Malleo vs. Fast Track Estimating

Malleo delivers thorough support for effectively managing your expenses. By leveraging its estimating feature, you can determine your costs right from the beginning. In the purchasing phase, you have the ability to define your expenses and complete transactions effortlessly. The platform allows you to monitor vendor costs organized by item, division, or subdivision. Moreover, Malleo enables management of default vendors based on various activities, divisions, or subdivisions. You can easily upload an estimate file and integrate it with the default vendors and their related costs, which subsequently helps in creating your budget. The system also provides functionalities to issue, delete, and clone purchase orders as necessary. Additionally, it supports generating purchase orders from approved vendor requests, streamlining the procurement process. You have the flexibility to create purchase orders for multiple invoices, dividing them according to all or selected lots within a subdivision. Malleo offers lumber price comparisons based on plan names or sold properties, adding another layer of financial insight. You can construct a builder risk spreadsheet and issue purchase orders categorized by job, which significantly improves your project management capabilities. Furthermore, it facilitates the handling of specification levels, such as trim levels, and allows you to supervise plan names provided by subdivisions along with their base prices. The platform offers management of options based on plan names and their respective prices, in addition to features available through subdivisions, both internal and marketed. Ultimately, Malleo enhances the entire process, allowing you to manage costs and vendors with greater efficiency and precision. This comprehensive approach ensures that your project remains within budget while maximizing vendor performance.

Fast Track Estimating software provides precise estimates and a comprehensive list of materials needed for purchasing. At its core, this construction estimating tool features a compilation of common tasks in residential construction, which are based on established unit costs. To create an estimate, users can simply pick items from the assembly list, whereby the software automatically incorporates standard costs associated with labor, materials, and other expenses. Users also have the option to modify these standard costs if necessary. Designed with flexibility in mind, this software was developed by a contractor, making it user-friendly for managing various construction projects efficiently. Additionally, it allows for the creation of templates for frequently performed tasks, the ability to duplicate estimates, and the option to adjust pricing and markups, as well as input multiple tax rates. Once the estimating process is completed, a range of reports is available for review, and users can access helpful screens to assist them throughout their experience. This ensures that you have all the necessary tools at your disposal for effective project management.