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Average Ratings 7 Ratings

Description

Flashtract simplifies the creation of custom pay applications and lien waivers by automating calculations for subcontractors using just two key values: the percentage of work completed and the amount of materials stored. Even minor mistakes can lead to significant delays with documentation, prompting accounting and finance teams to sift through spreadsheets or stacks of paper to catch those easily overlooked errors. Consequently, Flashtract has emerged as the leading solution for general contractors seeking efficient pay app management. By entering project information only once, users can rely on Flashtract to swiftly produce AIA-style pay applications and lien release documents using merely two inputs: the work completed during the billing period and the materials currently stored. This eliminates the need for redundant data entry and alleviates confusion over which backup documents are required prior to invoicing. Additionally, Flashtract not only performs accurate calculations but also automatically detects mathematical errors and minimizes other common billing issues by monitoring retainage, carrying over values from previous submissions, and generating precise lien waivers, ensuring a smoother billing process. The result is a more streamlined workflow that saves time and reduces stress for all parties involved.

Description

KonstructIQ is an innovative platform that integrates artificial intelligence to serve the needs of residential general contractors, remodeling companies, and home builders by streamlining both construction and financial management. This comprehensive tool covers the entire project lifecycle, encompassing fast and professional estimates, budgeting, invoicing, payment processing, change-order management, cost tracking, subcontractor coordination, and real-time reporting, all within a unified interface. Its estimating feature allows contractors to create precise bids swiftly, utilizing customizable cost codes and the ability to calculate markups or margins, as well as accommodating both cost-plus and fixed-price pricing models. Upon approval of an estimate, it transforms into the project budget, ensuring that every bill, invoice, or change order automatically reflects on the budget, enabling contractors to maintain precise job costing and oversight of profitability. Additionally, the platform facilitates payments to subcontractors or suppliers, supporting various methods such as ACH transactions, checks, debit and credit cards, virtual cards, or Zelle, while also enabling clients to pay invoices directly through a user-friendly portal, which accelerates cash flow significantly. This holistic approach not only simplifies administrative tasks but also enhances financial transparency for contractors, ultimately contributing to more efficient project completion.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

DataXchange Yes 
Procore Yes 
QuickBooks Accountants No 
Sage 300 Yes 
Stripe No 
Zelle No 

Integrations

DataXchange No 
Procore No 
QuickBooks Accountants Yes 
Sage 300 No 
Stripe Yes 
Zelle Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$199 per month
No contracts, unlimited users, unlimited projects.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Flashtract

Founded

2019

Country

United States

Website

www.flashtract.com

Vendor Details

Company Name

KonstructIQ

Country

United States

Website

konstructiq.com

Product Features

Construction Accounting

Accounts Payable Yes 
Accounts Receivable No 
Billing & Invoicing Yes 
Budgeting & Forecasting No 
Cash Management No 
Construction Breakdowns No 
General Ledger No 
Job Costing No 
Overrun Projections No 
Payroll Management No 
Purchase Order Management No 
Quotes / Estimates No 

Construction Bid Management

Bidder Management No 
Building Product Database No 
Cost Database No 
File Sharing No 
Proposal Management No 
Quotes / Estimates No 
RFP Management No 
Subcontractor Management No 
Takeoff No 
Version Control No 

Construction Management

Accounting Integration No 
Budget Tracking/Job Costing No 
CRM No 
Change Orders No 
Commercial No 
Contract Management No 
Contractors No 
Equipment Tracking No 
Estimating No 
Incident Reporting No 
Mobile Access No 
Offline Access No 
RFI & Submittals No 
Residential No 
Subcontractor Management No 
Timesheets No 

Contractor Management

Contractor Database No 
Insurance Tracking No 
License Tracking No 
Permit Tracking No 
Skills & Competencies No 
Task Management No 
Work Hour Tracking No 

Product Features

Construction Accounting

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

Construction Bid Management

Bidder Management Yes 
Building Product Database No 
Cost Database Yes 
File Sharing Yes 
Proposal Management Yes 
Quotes / Estimates Yes 
RFP Management No 
Subcontractor Management Yes 
Takeoff Yes 
Version Control No 

Construction CRM

Client Tracking No 
Contract Management Yes 
Forecasting No 
Project Management Yes 
Quote Management Yes 
Sales Management No 
Scheduling Yes 
Time Management Yes 

Construction Estimating

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

Construction Management

Accounting Integration Yes 
Budget Tracking/Job Costing Yes 
CRM No 
Change Orders Yes 
Commercial Yes 
Contract Management Yes 
Contractors Yes 
Equipment Tracking No 
Estimating Yes 
Incident Reporting No 
Mobile Access Yes 
Offline Access No 
RFI & Submittals No 
Residential Yes 
Subcontractor Management Yes 
Timesheets Yes 

Takeoff

3D View No 
Assembly Takeoff No 
Cross Section Creation No 
Electronic Plans No 
Elevation Checking No 
Error Checking No 
Site Balancing No 
Slope Routines No 
Subcontractor Management No 

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