Trimble rolls out contractor finance software

Trimble has launched a new financial management system aimed at small construction contractors, a move that is relevant to Jefferson County because many local businesses work in construction, specialty trades and project-based services tied to the region’s ongoing development. The product is being introduced in the United States by Westminster-based Trimble and is designed to help smaller contractors better track job costs, billing and profitability without needing a large in-house accounting team.

Why this is relevant to businesses in Jefferson County:

  • Jefferson County has a strong base of contractors and subcontractors in construction, mechanical, electrical, plumbing and civil work that could benefit from simpler financial tools.
  • The announcement comes from Westminster, a city that partly serves the Jefferson County business community and is part of the broader local economy along the U.S. 36 corridor.
  • Better cost tracking and billing tools can matter to small local firms facing tight margins, labor costs and complex project management needs.

Definitions:

  • Job costing

    A way for a business to track the money spent and earned on each individual project so it can see which jobs are profitable.

  • MEP

    Short for mechanical, electrical and plumbing trades in the construction industry.

Source: Press Release

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