul>\n<li><strong>Job cost reporting<\/strong><\/li>\n<li><strong>General ledger<\/strong><\/li>\n<li><strong>Accounts payable\/receivable<\/strong><\/li>\n<\/ul>\n<p>It\u2019s important to determine your needs before purchasing <strong>accounting software<\/strong> because it helps you choose the right option.<\/p>\n<p>If you go into the process without knowing your needs, you could overspend on construction accounting software or purchase a product your operations will quickly outgrow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Determine_Your_Accounting_Software_Budget\"><\/span>Determine Your Accounting Software Budget<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22827\" src=\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost.webp\" alt=\"\" width=\"965\" height=\"280\" srcset=\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost.webp 965w, https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost-660x192.webp 660w, https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost-768x223.webp 768w, https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost-150x44.webp 150w, https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Software-Cost-100x29.webp 100w\" sizes=\"auto, (max-width: 965px) 100vw, 965px\" \/><\/p>\n<p>The right construction cost accounting software can <strong>give your company a competitive edge<\/strong>, but purchasing a product that doesn\u2019t fit your operations can create administrative headaches for your accounting teams.<\/p>\n<p>While reviewing the <strong>upfront cost of the software<\/strong> is important, it\u2019s equally crucial to understand the impact of indirect costs caused by the wrong fit.<\/p>\n<p>A few examples include:<\/p>\n<ul>\n<li>Indirect costs of not having <strong>real-time job cost data<\/strong><\/li>\n<li>Indirect costs of having to create off-line reports on spreadsheets<\/li>\n<li>Indirect costs of <strong>duplicate data entry<\/strong><\/li>\n<li>Frustration and time spent with inadequate customer support<\/li>\n<\/ul>\n<p>In short, if more contractors took the time to assign dollar amounts to lost <a href=\"https:\/\/www.foundationsoft.com\/learn\/how-technology-bridging-gap-in-construction-efficiency\/\">productivity<\/a> and inefficiencies of operation, it might lead to a more realistic <strong>technology budget<\/strong>.<\/p>\n<a target=\"_blank\" href=\"\/construction-accounting-software-ebook\/\" class=\"blog-cta-image\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/2024\/05\/2024-05-FSL-blog-post-ad-5-ways-ebook.png\" alt=\"eBook Download\" title=\"eBook Download\"><\/a>\n<h2><span class=\"ez-toc-section\" id=\"Buy_for_Fit\"><\/span>Buy for Fit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It\u2019s important to understand that technology does not bring about organizational and procedure changes overnight. While <strong>accounting software offers powerful features<\/strong>, it really comes down to how it fits within your operations.<\/p>\n<p>One way to ensure the job cost accounting software fits your company\u2019s needs is to make a list of must-have features. A few examples include:<\/p>\n<ul>\n<li>Real-time <a href=\"https:\/\/www.foundationsoft.com\/learn\/does-construction-job-costing-really-matter\/\">job cost reporting<\/a><\/li>\n<li>Integration with your <a href=\"https:\/\/www.foundationsoft.com\/learn\/is-your-construction-payroll-getting-the-most-out-of-job-costing\/\">payroll<\/a> service or software<\/li>\n<li>The ability to build your own custom <a href=\"https:\/\/www.foundationsoft.com\/learn\/top-5-construction-reports-and-how-they-help-your-business\/\">financial reports<\/a><\/li>\n<li>Improving accounting processes<\/li>\n<\/ul>\n<p>By creating this list, you can narrow down your list to the strongest construction accounting software options.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Compare_Pricing_and_Schedule_Accounting_Software_Demonstrations\"><\/span>Compare Pricing and Schedule Accounting Software Demonstrations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Once you\u2019ve determined a few construction accounting software options that could fit your operations, you should <strong>review pricing<\/strong> and see where they fall within your <strong>technology budget<\/strong>.<\/p>\n<p>After determining a few strong options, there are a few steps you can take to help you find the right option:<\/p>\n<ol>\n<li>Create a set of questions that address your needs<\/li>\n<li>Schedule demonstrations with a few different software providers<\/li>\n<li>Attend the demonstration, take notes and ask follow-up questions<\/li>\n<li>Review each construction accounting software with other members of your team and create a pros and cons list for each<\/li>\n<li>Make your decision on the software that best fits your operations and needs<\/li>\n<\/ol>\n<p>Once you\u2019ve completed these steps, you should have construction accounting software that <strong>helps your business grow and reach its long-term goals<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Get_the_Jobsite_Information_You_Need_With_FOUNDATION%C2%AE\"><\/span>Get the Jobsite Information You Need With FOUNDATION\u00ae<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Identifying your needs, budget and must-have features are the most important aspects when selecting the right construction accounting software for your business.<\/p>\n<p>Taking the time to complete each of these steps ensures your company receives an accounting solution that scales as your operations continue to grow.<\/p>\n<p>FOUNDATION \u2014 a leading <strong>construction accounting software <\/strong>\u2014 offers real-time <a href=\"https:\/\/www.foundationsoft.com\/learn\/the-secrets-to-job-costing\/\"><strong>job costing<\/strong><\/a>, custom <strong>financial reporting<\/strong> and integration with payroll services.<\/p>\n<p>By investing in FOUNDATION, you receive a long-term accounting solution that gives you the information you need to make more data driven decisions to expand your operations.<\/p>\n<p>For more information, <a href=\"https:\/\/www.foundationsoft.com\/#schedule-a-live-demo\">speak with an expert today<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many construction business owners approach new technology purchases with an overemphasis on price. What\u2019s more, their concept of \u2018price\u2019 is often only considering the construction accounting software price tag and ignores the necessary costs associated with it. These related costs may include: Time and effort to research products Time and effort to implement a product Additional hardware or software needed &#8230; <\/p>\n<div><a href=\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\" class=\"more-link\">Read More<\/a><\/div>\n","protected":false},"author":60,"featured_media":22826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":"","inline_featured_image":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-22810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-category"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Selecting Construction Accounting Software Based Solely on Price<\/title>\n<meta name=\"description\" content=\"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Selecting Construction Accounting Software Based Solely on Price\" \/>\n<meta property=\"og:description\" content=\"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Foundation Software\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-10T16:27:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-15T12:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"963\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Barry Kaufman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Barry Kaufman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\",\"url\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\",\"name\":\"Selecting Construction Accounting Software Based Solely on Price\",\"isPartOf\":{\"@id\":\"https:\/\/www.foundationsoft.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp\",\"datePublished\":\"2025-03-10T16:27:40+00:00\",\"dateModified\":\"2025-09-15T12:34:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.foundationsoft.com\/#\/schema\/person\/b5bbba7b687d64aacde21ee3edf28988\"},\"description\":\"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage\",\"url\":\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp\",\"contentUrl\":\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp\",\"width\":963,\"height\":420},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.foundationsoft.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Selecting Construction Accounting Software Based Solely on Price\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.foundationsoft.com\/#website\",\"url\":\"https:\/\/www.foundationsoft.com\/\",\"name\":\"Foundation Software\",\"description\":\"Construction Software for Contractors\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.foundationsoft.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.foundationsoft.com\/#\/schema\/person\/b5bbba7b687d64aacde21ee3edf28988\",\"name\":\"Barry Kaufman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.foundationsoft.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2021\/05\/cropped-chevron-icon-100x100.png\",\"contentUrl\":\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2021\/05\/cropped-chevron-icon-100x100.png\",\"caption\":\"Barry Kaufman\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Selecting Construction Accounting Software Based Solely on Price","description":"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/","og_locale":"en_US","og_type":"article","og_title":"Selecting Construction Accounting Software Based Solely on Price","og_description":"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.","og_url":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/","og_site_name":"Foundation Software","article_published_time":"2025-03-10T16:27:40+00:00","article_modified_time":"2025-09-15T12:34:45+00:00","og_image":[{"width":963,"height":420,"url":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp","type":"image\/webp"}],"author":"Barry Kaufman","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Barry Kaufman","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/","url":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/","name":"Selecting Construction Accounting Software Based Solely on Price","isPartOf":{"@id":"https:\/\/www.foundationsoft.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage"},"image":{"@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage"},"thumbnailUrl":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp","datePublished":"2025-03-10T16:27:40+00:00","dateModified":"2025-09-15T12:34:45+00:00","author":{"@id":"https:\/\/www.foundationsoft.com\/#\/schema\/person\/b5bbba7b687d64aacde21ee3edf28988"},"description":"Don\u2019t just buy construction accounting software by price; get what fits your business, uncover hidden costs, and leverage job-cost reports that drive decisions.","breadcrumb":{"@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#primaryimage","url":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp","contentUrl":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2025\/03\/Construction-Accounting-Software-Price.webp","width":963,"height":420},{"@type":"BreadcrumbList","@id":"https:\/\/www.foundationsoft.com\/learn\/selecting-construction-accounting-software-based-solely-on-price\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.foundationsoft.com\/"},{"@type":"ListItem","position":2,"name":"Selecting Construction Accounting Software Based Solely on Price"}]},{"@type":"WebSite","@id":"https:\/\/www.foundationsoft.com\/#website","url":"https:\/\/www.foundationsoft.com\/","name":"Foundation Software","description":"Construction Software for Contractors","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.foundationsoft.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.foundationsoft.com\/#\/schema\/person\/b5bbba7b687d64aacde21ee3edf28988","name":"Barry Kaufman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.foundationsoft.com\/#\/schema\/person\/image\/","url":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2021\/05\/cropped-chevron-icon-100x100.png","contentUrl":"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2021\/05\/cropped-chevron-icon-100x100.png","caption":"Barry Kaufman"}}]}},"_links":{"self":[{"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/posts\/22810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/comments?post=22810"}],"version-history":[{"count":0,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/posts\/22810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/media\/22826"}],"wp:attachment":[{"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/media?parent=22810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/categories?post=22810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundationsoft.com\/wp-json\/wp\/v2\/tags?post=22810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}