Foundation Software headquartered in Strongsville, Ohio offers their construction accounting and payroll software. The vendor states that their job costing construction accounting software is designed to be easy to use and provides the accounting and management tools needed to run a successful construction business.
N/A
Microsoft Dynamics GP
Score 5.1 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
N/A
TermSync
Score 10.0 out of 10
N/A
TermSync is a cloud-based accounts receivable management platform. It helps companies get paid faster, reduce administrative costs, and improve customer relationships. It works with clients’ existing accounting systems and can be up in running in a day or less. Companies can choose from various modules including invoice delivery, customer portals, collection workflow management, and advanced reporting & analytics. TermSync was acquired by French company Esker in January 2015.
N/A
Pricing
Foundation Software Construction Accounting
Microsoft Dynamics GP
TermSync
Editions & Modules
No answers on this topic
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Foundation Software Construction Accounting
Microsoft Dynamics GP
TermSync
Free Trial
No
No
No
Free/Freemium Version
No
No
No
Premium Consulting/Integration Services
Yes
No
No
Entry-level Setup Fee
No setup fee
No setup fee
No setup fee
Additional Details
—
—
—
More Pricing Information
Community Pulse
Foundation Software Construction Accounting
Microsoft Dynamics GP
TermSync
Features
Foundation Software Construction Accounting
Microsoft Dynamics GP
TermSync
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Foundation Software Construction Accounting
7.1
4 Ratings
1% above category average
Microsoft Dynamics GP
-
Ratings
TermSync
-
Ratings
Employee demographic data
5.12 Ratings
00 Ratings
00 Ratings
Employment history
6.94 Ratings
00 Ratings
00 Ratings
Job profiles and administration
9.52 Ratings
00 Ratings
00 Ratings
Workflow for transfers, promotions, pay raises, etc.
7.23 Ratings
00 Ratings
00 Ratings
Organization and location management
5.12 Ratings
00 Ratings
00 Ratings
Compliance data (COBRA, OSHA, etc.)
9.01 Ratings
00 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Foundation Software Construction Accounting
7.7
4 Ratings
13% above category average
Microsoft Dynamics GP
6.4
20 Ratings
17% below category average
TermSync
-
Ratings
Pay calculation
7.53 Ratings
6.319 Ratings
00 Ratings
Support for external payroll vendors
10.01 Ratings
00 Ratings
00 Ratings
Off-cycle/On-Demand payment
8.24 Ratings
00 Ratings
00 Ratings
Benefit plan administration
7.53 Ratings
5.915 Ratings
00 Ratings
Direct deposit files
6.13 Ratings
7.518 Ratings
00 Ratings
Salary revision and increment management
7.23 Ratings
6.517 Ratings
00 Ratings
Reimbursement management
7.23 Ratings
6.016 Ratings
00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Foundation Software Construction Accounting
7.2
3 Ratings
6% above category average
Microsoft Dynamics GP
-
Ratings
TermSync
-
Ratings
Tracking of all physical assets
7.23 Ratings
00 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Foundation Software Construction Accounting
7.8
4 Ratings
2% above category average
Microsoft Dynamics GP
5.4
41 Ratings
37% below category average
TermSync
-
Ratings
Dashboards
9.53 Ratings
3.529 Ratings
00 Ratings
Standard reports
7.54 Ratings
6.239 Ratings
00 Ratings
Custom reports
6.94 Ratings
6.539 Ratings
00 Ratings
Data exportability
7.24 Ratings
00 Ratings
00 Ratings
Construction Project & Field Management
Comparison of Construction Project & Field Management features of Product A and Product B
Foundation Software Construction Accounting
8.9
4 Ratings
18% above category average
Microsoft Dynamics GP
-
Ratings
TermSync
-
Ratings
Plan distribution & viewing
10.01 Ratings
00 Ratings
00 Ratings
Plan markups & sharing
10.01 Ratings
00 Ratings
00 Ratings
Photo documentation
9.02 Ratings
00 Ratings
00 Ratings
Jobsite reports
10.01 Ratings
00 Ratings
00 Ratings
Document sharing
9.53 Ratings
00 Ratings
00 Ratings
Collaboration & approvals
9.01 Ratings
00 Ratings
00 Ratings
Mobile app
6.92 Ratings
00 Ratings
00 Ratings
Change orders
6.93 Ratings
00 Ratings
00 Ratings
Estimating
Comparison of Estimating features of Product A and Product B
Foundation Software Construction Accounting
8.5
3 Ratings
12% above category average
Microsoft Dynamics GP
-
Ratings
TermSync
-
Ratings
Job costing
6.93 Ratings
00 Ratings
00 Ratings
Cost databases
9.52 Ratings
00 Ratings
00 Ratings
Cost calculator
9.01 Ratings
00 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Microsoft Dynamics GP
4.3
27 Ratings
55% below category average
TermSync
-
Ratings
API for custom integration
00 Ratings
2.526 Ratings
00 Ratings
Plug-ins
00 Ratings
6.021 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Microsoft Dynamics GP
7.0
40 Ratings
16% below category average
TermSync
-
Ratings
Single sign-on capability
00 Ratings
5.932 Ratings
00 Ratings
Role-based user permissions
00 Ratings
8.240 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Microsoft Dynamics GP
5.1
48 Ratings
40% below category average
TermSync
-
Ratings
Accounts payable
00 Ratings
6.445 Ratings
00 Ratings
Accounts receivable
00 Ratings
5.936 Ratings
00 Ratings
Cash management
00 Ratings
6.436 Ratings
00 Ratings
Bank reconciliation
00 Ratings
5.741 Ratings
00 Ratings
Expense management
00 Ratings
4.531 Ratings
00 Ratings
Time tracking
00 Ratings
8.014 Ratings
00 Ratings
Fixed asset management
00 Ratings
4.628 Ratings
00 Ratings
Multi-currency support
00 Ratings
2.919 Ratings
00 Ratings
Multi-division support
00 Ratings
3.026 Ratings
00 Ratings
Regulations compliance
00 Ratings
3.314 Ratings
00 Ratings
Electronic tax filing
00 Ratings
9.012 Ratings
00 Ratings
Self-service portal
00 Ratings
7.012 Ratings
00 Ratings
Global Financial Support
00 Ratings
6.07 Ratings
00 Ratings
Primary and Secondary Ledgers
00 Ratings
4.721 Ratings
00 Ratings
Intercompany Accounting
00 Ratings
3.918 Ratings
00 Ratings
Localizations
00 Ratings
4.513 Ratings
00 Ratings
Journals and Reconciliations
00 Ratings
4.726 Ratings
00 Ratings
Enterprise Accounting
00 Ratings
2.916 Ratings
00 Ratings
Configurable Accounting
00 Ratings
4.117 Ratings
00 Ratings
Centralized Rules Framework
00 Ratings
3.814 Ratings
00 Ratings
Standardized Processes
00 Ratings
6.219 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Microsoft Dynamics GP
4.6
26 Ratings
46% below category average
TermSync
-
Ratings
Inventory tracking
00 Ratings
6.224 Ratings
00 Ratings
Automatic reordering
00 Ratings
1.013 Ratings
00 Ratings
Location management
00 Ratings
4.018 Ratings
00 Ratings
Manufacturing module
00 Ratings
4.615 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
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.
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
If you are one person or managing 10, TermSync allows you to track what you and your team is working on. When to follow up with customers so that no one is missed. It allows you to see if each teammate is pulling their weight and getting done what needs to be done or if more help is needed. The Executive Metrics reports give you all the information for month end reporting and also shows you the weaknesses so you can motivate your team to excel in those areas.
Great Plains started as back office/accounting, and that is still it's strong suit.
SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
Strong partner network, including the GP User Group (GPUG)
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
Reporting. It is hard for TermSync to create a report for every business type out there so you may need to have some things customized, but they are always willing to assist.
The requirements needed to accept payments online requires some information that larger companies may not want to give out.
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.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
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.
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
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
I come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
When researching for this type of product, I did reach out to other vendors. I worked closely with Billtrust in the past and they were lacking in this area when I was ready to make my move. It is my understanding that they have something very robust in the works but I can't say where that will fall on the cost spectrum. By comparison, other companies, like Get Paid had priced themselves right out of our market. TermSync gave us the tools we needed at a price we could afford in the least amount of time and very little assistance from our IT Group, which was a big relief.
Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!