Manage your development and accounting in one system.
Credence brings your budgets, contracts, A/P, and draw requests into the same system as your accounting records.
Get rid of reconciliation headaches from a patchwork of spreadsheets and generic ERP tools. You manage your project, Credence handles the books.
Built for commercial developers and development teams who work with institutional investors and need sophistication without the noise.
Property management activity and accounting records update each other as the project moves. Credence keeps commitments, draws, invoices, and variances tied to one project view.
The problem
QuickBooks and manual spreadsheets lack detail, while existing solutions add complexity without value.
Many developers run their project accounting on Excel and QuickBooks, and it mostly works. However, assembling draw packets is manual, tracking change orders means another spreadsheet, and getting a clean budget-to-actual view takes an hour of reconciliation that shouldn't exist.
Leveling up to a more sophisticated software platform sounds great, but the added complexity and cost of existing solutions are not worth the effort.
Draw schedules rebuilt by hand every cycle
Change orders tracked outside the budget
Budget vs. actual buried in month-end work
Invoices live in an isolated system
The solution
One system for your accounting, budgets, contracts, invoices, and draws.
Instead of reconciling QuickBooks to spreadsheets for every draw, Credence puts the project budget at the center and runs contracts, change orders, invoices, and approvals against that same structure. Committed costs and variances stay tied to budget lines as work happens, so you get institutional-grade visibility without the generic ERP footprint that often costs more than it saves.
Payables match to contracts before they hit the ledger, and draw packages assemble from the data you already approved rather than from a last-minute collating exercise. It is the sophistication developers need for institutional reporting, without the noise.
Automated draw schedules
Change orders feed the budget
Real-time budget vs. actual visibility
Integrated invoicing and approvals
Results
What changes when the system is built for developers.
Retire the network of spreadsheets when your budget is fed directly by your contracts and invoices.
See variance where it starts: at the budget line, with committed and paid figures that stay current.
Ship investor-ready draw packages faster without hunting down files from five folders.
Get alerted before small issues become overruns, including draw deadlines, anomalies, and vendors that need attention.
Built for what comes next
From acquisition pipeline through construction, and beyond.
Most development tools create a handoff problem. When a project transitions from construction to operations, cost history lives in one system and the operating accounting starts somewhere else. Teams spend weeks migrating records and rebuilding reports from scratch.
Because Credence covers the full lifecycle - from development through property accounting and investor reporting - your project data carries forward when you stabilize. Cost history, contract records, and entity structure are already in the system ready to be used in your operating accounting. No migration, no reconciliation, no starting over.
See this solution on your projects.
We walk through your project structure, budget format, and lender reporting requirements, then show you exactly how Credence handles them.
Book a demo