Accounts Receivable

Construction software that understands the challenges your business faces and provides simple solutions.

Construction software for accounts receivable needs to allow your business to easily deal with change. Spectrum® Accounts Receivable software lets you track change requests and change orders from the beginning to end of each project to remove any guesswork from final billing.

What does your Accounts Receivable look like today?
What could it look like tomorrow?

TODAY:

You have to maintain a separate customer for each job in order to generate an AR Listing by Job.

TOMORROW:

The same customer can have multiple jobs. Reporting can be sorted by job or customer.

TODAY:

Holdback accrued isn’t automatically calculated or tracked, you have to do it manually on complicated spreadsheets.

TOMORROW:

Holdback is automatically calculated per billing cycle and is tracked for both customers and contracts along with the GST/HST payable amount.

TODAY:

Change orders and change requests aren’t always tracked and sometimes you do work without getting paid.

TOMORROW:

Change orders and change requests are managed through Spectrum® Accounts Receivable so you can view all change orders (proposed and approved) throughout the project. The best part is that change orders have the single-entry system that automatically update your contracts, estimates and billing, so you won’t miss any potential revenue.

Wouldn’t It Be Nice?

Wouldn’t it be nice if your construction software reduced the amount of time you spent on accounts receivable and minimize human error?

Spectrum® Accounts Receivable is made to automate the reports your construction business needs. Now, all of the information you need to understand your current billing status for a particular job is detailed and accurate.

Key benefits of the Accounts Receivable construction software include:

  • Whether you need high-level or detailed information, the accounts receivable Account Inquiry lets you view both activity totals and itemized details
  • Each invoice can include collection notes and a log of events
  • Easily view information like open invoices or payments made with the Contract Detail Report
  • The Invoice Entry screen shows un-posted invoices and credit memos
  • No matter the amount of fields you need, the Contract File Maintenance screen lets you create an almost unlimited number of user-defined fields
  • Automatically rack customer Holdback invoices with the correct GST allocation.
  • Store as much of your A/R detail transactions as your want
  • Re-calculate year-end balance whenever data changes
  • Find both proposed and approved change orders
  • Simple to update change orders statuses from proposed to executed
  • Change orders automatically update the contract, estimate, and billing reports
  • Open items can be found when you input your cash receipts entry
  • Enter and track both non-A/R and miscellaneous cash receipts
  • Print statements by customer or contract
  • Calculate finance charges by customer
  • Set-up at the job level
  • Automatically bill for recurring invoices
Screenshot - Accounts Receivable

Standard Reports

  • Aged Open Items – Includes Holdback Column
  • Customer Sales
  • Customer Activity Details
  • Customer Listing
  • Sales G/L Distribution
  • Cash Receipts G/L Distribution
  • Change Order Profit
  • Sales Register
  • Statements
  • Tax
  • Billing Quantity History
  • Contract Activity Details
  • Contract Detail
  • Contract Summary
  • Contract Listing
  • Change Request Log
  • Change Request Pricing / Profit
  • Change Order Form
  • Change Order Log
  • Customer Satisfaction Query
  • Aged Open Items – Includes Holdback Column
  • Customer Sales
  • Customer Activity Details
  • Customer Listing
  • Sales G/L Distribution
  • Cash Receipts G/L Distribution
  • Change Order Profit
  • Sales Register
  • Statements
  • Tax
  • Billing Quantity History
  • Contract Activity Details
  • Contract Detail
  • Contract Summary
  • Contract Listing
  • Change Request Log
  • Change Request Pricing / Profit
  • Change Order Form
  • Change Order Log
  • Customer Satisfaction Query

The complete Construction Management Software package.

Our Construction Management Software will not only meet, but exceed your needs.