You can collect purchase ledger invoices into a single system and automate the process. All of this is in an easy-to-use construction purchase ledger software.
You don’t need multiple systems anymore to get the whole picture. Planyard automatically syncs the invoices with your accounting software.
A simple process for handling purchase ledger invoices helps improve the company’s liquidity and allows the subcontractors and vendors to be paid on time. There are many ways to forward your purchase ledger documents to Planyard.
One way is to use your personal purchase ledger email address to upload the files into Planyard. There are two types of unique addresses available: one for the company and one for each project.
Once the subcontractor order is registered, Planyard updates the committed costs column in the budget, highlighting if the item’s cited costs exceed the budget. This allows us to visualise the risks of item over-expenditure before the invoices arrive and allows accurate forecasting.
If the construction phase structures your budget, you’d see if a phase is profitable as you raise the orders, not once the invoices arrive, when it’s too late to take action.
So, at the first project cost control meeting, you can track the performance of the first job phases as the orders are placed.
No credit card required. No sales or IT support needed.
You can split an invoice between multiple projects using consolidated invoices.
You can collect consolidated invoices when and where you receive them. If necessary, you can send them to your team members for extra approval.
You can finally pay your vendors on time. In addition to that, you can be sure that no purchase ledger invoice gets lost.
See how Planyard helps businesses like yours succeed - read their stories in our blog.
"Planyard's integration with Xero has streamlined our project financials, providing clear insights and saving us valuable time. It's easy to use and keeps all commitments organized for seamless financial tracking."
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"Planyard is basically a live CVR and saves time by making Excel unnecessary. Once a project’s set up, I can rely on Planyard to stay organized without spreadsheets."
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"Planyard is exactly what I’m after as a business owner: a good-value system that keeps everything in one place, saves me money and makes sure I’m not losing any money on projects. As a businessman, that’s a no-brainer."
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"I’m confident that we can manage multiple projects effectively. We’re currently running three fairly large ones, and the system makes it very clear and easy to manage all of them at once."
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"I chose Planyard because it stood out as the most straightforward and intuitive option on the market. I really wanted a tool that would simplify our existing processes and make everything more efficient, rather than switching to a system that was far too complicated for us to use on a daily basis."
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"Planyard has completely replaced my CVR process. Cost Value Reconciliation is essentially about tracking your budget against your actual spend to see exactly what remains, and that functionality is the absolute essence of the central core of Planyard."
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"For me Planyard is essentially the go to software for SMBs. There are other software packages out there that are a large investment upfront with a significant monthly cost. These are all potential solutions once you get to a very large business but they are not a solution for SMBs."
"Timewise, on a single project, I'd probably save 6 to 8 hours—essentially a full day every month. When it comes to processing monthly payments, it saves me a solid day, perhaps even a day and a half, just in sorting through the invoices. Saving a day and a half of my time means the system pays for itself time and time again."
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No credit card required. No sales or IT support needed.
