FinTech news in agora category

He notes that by using Kojo, supervisors spend about 38% less time on materials management, back-office staff save approximately 75% of time processing purchase orders and customers save around 3 to 5% on materials. Earlier this year, the startup rebranded to Kojo and expanded from serving just one construction trade — electrical — to eight, including mechanical, concrete, drywall, roofing, flooring, site preparation and self-perform general contractors. In other words, it provides software to help contractors get the best price for the materials they use in construction projects so they save a lot more money, move faster and have less waste. Kojo claims it can help contractors save as much as hundreds of thousands of dollars in materials annually due to far less waste, while also cutting down their order process time by 50%.