2024 MYOB Construction
MYOB Acumatica: Construction.
Efficiently manage budgets, projects, and contracts on any device
Proactively identify problem areas in current jobs, accurately estimate future projects, increase collaboration across teams and streamline time-intensive processes to avoid delayed projects; with MYOB Acumatica Construction Software.
Reduce project complexities
Reduce project complexities by managing customers, budgets, teams and schedules in one cohesive cloud platform
Real-time project visibility
Access real-time information into the details of your project and job costing, making sure your projects remain on track and budget
Control costs and changes
Deliver great client experiences by being able to anticipate scope changes and the related impact to the project schedule, costs and billing
Forecast future jobs
Estimate and forecast upcoming projects which will help reduce costs and going over budget
JOB COSTING
- Easily manage AP workflows, from entering an invoice through approval routing and cutting checks
- Seamless customer billing, driven by real-time project costing, including up-to-date costs on labor, material, equipment, and more
- Detailed job cost information to identify problem areas and accurately estimate future projects
PROJECT MANAGEMENT
- Gain a complete view of your project details including real-time field updates
- Provide instantaneous information flow between your project management team, back-office workforce, and management
- Easily manage and track all activities, issues, changes, project documents, and job costs from one central area
COMMITMENTS
- Control cost overruns by automating your project commitments and change order processes
- Easily create and track the status of your subcontracts and purchase orders
- Compare budgets to actuals, track line-item committed costs, and monitor up to date vendor payment status
COMPLIANCE
- Effectively manage lien waivers and releases, insurance certificates, and status updates
- Provide expiration and other alerts to staff and suppliers
DAILY FIELD REPORTS
- Streamline field management
- Time collection, subcontractor updates, and job site visitor data all recorded
- Issue and change request tracking and job site weather updates
MYOB ACUMATICA PRODUCT CAPABILITIES
Project accounting
Track the true cost of internal product research and development.
Subcontract Management
Manage the subcontractor commitments against your projects.
Compliance Tracking
Track compliance requirements such as insurance and certification against projects and subcontracts.
Change Management
Changes can arise from multiple sources. Track and obtain approval for changes from change requests, through to change orders outlining impact to budgets and timelines.
Project Management
Track all aspects of project information relating to the construction project including RFI’s, Project issues, Daily Field Reports, Photo logs and submittals.
Retention Management
Track retentions associated to your subcontractors and contract billing.
Forecasting
Forecast revenue attributable to a project in order to manage cash flow.
Purchase order management
Reduce costs through consolidated, automated purchasing process to support the delivery of the required goods at the right time and cost.
Revenue and Cost budgeting
Create and manage revenue and cost budgets associated to a project and maintain a history of changes.
Taxable Payments Annual Reporting
Track payments to subcontractors for annual TPAR reporting.
Contract Claim Management
Generate contract claim documents for your customers.
Financial Management
Full financial management of your company or group of companies whether local or geographically dispersed.
MYOB ACUMATICA INTEGRATES WITH:
MYOB Acumatica Resources
Procore Integration
The power of MYOB Acumatica Construction Edition with Procore gives you the ability to seamlessly share your accounting and project data between your office and field. This includes easily exporting and synchronising records between MYOB Advanced and Procore for your customers, vendors, projects, cost
codes and more.
MYOB Construction for General Contractors
Construction projects are a sea of moving parts. As a general contractor, your ability to complete projects on time and on budget depends entirely on the level of collaboration between your central office and your field staff.
MYOB Construction for Home Builders
A cloud platform for construction gives home builders access to business-critical information anytime, anywhere. Manage your customers, subcontractors, and every aspect of the home building process with ease and complete control.
MYOB Construction for Subcontractors
Whether you’re tracking materials to and from job sites or managing time and materials on your plumbing, HVAC, electrical, mechanical, and other projects, you need accurate, timely project data so that you can make the strategic decisions that will move projects – and your business – forward.
