Industry Solutions
TERP Accounting for Construction
Improve controls, approvals, and reporting so construction teams can close faster.
Key metrics
Overview
What TERP Accounting helps you achieve
Improve reconciliations, approvals, and financial reporting so construction teams can move faster with better controls.
Project and cost center reporting.
Improves financial controls with approval routing, reconciliations, and drill-down reporting.
Budgets and approvals for spend governance.
Improves financial controls with approval routing, reconciliations, and drill-down reporting.
AP/AR ageing with outstanding visibility.
Improves financial controls with approval routing, reconciliations, and drill-down reporting.
Bank reconciliation and exports.
Improves financial controls with approval routing, reconciliations, and drill-down reporting.
Integrations
Challenges
Common pain points we solve
Most construction teams struggle with visibility, controls, and reporting. Tessera brings those workflows together.
Project budget overruns are identified too late without real-time cost visibility.
TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.
Subcontractor billing and variation management is slow and approval-heavy.
TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.
Cashflow on long projects is unclear without structured drawdown visibility.
TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.
Multiple cost centers per project make financial reporting complex.
TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.
Compliance documentation for audits and clients requires manual compilation.
TERP Accounting tackles this with approval routing, reconciliation workflows, and cashflow visibility.
Workflows
Key workflows for Construction
These are the most common workflows construction organizations implement first for fast ROI.
Project and site P&L
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Subcontractor billing
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Budget and variation controls
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Cashflow reporting
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Compliance and audit exports
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Multi-site dashboards
Designed for faster close with approval routing, drill-down visibility, and exportable outputs.
Common use cases
Capabilities
What you get with TERP Accounting
A practical feature set designed for construction teams, with controls and reporting built in.
Multi-company + multi-currency
Handle multiple entities, currencies, and reporting structures with clear controls.
Chart of accounts + cost centers
User-defined COA with cost/profit centers for departmental accountability.
AP/AR + ageing controls
Supplier/customer management, ageing, credit limits, and outstanding visibility.
Budgets + approvals
Spending controls with approval routing to reduce leakage and improve governance.
Bank reconciliation + exports
Reconcile faster and export/import transactions for integrations where needed.
VAT/statutory reporting
Generate VAT/statutory outputs and audit-ready reports with drill-down clarity.
Report builder
Design reports with filters, pivots, and role-based visibility for secure sharing.
Operational integrations
Connect inventory, purchasing, and POS so finance stays aligned with operations.
Reporting
Dashboards and insights
Get visibility that helps teams act faster: drill-down reporting, analysis views, and exportable outputs.
Common dashboards & reports
Built for teams
Secure reporting and controlled exports
Share the right view with the right people using role-based access. Export and schedule reports for finance, operations, and leadership.
Modules
Recommended Tessera modules
Start with accounting and approvals, then connect operations and sales workflows for better visibility.
TERP Accounting
Financial reporting, approvals, reconciliations, and cashflow visibility.
Learn moreAccounting & Finance
Reporting, controls, and financial visibility across teams.
Learn moreHR & Payroll
People operations, payroll workflows, and compliance support.
Learn morePoint Of Sale
Sales, stock updates, and branch performance visibility.
Learn moreStories
What success looks like
Outcomes construction teams expect after implementing TERP Accounting workflows, approvals, and reporting.
Month-end close in days, not weeks
Standard reconciliation workflows and AP approvals reduced manual effort and made the close process predictable every month.
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Cashflow visibility that changes decisions
Leadership sees AR aging, outstanding balances, and cashflow in real time — not at the end of the month when it is too late.
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Audit-ready without the scramble
Approval logs, transaction history, and structured exports mean the finance team is always ready — no last-minute compilation.
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Questions we hear from Construction teams
If you want, we can walk through your exact workflows in a short demo.
Yes. Project-level cost centers and variance reporting give real-time visibility.
Structured AP workflows with variation tracking and approval routing reduce delays.
Yes. Cashflow dashboards and outstanding tracking support project financial planning.
Get started
Get a construction demo
We will map your workflows, recommend a rollout plan, and show the dashboards your team will use day-to-day.
In the demo
- Reconciliation workflows and AP/AR controls
- Budget approvals and financial dashboards
- Implementation timeline + support plan
- Module recommendations for your team
Industry page: /industries/construction-accounting