Profitability and reporting
Knowify’s advanced reporting tools give you insights into all areas of your business’ performance, and will reveal aspects of your operations that you may not have known previously. For example, Knowify’s project reports helped one large contractor discover that one of their crews was about 20% less efficient than the others. That’s a significant drag on profitability! When coupled with your experience, Knowify’s reports will lead to better decisions made faster.
Unlock operational insights in your business data
Spot problems impacting profitability
Make better, faster decisions
Way beyond accounting
Your accounting software may provide basic financial reports, which are useful and important for some things. But your accounting reports probably aren’t going to do a great job of helping you determine whether you’re ahead or behind on your jobs, because they’re just not designed for that. Because Knowify captures details accounting software doesn’t – things like expected total man-hours to complete a line item of work and production progress -, your Knowify reports are going to be much better positioned to give you real-time, actionable insights into your job performance.
Improving your profitability over time
Knowify also provides reports across your jobs, meaning that you’ll be able to run reports that will tell you what sorts of jobs make you the most money, which line items of work you consistently underbid, and more. These sorts of reports give your estimators and project managers important, real-world feedback that they can use to improve, and can help you (as the business owner) make strategic decisions on where to focus your marketing efforts, where to bid more aggressively, and more.
What Knowify users are saying
“Our ability to track job profitability, manage employee’s time, and provide easy reporting for the bosses has been fantastic.”
Engineer, Carpentry Plus
“Knowify excels in connecting the user with the client in terms of financials. Contracts are made easily and change order management is a breeze”
Owner, Castle Electric
In development (coming soon!)
Coming in early 2021, Knowify state-of-the-art custom reporting tool, which will allow you to compile reports not offered anywhere else. You’ll be able to ask questions that would have seemed almost impossible until recently, things like ‘what are my man-hour production rates by crew?’ or ‘what is my average job margin by zip code’? We’re sure that you’ve always had hunches about certain areas of your business, things that if you could only understand them a little better could yield breakthroughs; that’s what this tool is for. Stay tuned!
Would you like to see it in action?
Sign up to test-drive Knowify for 14 days. Once the trial expires, you will have the power to decide what plan fits your business requirements better. No card required.