Trimble has officially launched Trimble Financials, a new AI-enhanced job costing and financial management software designed specifically for small-business contractors. The new software helps contractors quickly see whether projects and the overall business are profitable. Built-in AI capabilities also help users answer basic financial questions rapidly and intuitively.

 Primary benefits of Trimble Financials include:

• Simplified financial workflows — Available as a self-service subscription, Trimble Financials provides a simple, mobile-friendly way for small-business contractors to track job budgets and costs — from estimates to actual expenses. It delivers valuable, easy-to-understand reports and dashboards on cash flow and AP/AR aging for both job-specific and company-wide financials. It also automatically converts expenses and project costs into clear, user-friendly financial statements, eliminating manual effort and the need for generic accounting tools or complex spreadsheets.
• Accurate job-to-financial insights — Trimble Financials simplifies job costing and overall financial management, allowing small-business contractors to focus on what they do best — building. From generating clear job proposals with detailed cost breakdowns by phase and cost type, to processing bills and invoices tied to projects and overhead, it helps contractors easily see whether individual projects and the business as a whole are profitable.
• AI-powered intelligence — With built-in AI, a smart assistant provides answers to questions like, “which client has the biggest outstanding invoice?” and “how are we doing on actuals vs. budget?” to help users get insights quickly. This feature allows small-business contractors to focus on projects rather than bookkeeping, giving them clear financial insights with minimal effort.

Trimble Financials is ideally suited for smaller general and specialty contractors that do not have in-house financial management personnel and that operate in residential, commercial and civil sectors.

“Trimble Financials helps small-business contractors focus more time on construction and less time on accounting,” said Jon Fingland, category vice president of finance, payment and estimating solutions at Trimble. “Spreadsheets and basic bookkeeping systems can be hard to use, and they make it difficult to get key financial data for daily decisions. At the same time, these contractors may not need all the capabilities of an advanced construction ERP system.”

“Many of the largest contractors in North America rely on Viewpoint Vista and Spectrum construction ERP systems from Trimble,” said Fingland. “We’re now extending that expertise to a simplified solution aligned with the needs of small-business contractors.”