In the construction industry, success depends on staying on schedule and on budget, no matter what surprises come your way. And that requires that you effectively manage a complex ecosystem of employees, contractors, subcontractors, material vendors, and more. With labor shortages reported in many areas and the cost of materials rising, it’s never been more important that you have a powerful and nimble accounting solution that gives you the visibility you need to optimize your financial management now, while offering the ability to scale as your business grows.
In this article we compare Intuit QuickBooks solutions (including QuickBooks Enterprise and QuickBooks Online Advanced), which serve growing construction businesses, to an accounting software competitor, Sage, to evaluate their viability for construction firms.
These comparisons are based on both verifiable vendor claims, third-party reviewers like G2 and Capterra (tech marketplaces where businesses can provide their unbiased opinions and review software solutions), and objective accounting software reviews from PCMag and Techradar.
Intuit QuickBooks Enterprise and QuickBooks Online Advanced: Background
QuickBooks solutions save time and effort by centralizing daily financial processes and functions in a streamlined, easy-to-use interface.
With optional cloud access added, QuickBooks Enterprise’s cloud-based data and dashboards help construction users manage everything from project costing and profitability to labor and material costs.
QuickBooks Enterprise Contractor Edition is an integrated solution designed for growing construction businesses (up to 100 employees) that helps companies streamline business and financial operations management. It bundles key functionality and lets business owners add new tools and capabilities as they grow. QuickBooks Enterprise integrates with leading point solutions like Salesforce to create a customized, connected field service and back-office experience.
QuickBooks Online Advanced is a cloud-based solution designed for growing small businesses that also helps users streamline business and financial operations management. It’s offered at a lower price point than Enterprise, but it shares many of the same features, including integration with Salesforce and more than 600 powerful apps.*
Sage helps businesses manage their accounting needs, including operations, people, payroll, and payments, with solutions for construction businesses of different sizes. These solutions can be delivered wherever they’re needed—in the cloud, on-premises, or both.
QuickBooks vs. Sage 50cloud for growing construction businesses
For construction business management, Sage offers Sage 50cloud. Users can add Sage People and Sage HRMS to their package for enhanced HR and human capital management capabilities.
QuickBooks is a portfolio of scalable financial and business management solutions with an intuitive interface. With two core offerings, QuickBooks Online Advanced and QuickBooks Enterprise, and the ability for construction users to customize their software to meet their unique needs, QuickBooks can be configured to fit the needs of growing construction businesses.