Construction Finance Software for FDs & Controllers

The platform 3000+ construction businesses rely on

What finanance teams are measured on

Gross and net margin control, cash flow accuracy, WIP and CVR accuracy, taxation governance, receivables collection and cost control against budget. At group level, consolidated P&L across entities and currencies, board and audit committee reporting, and EBITDA.

Margin control

Gross and net margin, cost against budget

Cash accuracy

Forward cash position and receivables

Governance

CIS, RCT, reverse charge VAT, audit trail

Your week

Month-end isN'T JUST ABOUT CLOSING THE BOOKS, IT's ABOUT UNDERSTANDING
PROJECT PROFITABILITY

What the week looks like on disconnected systems, and what changes when project and finance data sit in one place.

Today

Data is rekeyed and reconciled between disconnected systems and isolated spreadsheets.

No live cash position. Bank balance and aged debtors are checked manually, so decisions lag.

CIS, RCT and reverse charge VAT queries mean chasing data across two systems instead of one audit trail.

Company-level and job-level data sit apart, so reports are rebuilt from scratch rather than drilled into.

Invoices are keyed and matched to POs and GRNs by hand, spiking the period-end workload.

WIP and CVR are collated by hand. Group reporting is a manual assembly job across entities.

With Eque2

One data set behind project cost, applications, valuations, WIP and the ledger.

Cash position and aged debt are live, so the forward view is there before the meeting.

Construction tax rules and subcontractor documentation are handled in the system, with the audit trail attached.

Board-level numbers drill straight through to the job that moved them.

Invoice capture and three-way matching run automatically against orders and delivery notes.

WIP and CVR generate from live project data. Group consolidation is a report, not a project.

Outcomes

What changes for finance

Mapped to the numbers you own, not to a feature list.

Real-time cash and working capital

Faster, more confident decisions and less exposure to a cash shortfall you did not see coming.

Stronger compliance and governance

Lower risk and clear evidence that regulatory obligations are being met.

One source of truth, board to job

Move from group performance across companies and locations to project detail without reconciliation.

Faster period-end close

Automated transaction processing cuts manual effort and takes days out of the close.

Turn earned value into recovered cash

Control over billing processes, so recoverable revenue is invoiced, certified and collected.

Forecasting, not reactive reporting

Better planning, improved cash management and decisions made on where the business is going.

See how Eque2 works for YOUR BUSINESS.

Book a call with a construction software specialist. We’ll show you the product live, mapped to where your business is now and where it’s going next.

Book a demo

The screens your team opens every day

The capabilities finance personally touches, framed around the job rather than the whole product.

01 Connected data

Commercial and financial data from one record

Project costs, client billing, direct labour and subcontractor costs, financial reporting all draw from the same underlying data. No duplicate records, no manual reconciliation between spreadsheets, commercial system and the ledger.

02 Compliance

Construction tax rules handled in the system

See exactly where every subcontractor stands, track verifications, payment status, andcommitments in one place without chasing updates.

Subcontractor applications, payments, and billing run through a single workflow, so you stay compliant with CIS, RCT, and reverse charge VAT as you go, not after the fact.

03 Forecasting and BI

Cost overruns and cash risk, found early

Consolidated dashboards bring commercial, financial and operational data into one view, so overruns, cash flow risk and project performance issues show up before they reach the P&L.

Group performance in one view

Consolidated reporting across companies, locations and projects, highlighting trends, profitability, cash flow and areas of risk. Available in Evision.

Live WIP, CVR and cost management

Track actual, committed and recoverable cost against budget continuously, with WIP and CVRs generated from live project data so margin risk is identified earlier.

Paperless document management

Reduce manual administration with integrated document capture and management. Store, retrieve, and access supporting project and financial documents from a single system

Controlled, auditable approvals

Configurable approval workflows to force spending limits across projects and keep visibility expenditure before it affects contract performance.

Which product

Construct or evision

Both run the same finance model. The split is scale and how configurable it needs to be.

Construct

Job costing, client billing, subcontractor management, CIS and approvals all live within a core solution, integrated with your accounts package.

Explore Construct

Integrates with Sage 50, Sage 200, Sage Intacct, Sage Payroll, Xero and Xero Payroll.

Evision

For enterprise groups. Multi-company, multi-location and multi-currency consolidation and board reporting, configurable to how the business is actually run.

Explore Evision

Built on Microsoft Dynamics 365 Business Central.

The numbers you report on

Your board pack, built from live data

The dashboard finance would actually report from, drawn from the same records the project teams work in.

Days to close

Cash position

Contract margin

WIP and retentions

Aged debt

Cost at completion

other Finance leaders who made the move

"We process 700 to 800 invoices a month, which used to take us 9 minutes per invoice. Since using Eque2's invoice recognition, we have reduced that down to 30 seconds."

Douglas Aitkin

Managing Director,
Lochlie Construction

"Using Evision, we can easily build reports covering everything from standard management accounts and detailed CVR reports through to sales pipeline reports using real-time data."

Seán O'Reilly

Chief Financial Officer,
McKeon Group

"We moved from wet signature approvals and payment delays to one centralised system. Evision has helped us keep a very tight rein on margins at all times."

Clare Gerlach

Finance Director,
RJ Power

FAQs

How does a construction finance system work alongside core financial accounting?

It extends your existing accounting software with the commercial controls needed to manage projects profitably. While Sage, Xero or Microsoft Dynamics 365 Business Central handle core financials, Evision and Construct connect financial performance directly to contracts, budgets, applications, retentions, procurement and cost management, so contractors get a clearer view of project performance and stay ahead of risk.

Can it support main contractors using Sage, or needing a full ERP?

Main contractors, specialist subcontractors, M&E contractors, housebuilders and residential developers, civil engineering contractors and businesses from sole trader upwards. Construct covers contractors up to around £40m turnover, integrated with Sage and Xero. Evision is built for contractors and housebuilders with £25m+ turnover. Evision Housebuilding covers the full development lifecycle. ServiceStream handles maintenance and field service.