Release Notes: July 2026

New Products

Asset Financials

✅ Released July 1, 2026

🎉Asset Financials is here! 🎉 Asset Financials closes the longstanding gap between what equipment and assets do in the field and how they get costed and billed on the books, automatically computing equipment job costing, internal billing and real-time asset-level profit and loss from live operational data.

The goal of Asset Financials is to determine, at any point in time, whether each asset in the fleet (from equipment, to vehicles, to mid-sized assets, tools and more) is earning its keep by job, by period, and in aggregate. It produces:

• Real-time asset P&L: An asset-level profit and loss view per machine, built from the cost and revenue that flow from actual machine activity, updated continuously as operational data comes in
• Automated job costing: Equipment costs allocated to specific jobs and cost codes based on actual activity from the machine, not estimates or operator reports
• Internal billing records: Defensible internal charge documentation grounded in telematics data, available to resolve disputes between the shop, project teams, and finance without phone calls or manual reconciliation
• Fleet-level profitability benchmarks: Over time, aggregated asset P&L data across the fleet and internal benchmarks by equipment and asset class, providing the financial basis for purchase, rental, redeployment, and replacement decisions
• ERP-ready output: Financial data formatted for existing accounting systems with the operational context needed to stay accurate