Last updated 05-08-2024
Category:
Reviews:
Join thousands of AI enthusiasts in the World of AI!
Swipe
Swipe is revolutionizing the construction industry with its AI-powered spend platform designed to optimize financial operations for construction projects. The platform excels in delivering efficiency by combining project management tools with robust expense tracking capabilities. Swipe empowers users with the ability to handle supplier payments, manage vendors, automate accounting processes, and offers a suite of other valuable features.
Contractors using Swipe can look forward to significant savings, as the platform promises an average of 10% cost reduction on each project. Additionally, the hassle of manual expense reporting is eliminated through the introduction of automated receipt collection and mobile capture technology, translating into a time saving of 60 hours per project. Swipe's financial benefits extend further, offering 1% cash back and vendor discounts through Swipe Rewards, as well as in enticing vendors to offer substantial discounts for faster payment processing.
The platform's strength lies in its sophisticated AI-driven components such as real-time insights, automated workflows including invoice verification, expense tracking, tax compliance, fraud detection, and an AI Financial Copilot which provides analytics, forecasting, and intelligent payment scheduling accessible via text messaging. This system is designed to scale with the growth of a business, ensuring that as your company expands, Swipe's capabilities do so too.
AI Empowerment: Integrates project management with AI-powered expense tracking for streamlined operations.
Cost Savings: Projects using Swipe save an average of 10%, with built-in expense management controls.
Time Efficiency: Automatically collects receipts and provides mobile receipt capture, saving roughly 60 hours.
Reward System: Offers 1% cash back and vendor discounts through Swipe Rewards.
Project Budget Control: Assigns pre-set limits to projects and employee cards with transaction matching to project plans.
1) How does Swipe help contractors save money?
Swipe helps contractors save an average of 10% on each project by streamlining expense tracking and offering discounts and rewards.
2) What are some of Swipe's time-saving features?
Swipe offers automated workflows, like invoice verification and expense tracking, along with AI-powered analytics & forecasting for project expenses.
3) Can Swipe manage budgets specific to different projects?
Yes, Swipe allows project-specific budget assignments with pre-set limits for employee cards and matches transactions to project plans.
4) What kind of AI features does Swipe offer for construction projects?
Swipe provides real-time insights, fraud detection, tax compliance, and AI-driven financial forecasting.
5) How does Swipe integrate with other systems to manage project spend?
Swipe is equipped with best-in-class integrations that allow users to control spend before it occurs, ensuring financial efficiency.