Foundation Review - why 4.2 stars?

Shlomi Lavi / updated: Mar 11, 2022

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What is Foundation?

FOUNDATION software is construction accounting that incorporates job costing, scheduling, and project management tools and that is deployed through on-premise or through the cloud. This platform provides numerous automatic job costing formats & reports, as well as the capability to build custom reports.

Using the FOUNDATION construction accounting software, the users are able to track financials, as well as report vital, construction-related information such as the prevailing-wage rates, retainage, multiple trades, certified payroll, percentage complete, job activities, equipment usage and more.

The core features of FOUNDATION software include job costing, payroll, project management, executive dashboards, mobile, and cloud/SaaS among others. The cloud/SaaS feature allows users to use the application from anywhere through their mobile devices. FOUNDATION software is a product of Foundation Software based in the USA.

Who is it best for?

Since it’s for the construction industry, it’s an ideal choice for contractors. Construction companies that are intent in making their project management work more transparent and cost effective have an ideal application in Foundation.

Main features and functionalities

Foundation offers strong construction functionality like payroll for union and merit shops, certified payroll, AIA billing, job cost & profitability, work in progress, overhead allocation, prevailing wage, minority compliance and over/under billing to name just a few. The system comes standard with the following modules: Job Cost, Payroll, General Ledger, Accounts Payable, Accounts Receivable, Purchase Order/Subcontract, CPA Audit/Review and the DataGenie Series of report and timecard designers and export/import utilities. Additional modules include Project Management/Document Control, Scheduling, Executive Dashboard, Service Dispatch, Equipment , Fixed Assets, Inventory, Time& Material Billings, Unit Price Billing, and Consolidated General Ledger. Foundation mobile - a remote timecard entry application that works with phones, tablets and other popular handheld devices; and Foundation eAccess - an employee portal for paystub information, Foundation works for contractors of various trades and sizes (Both on-premise software or cloud versions are available.)

What is the actual cost?

ITQlick pricing score is 8.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Foundation.

Pros

• It has both a current, easy to use interface that reduces the time needed to learn how to use it.
• Foundation Software is the original author and developer; everything from programming through support and sales is handled directly through corporate.
• Foundation’s cloud option makes it possible for users to carry out tasks anywhere.
• Foundation Software provides extensive support and training to new customers, ongoing support, and advanced training options for continued learning.
• It’s a feature-rich application that was design to grow with a contractor.

Cons

• Because of its robustness, it may not be ideal for a one off project as learning how to use it and understanding all its features must be factored in.

How it stacks up?

Access a head to head analysis of Foundation vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Foundation right for you or your business?

FOUNDATION software is construction accounting that offers job costing, scheduling, and project management tools for large, mid-level or small businesses. The system serves both companies who have local servers and want the on-premise solution, and those who require a simple cloud-based solution. General Contractors, Homebuilders, and Land Developers are among the common users of this software.