Introducing Buildertrend Wallet: Integrated banking for construction businesses

At the beginning of 2023, our team announced the release of a new line of financial services to help home builders and remodelers manage business costs.

One of these services is Buildertrend Wallet, designed to help teams of all sizes track costs like pros and save.

What is Buildertrend Wallet?

Buildertrend Wallet is an integrated banking* tool that empowers Buildertrend customers to control and track employee spending all in one place.

Free employee cards* with precise spend controls and automated expense tracking makes managing company spending simpler.

When you sign up for this free service, you’ll get:

• Employee cards: Issue the virtual and physical cards you need and set custom controls to empower your team to make necessary purchases – without interrupting office staff.
• Receipt tracking: Collect receipts on autopilot to eliminate missed costs and expense tracking headaches.
• Unlimited rewards: Earn uncomplicated 1% cashback on all business purchases made with your Buildertrend Wallet cards.

Our goal? Give builders like you a competitive edge by providing free financial tools custom-built for construction businesses.

Is Buildertrend Wallet right for my construction business?

Like anything else in life or business, using a service that specializes in your needs will yield better results. For cost management in a construction business, you should use a service that understands the construction industry and integrates seamlessly with the other tools that are critical to your day-to-day operation.

Here at Buildertrend, our job is to understand and meet the construction industry’s – and our customers’ – needs inside and out. Buildertrend Wallet was designed by a team that knows builders struggle with:

• Lost or missing receipts
• Delayed or manual entry of expense details
• Inefficient field-to-office communication of purchases
• Difficulty matching expenses to the correct jobs

Buildertrend Wallet means your team can enjoy simplicity and fluid productivity, with one card that can do it all: spend controls, receipt tracking and 1% cashback rewards – for free. With Wallet, your business can:

• Capture a receipt and match it to a job within seconds of each purchase
• Track everything to the Cost Inbox without logging into Buildertrend
• Eliminate follow-up communication about purchases made in the field
• Understand each cost that goes into every build
• Put money back into your business to fuel your growth with cashback rewards and rebates on eligible purchases

Still need convincing? Don’t worry. We’ve got a whole list of reasons why Buildertrend Wallet is the solution you’ve been looking for.

Who was Buildertrend Wallet made for?

For builders who don’t have company cards

This is a way to empower teams to buy what they need to keep their jobs on schedule without losing control. Plus, rewards for company purchases go back into the business.

For builders already using an expense management software

You can now get those same benefits without the added subscription to manage. And everything is accessible using your same Buildertrend credentials. Plus, it’s free! Our goal is to maximize the value you get from your existing investment in Buildertrend.

For builders who don’t have an expense management process they love

This is an easy way to finally go paperless while establishing a reliable paper trail – without the paper. Tracking receipts isn’t why you went into business. Our process makes it easy to focus on other priorities.

For builders whose teams struggle to remember

Authorized users who have a million things in their heads during the day will appreciate getting prompted for a receipt automatically. That receipt will go into the Cost Inbox as quickly as the cardholder can respond to a text.

What’s the benefit to your business? We’re protecting your margins by making it easy for employees to submit and track costs.

For builders who wait to upload their receipts or reconcile their statements until the end of the month

Using Buildertrend Wallet will reduce that lag time to ensure costs are always up to date and are coded before valuable context is lost or a receipt goes missing.

But the best part is, it helps construction business owners take control of their finances like never before.

However, if you’re still on the fence and want to know what other perks you’ll get with Buildertrend Wallet, here’s a comprehensive list of what you can look forward to when you sign up.

• Earn rewards on autopilot: Enjoy 1% cashback on all business purchases. No fees and no APR.
• Create as many cards as you need for free: Create the cards you need to help organize your spending.
• Set precise spend controls: Set custom spend limits and lock or cancel any card with a click.
• Account for every penny spent: Collect, track and reconcile receipts to your Buildertrend jobs. Easy filters and search capabilities help your team pinpoint exactly which transactions are missing receipts.
• Save hours with automation: No more reimbursements or dealing with a backlog of receipts.
• Understand your financials: Know where your money is going with real-time visibility into daily spend and budgets for every job – all in one place.
• Receive instant transaction notifications: Know instantly when an unauthorized trip to the drive-thru was paid for by the company card.
• Enjoy the benefits of Buildertrend Wallet for free: This free integration empowers your team to get more value from the Buildertrend financial features you already know and love.

Need we say more?

Taking control of your business finances has never been so rewarding

If you’ve already got an amazing financial system in place, we hear you. But there’s no downside to scheduling a demo to see if Buildertrend Wallet can help your business become even better.

Learn more about Wallet so you can decide if you’re ready to say good-bye to end-of-month surprises – and say hello to better savings.

*Buildertrend Wallet banking services are provided by Piermont Bank, member FDIC. Deposits are FDIC insured up to $250,000 through Piermont Bank, member FDIC. The Buildertrend Mastercard Debit Card is issued by Piermont Bank pursuant to a license from Mastercard International and may be used anywhere Mastercard Debit cards are accepted. View terms of the cashback program.

Buildertrend Wallet cashback rewards are calculated at the end of each calendar month, using the approved transactions from the cards. The cashback rewards obtained will be frozen for a period of thirty calendar days and will then subsequently be credited as a positive credit in the Buildertrend Wallet account.