Control Material Costs: A 30-Day Plan for Contractors
A dated 30-day plan to control material costs: pull your price history, set PO and matching rules, and walk into the supplier conversation with receipts.
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29 articles tagged invoice audit from the CheckMySupply invoice audit desk.
A dated 30-day plan to control material costs: pull your price history, set PO and matching rules, and walk into the supplier conversation with receipts.
Who manages material costs in a contractor business, how to split buying, matching and price history across a 20-person shop, and when to hire for it.
How to export purchase history from a supplier portal as a contractor, which fields you actually need, and what to do when the portal only hands you PDFs.
ServiceTitan and every field service app freezes material cost the day you build the book. How pricebook material cost drift quietly eats your job margin.
Most shops book material as one lump sum, which erases unit price history at the source. A QuickBooks contractor material items setup that keeps every price.
A contractor material cost software stack runs five layers, counter ticket to general ledger. Here is what owns each one, and the middle layer nobody buys.
Material shrinkage in construction is usually a job coding problem, not theft. Here is the four-test sequence that tells a contractor which one they have.
How to build a material price index from invoices you already have: pick the basket, set a base month, weight it by real spend, and read what it tells you.
Am I being treated badly on price? How to benchmark material costs as a contractor with your own invoice history, free BLS index data, and a second quote.
A PVC pipe price increase hits contractors every quarter and the reason given is always resin. Here is what you can actually verify, and what you cannot.
A contractor manufacturer rebate program pays for work you already did. Here is why claims lapse, which rebates were never yours, and what to keep on file.
Material escalation change order documentation, line by line: the notice, the index proof, the quote trail and the invoices that get an owner to sign it.
Company margin looks fine while two jobs bleed out. Here is why gross margin by job in construction exposes material leakage that trade-level averages hide.
Truck stock wrecks job costing for contractors because unallocated material lands on whichever job was open. Here is how to find it and how to fix it.
Code material invoices to job cost codes without slowing the field down: capture the job at the counter. Here is the workflow that survives a busy week.
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.
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.
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.
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.
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.
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.
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.
An electrical supply house price increase rarely lands on the big-ticket line. Here are the five line items where it actually hides on your monthly invoice.
There is no published supply house credit request time limit for billing errors, but the clocks are real. Why fresh invoices get credited and old ones do not.
The spreadsheet method to track material price history as a contractor: which columns to build from twelve months of supply-house invoices, and how to use it.
Your invoices are paper and they live in the truck. What actually works for capturing them, what OCR gets wrong, and how to stop losing price history.
Paid the same supply-house invoice twice? It happens more than shops think. How duplicates get created, how to spot them, and how to get the credit back.
The quote said one number and the invoice said another. Why supply-house quotes and invoices drift apart, and the two-minute check that catches it every time.
Same part, same supplier, higher price every month, and no phone call. What material price creep is, why nobody flags it, and how to find it on your invoices.