Take on more projects while growing net profit margin.
You heard you "need a system" to grow your business but you're still up late invoicing customers and paying subs. Subcontractors are texting you invoices but you don't have the cash. Clients want to know their cost to complete, but you barely even remember what the full scope of work is.
- Stop "preparing" invoices, your invoice is ready to bill now.
- Never guess, your cost to complete is up to date in real time
- Forget check issues, pay instantly and track status online
- Don't come up short, always know cash available for each project
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See how Buildplus supports growing businesses.
Before Buildplus I would have to send my subcontractors multiple payments spread out over a couple of days to avoid hitting electronic transfer limits.
Now I can send one payment and be done. That convenience combined with the fact that payments are automatically tracked back to the right subcontract makes Buildplus a very elegant solution.
Cliff Kahan
Property Projects LLCWithout Buildplus
Project money and profit mix in one bank balance, so you can't tell
- What's available on each project
- Which job an expense belongs to
- If you can pay subs before the client pays
Or whether each job made money
The same transactions are separated into dedicated project wallets giving you:
- A cash balance per project
- Confidence to send payments
- The true cost of the job in real time
You always know your profit
Lumber and materials -$2,450.00
Power tools -$1,875.50
Paint and supplies -$980.00
Electrical supplies -$3,200.00
Client payment +$15,000.00Account
…8475
Balance$26,473.32
$31,500.459 Divney Ln
$22,430.6722 Meadowbrook Rd
$97,230.4544 Main St
What you get without Buildplus
Project money and profit mix in one bank balance, so you can't tell
- What's available on each project
- Which job an expense belongs to
- If you can pay subs before the client pays
Or whether each job made money
$2,450.00$1,875.50$980.00$3,200.00$15,000.00Account
…8475
Balance$26,473.32
What you get with Buildplus
The same transactions are separated into dedicated project wallets giving you:
- A cash balance per project
- Confidence to send payments
- The true cost of the job in real time
You always know your profit
$2,450.00$1,875.50$980.00$3,200.00$15,000.009 Divney Ln$31,500.45
22 Meadowbrook Rd$22,430.67
44 Main St$97,230.45
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Buildplus is a financial technology company and is not a bank.Banking services are provided by Core Bank, Member FDIC. Buildplus is not a FDIC insured institution and the FDIC’s deposit insurance coverage only protects against the failure of an FDIC insured depository institution. Payment features are subject to account verification and applicable account limits.