Acumatica and Procore are two of the most popular construction software solutions available today. Both provide a robust set of features that can help any company manage its business, but how do they compare?
In this article, we’ll take a look at some key differences between Acumatica and Procore and see which platform is better suited for your needs.
What is Acumatica Software and How does it work?
Acumatica is a cloud-based business management software that helps small to medium-sized companies track and manage their finances, projects and inventory.
The platform is designed to be easy to use and intuitive, so you can get up and running quickly. Plus, it has the following features:
Payroll: You can integrate your payroll with Acumatica by using third-party software or by connecting directly to ADP or Paychex. This means you don’t have to worry about manually calculating payroll taxes or creating new checks for each employee; everything will be done automatically by the platform.
Project management: The Acumatica Software suite lets you track time spent on specific tasks so you can accurately bill clients for work performed on their behalf. It also includes tools for managing budgets and work orders that help keep projects on track throughout their life cycles.
Inventory management: The inventory management module lets users track the availability of products in stock so they know when to reorder more supplies before they run out. This functionality makes it easier for companies to avoid running out of items they need during busy periods such as holidays or special events like trade shows where they need extra manpower on hand in order to meet customer demand.
Why Choose Acumatica?
Here are some of the reasons why you should choose Acumatica:
It offers full accounting support including accounts payable, accounts receivable and general ledger functions. This will help you manage your finances more effectively by providing you with real-time information about your business expenses
It integrates with third-party applications such as QuickBooks Online or Sage 50 (formerly Sage One). This will allow you to export data from these applications into Acumatica so that you can manage all aspects of your business in one place.
The software allows users to access reports related to their project’s performance such as cost variance analysis or material usage tracking.
It offers an easy-to-use interface that allows users to navigate around the application easily without having to spend hours reading manuals or tutorials first.
What is Procore and How Does It Work?
Procore is a cloud-based construction software that helps manage the entire life cycle of the project from design to completion.
The system offers a single platform for all contractors, subcontractors, suppliers, and stakeholders in order to streamline communication between them.
Procore is a construction management software with a cloud-based SaaS solution that allows you to manage your project workflow. The software includes features like:
Project Management – A project management suite that helps you manage all aspects of your company’s projects from the very beginning to completion.
Time Tracking – Easy time tracking tools help users manage their time and keep projects on schedule.
Document Management – Store all important documents on Procore, including blueprints and permits.
Invoicing – A variety of invoice templates are available for easy invoicing for any business needs.
Payroll – An integrated payroll system that connects with QuickBooks, Xero and more.
Why Choose Procore?
Procore Software has been around since 2000 and is used by over 1 million users in more than 150 countries. It’s a financial management tool that features an integrated accounting module with financial reporting capabilities, which makes it very suitable for tracking costs incurred during projects.
The software also helps you track time and materials used on each activity while providing detailed reports that show how much money you spent on each aspect of your business. Another important feature is the ability to manage multiple projects at once, making it easy for contractors with multiple projects to coordinate their workflows without having to enter data redundantly or manually update information across different applications.
Procore vs Acumatica: Cost
Cost is one of the most important factors when considering a new ERP system. It’s no different with Acumatica vs Procore. While both offer free trials, there are some important differences in pricing after those trials end:
Acumatica offers three tiers of pricing based on usage: $25/user/month for 5 users, $75/user/month for 15 users, and $175/user/month for 25 users. A single license costs $2,500/month with unlimited user licenses included in the price. There is also an annual subscription option available for each tier which reduces monthly fees by 20%.
Procore offers four tiers of pricing based on usage: $14/user/month for 5.
Key Differences
Both Acumatica and Procore are cloud-based software platforms. They are specifically tailored to the construction industry. Both offer financial modules, project management, etc., and both are used by small companies, large firms, and even government agencies.
The main difference between these two platforms is that Acumatica has been around for almost 20 years, whereas Procore was launched in 2013. This means that Acumatica has more experience working with construction businesses and has more integrations (e.g., with QuickBooks).
Conclusion
All things considered, Acumatica and Procore are two of the leading construction software products on the market today, but Acumatica is our front runner for a variety of reasons. It has a more powerful reporting suite, with an intuitive and engaging interface to boot. It’s also less expensive than its counterpart, making it appealing from a cost perspective as well. All in all, it seems clear that Acumatica has a lot to offer over Procore when it comes to construction management software.
If you’re looking for robust software that can handle just about any aspect of a construction project, Acumatica is the solution to consider. Although it may not be exactly what it needs, Procore definitely offers powerful tools that should serve even the most demanding users.
