Introduction
inBuild is an innovative AI software specifically designed to revolutionize the accounts payable process for the construction industry. By leveraging artificial intelligence, inBuild automates the management of invoices and accounts payable, significantly reducing the time spent on manual processing, increasing accuracy, and ultimately saving money. The platform's sophisticated digital assistant minimizes manual data entry, while its unified inbox solution consolidates all payable documents from various sources, allowing for effortless workflow management. With inBuild, users can expect a seamless integration with popular financial platforms like Procore, QuickBooks Desktop, and Sage 100, ensuring a transparent and efficient financial workflow.
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Founded in 2021 and headquartered in Wilmington, DE, inBuild was established by Ty Sharp and Ian Sharp, with Ty Sharp serving as the CEO. The company has raised a total of $500K in funding from notable investors such as Y Combinator, Pioneer Fund, and Greater Colorado Venture Fund. inBuild's mission is to provide a cutting-edge solution that addresses the complex financial lifecycles and outdated software solutions prevalent in the construction finance sector.
Features of inBuild
Accounts Payable Automation
Automates invoicing, checks costs against project budgets, handles approvals, pays bills, and updates Quickbooks.
Unified Inbox Solution
Receives all payable documents in a single place, streamlining the workflow from various sources like email, mobile app, or project management tools.
Customized Workflows
Tailors approval processes to fit the unique structure and demands of different companies, ensuring control while accelerating decision-making.
Integration with Financial Platforms
Syncs with Procore, QuickBooks Desktop, and Sage 100 for efficient invoice processing and reconciliation.
Mobile App Submission
Enables users to submit physical documents and receipts using their camera for review and approval, enhancing flexibility.
Document Management
Connects with other platforms to manage and track documents, increasing redundancy and control over data.
How to use inBuild?
To begin using inBuild, start by scheduling a demo to understand its capabilities. Once familiar, integrate it with your existing financial platforms, set up customized workflows, and start automating your invoicing process. Use the mobile app for on-the-go document submissions and enjoy the streamlined financial operations.
Innovative Features of inBuild
inBuild's innovation lies in its ability to automate complex construction finance workflows with AI, providing real-time visibility into the financial health of businesses and reducing the reliance on manual processes.
FAQ about inBuild
- How does inBuild automate invoicing?
- inBuild uses AI to process invoices, check costs against budgets, and handle approvals automatically.
- Can inBuild integrate with my existing financial software?
- Yes, inBuild syncs with platforms like Procore, QuickBooks Desktop, and Sage 100.
- How do I submit physical documents with inBuild?
- Use the mobile app to take a picture of documents, which will be processed upon submission.
- How can I customize the approval process in inBuild?
- Tailor the approval processes to fit your company's structure and project demands within the inBuild platform.
- What support is available for inBuild users?
- inBuild offers exceptional support to ensure a smooth transition and usage of their AI tool.
Usage Scenarios of inBuild
Academic Research
Use inBuild to analyze construction finance processes and gather data for academic studies.
Market Analysis
Leverage inBuild's data insights for market analysis in the construction industry.
Construction Project Management
Apply inBuild to manage and streamline financial operations in construction projects.
Financial Auditing
Utilize inBuild's organized document processing for auditing purposes, ensuring compliance and accuracy.
User Feedback
Users report a significant reduction in the time spent on managing project finances, with one user cutting the time burden from 16 hours to less than 4 hours per month.
The AI component is praised for saving time and reducing potential errors, enhancing the overall user experience.
Feedback highlights the ease of integration with existing financial platforms and the automation of invoicing processes.
Users appreciate the ability to customize approval processes and the control provided over financial workflows.
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inBuild has made a name for itself in the construction finance sector by providing a comprehensive solution that addresses the specific needs of general contractors. Its innovative approach to automating financial workflows has been recognized by industry experts and has garnered positive feedback from users for its efficiency and user-friendly design.
Useful Links
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