PENTA Construction Accounting Software Review

Product Snapshot

Product Pricing

Contact vendor directly for pricing information.

Technology

Product is a SaaS solution and requires no additional hardware for installation.

Customer Focus

Vendor works with businesses of all sizes in the various sectors of the construction industry including concrete, mechanical/HVAC, industrial, oil and gas, and fire protection.

Select Customers

Heico Construction Group, K2 Industrial Services, Ajax Building Corporation, Miles-McLellan Construction, The Waldinger Corporation

About PENTA Construction Accounting Software

PENTA Construction Accounting Software is designed with a focus on the right combination of accounting functionality, enterprise-class utilities and robust technology to meet financial management challenges. The application has unlimited levels of business units within the corporate hierarchy as well as the ability to roll up financial results using the parent/child hierarchy. The software has a chart of accounts set up once instead of one for every company and business unit as well as the security tied to the hierarchy.

The program has automated earned revenue and Work In Process (WIP) calculations. The application uses actual job costs and forecast cost at completion or estimated cost for a percentage of completion earned revenue calculation. The platform also uses On Time and Materials (T&M) or cost plus contracts, it accrues unbilled revenue using a job’s markup percentages.

About the Company

PENTA is headquartered in Brookfield, Wisconsin.

PENTA Construction Accounting Software Key Features

Unlimited levels of business units within the corporate hierarchy
Ability to roll up financial results using the parent/child hierarchy
Chart of accounts set up once instead of one for every company and business unit
Users security tied to the hierarchy
Automated earned revenue and Work In Process (WIP) calculations
Uses actual job costs and forecast cost at completion or estimated cost for a percentage of completion earned revenue calculation
On Time and Materials (T&M) or cost plus contracts, it accrues unbilled revenue using a job’s markup percentages