Worktools 101

Worktools 101

Worktools 101 is a user-friendly project management app designed for estimating and job costing in the construction industry.

Location: Canada
Software Type: Web App

Need help?

We can help you find specialists for Worktools 101. Let us connect you with the right experts to assist you.

*User registration required

Are you an expert in Worktools 101?

Description

Worktools 101 is a comprehensive project management application tailored for contractors, builders, and renovators, specifically focusing on the processes of estimating and job costing. The app operates through a streamlined three-state workflow that includes the Estimate State, Work in Progress State, and Completed State.

In the Estimate State, users can generate detailed estimates by defining Work Areas (components of a project) and assigning Work Items (which include labor, materials, and costs). Each work item is customizable with attributes like quantity, cost, and markup, ultimately calculating the total job cost effectively.

Transitioning to the Work in Progress State, the application allows users to log labor hours and expenses against specific work areas. This functionality supports contractors in comparing real-time costs to initial estimates, facilitating informed decision-making regarding budget management and resource allocation.

Upon reaching the Completed State, all costs and billings are automatically transferred to a Profit Loss statement. This ensures accurate accounting practices by matching revenues and expenses within the same reporting period.

The app is designed to save users time by reducing the need for extensive administrative tasks, thanks to its built-in accounting features, customizable item catalogs, standard and percentage-of-completion invoicing, project templates, and detailed reporting capabilities.

Worktools 101 is available through a subscription model, offering a free trial alongside affordable monthly and yearly pricing options, making it accessible for businesses of various sizes.

Features

Three-State Workflow

Seamlessly transition through the Estimate, Work in Progress, and Completed states for efficient project management.

Customizable Item Catalogs

Easily manage and customize work items with a detailed item catalog for accurate estimates.

Budget Tracking

Monitor expenses and compare them with initial estimates to manage budgets effectively.

Profit Loss Statements

Automatically generate Profit Loss statements to provide clear visibility into project financials.

Flexible Pricing Plans

Choose between a free plan or affordable monthly/yearly subscriptions tailored to your needs.

Tags

constructionestimatingjob costingproject managementcontractors

Documentation & Support

  • Documentation
  • Online Support
  • Updates