New finance settings: VAT toggle and employer cost markup
Two new finance settings in Contractors.es: a global VAT toggle and a default employer cost markup with per-employee overrides.
2 min read
News
Finance
Releases, features, advice, and case studies in Finance.
Precise split of estimator shares across offers and projects
Divide the value of an offer or contract between estimators by percentage or amount. Contractors.es applies the saved shares in performance reports.
2 min read
An estimate in 30 seconds: import from Norma PRO and Edge Estimating straight into Contractors.es
Import estimates from Norma PRO and Edge Estimating into Contractors.es in one click. Create inventory requests directly from the estimate.
2 min read
Three new reports in Contractors.es - decisions you can make in 5 minutes
Discover three new reports in Contractors.es: sales by representatives and estimators, employee activity, and conversion rate by referrer source.
2 min read
When Do You Know a Project’s Financial Result? This Question Could Determine Your Company’s Profitability.
In many construction companies, a project’s financial performance is analyzed only after the investment has been completed. In practice, this means that it is often too late to take corrective action. Once project costs exceed the planned budget, reducing expenses or recovering lost profit margins becomes nearly impossible. A modern construction management software solution should [...]
2 min read
Why well-managed construction sites earn more? The secret of daily reports
Why does one construction company delivering similar projects achieve better profitability than another? In many cases, the difference is not due to lower material costs or a larger workforce, but rather better work organization and faster access to information. Well-managed construction projects earn more because problems are identified earlier – before they start generating real [...]
2 min read
Why does a lack of control over additional costs reduce profit in a construction company?
In construction company management, a phenomenon is increasingly visible that is not always immediately reflected in financial reports. A project at the estimating stage may look correct, and yet the final financial result is lower than expected. The reason? Additional costs that arise during project execution-and are very often not consistently recorded in one place. [...]
2 min read
How to control costs in a construction company and avoid losses?
In construction, costs rarely “explode” overnight. Most of the time, everything happens gradually – a bit more material, an extra day of work, rework, delays, small “quick” decisions. At first, it doesn’t look like a problem. The problem starts when someone sits down to review the project and realizes the budget has already been exceeded. [...]
2 min read
Cashflow is here – Contractors.es
In construction companies, financial problems rarely stem from a lack of projects. Much more often, they are caused by a lack of control over when money actually comes in and when it needs to be spent. Costs arise immediately – materials, wages, subcontractors. Revenues, on the other hand, are often deferred. With several projects running [...]
2 min read