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Real-time access

to financial and project data

RedTeam Flex and Acumatica: construction financial management integration

Streamline contracting and disbursement authorization workflows and reduce duplicate work with the financial management integration of RedTeam Flex and Acumatica’s Cloud ERP Construction Edition

RedTeam Flex connects with Acumatica’s Cloud ERP Construction Edition to provide your construction teams with the latest financial information for project management. The “event-driven” accounting integration requires no manual interventions to link data entities and transactions, removing workflow latency and enabling real-time access to financial and project information.

RedTeam Flex is compatible with Acumatica’s Cloud CRE versions for 2022 R2 as well as 2023 R1 and R2

Reduce risk, control cost and increase predictability on every construction project with RedTeam Flex

RedTeam Flex is a highly customizable construction management solution trusted by many construction professionals. Designed to help mid- to enterprise-level general contractors manage their construction projects from start to finish:

Construction financial management with RedTeam Flex

Workflow management

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Collaborative submittal process

Request submittals; create and send submittal packages for review; manage revisions and notify vendors of review status. The history of each step is saved.

Easily manage and track change orders

Access key change logs with one click. Manage vendor quotes, create a cost estimate and issue or negotiate a change proposal in minutes. Change orders can be quickly created, sent and authorized. All change history is stored.

Gantt scheduling tool

You can import and export files with Microsoft Project as well as create a Gantt schedule manually in RedTeam Flex. As you update your Gantt schedule, the information is instantly available on your mobile devices and in the Planroom.

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Financial management

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Employee time recording

You can produce detailed AIA-style billing as progress billing or cost-plus billing. Send documents to clients for approval and track payments received.

AIA-Style progress and cost-plus billing

You can produce detailed AIA-style billing as progress billing or cost-plus billing. Invite clients to collaborate on preparing these documents and keep an accurate record of all communication during the construction process.

Paperless invoice validation and approvals

Go 100% paperless and validate vendor invoices against the commitment schedule of values and credentials like Certificates of Insurance as part of your internal invoice approval process digitally in RedTeam Flex.

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Bid management

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Request your bids

Solicit quotes from your vendor database and set qualifications based on insurance requirements, locations and levels of experience, using RedTeam Flex’s Estimating module. Use bid-leveling to compare vendor quotes side-by-side to easily select the best bid.

Build your estimates

Select cost codes and assemblies to build out your own cost estimating template. Add supplemental markups for pass-through costs such as insurance or bond premiums and pricing markups for overhead and fees.

Interactions for business development

Within RedTeam Flex, you can track your interactions for potential upcoming projects. Once you’re ready, convert them to prepare a bid. Record all related events and access your team’s experience with the account to build a stronger customer relationship over time.

Manage unlimited opportunities

Compare your competitive score with peer contractors. Use the opportunity management reporting tool in RedTeam Flex to be more aggressive with any upcoming opportunities.

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Reporting

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“Live” WIP reports

All financial information from your projects is readily available to you and your team in real time. Each project has its own detailed budget, controls and reporting. RedTeam Flex generates a live work-in-progress (WIP) report giving you complete visibility into your organization’s financial health.

Construction reporting

Detailed reporting and filtering options give RedTeam Flex users extensive data at their fingertips—from pulling financial reports to accessing RFI logs and owner reports with one click.

Progress reporting

RedTeam Flex helps you connect Gantt milestones and progress reporting updates to determine percentage complete for each schedule of values, allowing you to determine billing percentages.

Tracking of all metadata

RedTeam Flex tracks when a report is sent, opened, clicked, printed or responded to. Collaborators have visibility into document history via the collaborative console and your internal team has access to the metadata log for added transparency.

Analytics

Whether you track the number of vendors bidding on your project or determine where submittals are in the process, RedTeam Flex’s analytics will keep you updated in real time. See milestones, change orders, RFIs and more on your dashboard for the full scope of your projects and detailed analytics.

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How the financial management integration for RedTeam Flex and Acumatica's Cloud ERP Construction Edition works

With the integration for RedTeam Flex and Acumatica, commercial general contractors can track their construction project financial information in real time. 

Linked at the project level, you can selectively control which projects in RedTeam Flex are connected to Acumatica.
Push and pull data directly ‌between both solutions including:

Configuration and Maintenance Transactions

Acumatica and RedTeam Flex integration configuration transactions

Working Transactions

Acumatica and RedTeam Flex integration working transactions

See RedTeam Flex in action