Material Price Variance Formula vs Quantity Variance
The material price variance formula splits a blown material budget into two problems: what you paid per unit, and how much you used. Here is how to run both.
By Emily10 min read
The invoice desk, page 6
Purchase Order Tolerance Thresholds: Chase It or Not
What purchase order tolerance threshold should you set? Published practice runs a few percent or a dollar cutoff. How to pick yours and what to always chase.
By Reena10 min read
Core Charges and Environmental Fees on Your Invoice
A core charge is refundable, an environmental fee is not. How to read the core charge and environmental fee lines on a contractor invoice and claim deposits.
By Reena10 min read
Supplier Fuel Surcharges: What to Audit and Negotiate
Freight, delivery and supplier fuel surcharge lines move with diesel and nobody audits them. How the charge gets set, and what a contractor can negotiate.
By Reena11 min read
Supplier Credit Never Issued? How to Get It Posted
A supplier credit never issued to a contractor is invisible money. Track every promised credit from return to posted memo with a simple open-credit list.
By Reena10 min read
Invoice Quantity Does Not Match Delivery: The Fix
When the invoice quantity does not match delivery, the packing slip is your proof. The ten-minute weekly count that catches short shipments before you pay.
By Reena10 min read
The Contractor Invoice Control Process: Four Documents
A contractor invoice control process built on four documents: quote, PO, packing slip, invoice. Where each handoff leaks money, and how to close the gaps.
By Reena11 min read
Switching Supply Houses: The Real Cost for Contractors
Switching supply houses is not free. Here is the real cost to a contractor: credit reset, lost counter familiarity, stranded returns, and price file rework.
By Alex12 min read
How to Get Quotes From Multiple Supply Houses
A working process to get quotes from multiple supply houses on the same materials list, compare them honestly, and keep your incumbent rep at the table.
By Alex10 min read
2/10 Net 30 Discount Calculation: Check Your Supply House
The 2/10 net 30 supplier discount calculation runs on the pre-tax subtotal, not the invoice total. Here is the math, and how to check what you really got.
By Alex9 min read
Second-Source Supplier Pricing: When Splitting Spend Wins
A second source supplier can sharpen contractor pricing or quietly wreck it. Here is when splitting spend across two supply houses earns a better price.
By Alex11 min read
How to Get Better Pricing From Your Supply House
How to get better pricing from a supply house without threatening to leave: what a multiplier really is, the evidence to bring, and the exact words to use.
By Alex11 min read