Job management lets you allocate all associated revenue and costs to a specific job or project. You can add in labor, transport, and consumables in addition to your equipment costs to get a complete picture of all the costs associated with a project. This can be used to accurately calculate profitability by project, which will help you manage your projects better and lead to better cost estimates going forward.
Complex calculations made simple
With Job Management, rental companies are able to:
Sharpen job bid accuracy
Understanding and tracking your true costs of projects will improve your bidding success going forward. It will help insure you are not losing bids because you overpriced the project, or winning bids you are going to lose money on.
Improve profit and loss
Costs can be rolled up at any time to show you how you are performing to your budgeted estimates. You can view multiple projects and see how you are performing versus your estimate. This gives you time to make adjustments in real time that can impact your overall profitability.
Keep costs under control
We can provide project and job costing within the rental and ancillary processes allowing you to attribute revenues and costs to your jobs. Whether those costs come from the bulk item itself or from the cost transport or additional services for delivery or pickup, you can capture project information on work orders, purchase orders, re-rents, and at every stage of the equipment fulfillment and mobilization process. This allow you to get a complete picture of your equipment margins for each project.