Rave Build’s Financial Management System Overview

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Rave Build’s Financial Management System Overview

INTERESTING ARCHITECTURE TRENDS

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WHY ARE THESE TRENDS COMING BACK AGAIN?

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WHAT TRENDS DO WE EXPECT TO START GROWING IN THE COMING FUTURE?

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WHY IS IMPORTANT TO STAY UP TO DATE WITH THE ARCHITECTURE TRENDS?

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WHAT IS YOUR NEW FAVORITE ARCHITECTURE TREND?

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We’ve created an in-depth video overviewing Rave Build's NEW Financial Management System - you can check it out via the RAVE Help portal or click play on the image below. 

https://www.youtube.com/watch?v=YgskK08lbNk

Spoiler alert!  The video is 14 minutes long - it will give you a very good idea of what our Financial Management System is, what it does and what it doesn't do.  You can access RAVE's Financial Management System by clicking on the 'Financial' button on the home screen and/or clicking on the 'Budget' tab situated within a projects' sub tab menu.  Some of the financial systems (sub tabs) covered in the video include: 

  • Quote Requests - Sending your Quote and Tender Requests out.
  • Quotes & Prices - Receiving your Quotes and Tenders in.
  • Estimates - Building up a Client Estimate or proposal.
  • Purchase Orders - Creating Purchase Orders (if you use them).
  • Bills In - Receiving Bills In.
  • Invoices Out - For sending Client Invoices out.

Plus:

  • Back Costing - For real-time project back costing reports.
  • Profitability Reports - For displaying expected and actual gross profit.
  • CC Report - To see if you are under or over budget by your Cost Centres. 

And finally we have the Financial button, which gives you access to Financial reports across ALL of your jobs, with:

  • A Company Overview Report - A financial overview across all projects + short cuts to each of your projects' financial details
  • A Company Profitability Report - Displaying expected and actual gross profit across all of your projects
  • A Company Progress Payment Report - Listing all client payment requests + payment status across all of your projects

The 'Financial' button, and the 'Budget' project sub tab, are available within RAVE once the Financial Management System has been activated for your business.  If this isn't already part of your RAVE setup, and you'd like to have the Financial module added, please contact us via 07 210 2228 and/or email us at help@ravebuild.co.nz.

Already have Financial Management System access, and you want to check you have everything set up correctly?  Check out our 'Getting your financial management system set up' blog here.

As always, if you need any support with RaveBuild, we encourage you to reach out to us at support@ravebuild.co.nz or call us at (NZ) 07-210-2228 or (AUS)1800-179-163

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