Trimble has rolled out Trimble Financials, a new simplified accounting and job-costing software designed specifically for small contractors with annual revenues around $10 million or less.
The financial tool provides real-time visibility into project and overall company performance, Trimble says, enabling contractors to monitor profitability and make more informed operational decisions.
“Contractors running small businesses don’t want to — and shouldn’t have to — become accounting pros,” said Jon Fingland, vice president at Trimble. “Trimble Financials is ideal for growing beyond financial management and analysis limitations of paper or spreadsheets and for businesses that may not need all of the features of more advanced, enterprise financial management platforms. The construction-specific capabilities of Trimble Financials also provide usability and job-costing advantages over generic, off-the-shelf accounting options.”
The software helps contractors manage projects and financials from proposal through reporting and closeout, allowing users to create project cost proposals, track expenses by job, phase and cost type, and streamline billing with customizable schedules and customer invoicing.
Powered byEasy-to-understand dashboards provide a clear view of estimated versus actual costs and the overall status of business profitability. The data also flow automatically into financial statements formatted to meet accounting requirements.
Built-in AI capabilities allow contractors to access support for Trimble Financials through real-language prompts.
Trimble Financials also integrates with other Trimble solutions for estimating, performance tracking and employee timekeeping, connecting the office field and financial operations and reducing manual processes to improve real-time data sharing and visibility.
Trimble Financials is now available in the United States as a standalone software subscription. Companies can also purchase the tool as part of new Trimble software packs tailored for small mechanical, electrical and plumbing, civil or general contractors. Each pack includes Trimble Financials, the Trimble ProjectSight project management solution, the Trimble Connect common data environment and vertical-specific Trimble solutions for estimating and performance tracking.
Trimble also provides Trimble Vista and Spectrum systems designed for the financial management and enterprise resource planning (ERP) requirements of larger construction businesses.
