Material costs and pricing

Overview

Materials are one of the largest controllable costs on a job. Verinode positions your unit prices against anonymized peers so you can see where you are paying above the market.

Where to find it

Open Materials from the sidebar at iq.verinode.ai/materials. Prices are shown per unit against the cohort, with the largest savings opportunities surfaced first.

How it works

As invoices flow in, Verinode reads the line items and compares your unit prices to what peers pay for the same materials.

Best-practice example

If your dehumidifier rental or your common consumables sit above the cohort, that is a direct conversation to have with the vendor, backed by the benchmark.

Data sources