Industry-leading construction
financial management
RedTeam Flex and QuickBooks Online: cloud-based construction financial management
Connect project and financial data seamlessly from start to finish
The RedTeam Flex and QuickBooks Online integration provides general contractors with a robust construction management solution. Customers can leverage the combination of the industry-leading QuickBooks Online accounting system with the construction industry’s most comprehensive project management software and cost control product.
Reduce risk, control cost and increase predictability on every project
RedTeam Flex is a highly customizable construction management solution trusted by many construction professionals. Designed to help mid- to enterprise-level contractors, RedTeam Flex helps you manage your construction projects from start to finish:
Why RedTeam Flex?
- Share the project's financial status with clients in an easy, understandable format
- Improve your overall administration, estimating, and bid solicitation
- Maximize communication, performance and productivity in the field
- Annotate, publish and share drawing files on web or mobile
Construction financial management with RedTeam Flex
Workflow management
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.
Financial management
Employee time recording
The RedTeam Flex mobile application offers each employee the ability to capture their time as overhead or for a specific project, scope, labor authorization and labor category.
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.
Bid management
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.
Reporting
“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
The mobile application allows users to add jobsite photos, observations and vendor tracking. It also includes real-time weather reporting (based on GPS location) and comprehensive jobsite management.
Tracking of all metadata
RedTeam Flex tracks when a report is sent, opened, clicked, printed or responded to. Each person who receives a document is provided the path to backtrack for accurate tracking.
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. View critical commitments, change orders, RFIs and more on your dashboard for key project analytics in one location.
How RedTeam Flex and QuickBooks Online work together
RedTeam Flex connects to QuickBooks Online to provide a complete construction accounting platform for commercial construction contractors.
The integration between RedTeam Flex and QuickBooks Online enables the efficient transfer of financial construction project data for the Plus and Advanced plans in QuickBooks Online.
Use the integration to trigger updates for:
- Contracts
- Subcontracts
- Change orders (G701)
- Schedules of value
- Time and materials (T&M) billing
- Employee time and expenses
- Job cost
- Estimated cost at completion
- Subcontract change orders
- Purchase orders
- Revenue recognition
- Work in progress (WIP) schedules
- AIA-style progress billing (G702/703)
- Project budgets (including real-time data pulled from QuickBooks Online regarding vendor payments made and customer payments received)
Configuration and Maintenance Transactions
Working Transactions
