The construction industry is composed of a majority of SMEs that build our cities. In spite of the very important work they do, these SMEs operate with very thin margins and often struggle financially : they have to provide work and pay for materials upfront, face fierce competition and get paid late, to such extent that 10.000 of them go bankrupt every year in France alone.
The financial management of construction projects is very complicated and yet, 70% of SMEs in the construction industry still use Excel to manage their business ! 🤯
Graneet aims to help construction SMEs improve their financial management and boost their margins by giving them access to visibility and transparency on their business, in real time.
In practice, their clients use Graneet to create and follow up on their quotes, generate and control their invoices, and monitor their margin in real time. They recover a peaceful management of their construction projets by accessing dashboards that display all the key indicators of their business and by collaborating with their entire team within the same platform. 🙌
Graneet addresses 100.000 companies in France only, and will expand to Europe where construction SMEs face the same issues. 🇪🇺