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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
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
$39 NZD/user/month
Free Trial
Yes
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
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
No
Billing & Invoicing
No
Building Product Database
No
Change Orders
No
Customer Management
No
Project Management
No
Quote Management
No
Scheduling
No
Takeoff
No
Product Features
ERP
Accounting Integration
Yes
Accounting Management
No
CRM
No
Dashboard
No
Distribution Management
No
Enterprise Asset Management
No
Financial Management
No
HR Management
No
Inventory Management
No
Order Management
Yes
Project Management
No
Purchase Order Management
Yes
Purchasing
No
Reporting/Analytics
Yes
Sales Management
No
Supply Chain Management
No
Warehouse Management
No
