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Description
CostMate is a specialized estimating software designed for residential builders in New Zealand, particularly targeting solo operators and small teams involved in renovations, such as bathrooms, decks, and extensions.
It calculates labor costs using phase-specific production rates that take into account real-world site conditions like access issues, height variations, existing building constraints, and team size, moving away from a simple square-metre pricing approach. The software automatically applies BRANZ wastage percentages to material amounts, ensuring that estimates are both accurate and compliant with industry standards. Furthermore, every estimate inherently incorporates New Zealand Building Code stipulations related to external moisture, wet areas, energy efficiency, and timber framing, eliminating the need for a separate checklist.
Before an estimate is forwarded to clients, a quote-checking procedure reviews the details and highlights common oversights in residential quotes.
CostMate operates on a robust rules engine rather than a language model, ensuring that every quantity, wastage percentage, and code item is precise and can be traced back to its origin. It is important to note that this software does not function as a quantity surveying tool, project management system, or job scheduling application, making it distinctly tailored to the estimating needs of builders. Additionally, its design emphasizes transparency and reliability, allowing users to have confidence in the accuracy of their estimates.
Description
Newton software stands out as a leading provider of real estate ERP solutions in India, facilitating comprehensive management of various elements such as items, materials, overheads, and material wastage. It allows users to conduct rate analysis, project budgeting, and revisions of estimates while providing features for importing Bill of Quantities (BOQ) either through manual data entry or importing for streamlined estimating processes. Additionally, it supports activity-wise planning and enables the definition of work breakdown structures (WBS), with optional connectivity to Microsoft Projects for enhanced planning capabilities. Users can visualize material requirements over specified periods through bar charts and assess activities alongside material-wise quantity and cost variances. The software also offers Management Information Systems (MIS) support for comparing budgeted versus revised estimates, alongside functionalities for documentation and tenant allotment. Estimation and valuation can be calculated based on the number of occupants, while it manages aspects like funds, rental agreements, allotments, and reallocations. Furthermore, it features a cash payback system for tenant marking and occupancy-based valuation, alongside calculations for tenant resale and terminations, ensuring consistent investment and expense analysis over time. With its comprehensive suite of tools, Newton software significantly enhances the efficiency and accuracy of real estate management processes.
API Access
Has API
API Access
Has API
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Integrations
No details available.
Integrations
No details available.
Pricing Details
$39 NZD/user/month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
CostMate
Founded
2026
Country
New Zealand
Website
costmate.co.nz
Vendor Details
Company Name
Newton Software
Country
India
Website
www.newtonindia.com/simplify-erp.php
Product Features
Residential Construction Estimating
Bid Management
Billing & Invoicing
Building Product Database
Change Orders
Customer Management
Project Management
Quote Management
Scheduling
Takeoff
Product Features
ERP
Accounting Integration
Accounting Management
CRM
Dashboard
Distribution Management
Enterprise Asset Management
Financial Management
HR Management
Inventory Management
Order Management
Project Management
Purchase Order Management
Purchasing
Reporting/Analytics
Sales Management
Supply Chain Management
Warehouse Management