Planyard offers one place for all project financials management, keeping everything standardised and in sync, with a real-time view of project costs.
Estonia-based Planyard is targeting contractors with a cloud-based budget management tool for contractors. Traditionally, this was a field largely managed by locally-held Excel spreadsheets. And where companies manage multiple parallel projects, there was a risk that project managers might work in different ways in multiple spreadsheets, making it difficult to ensure a consistent commercial approach.
Planyard offers one place for all project financials management, connecting processes, keeping everything standardised and in sync, and reducing calculation errors. Users can track in real time what has been estimated, what has been ordered, and what has been invoiced. Subcontractors involved in bids and progress management can enter their own data. Managers can assess which projects were profitable and which were not, keeping on top of profitability forecasts. Project costs are visualised when they happen – not a month later.
The application is priced competitively, with small renovation projects hosted on the platform for just €20 per project per month (unlimited users, unlimited documents and storage). For medium-sized residential building, infrastructure and engineering projects where more functionality might be needed (tracking subcontracts, change orders and purchase orders, for example), it is €50/project/month. For larger projects, additional functionality is included for €200/project/month. And – as with most vendors – customers can also negotiate to use an enterprise or portfolio offering.
Founded in Estonia, Planyard has attracted customers (see case studies) in countries including Belgium and the UK. Bristol-based Higgihaus Developments has valued Planyard’s integration with the cloud-based Xero accounting software platform. (Other integrations include with Intuit Quickbooks, and with AEC platforms Plangrid and Procore, and there are Apple iOS and Android mobile applications too.)