Construction cloud ERP to manage job costs, claims and project margin in one system
You can’t protect margin you can’t see. See how award-winning AI cloud ERP for construction gives you real-time visibility of every job and the control to act on it.
- See forecast cost to complete on every project in real time
- Know what a variation does to margin the day it’s approved
- Produce progress claims from live project data
- Track retentions, guarantees and subcontractor compliance in one place
- Give every supervisor and project manager access, with no per-user fees
4.4/ 5
4.4/ 5
Trusted by Australian builders and contractors
MYOB Acumatica Construction has given us more fluidity to move into new areas.
Karina AdamsBusiness Operations Manager, CSF Industries
We’ve got visibility which means we can identify if something’s gone pear-shaped way quicker than before.
Sean AdamsManaging Director, CSF Industries
It’s all information that we couldn’t see before without exporting and manipulating data.
Kate WestService Delivery Manager, FarmMark / Santrev
There’s no longer a delay between the goods coming into the warehouse and the AP bill processing.
Malorie RalphAccountant / Contracts Administrator, FarmMark
One source of truth. Control across every project.
When job costing, procurement, claims, compliance and finance run from one unified system, a project’s true position stops being a monthly reconstruction.
Know what a job will cost while you can still change it
Original budget, revised budget, actuals, commitments and forecast cost to complete sit against the work breakdown structure you estimated to. An approved purchase order moves the forecast the day it’s raised, not the month it’s invoiced, so committed cost is visible before it becomes spend. Movement analysis shows what changed between revisions and who changed it. When project margin moves, you drill from the project position straight to the transaction that moved it.
Claim on the basis the contract specifies, on time, every month
Progress claims are produced from the live project position using the method the contract calls for: milestone, percentage complete, fixed price, bill of quantities, or time and materials. Pro forma invoicing lets a claim be agreed before it becomes a tax invoice. Revenue recognition follows construction accounting standards, and project work in progress is calculated from live cost and revenue positions rather than assembled by hand.
Variations reach the numbers the day they’re approved
Change requests and change orders carry their cost, revenue and schedule impact through one workflow, so an approved variation updates the revised budget, the forecast and the claim position at the same moment. Delegation of authority is configured to your own approval matrix and applied to quotes, requisitions, purchase orders, subcontracts and claims. Approvals can be actioned from a phone, which matters because variations are usually late to the ledger for exactly one reason.
Retentions, guarantees and compliance sit with the money
Retentions are held and released against head contracts and subcontracts with release dates visible in the system rather than a separate register. Bank guarantees are tracked against the project and the expiry that matters. Certificates of currency are held against the subcontractor with status visible before a payment run, so an expired insurance certificate is caught at approval rather than at audit. TPAR reporting comes from the payments already recorded.
Queensland trust obligations handled inside the platform
Where most construction management software leaves trust accounting to a separate process, Queensland builders can manage project and retention trust ledgers inside the platform. Deposits and withdrawals are automated across separate ledgers, multiple ledgers are maintained across multiple accounts and projects, and reporting runs from the same records as the rest of your project accounting. No parallel spreadsheet, and no reconciliation between the trust position and the job.
Site and office working from the same numbers
Timesheets, site diaries and photo logs are captured on a mobile app and costed to the project and cost code the crew actually worked on, so labour lands on the job rather than in overhead. Multi-entity and intercompany workflows handle builders running several trading entities or a separate plant company, with consolidated reporting across all of them. Month end closes on live positions rather than reconciliations.
What changes when systems connect
Results reported by construction businesses using Acumatica Construction Edition, the platform MYOB localises for Australia as MYOB Acumatica Construction.
Sources: Hartzell Construction reported improving total gross margins by at least 15 percent and reducing the time its finance team spent assisting project managers by 20 percent, as reported by Acumatica on acumatica.com. IOC Construction consolidated four entities onto a single platform, as reported by Acumatica on acumatica.com. CSF Industries migrated 40 years of data during its MYOB Acumatica Construction implementation, delivered by Momentum, as reported by MYOB on myob.com.
The signs growth has outrun your systems
Cost to complete lives in a spreadsheet one person maintains, and it’s a fortnight behind the site.
Variations are approved on site and reach accounts weeks later, if at all.
Progress claims are rebuilt by hand each month from three different sources.
Retentions and bank guarantees sit in a separate register, and releases get missed.
Subcontractor insurances and certificates of currency are chased by email before every payment run.
You’re running accounting software plus a project tool plus a takeoff tool, and none of them agree.
You find out a job lost money after it finished, not while you could still do something about it.
If this sounds familiar, it’s time to talk.
Purpose-built for construction. Localised for Australia.
We implement and support the leading AI-enabled cloud ERP systems in Australia. The right ERP can drive business growth for years to come, but it must align to how your projects are structured, contracted and claimed, and to the compliance obligations you carry. Momentum has the expertise to ensure you make the right choice.
MYOB Acumatica Construction
MYOB Acumatica Construction connects job costing, procurement, project management, claims, payroll and finance in one platform, with AI built in to automate routine tasks and surface insights. It’s a leading cloud ERP for growing builders and contractors that have outgrown accounting software and a patchwork of project tools. It also handles project and retention trust ledgers in line with the QBCC Trust Account Framework, for Queensland builders carrying those obligations. MYOB’s No. 1 ERP in Australia and New Zealand. Localised for Australia by MYOB.
Why construction businesses choose Momentum
Construction is one of our core specialisations. We’ve worked with Australian businesses for over 18 years, helping them move from spreadsheet-managed job costing to projects they can actually see and control.
There was a lot to do, and Momentum Software Solutions was able to sort through and clean everything up during the implementation.
Karina AdamsBusiness Operations Manager · CSF Industries
We understand the stages a construction business moves through as it grows, and what each stage costs if the systems don’t keep up. More concurrent projects, more subcontract exposure, more variations, more entities, more people working from different versions of the same cost report. We bring practical experience of how builders run to every decision we make together. Because no two builders contract, claim or cost the same way.
A local team that understands construction, not just the platform it runs on. Whether it’s cost to complete, progress claiming, retention release or trust account reporting, you’ll work with people who know how your business operates and what the pressure points look like when a claim run is due.
Many of our clients have worked with us for more than a decade. We solve what’s in front of you now and build a roadmap that supports where you’re heading, so the system you put in today doesn’t become the constraint you’re working around in three years.
We guarantee the implementation of your new system.
After helping more than 400 Australian businesses change their systems, we know what it takes to set you up for success. So why not work with the only MYOB Acumatica Diamond Partner that guarantees the success of your system implementation. Let our software and industry expertise be your peace of mind.
