Company Details
The AI Software Report Awards
Profile
Key Products
FOUNDATION®: is construction accounting software that enables contractors to manage job costing, payroll processing, invoicing, vendor payments, and financial reporting in a single system. FOUNDATION is designed to streamline construction operations and improve profitability.
Payroll4Construction: is one of the few construction payroll providers that offers industry-tailored benefits and comprehensive payroll processing services, like certified payroll reporting, union reporting and tracking, automated prevailing wage rates and fringe deductions, and more.
The WorkMax: contractor workforce management platform collects information straight from the field to easily manage and monitor crews, insights, and team productivity. WorkMax’s centerpiece time tracking software automatically records field labor hours with GPS and facial recognition—eliminating paper timesheets and missed hours.
Customer Insights
Key Executives
- Mike Ode, Chief Executive Officer
- Mike Rich, Chief Financial Officer
- Linh Le, Chief Technology Officer
- Steve Antill, Chief Revenue Officer
Investors
Starting in 2020, Foundation Software was acquired by Thoma Bravo. Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $45 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives, and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business.
Competitors
Top competitors in the construction accounting space include Sage, Acumatica, ComputerEase, and Viewpoint.
Corporate Responsibility
For decades, Foundation Software has been committed to providing construction companies with the tools they need to operate efficiently and profitably. The company’s devotion to being a partner in their client’s success motivates them to develop new products, enhance current software, and build interconnecting integrations. Foundation Software is constantly investing in their software and their people to ensure they never lose pace with technology or standards.