Foundation Software Construction Accounting vs. Oracle Aconex

We are a multi-million dollar company with 12 various divisions. This software has proven to be beneficials in many ways through out all the various uses in all of our divisions of the company. There is an ease of use that comes with using foundation that we have not found in many other software's

Incentivized

When it comes to budgeting and also tracking of budgeting, and project scheduling, I effectively recommend Oracle Aconex on that. Safety management and the compliance management processes are quite effective using this platform as well as the easy project activities reporting.

Incentivized

• Detail completion of all transactions.
• Easily job cost all of your projects.
• Easy reports.
• Year end closing function.
• Tracking work completed, percent of completion for all projects.
• Detailed records.

Incentivized

• File Sharing - unlimited storage, version control and access control on a neutral host - Aconex is significantly superior to ftp, SharePoint or a contractor hosted platform in that once onboarded, each user organization has equal privileges and can in turn onboard any number of members within the respective organizations.
• Process and Workflow Management - while imperfect, Aconex offers the opportunity to customize process control and enforcement. Our team used these processes for RFI preparation and response, submittal tracking and other custom requirements.
• Neutrality - while mentioned, the neutral host places all project participants on a equal basis. Typically, non-neutral platforms favor in-house participants to the detriment of the project. Until shared, files are 100% private to the respective organizations.
• Mobile interface - good (not perfect) access to unlimited project file information from a mobile device.
• Audit trail - no more "I didn't get that document". File sharing and file opening is tracked by user. Transmittals are a matter of record and there's no 'delete' function.

Incentivized

• 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.

Incentivized

• Oracle Aconex has no compliance management
• More so, equipment management and asset valuation is missing.
• The accounting integration lacks on Oracle Aconex.

Incentivized

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.

Foundation is a fantastic software for our varied business. The fact that its feature set has allowed the ability to be tailored precisely to the requirements of our various divisions is the main reason we continue utilizing this software. Our company's financial administration duties, such as billing, invoicing, and trust accounting, have been greatly streamlined by Foundation's powerful and user-friendly accounting module. The synchronizing of data and allows for efficient workflows with other systems. This software greatly simplifies our processes and allows for efficiency and growth.

Incentivized

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

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

I have not used other construction accounting software.

Incentivized

Oracle Aconex has numerous tracking capabilities, from the licensing, the insurance part, among the budgetary or costs. More so, Oracle Aconex has the offline access, a form of back up, to ensure that all operations are meet on time. The program increases or improves the skills and the knowledge base of the employees.

Incentivized

• Double input for payroll.
• Certified payroll reports lacking.
• Takes more time.

Incentivized

• Being able to communicate with a client for document submission.
• Client communication for mail that is traceable.
• Double handling of documents, as we have another internal document control program.

Incentivized