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5 Construction Estimating Software That Will Lessen Your Work Time

March 8, 2022 Business

Business owners associated with the construction industry struggle to get the new projects. This could be possible due to a lack of professionalism at the time of estimating. Small or mid-sized service providers fail numerous times to lure potential clients and for that, they would blame poorly written estimates.

Some of them would say that fulfilling multiple clients’ requirements are the reason why they make estimates in haste. Not exactly because it’s when they make estimates manually, they might end up losing their prospects.

Imagine contractors taking out time for project analysis, collecting the materials, and then falling prey to poorly-made estimates. If this happens for real, there might be some loopholes in their business procedures that should be fixed at the earliest. 

To help the contractors make estimates in a professional way, we are here with 5 construction estimating software. Let us talk about each estimation software one by one.

Table of content

  • About Construction Estimating Software
  • 5 Most Popular Construction Estimating Software
    • InvoiceOwl
    • Sage Estimating
    • SimPRO
    • Stack
    • Contractor Foreman
  • Takeaways

About Construction Estimating Software

Construction estimating software is a valuable tool for small business owners in the construction industry to help them create accurate and professional-looking estimates for potential projects. By using advanced algorithms and templates provided by the software, small business owners can save time and reduce the risk of errors in the bidding process.

In addition to being a time-saver, construction estimating software can also help small business owners to stand out from their competitors. By using advanced technology to create estimates, small business owners can demonstrate their professionalism and attention to detail to potential clients.

Another benefit of construction estimating software for small business owners is the ability to track and manage their bids in one central location. This can help small business owners to stay organized and ensure that they are meeting deadlines and staying on top of their workload.

Overall, construction estimating software is an essential tool for small business owners in the construction industry looking to streamline their estimating and bidding process and increase their chances of winning new projects.

5 Most Popular Construction Estimating Software

In this section, we will discuss five estimating software that has become top-pick for professional contractors. So let’s quickly have a look at their features.

InvoiceOwl

InvoiceOwl is one of the most popular construction estimating software that has impressed contractors with its offerings. Integrated with experts’ ideas, InvoiceOwl helps small and large business owners to customize as many as estimates real fast. 

Core Features of InvoiceOwl

  • Quick estimate generator: Using an advanced algorithm, it creates online estimates giving a professional touch.
  • Easy-to-use invoice generator: Following the work completion, it also allows contractors to send invoices as well. The automated process lets the contractor collect the payment easily by offering online modes.
  • Real tracker: It sends real-time notifications about the estimate like whether the client has gone through it or not.
  • Reports: This estimation software keeps the data of past estimates and invoices, which can be reviewed for generating reports.

Moreover, contractors who are willing to experience the use of the online estimate maker can try the free trial at InvoiceOwl.

Sage Estimating

Sage is another online tool for creating error-free estimates. This accounting software has in-built order generation and cost tracking features to enhance business performance. Also, contractors have an option to combine items from various projects.

Core Features of Sage Estimating

  • Accurate Estimate: Sage provides a contractor with a ready-made estimate template where they only have the necessary details to fill.
  • Track expense: It automatically marks the entry for paid orders, whereas those who have unpaid invoices get reminders.
  • Invoicing: The accounting software can reduce the workload for contractors as it comes with an online invoice maker.
  • Multi-currency: To ensure contractors receive payment on time, it lets the buyer pay using preferred currency. 

Designed for small contractors, Sage displays a tutorial video to understand how the software works, especially for first-time users.

SimPRO

It is the advanced accounting software for contractors to get rid of daily estimating hassles. SimPRO is capable of making cost estimates and delivering them in seconds to the clients. Hence, one can refrain from adopting a manual process and have estimates ready just in a few clicks.

Core Features of SimPRO

  • Estimating and quoting: This estimate generator software lets them create professional estimates, which could bring instant approval. 
  • Inventory management: SimPRO is a great online tool that assists contractors to manage items in their warehouse. 
  • Job scheduling: Apart from estimating, it can also assign the task to the available employees.
  • Data automation: It helps contractors to streamline the data entry process so that they don’t miss any major details to fetch. 

This estimation software is not only suitable for construction businesses but also for those who are into delivery services. 

Stack

Stack offers an online estimate maker for general contractors to make bids for their potential clients. It smartly analyzes the material cost required to perform the job. Also, it has cloud-based storage so that contractors can save unlimited estimates.

Core Features of Stack

  • Detailed estimating: Stack looks after the bidding process to help contractors make bid-winning proposals. 
  • Cloud-based database: The estimating system enables the user to keep unlimited estimates in its database.
  • Reports: The accounting software saves every generated estimate in the vault to prepare the weekly or monthly reports.

Stack is a user-friendly estimation software that has so many features for different industries. But, its major drawback is it could be expensive for small contractors.

Contractor Foreman

From small to large, Contractor Foreman creates estimates for all types of construction projects. It is one of the top five bidding software that takes care of estimating process. By using Contractor Foreman, service providers can have a cost estimate in a few minutes.

Core features of Contractor Foreman

  • Estimating & Invoicing: The online estimating process using contractor foreman software cuts off time and aid contractors to get approval quickly.
  • Client portal: It allows the project manager to share whatever details they want to. Here, clients can accept the estimates and it will be notified to contractors. 
  • Cost item database: It comes with the database, which harbors equipment items, material costs, and a pricing list related to the service.

Furthermore, it has an overall 30 features that would be enough to convert the bids into jobs. And therefore, it is the best estimation software used by many contractors. 

Takeaways

We understood how these accounting software can turn the tables for those who are used to the manual methods. Especially, contractors who are new to the industry can lure new clients by adopting the online estimate generator. 

Referring to these top five software, it is safe to say that all are on the same page. So, contractors can choose any one of these tools depending upon their needs.

We recommend contractors to try the demo version on each software to clear their doubts and explore the main features. This would help them get perfect accounting software and ultimately, there would be no overdose of work.