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Control cash flow with construction financial software

Ensure total cost control with construction financial software that unlocks full visibility across projects. Track cash flow with accurate, real-time data. Automate payments with digital transactions and make data-driven decisions with powerful analytics.

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Build better business intelligence with Access Coins financial software for construction

By increasing visibility of existing assets, contracts and expenses, Access Coins can help construction companies simplify and streamline their financial processes.  

Instead of relying on manual receipts and filling out forms, construction companies can enter data into a designated workflow with Access Coins. This increases both efficiency and productivity while also guaranteeing that important financial data isn’t lost.  

Expense requests can be approved instantly, suppliers can be paid with digital transactions, and better, data-driven business decisions can be made.  

  • Provides a centralized repository for contracts, health and safety documents and other valuable financial information. 
  • Time-consuming management and board reports are automated using Coins, saving valuable time for high-value work and analysis.  
  • Companies are able to stay compliant to statutory regulations with document management that automatically tracks changes to financial data. 
  • Access Coins is designed to eliminate the need for multiple software solutions within a construction company. It offers quality financial tools, designed to be used by construction experts. 
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Access Coins construction financial management software – key features

Access Coins financial management software takes into account every aspect of a construction business, from procurement to subcontractor and supply chain management to billing, providing an accurate overview of cashflow and financial health.  

Board and Management Reporting  

Build custom reports that update automatically as information changes. Monthly, quarterly or year-end reporting eliminates manual data collation, enabling quicker and better-informed decision-making. 

Custom Dashboards 

A flexible coding infrastructure allows construction companies to build tailored financial dashboards providing granular insight in any area of a business.  

Audit Trails 

Full audit trails are maintained in Access Coins for both transactional and non-transactional data, enabling hands-free compliance with any internal or external auditing needs. 

Document Management 

Replacing paper-based records with a digital capturing system enables invoices, receiving tickets and more to be stored compliantly with no additional administrative work.  

Forecasting 

Sophisticated financial forecasting creates the opportunity to plan ahead more effectively for the months and even years to come.  

Asset Management 

Full visibility of fixed assets, equipment usage and inventory helps financial managers identify and manage the profitability of assets, and helps businesses maintain a steady cashflow 

Transform your operations with Access Coins financial management software

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Eliminate paper processes with secure cloud financial management 

Access Coins eliminates the need for paper and manual processes, enabling purchasing and payment applications to be completed within one portal. Data is hosted securely on the Cloud with customizable access for each user, preventing leakage of confidential information. Save significant administration time, avoid errors and make financial decisions with confidence.  

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Smart asset management   

The financial capabilities of Access Coins are strongly tied to not only financial, but asset management. Instead of viewing financials and asset management as separate entities, businesses can use important asset data to track the ROI of their inventory to identify areas for savings. With the sophisticated asset management capabilities of Access Coins, users can understand the value of their purchases and make better informed decisions.  

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Supplier, customer and contractor management made simple 

Access Coins provides a self-service portal with electronic trading to create a smooth experience for suppliers, contractors and customers. By giving employees, customers and subcontractors the tools to complete purchases, Access Coins helps construction companies improve relationships and save time on negotiation and data input for both sides of a transaction.  

Case study – Hooper Corporation

Hooper uses Access Coins’ forecasting and reporting capabilities to aid their growth, alongside using multi-currency features to handle transactions across both the US and Canada.    

“…we needed to price all transactions throughout the year at the various currencies to meet the standard for both Canada and the US. It takes hours to do that, so having a system that can do that on the fly each week as you go through processing probably takes 40 to 80 hours of work off our plate at year end.”  

Bob Schaller, Treasurer and Secretary, Hooper Corporation   

Learn how Access Coins can transform construction businesses like Hooper. 

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 Track cash flow with accurate, real-time data today

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More features of Access Coins

Project Management 

From managing documents to billing, connect your teams and projects with project management software designed for construction.  

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Workforce Management

Reduce errors and improve payroll efficiencies with software that documents, tracks and monitors time collection, taxes and payroll in real-time, backed up by comprehensive reporting.  

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Supply Chain Management 

Improve relationships with your supply chain, manage deadlines and predict roadblocks.  

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Field Service Management

With real-time data and remote access, Coins field service management tools unite all aspects of service operations from agreements, billing and maintenance to visit scheduling and dispatch. 

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Implementation, support and training from Access Construction 

Access Construction works in partnership with your business to ensure you get the most from your ERP. 

Seamless Implementation 

Our construction technology consultants work closely with your team to prepare, validate, launch and review your software.

Training and onboarding

We tailor our training to different roles and work with your team to deliver training that sticks.  

Award-winning support services

Our knowledgeable support team are there to quickly solve issues which may arise. Technical support is available both online and on the phone. Premier Success Plan members have a dedicated Customer Success Manager and access to a designated Lead Technical Support Engineer.

Construction financial software FAQs

What is construction financial software? 

Construction financial software refers to specialized software solutions designed to address the unique financial management needs of construction companies.  

These software systems provide robust features tailored to the construction industry, allowing firms to effectively manage their finances throughout the project lifecycle. Key functionalities of construction financial software typically include: 

  • Budgeting and Estimating: Tools for creating accurate project budgets and estimates, considering factors such as labor, materials, equipment, and overhead costs. 
  • Cost Tracking and Cost Management: Ability to track project expenses in real-time, monitor budget vs. actual costs, and identify areas for cost-saving opportunities. 
  • Invoicing and Billing: Features for generating invoices, tracking payments, and managing billing cycles to ensure timely and accurate billing to clients and subcontractors. 
  • Job Costing: Capability to allocate costs to specific projects or job phases, enabling accurate cost allocation and profitability analysis. 
  • Financial Reporting: Reporting tools that provide insights into financial performance, including profit and loss statements, balance sheets, cash flow analysis, and project-specific financial reports. 
  • Integration with Accounting Systems: Seamless integration with accounting software or wider ERP systems to streamline financial processes and ensure data accuracy. 

What software is used in construction accounting? 

Typically, the most common types of construction accounting software in the US include:  

  • Enterprise Resource Planning (ERP): Comprehensive software integrating various business functions, including financials and accounting, project management, and supply chain management. 
  • Construction-specific Accounting Software: Tailored solutions designed specifically for the construction industry, offering features such as job costing, progress billing, and subcontractor management. 
  • Project Management Software with Accounting Modules: Project management platforms that include accounting modules for tracking project expenses, invoicing, and financial reporting. 
  • General Accounting Software: Traditional accounting software used by businesses across industries, offering basic accounting functionalities like general ledger, accounts payable, and accounts receivable. 
  • Cloud-based Accounting Software: Online accounting platforms that provide flexibility and accessibility, allowing users to access financial data from anywhere with an internet connection. 
  • Estimating Software with Accounting Integration: Estimating tools that integrate with accounting systems to streamline the transition from project estimation to financial management. 

Each of these software types serves a specific purpose in construction accounting, helping construction firms manage their finances effectively and ensure compliance with industry regulations. 

What should I look for in construction accounting software?

When selecting construction accounting software, consider the following factors: 

  • Industry-specific Features: Ensure the software offers features tailored to the construction industry, such as job costing, progress billing, and subcontractor management. 
  • Integration Capabilities: Look for software that seamlessly integrates with other systems, such as project management software or ERP systems, to streamline workflows and data management. 
  • Scalability: Choose software that can scale with your business as it grows, accommodating increased project complexity and volume. 
  • Ease of Use: Prioritize user-friendly interfaces and intuitive workflows to ensure ease of adoption and minimal training requirements for your team. 
  • Comprehensive Reporting: Opt for software that provides robust reporting capabilities, including financial reports, project profitability analysis, and compliance reporting. 
  • Mobile Accessibility: Consider software that offers mobile accessibility, allowing users to access financial data and perform tasks from anywhere with an internet connection. 
  • Customer Support: Select a reputable vendor that offers responsive customer support and ongoing updates and maintenance to ensure smooth operation of the software. 

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Coins

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Control cashflow, ledgers, assets, billing and payments in a single system

Unlock insights from your financial data with Access Coins. Construction financial management software allows a greater visibility of existing assets and contracts, enabling better decisions throughout every area of your company. Access Coins helps construction companies benefit from intelligent digital financial reporting while eliminating paper administration. Find out more about how Access Coins financial management can revolutionize your construction business.

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