CMiC Accounting is the foundation of a complete construction management ERP system designed to support the unique accounting requirements of construction and capital projects firms. It provides contractors with the necessary capabilities to manage jobs effectively through construction-specific accounting functionality and workflows.

Key Features

Financial Management Comprehensive tools for managing construction finances

• Accounts Payable and Accounts Receivable
• Consolidated General Ledger
• Billing and invoicing

Job Costing Detailed cost tracking and management for construction projects

• Labor cost management
• Material and equipment cost tracking
• Subcontract cost management

Revenue Management Tools for overseeing financial inflows

• Contractor invoice management
• Cash receipt tracking
• Revenue projection capabilities

Financial Reporting Robust reporting capabilities for informed decision-making

• Owner contract reporting
• Invoicing reports
• Cash receipts and projections analysis

Benefits

Unified Data Management Streamlined data flow across the organization

• Elimination of duplicate data entry
• Real-time data synchronization between field and accounting teams

Workflow Automation Improved efficiency through automated processes

• Reduced manual data entry
• Streamlined financial workflows

Enhanced Financial Visibility Comprehensive insights into project and company finances

• Accurate and timely financial reporting
• Improved decision-making capabilities

Construction-Specific Functionality Tailored features for the unique needs of the construction industry

• Industry-specific accounting workflows
• Specialized job costing capabilities