Built on the platforms you trust
Microsoft | Sage | Xero
Construction accounting software for one clear view
Construction accounting software for contractors. Job costing, applications, retentions, subcontractor costs and CIS in one connected view alongside Sage, Xero or Microsoft Dynamics 365 Business Central. Finance and commercial teams see where every job stands.
The platform 3000+ construction businesses rely on
The problem today
Are we making money on this job?
It should be a simple question. Here is why it is hard to answer before the ledger and the contract budgets are connected.
The ledger is there, but it does not show the whole project
Finance can see invoices, payments and nominal codes, but not always the live commercial position of a contract. Applications, retentions, subcontractor liabilities, variations and committed costs are often tracked elsewhere, which is what makes the simple questions hard to answer.
Every month-end becomes a reconciliation exercise
Instead of analysing performance, finance and commercial teams spend the time matching spreadsheets, checking applications, reconciling subcontractor costs, chasing retentions and rebuilding reports. By the time the numbers are ready, the chance to correct a problem may already have passed.
Cash flow risks show up too late
Delayed applications, ageing retentions, unapproved variations, late costs and subcontractor commitments all affect cash and margin. That makes forecasting difficult and creates blind spots around working capital.
The solution for construction
Three steps from activity to a control
Not a software implementation flow. One connected flow of business data, from what the business is doing to what leadership does about it.
01
Capture
Construction-specific financial activity is captured as it happens. Purchase orders, invoices, committed costs, subcontractor applications, CIS, retentions, valuations, timesheets, variations and project costs.
02
See
The ledger, job costing and the commercial position stop being split across disconnected spreadsheets and manual processes. Finance, commercial and project teams work from the same version of the numbers.
03
control
Track cost against budget, understand cash exposure, manage applications and retentions, report on job performance and identify risk early enough to act on it.
Finance teams who got the time back
"I’d say that Invoice Recognition has probably produced around an 80% improvement in efficiency since we started using it. We can now hit our monthly deadline targets regardless of how busy we are, or the number of invoices we receive."
Tracey Salisbury
Accounts Manager, Northavon Group
"It gives us a central place for purchase ordering and makes business information available to all, without the more confidential areas like bank balances and payroll being accessible."
Joe Abernethy
Financial Controller, Genesis Homes
See how Eque2 works for YOUR BUSINESS.
Book a 30-minute 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.
What makes those three steps real
Eque2 is not simply reporting on accounting data. It adds the construction finance layer contractors need to manage the contract, not just the ledger.
01 LIVE JOB COSTING AND CONTRACT VISIBILITY
Contract performance as the project progresses
Purchasing, procurement and billing sit in one connected system, giving visibility across budgeted and actual cost. You see contract performance as projects progress and recognise revenue sooner, rather than consolidating costs out of spreadsheets into the accounts to work out where you stand.
02 SUBCONTRACTOR AND CLIENT BILLING
What is owed, certified, due and outstanding
Client applications for payment, valuations and subcontractor certificates are managed in one place, which cuts administration and takes the chasing out of getting paid on time. Retentions calculate automatically as part of the workflow, so finance sees what is owed, what is certified, what is due for payment and what is still outstanding without a spreadsheet. That means tighter control over cash flow, faster payment cycles and fewer disputes.
03 Reporting
From retrospective reporting to real-time dashboards
Power BI dashboard reporting gives proactive insight from project level through to company level. Real-time reports for WIP, CVR, outstanding retentions, aged debt and company performance let finance and commercial teams identify risk and act on it to protect profit margins.
Labour and payroll integration
Mobile timesheet apps let operatives and supervisors record hours directly from site, so cost is allocated accurately to projects and cost centres from day one. Approved labour records transfer to payroll, which gives a clearer view of project performance and keeps people paid correctly and on time.
AI invoice processing
AI reads purchase invoices line by line, matches every item to the right purchase order and posts it straight into your accounts.
Budget limits and approval chains
Budget limits are set at project and user level, so spend gets flagged before it goes over rather than after. Multi-stage approvals route transactions automatically to the right decision-makers, with a complete audit trail of approvals and amendments behind every commitment.
Governance and compliance
CIS, RCT and reverse charge VAT are handled in one system as a continuous flow, rather than in a process running alongside the accounts.
Financial records, protected
Finance and accounting handle some of the most sensitive information in the business. Construct integrates customer, supplier and nominal code data from Sage or Xero, so teams are not duplicating or re-entering the same information across disconnected systems. Evision gives a centralised platform for commercial, finance and operations with role-specific access, so people reach the data their role needs.
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Which product
Two routes to the same outcome
Which product is best suited to you is based on the accounting platform you run today and your future plans.
We will help to guide you in the right direction.
Construct
Typically £500k to £25m turnover
Job costing, commitments, applications and commercial reporting alongside your existing accounting, with approval limits that hold before spend affects the contract.
Integrates with Sage 50, Sage 200, Sage Intacct, Sage Payroll, Xero and Xero Payroll.
Evision
Typically from £25m turnover up to £2bn
The same cost model across multiple companies and locations, with CVR version control and consolidated commercial reporting for the group.
Built within Microsoft Dynamics 365 Business Central.
FAQs
What is construction accounting software?
Construction accounting software extends traditional accounting systems with construction-specific capabilities such as job costing, CIS management, applications for payment, retentions and subcontractor management. It helps contractors hold greater control over project finances, cash flow and profitability.
Does construction accounting software work with Sage or Xero?
Yes. Many construction businesses use software that works alongside Sage or Xero, so they keep the accounting platform they already trust and add construction-specific capability around it. Construct integrates with Sage 50, Sage 200, Sage Intacct and Xero, adding job costing, CIS management, subcontractor control, applications for payment and retention tracking in a connected workflow.
What is the difference between Sage and construction accounting software?
Sage provides the core accounting and ledger functionality. Construction accounting software adds industry-specific processes such as contract costing, CIS, subcontractor management, applications for payment and retention tracking, so contractors manage projects and finances together rather than separately.
Can construction accounting software work with Microsoft Dynamics 365 Business Central?
Yes. For businesses that need a broader ERP route, Evision is built on Microsoft Dynamics 365 Business Central and adds construction-specific commercial, financial, procurement, subcontractor and reporting capability. It suits organisations that need more than accounting, including multi-entity control and deeper operational visibility.
How do contractors manage CIS more efficiently?
Construction accounting software automates much of the CIS administration, including verification, deductions and reporting. That cuts manual work and improves accuracy compared with managing CIS through disconnected processes.
What is the difference between construction accounting software and ERP?
Construction accounting software focuses on finance-led construction processes such as job costing, CIS, applications, retentions and subcontractor costs. Construction ERP goes further, connecting finance with commercial management, procurement, operations, reporting and wider business workflows. Eque2 supports both routes depending on business complexity.
When margins are tight, visibility and control aren’t optional.
See it against your own accounts system
Book a demo with a construction software specialist and see how construction accounting software works alongside Sage, Xero or Business Central, on the kind of contracts you run. If you would rather narrow it down first, find the right route for your business.
