When running a trades business, every dollar saved is a dollar earned. Fergus offers a variety of features specifically designed to cut costs and boost your bottom line. Here’s how adopting Fergus translates into direct financial savings for your business.
One of the biggest financial drains in any business can be the time and resources spent on administrative tasks. Fergus automates these processes; from job quoting to invoicing significantly reducing the need for administrative staffing and the associated costs. By automating routine tasks, Fergus not only saves you money on wages but also frees up your team to focus on more productive, revenue-generating activities.
Transitioning to a digital management system with Fergus eliminates the need for physical storage, printing, and paper supply expenses. This move to a paperless environment not only cuts costs but also enhances the efficiency of accessing and managing job information, reducing the likelihood of errors and duplicated efforts that can lead to financial losses.
Effective scheduling is key to avoiding costly overstaffing or paying overtime. Fergus offers a visual scheduling tool that optimizes your workforce distribution, ensuring that each team member is utilised efficiently throughout the workday. This careful management helps avoid unnecessary labor costs and maximizes productivity
By integrating directly with suppliers, Fergus helps you manage inventory and procurement efficiently. This feature ensures that you purchase materials at the best available prices and take advantage of any discounts or deals suppliers offer. Automated matching of purchase orders to job tickets also prevents over-ordering or stockpiling expensive inventory that ties up cash flow.
Fergus Pay improves the speed and ease of processing payments, which is crucial for maintaining a healthy cash flow. By enabling quicker payment methods, such as on-site credit card processing, Fergus reduces the delay between job completion and payment, thereby decreasing borrowing needs and enhancing liquidity.
With Fergus’ detailed reporting tools, you gain insights into every aspect of your business finances—from individual job profitability to overall financial trends. These analytics allow you to identify cost-saving opportunities and make informed decisions that positively impact your bottom line.
Fergus transforms the traditional approach to trade business management by leveraging technology to reduce costs, improve efficiency, and drive profitability. By integrating Fergus into your daily operations, you not only streamline processes but also create a more resilient and financially sound business.