Top 5 Cash Flow Forecasting Tools for Construction Companies
Cash flow forecasting is especially challenging in construction. Customer payments may be tied to project milestones, retainage can delay collections, and payroll, subcontractors, materials, and equipment may need to be paid well before project revenue is received.
For construction companies managing several active projects, bank accounts, divisions, or legal entities, understanding the company's total cash position is only part of the picture. Finance teams also need to know where cash is being generated, where it is being consumed, and which upcoming obligations could create liquidity gaps.
Cash flow forecasting software helps bring this information together so finance teams can monitor current liquidity, forecast upcoming inflows and outflows, compare forecasts against actual results, and prepare for changing project conditions.
How We Compared Construction Cash Flow Forecasting Tools
Each platform below is reviewed using the same five criteria to make it easier to compare their capabilities and determine which type of construction finance team each platform is designed to support.
Capabilities
Visibility
Planning
Connectivity
Construction
Top 5 Cash Flow Forecasting Tools for Construction Companies
| Tool | Primary Focus | Project & Entity Visibility | Scenario Planning | Connectivity | Best Fit |
|---|---|---|---|---|---|
| 1. Pegasus Insights | Cash flow forecasting and treasury management | Project, entity, bank account, and consolidated liquidity views | Yes | Banking, ERP, accounting systems, and APIs | Construction finance teams focused on cash visibility and liquidity forecasting |
| 2. Agicap | Cash flow and treasury management | Company, group, division, entity, and project visibility | Yes | Banking, ERP, accounting, and business systems | Mid-market companies with broader treasury requirements |
| 3. Procore | Construction project and financial management | Project and portfolio financial visibility | Forecast adjustments and future-period planning | ERP and construction technology ecosystem | Contractors already managing projects and financials in Procore |
| 4. InEight | Construction project controls | Detailed project and portfolio visibility | Forecasting and what-if analysis | Financial, scheduling, ERP, and project systems | Large and complex capital projects |
| 5. Sage Intacct Construction | Construction accounting and financial management | Project, job, and multi-entity financial visibility | Available through financial planning capabilities | Accounting, construction, and third-party applications | Contractors looking for forecasting within a broader accounting platform |
Pegasus Insights
Pegasus Insights is a cash flow and treasury management platform designed to help finance teams understand current liquidity and forecast where cash is headed. For construction companies, the platform is built around financial challenges such as milestone-based billing, delayed collections, retainage, change orders, and the timing gap between project expenses and customer payments.
Rather than only showing a company-wide balance, Pegasus can help finance teams understand how individual projects and entities are contributing to or consuming cash and then consolidate that information into an organization-wide liquidity view.
Comparison Snapshot
| Forecasting Capabilities | Forecast expected cash inflows and outflows by week, month, or quarter. Teams can also compare forecasted activity with actual results to identify variances and improve assumptions over time. |
|---|---|
| Project & Entity Visibility | Create individual forecasts for projects, divisions, operating companies, or legal entities, then consolidate results into a centralized liquidity view. |
| Scenario Planning | Model the potential cash impact of delayed customer payments, new projects, changing material costs, debt obligations, project scheduling changes, and other construction-specific scenarios. |
| Integrations & Connectivity | Connects banking and ERP data directly to the forecasting environment. Pegasus supports 17,000+ financial institutions through Plaid and integrations with systems including NetSuite, Sage Intacct, Microsoft Dynamics 365, QuickBooks, and IFS, with additional connectivity available through APIs. |
| Best Fit for Construction | General contractors, roofing companies, construction management firms, real estate developers, and multi-entity construction organizations that need deeper visibility into cash across projects, accounts, and entities. |
Why Pegasus Ranks #1
Pegasus combines dedicated cash flow forecasting with project-level forecasting, multi-entity liquidity visibility, scenario planning, forecast-to-actual analysis, and direct financial-data connectivity. Its focus on liquidity makes it particularly relevant for construction finance teams that want deeper cash forecasting capabilities without replacing their existing accounting or ERP system.
Agicap
Agicap is a cash management and forecasting platform that also offers a construction-focused solution. The platform combines bank, accounting, financial, and forecast information to give finance teams a centralized view of cash and working capital.
Comparison Snapshot
| Forecasting Capabilities | Supports short-term and long-term cash planning, including daily, 13-week, quarterly, and annual forecasting. Forecasts can incorporate banking information, accounts payable, accounts receivable, budgets, and other cash flow drivers. |
|---|---|
| Project & Entity Visibility | Provides group, division, subsidiary, and entity-level cash visibility, with the ability to drill into project details when analyzing forecast differences. |
| Scenario Planning | Allows finance teams to build multiple scenarios and assess how different assumptions or business decisions could affect future liquidity. |
| Integrations & Connectivity | Connects with banks, accounting software, ERPs, and other business applications to centralize cash information and reduce manual data collection. |
| Best Fit for Construction | Construction businesses that want cash forecasting as part of a broader treasury management environment, particularly organizations managing multiple banks or entities. |
What to Consider
Agicap covers a broad range of treasury and cash-management functions. Construction companies primarily focused on detailed project-level cash forecasting should evaluate how their project structures and project-specific assumptions will be represented within the platform.
Procore
Procore approaches forecasting from the construction project management side. Its financial management capabilities connect budgets, commitments, project costs, change orders, contracts, and other construction financial information so teams can keep forecasts aligned with current project activity.
Comparison Snapshot
| Forecasting Capabilities | Advanced Forecasting allows financial values and project costs to be spread across future periods to support monthly cash flow forecasting and forward-looking project financial planning. |
|---|---|
| Project & Entity Visibility | Strong project-level financial visibility, with construction budgets, commitments, costs, change orders, and forecast information connected within the broader Procore environment. |
| Scenario Planning | Teams can adjust future financial assumptions and forecasting views to evaluate expected project cost and cash requirements as project conditions change. |
| Integrations & Connectivity | Procore connects construction project data with ERP and accounting systems through its integration ecosystem, helping keep project and back-office financial information synchronized. |
| Best Fit for Construction | General contractors, specialty contractors, and other construction organizations already using Procore and looking to extend forecasting within their existing project financial workflow. |
What to Consider
Procore is fundamentally a construction management platform rather than a dedicated treasury platform. Companies primarily focused on bank-level liquidity, consolidated multi-entity cash, or treasury forecasting may require additional financial tools.
InEight
InEight is a construction project controls platform designed for organizations managing complex construction and capital projects. Its forecasting capabilities connect project costs, schedules, budgets, progress, and financial information to support more detailed project-level planning.
Comparison Snapshot
| Forecasting Capabilities | Supports time-phased forecasting that spreads expected project costs across future periods. Teams can generate cash flow curves, review forecasted spending by month, and compare forecast activity with actual project results. |
|---|---|
| Project & Entity Visibility | Provides detailed project controls and financial visibility across cost structures, schedules, budgets, and forecast information, with reporting that can support broader portfolio oversight. |
| Scenario Planning | Forecasting tools can be used to evaluate changing project assumptions, schedules, remaining costs, and other factors that may affect future project financial performance. |
| Integrations & Connectivity | Designed to connect financial, scheduling, project control, and construction information. Cash flow forecasting can incorporate schedule information and project cost data from connected systems. |
| Best Fit for Construction | Large construction firms, owners, infrastructure organizations, engineering companies, and project teams that need detailed project controls alongside cost and cash forecasting. |
What to Consider
InEight extends far beyond cash flow forecasting into project controls, estimating, scheduling, cost management, and other areas. That broader scope may be appropriate for complex capital projects but can exceed the requirements of finance teams simply looking for better company-wide liquidity forecasting.
Sage Intacct Construction
Sage Intacct Construction combines cloud financial management with construction-specific accounting capabilities. Its broader environment includes job costing, billing, financial reporting, multi-entity accounting, and project financial visibility.
Comparison Snapshot
| Forecasting Capabilities | Financial reporting and planning capabilities support budgeting, forecasting, cash management, and forward-looking financial analysis within the broader Sage environment. |
|---|---|
| Project & Entity Visibility | Provides project and job-level financial information alongside multi-entity accounting and consolidation for construction businesses operating across multiple companies or locations. |
| Scenario Planning | Planning functionality can be used for forecasting and what-if analysis as finance teams evaluate different financial assumptions and future conditions. |
| Integrations & Connectivity | Sage Intacct Construction is designed to connect accounting with construction and operational applications, including integrations with platforms such as Procore. |
| Best Fit for Construction | Contractors that want job costing, accounting, billing, multi-entity management, financial reporting, and forecasting capabilities within a broader financial management platform. |
What to Consider
Cash forecasting is part of a much broader accounting and financial management environment. Construction companies that already have an ERP and primarily want a specialized cash forecasting layer may prefer a dedicated forecasting platform.
How to Choose Cash Flow Forecasting Software for Construction
The right platform depends on what your finance team is trying to solve. Some construction companies need a dedicated view of liquidity across projects and entities, while others need forecasting as part of a larger construction management, project controls, or accounting platform.
Cash Flow & Liquidity
If the main priority is understanding current cash, forecasting future liquidity, and comparing cash requirements across projects or entities, focus on dedicated cash forecasting and treasury platforms.
Project Financial Management
If forecasting needs to remain closely connected to project budgets, commitments, contracts, change orders, and field activity, a construction management platform may be the better fit.
Project Controls
Organizations managing large capital projects may need forecasting combined with scheduling, cost controls, earned value, and detailed project performance information.
Accounting & ERP
Companies replacing or modernizing their accounting environment may prefer cash forecasting within a larger financial management platform rather than adding a standalone solution.
Regardless of the platform, construction companies should consider whether the software can account for delayed collections, retainage, changing project costs, multiple active projects, entity-level cash requirements, and expenses that may need to be paid before project revenue arrives.
See Where Your Construction Cash Flow Is Headed
Pegasus Insights gives construction finance teams greater visibility into cash across projects, entities, and bank accounts so they can identify upcoming liquidity needs and plan with greater confidence.
Explore Construction Cash Flow Forecasting