VRSK - Verisk Introduces Xactimate Time & Materials Tool for Streamlined Job Cost Tracking | Benzinga
JERSEY CITY, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Construction and restoration professionals now have a new and efficient way to save time, reduce administrative burden and minimize human error, all while providing real-time updates on expenses to track job progression when restoring commercial and personal large property losses. Verisk (NASDAQ:VRSK), a leading global data analytics and technology provider, today announced the launch of Xactimate Time & Materials, an innovative tool accessible through the Xactimate platform that is designed to revolutionize the property estimation process by simplifying cost tracking and enhancing transparency for large loss residential and commercial jobs.
With Xactimate Time & Materials, users can easily estimate or capture costs, leveraging Xactimate's extensive line items and pricing. The tool seamlessly integrates into the existing Xactimate ecosystem, including XactAnalysis and Insights, as well as third-party integrators and partners. This digital, paperless model allows for efficient job cost tracking and automatic inventory creation to help restorers provide billing invoices to insurers in ...