Foundation Software Construction Accounting vs. RSMeans data, from Gordian (Costworks)

Working as a general contractor or subcontractor, I highly recommend Foundation Software Construction Accounting. I would not recommend it for anything outside construction, but it could still be used for other businesses.

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Well Suited: Construction cost estimates for new larger projects where the construction will start within the next 6-9 months. Budgetary estimates for future buildings through its square foot models. Not Well Suited: Not accurate enough on small projects where labor, travel to sites, and OH&P are a higher percentage of unit costs than on larger projects where these costs are spread out across more units.

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• Invoicing
• Reports
• Payroll

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• CostWorks is very good at generating quick and valid estimates for standardized facilities such as office buildings, schools, etc. It allows you to validate other cost estimates at the UniFormat level when doing an estimate validation.
• CostWorks' database of detailed line-items is a very resourceful asset when it comes to finding a very specific line-item. Sometimes, when using Success or MII, I will have CostWorks open on the other screen so I can find an item that the other softwares just don't have and build it into the other software from the CostWorks entry.
• CostWorks does a very good job of generating reports that are both well-developed and have enough detail at the summary level to be able to sit with a client or a project manager and have them follow along and understand without being overwhelmed with detail and numbers.

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• I think A/P Invoice approval could be much smoother.
• Purchase orders should be more detailed able to be issued and easily modified and enter invoices against them.
• A/P check distribution should let you select checks for ACH payment and printed check in the same run.

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• small project costs where labor is a bigger portion than materials on cost
• markup factors on governmental projects

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There are some things it lacks, certain reports or history audits. I have to call them to do certain things-submit a ticket and wait on someone to call back instead of getting someone immediately. Especially if it's urgent. I have to wait on them to push an update-and they usually run a week or 2 later- to pull quarterly or annual tax forms.

I give Foundation Software Construction Accounting this rating because once you learn the software and how detailed its with multiple steps to complete transactions, it is very user friendly and keeps you from making user errors.

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Support is usually pretty great. Most of the time return calls to tickets logged are fairly quick. Most everyone is knowledgeable and helpful.

I've never had the need to discuss CostWorks with a vendor.

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the person from them was impatient and would make comments about we've been over this

Personally,
I did not have a hand in deciding the software, but for our company is has not
led to increased productivity or made things easier. It has been more difficult
for payroll to be inputted correctly and the payroll reports for certified
payroll often come out incorrect and we need to manually figure out how to correct
the issues and get them in correctly

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CostWorks is a unique software for estimating as compared to the other softwares I have listed above. PACES is mostly used for federal modeling and really cannot be compared to Costworks. It has its own developed modeling database and has its own quirkiness and issues. MII has been developed for the USACE and utilized a user-developed folder structure and RS Means Database. I use CostWorks along side this software to find line-items that are not in the MII RS Means Database. Success has been developed for NAVFAC and again, utilizes a user-developed folder structure and RS Means Database. When I use this software, I ALWAYS have CostWorks open on the other screen as Success' RS Means database is extremely lacking when it comes to the number of detail line-items. Timberline is by SAGE and I use it mostly for DOS and FAA work. Of the 3 RS Means Database softwares, this one has the most detailed database for reference, however, there are times when I do have to look up an item that Timberline does not have and the first software I open is CostWorks.

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• Financial Management
• Return on Investmetn
• Job Costing

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• I don't really see any "negative" impacts on my business or my ROI by purchasing CostWorks. It's a valuable tool that we use, however, some of my colleagues do not use it or use it very infrequently.
• I find it well worth the cost even though we don't develop complete estimates in CostWorks due to client dictated softwares.
• It has provided very quickly-built estimating models that let our team and project managers know that the RFP or the task that they are contemplating bidding on or starting to work on is actually feasible to construction given the budget and directive.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info