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

• Integration of blockchain technology enhances trust and efficiency in transactions.
• AI-driven predictive analytics can improve project timeline and cost forecasting.
• Growing demand for integrated financial management platforms presents expansion opportunities.

What critics are saying

• Emerging fintech startups could erode Built Technologies' market share.
• Rapid blockchain adoption may disrupt traditional payment methods used by Built Technologies.
• Economic downturns could reduce spending on construction projects, impacting revenue.

What makes Built Technologies unique

• Built Technologies offers a comprehensive suite of financial tools for construction industry.
• The platform facilitates secure exchange of lien waivers and ACH payments.
• Built Technologies employs a SaaS model, ensuring continuous updates and improvements.

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