Two niche accounting software makers have teamed up to develop a new software suite for the project-by-project accounting requirements of the construction industry.
Solomon Software, which makes a Windows-based accounting software package aimed at midsized companies, and Smith, Dennis & Gaylord (SDG), which has 20 years experience in developing project accounting software for a variety of vertical niches including construction, are now shipping Solomon IV for Construction.
The software is built atop Solomon IV for Windows, Solomon's family of Internet-enabled core accounting modules. It adds some of the project accounting features of SDG's software. The family of modules is designed to let builders use their PCs to manage various aspects of construction projects, such as tracking budget and labor outlays, and keeping tabs on work done by subcontractors. The software also uses email to alert mangers when they are running over budget, tasks are undone or other problems arise that can cut into profit margins, the company said.
Solomon IV for Construction is now shipping; pricing starts at $20,000. An additional contract management module will follow the suite to market this summer, the company said.