CrewCost was constructed to empower small and mid-sized contractors to construct confidently
CrewCost, the primary reasonably priced accounting software program designed for contractors by contractors, proudly declares the launch of the corporate and its namesake product. Constructed by the founding father of Esticom, a cloud-based takeoff and estimating utility acquired by Procore, CrewCost’s cloud-based development accounting software program is tailor-made particularly for contractors to assist them higher perceive their numbers and construct confidently.
The U.S. development trade is dominated by small and medium-sized companies that always lack the monetary administration instruments needed for long-term survival. In accordance with the newest U.S. Bureau of Labor Statistics information, nearly 40% of development contractors exit of enterprise inside 5 years.
“With billion-dollar companies controlling the overwhelming majority of development income, we wish to assist stage the monetary enjoying discipline for the small and medium-sized contractors who construct our properties, colleges, and hospitals,” mentioned Chris Lee, CEO and founding father of CrewCost. “CrewCost creates fashionable, easy-to-use development accounting and monetary administration merchandise accessible and reasonably priced for contractors of all sizes.”
CrewCost is development accounting software program integrating job costing and time monitoring in a easy, highly effective platform. Contractors can handle and monitor dedicated prices, change orders, retainage, and progress billings. As well as, staff and subcontractors can monitor and submit their time on the CrewCost apps for Android and iOS. With CrewCost, contractors can see how every job impacts earnings, permitting them to construct confidently.
The CrewCost Story
As a former development enterprise proprietor, Chris skilled firsthand the challenges of utilizing generic accounting software program within the contracting enterprise. He tried integrating level options, utilizing spreadsheets, and hiring expensive exterior assist—a irritating course of that took useful consideration away from different elements of the enterprise.
This expertise gave him deep insights into the operational and monetary challenges of operating a contracting enterprise. In 2015, he based Esticom, a cloud-based takeoff and estimating utility designed to assist contractors bid and win extra initiatives. Esticom’s success led to its acquisition by Procore Applied sciences in 2020.
In 2022, Chris partnered with Yancy Lassiter, a longtime Monetary Controller and CFO within the development trade, to create a greater method for contractors to handle their companies. Their shared imaginative and prescient impressed the concept for CrewCost.