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What is TrakPro?
TrakPro is a specialized construction payment management platform designed specifically for main contractors and commercial teams in the UK and Ireland.
Subcontractors have the ability to submit payment claims based on pre-defined bill of quantities, which are thoroughly assessed by quantity surveyors on an item-by-item basis, providing recommendations and certifying payments through flexible approval workflows. The system automatically generates payment certificates and pay less notices, while also managing retention, release processes, and handling variations, dayworks, and site materials, all supported by a detailed audit trail.
Both main contractors and subcontractors access the same platform, allowing main contractors to gain real-time insights into committed costs and certified values for every project.
The notifications and language used are in accordance with local legislation, ensuring compliance for UK projects under the Construction Act and for Irish projects governed by the Construction Contracts Act, with adherence to CIS regulations for UK payments. In addition, TrakPro easily integrates with a variety of construction ERP systems like COINS, Sage Intacct, and 4PS, further enhancing its capabilities and user experience. This all-encompassing approach not only streamlines payment management but also significantly improves communication and efficiency within the construction sector. Ultimately, TrakPro proves to be an essential resource for modern construction payment processes.
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.
Media
No images available
Integrations Supported
QuickBooks Accountants
Stripe
Zelle
API Availability
Has API
API Availability
Has API
Pricing Information
Subcontractors use TrakPro free. Pricing applies to main contractors only
Free Version
Free Trial Offered?
Pricing Information
$199 per month
No contracts, unlimited users, unlimited projects.
Free Version
Free Trial Offered?
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
TrakPro
Date Founded
2023
Company Location
Ireland
Company Website
trak-pro.com
Company Facts
Organization Name
KonstructIQ
Company Location
United States
Company Website
konstructiq.com
Categories and Features
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
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