Overview

GetBuilt.com offers financial and project management tools specifically designed for the construction industry. Their software helps construction contractors, lenders, and real estate developers manage project costs, payment processing, and financial reporting. The platform allows users to generate detailed job cost reports, which are essential for tracking expenses and profitability. It also supports electronic payment processing and lien waiver management. GetBuilt.com operates on a Software-as-a-Service (SaaS) model, where clients pay subscription fees to access various features, making it suitable for both small contractors and large firms. What sets GetBuilt.com apart from competitors is its focus on addressing the unique financial needs of the construction sector, particularly during economic uncertainties. The company's goal is to streamline financial management for its clients, ensuring they can effectively manage their projects and loan portfolios.

Simplify's Take

What believers are saying

• Strategic investment from Citi enhances Built Technologies' financial stability and growth potential.
• The rise of AI-driven analytics aids in better project forecasting and profitability.
• Increasing demand for integrated financial management platforms benefits Built Technologies' offerings.

What critics are saying

• Increased competition could erode Built Technologies' market share.
• Rapid technological advancements require continuous innovation to maintain competitiveness.
• Economic uncertainties may impact Built Technologies' client base and revenue.

What makes Built Technologies unique

• Built Technologies offers specialized financial tools for the construction industry.
• The platform integrates lien waivers, ACH payments, W9s, and 1099s for seamless transactions.
• Built Technologies employs a SaaS model, ensuring continuous updates and improvements.

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