StructShare provides a digital procurement and material management platform specifically designed for specialty contractors, enabling real-time field ordering, automated invoice reconciliation, and project cost tracking. By streamlining purchasing workflows and enhancing supplier collaboration, the platform helps contractors save over $100,000 annually while improving job cost accuracy and operational efficiency.
Funding
$8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
KVFounders
Product
Problem
Specialty contractors often struggle with inefficient material procurement processes, leading to cost overruns, delays, and inaccurate job costing. Manual purchase order management, fragmented communication with suppliers, and cumbersome invoice reconciliation further exacerbate these challenges.
Solution
StructShare offers a digital procurement and material management platform designed specifically for specialty contractors. The platform streamlines the entire material operations lifecycle, from field ordering and purchase order processing to automated invoice reconciliation and project cost tracking. By providing real-time visibility into material costs, budgets, and inventory, StructShare enables contractors to improve job cost accuracy, reduce manual data entry, and enhance collaboration with suppliers. The system's mobile app empowers field teams to request POs, track deliveries, and communicate with the office and suppliers, while accounting teams benefit from automated three-way matching and seamless integration with existing accounting systems.
Target Audience
StructShare primarily targets specialty contractors across various trades, including electrical, mechanical, plumbing, HVAC, fire protection, concrete, drywall, paint, roofing, masonry, flooring, and framing.
Features
- Mobile app for foremen and project managers with preloaded item database and supplier catalogs
- Real-time notifications and in-app chat for improved communication between field, office, and suppliers
- Automated invoice upload and three-way matching (PO, invoice, receiving)
- Multi-level purchase order approval workflows with single-click processing
- Project cost tracking with budget breakdown and real-time expense dashboards
- Integration with popular accounting software such as Sage 300, Procore, QuickBooks, Spectrum, and Vista
- Mobile delivery capture and past-due alerts for order delivery validation