Premier Construction Software review

Premier is a cloud construction ERP aimed at general contractors, home builders and land developers, and its accounting module handles the billing methods those firms juggle: progress billing on AIA forms, cost-plus, lender draws and time and materials. Subcontractor payments run through electronic workflows with retainage tracking, and lien waivers can be automated alongside monthly draws. A WIP automation feature uses percentage of completion to match revenue with progress, and reports cover budget vs. actual, change orders, AP and AR aging and retainage detail. Multi-entity, multi-currency and inter-company transactions make it a fit for builders with several companies. Premier says it uses flat-rate pricing with a 30-day money-back guarantee and in-house implementation by construction CPAs, with go-live in as few as 60 days, but no prices are shown until you complete its quote form.

Who it is for

General contractors and developers running several entities that want accounting and project management in one cloud system.

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Progress billing (AIA), cost-plus, lender draws and T&M billing
• Subcontractor payment workflows with retainage tracking
• WIP automation using percentage of completion
• Multi-entity, multi-currency and inter-company transactions
• Lien waiver automation and AI invoice automation

Strengths and weaknesses

• Strength: Covers draws and cost-plus as well as AIA billing
• Strength: Multi-entity consolidation for developers and builders
• Strength: Vendor advertises flat-rate pricing and a 30-day money-back guarantee
• Weakness: Prices only after a two-step quote form
• Weakness: More system than a small trade contractor needs
• Weakness: Go-live quoted at as few as 60 days, so expect an implementation project

Key facts

• Billing methods: Progress billing (AIA), cost-plus, lender draws, time and materials
• Implementation: Vendor cites go-live in as few as 60 days
• Guarantee: 30-day money-back guarantee

Where it ranks

Premier Construction Software is No. 6 in our Best Accounting Software for Construction verdict.