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What is KonstructIQ?

KonstructIQ represents a groundbreaking solution that leverages artificial intelligence to meet the diverse requirements of residential general contractors, remodeling firms, and home builders by optimizing both the construction process and financial oversight. This all-encompassing tool manages the project lifecycle seamlessly, offering quick and professional estimates, budgeting, invoicing, payment processing, change-order management, cost tracking, subcontractor coordination, and real-time reporting, all accessed through a single platform. Its estimating capabilities empower contractors to generate accurate bids rapidly, with customizable cost codes and options for markup or margin calculations, while also accommodating both cost-plus and fixed-price pricing strategies. Once an estimate is approved, it seamlessly transitions into the project budget, ensuring that all bills, invoices, or change orders are automatically updated to reflect on the budget, allowing contractors to maintain accurate job costing and monitor profitability effectively. Furthermore, the platform streamlines payment processes for subcontractors and suppliers, offering a variety of payment options such as ACH transfers, checks, debit and credit cards, virtual cards, or Zelle, and it also allows clients to settle invoices easily via an intuitive portal, significantly improving cash flow. This comprehensive approach not only alleviates administrative burdens but also fosters financial transparency for contractors, leading to enhanced efficiency in completing projects. In essence, KonstructIQ serves as a vital tool that empowers contractors to focus on what they do best while ensuring that the financial side of their projects is meticulously managed.

What is Flashtract?

Flashtract revolutionizes the generation of customized pay applications and lien waivers by automating calculations for subcontractors with just two essential inputs: the percentage of work completed and the value of materials stored. Even small inaccuracies can cause major delays in documentation, forcing accounting and finance departments to comb through spreadsheets or piles of paper to identify those easily missed mistakes. As a result, Flashtract has established itself as the premier choice for general contractors in need of effective pay application management. Users only need to input project details a single time, allowing Flashtract to quickly generate AIA-style pay applications and lien release documents from just two data points: the work accomplished during the billing cycle and the materials that have been stored. This process eliminates repetitive data entry and clears up any uncertainty regarding the necessary backup documentation before invoicing. Furthermore, Flashtract not only ensures precise calculations but also identifies mathematical errors automatically, reducing common billing complications by overseeing retainage, transferring values from earlier submissions, and creating accurate lien waivers, leading to a more efficient billing experience. Ultimately, the result is a workflow that enhances productivity and alleviates pressure for everyone involved in the process, creating a more collaborative environment.

Media

Media

Integrations Supported

DataXchange
Procore
QuickBooks Accountants
Sage 300
Stripe
Zelle

Integrations Supported

DataXchange
Procore
QuickBooks Accountants
Sage 300
Stripe
Zelle

API Availability

Has API

API Availability

Has API

Pricing Information

$199 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

KonstructIQ

Company Location

United States

Company Website

konstructiq.com

Company Facts

Organization Name

Flashtract

Date Founded

2019

Company Location

United States

Company Website

www.flashtract.com

Categories and Features

Construction Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Construction Breakdowns
General Ledger
Job Costing
Overrun Projections
Payroll Management
Purchase Order Management
Quotes / Estimates

Construction Bid Management

Bidder Management
Building Product Database
Cost Database
File Sharing
Proposal Management
Quotes / Estimates
RFP Management
Subcontractor Management
Takeoff
Version Control

Construction CRM

Client Tracking
Contract Management
Forecasting
Project Management
Quote Management
Sales Management
Scheduling
Time Management

Construction Estimating

Accounting Integration
Audit Trail
Bid Management
Billing & Invoicing
Building Product Database
Calculators
Change Orders
Contract Management
Cost Database
Customer Management
Customizable Templates
Electrical Estimating
HVAC Estimating
Historical Database
Job Costing
Plumbing Estimating
Price Data / Price Books
Project Management
Quote Management
Reporting/Analytics
Scheduling
Subcontractor Management
Takeoff
What-if Analysis

Construction Management

Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets

Takeoff

3D View
Assembly Takeoff
Cross Section Creation
Electronic Plans
Elevation Checking
Error Checking
Site Balancing
Slope Routines
Subcontractor Management

Categories and Features

Construction Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Construction Breakdowns
General Ledger
Job Costing
Overrun Projections
Payroll Management
Purchase Order Management
Quotes / Estimates

Construction Bid Management

Bidder Management
Building Product Database
Cost Database
File Sharing
Proposal Management
Quotes / Estimates
RFP Management
Subcontractor Management
Takeoff
Version Control

Construction Management

Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets

Contractor Management

Contractor Database
Insurance Tracking
License Tracking
Permit Tracking
Skills & Competencies
Task Management
Work Hour Tracking

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