Whether you’re evaluating field service software pricing options or looking to improve your construction project profitability, understanding your annual transaction value is crucial for making informed decisions about field operations KPIs.
You might be wondering, “How is this different from my annual revenue?”
Think of it this way: Annual revenue shows the big picture of all your business income. Many heavy industrial businesses have multiple streams of revenue. From manufacturing to product sales, or installations to field services.
In the case of Aimsio, ATV focuses only on the money funnelled through the platform, such as the projects or field work you manage. This detailed view gives you insights that broader numbers might hide – insights that become even more critical when market conditions are unpredictable.
What Is Annual Transaction Value (ATV) and How Do ATV Tracking Tools Help Your Business?
As more businesses compare field service tools to optimize their operations, tracking your annual transaction value becomes essential. Unlike generic business metrics, ATV gives you precise insights into your field operations performance—making it one of the most important job profitability metrics for heavy industrial companies.
Think of your ATV as your business’s financial heartbeat over a 12-month period. In Aimsio, we figure it out by adding up all your invoices (minus tax) that go through the system in a year. If you don’t use invoices, we’ll use tickets instead.
Simple, right? But the real magic happens when you start using this number strategically.
Understanding Job Profitability: What Your ATV Is Telling You
The patterns in your ATV tell an important story about your business’s financial health. Let’s look at what different patterns might mean for you.
1. The Upward Trend
If you see your ATV growing year after year, you’re doing well! This usually means healthy sales growth, good project execution, and more demand for what you offer.
Take it to the next level:
- Find your money-makers: Use Aimsio’s Work Breakdown Structure to analyze which projects, clients, or work types (T&M vs. lump sum) bring in the most money. Are pipelines making more than road work? Is Client A worth twice as much as Client B?
- Use your strengths: Once you know what works best, use Aimsio’s Dispatch tool to send your best crews and gear to these high-value jobs. Meet growing demand without losing quality.
2. Handling Regular Ups and Downs
Many heavy industrial businesses have busy and slow seasons – that’s normal. The key is seeing these patterns and planning for them.
Make the most of your cycles:
- Use downtime wisely: Plan equipment fixes or training during slower periods. Nothing’s worse than broken equipment or staff shortages during your busy season.
- Try new things: If ATV dips significantly during off-seasons, use Aimsio’s reports to identify less volatile services you could offer to keep money flowing year-round.
3. Sudden Jumps
Did you land a big contract? Seeing surprise demand? These ATV jumps are big opportunities if you can handle them well.
Plan Accordingly:
- Watch your costs: Use Aimsio’s progress tracking to compare estimated versus actual costs at each stage of the project. Cost overruns, for example, are common in construction projects. Tracking ensures your growth in volume turns into real profit.
- Check your capacity: Can your current staff and tools handle all this new work? Aimsio helps you see how much you’re using your resources so you can decide if it’s time to grow.
Tip: When evaluating the cost of field ticketing software during rapid growth periods, remember that proper job site management software pays for itself through improved cost tracking and resource allocation. Your ATV tracking tools become especially valuable during these expansion phases.
4. When Your ATV Stays Flat
Stability has its merits, but a flat ATV might mean you’re missing chances to make more money.
Find hidden potential:
- Price based on use: Are certain tools or people being used more than others on specific jobs? Change your pricing based on the real value delivered to capture more revenue per job.
- Don’t forget third-part costs: Make sure your field tickets catch all relevant information, including those easy-to-forget third-party costs and non-recurring billables that can really impact your bottom line.
Why Your Growing ATV Matters More Than You Think
A steady growing Annual Transaction Value isn’t just a nice number to have. It’s real proof that your business plan is working, even when conditions are challenging.
By tracking and looking at your ATV through Aimsio, you can make smart choices that help your business grow over the long term, not just for a short while.
Field Operation KPIs to Track Other than ATV
When businesses compare field service tools, they often focus solely on features rather than measurable outcomes. However, the most successful companies prioritize construction field software that delivers clear job profitability metrics and supports comprehensive ATV tracking.
The key field operations KPIs to monitor alongside your ATV include:
- Revenue per project/ticket
- Cost variance by job type
- Resource utilization rates
- Billing accuracy improvements
Modern job site management software should integrate these metrics seamlessly, giving you a complete picture of your construction project profitability without requiring multiple systems.
Field Service Software Pricing: Pennies Per Ticket
Here’s something to consider: when you divide Aimsio’s monthly cost by your annual tickets, you’re usually paying pennies for each transaction. But here’s what makes this interesting for your ATV.
Most field service businesses handle hundreds or thousands of tickets each year. Each ticket that goes through Aimsio gets better tracking, more accurate billing, and fewer missed charges. When you multiply those small improvements across all your tickets, your ATV often grows by much more than what you pay for software.
Think of it this way: if accurate billing and reduced revenue leakage helps you capture just 2-3% more revenue per ticket, that improvement across hundreds of tickets can add thousands to your annual transaction value. When times are tough, this kind of measurable return on a small investment makes even more sense.
Next Steps: Put Your ATV to Work for You
Understanding your ATV doesn’t have to be hard – and waiting for “perfect” economic conditions could cost you opportunities that are available right now.
Whether you want to break through a plateau, better handle seasonal fluctuations, capitalize on recent growth, or build a more resilient operation, Aimsio has the tools to help you turn numbers into strategic decisions.
Book a personalized demo today and let us show you how Aimsio can be the partner you need to make your field operations better and boost your bottom line.
Aimsio helps field crews and back-office teams perform with clarity and visibility—to trust your field data, and to bill with confidence. Because better field operations means better business. And better field service management means more than just efficiency—it means better control. It means better business.
Field-First. Back Office-Ready. Transforming the Field.
FAQ
How does Aimsio figure out my annual transaction value?
Your annual transaction value (ATV) is the total value of all invoices (not counting tax) processed through Aimsio in a year. If you don’t use invoices, we’ll use tickets in the calculation.
Is the annual transaction value the same as my revenue?
Why should I track my ATV?
How often should I look at my ATV numbers?
Can Aimsio help me improve my ATV?
How does knowing my ATV help with daily business choices?
Does a higher ATV always mean more profit?
Job Costing helps make sure your growing transaction value turns into better profits, not just more work.
