Product updates: construction budget view, management tools & more

Planyard contractor software helps ambitious teams smash their financial targets and accelerate their growth.

Planyard construction budget view improvements

Planyard budget management tool helps you control project costs in spreadsheets and duplicate data entry free. You can track your project costs and forecasts in real-time. Please take a look here at how it works.

1. Now there is an option to add a comment when revising the budget. So in the future, you’ll be able to quickly go and check the reason behind revising the budget.

Subcontractor and Vendor bidding tool updates

Planyard subcontractor bidding helps you centralize and automate the bidding process. All the bids are automatically ready for comparison. Please take a look here at how it works.

1. The bid submission date reminder email has the subject prefix “Reminder.” Previously, some bidders needed clarification on why they received the same bid request again.
2. There’s an option to select “Compare bids against client contract values.” This gives you more analytical tools to evaluate the bids and understand how the market prices impact your project profitability. Open the bid comparison view and click “Configure view.

Planyard Estimating tool updates (Beta version):

Planyard construction cost estimating functionality has the flexibility of a spreadsheet but eliminates the risk of calculation errors and provides a real-time overview of your sales pipeline. The estimating tool is currently in beta version. It’s available for all users and has already been used by the first users. To learn about the cost estimating tool, please email us at info [at] planyard.com

1. The planyard product management team works on estimating and material database management.
2. There is an option to export the cost-estimating spreadsheet. Click “Download as” on the top right corner of the estimating tab and select if you want to choose a pdf- or xlsx report.
3. When registering a new prospect job, there’s an option to enter an “estimation deadline.” You’ll be notified when the deadline approaches, so you can be sure to submit the bid on time.
4. One click converts the winning bid to a winning project, so you no longer have to import it via a spreadsheet.
5. You can optionally add the project potential dates to the project which you estimate. Then it’ll be easier to review your future portfolio and see if enough new projects are starting in the upcoming months.

Project Cash-flow forecasting

Planyard cash-flow forecasting tool helps you forecast project costs and income in an interlinked system. The management has a real-time dashboard to track portfolio cash-flow forecasts. To learn about the cash-flow forecasting tool, please email us at info [at] planyard.com

1. Optionally delete a cash-flow forecast draft.
2. To make forecasting easier and enter the remaining costs for the corresponding month, click “Copy remaining budget.” After hovering over the remaining column items, you’ll see the copy icon.

Subcontractors and vendors management tool

The subcontractors’ and vendors’ management tool provides a central hub for all your stakeholders to access the subcontractors’ and vendors’ categories, contact details, performance, etc.

1.  To bulk archive the subcontractors and vendors, open the contacts list view and tick the box before each contact you want to archive.

Management tools

1. Using multiple Planyard accounts, you can have the accounts interlinked and navigate between accounts with one click. To set up the interlinked accounts, contact info [a] planyard.com
2. Add settings for which notification emails should be sent to the accounting email. When you have set up the integration with your accounting system, you go and select which notifications the accountant will receive via email. Go to company => Integrations => Accountant’s email => Select the preferred notifications.
3. Ublock your users who have entered the password incorrectly more than three times. Go to Company => User management => Unblock.

Reports

1. Option to add a year-to-date button to the date range picker of the reports
2. Export project cost lines and actual costs during a specified period. Go to Budget => Export => Cost-lines XLSX => Select the preferred date lines => Download report.
3. Download the company-wide subcontract order booked retainage reports. Go to Company => Contract retainage export.

• Download the company-wide subcontract order booked retainage reports. Go to Company => Contract retainage export