Construction Finance Redefined
Capture Expense transforms construction finances by digitising processes, streamlining approvals, enabling precise project tracking and providing real-time visibility.
How Capture Expense addresses the challenges faced by the construction industry
Paper-based processes
Challenge: Traditional construction expense management relies on paper receipts and manual data entry, leading to inefficiencies and errors.
Our solution: Digitises the entire process, allowing users to capture receipts effortlessly, reducing the dependency on paper and minimising errors associated with manual entry.
Complex approval workflows
Challenge: Construction projects often involve multiple stakeholders, making expense approval workflows complex and time-consuming.
Our solution: Streamlines approval processes by providing a centralised platform where all stakeholders can review and approve expenses efficiently, reducing delays and improving accountability.
Tracking project-specific expenses
Challenge: Construction projects may have various cost centres and expenses related to different aspects, making it challenging to allocate costs accurately.
Our solution: Enables users to categorise expenses based on specific projects or cost codes, providing a clear breakdown of costs associated with each project.
Real-time visibility
Challenge: Lack of real-time visibility into expenses can lead to budget overruns and hinder financial decision-making.
Our solution: Offers real-time tracking and reporting features, providing stakeholders with up-to-date insights into project expenses, helping them make informed decisions and control costs effectively.
Integration with accounting systems
Challenge: Incompatibility between expense management systems and accounting software can result in data discrepancies and reconciliation issues.
Our solution: Integrates seamlessly with accounting systems, ensuring data consistency and eliminating the need for manual data transfer, reducing errors and improving overall financial accuracy.
Mobile accessibility
Challenge: Construction professionals are often on the move, making it difficult to submit and manage expenses in a timely manner.
Our solution: Offers a mobile-friendly interface, allowing users to capture and submit expenses on-the-go, improving the speed and efficiency of the entire expense management process.
