How ClickHome is helping builders beat the margin squeeze
Builders across Australia are facing increasing margin pressures.
Fixed price contracts, set material and labour rates, and long lead times between pricing and build all contribute to slimmer and slimmer margins. Margin analysis is now more important than it ever was in order to stay profitable.
A key challenge is that costs continue to rise between the time you provide a fixed bid to a customer and when you actually have to order the materials and labour. Timber, bricks, appliances - construction material costs keep going up, if you underestimate those future costs in your original offer, your margins take a massive hit.
On top of estimating future costs, there are often errors in original pricing and unexpected changes that happen during construction. For homebuilders dependent on narrow margins, even relatively small cost overruns can quickly eliminate profits. Identifying those issues quickly is imperative to stay financially viable.
This is where ClickHome software can help immensely. "With ClickHome tenders, you not only generate quotes and contracts effortlessly, you also gain real-time insight into all your projects with automated margin tracking and analysis" says Aaron Savory, Director of ClickHome.
ClickHome also enables detailed tracking and reporting of changes and errors. Aaron Savory explains "This level of visibility is invaluable for residential builders working on fixed price contracts."
In today's environment of ever-increasing costs and slim margins, the deep insights and margin management capabilities of ClickHome are essential to stay competitive.
For more information visit: https://www.clickhome.com.au/