Get accurate estimates and bid intelligence for your capital projects
AI-powered cost estimation and preconstruction built for real estate developers, property owners, and owner's reps. Protect your project budget with visibility and control.
Sound familiar?
These are the challenges owners and developers face on every capital project.
Contractors submit inflated pay apps
Front-loaded billing, phantom charges, and "creative" completion percentages are common. Without forensic review, you're overpaying.
No time to review every line item
Complex pay apps have hundreds of line items. Manual review takes hours you don't have—so issues slip through.
Overpaid on previous projects
Looking back, billing errors added up. You need a better system before the next project starts.
Can't verify contractor claims
Is that line item really 75% complete? Without site visits for every claim, you're taking the contractor's word.
How folio helps owners
AI-powered cost estimation and bid intelligence designed from the owner's perspective.
AI-Powered Analysis
Every line item analyzed automatically. Math verified. Anomalies flagged. Get results in minutes, not hours.
Front-Loading Detection
Identify when contractors bill ahead of actual progress. Catch the pattern before it becomes a problem.
Historical Comparison
Compare against previous pay apps automatically. Flag sudden jumps and stalled line items.
Actionable Recommendations
Not just flags—specific questions to ask your contractor. Know exactly what to challenge.
Built for your role
Real Estate Developers
Protect project ROI. Verify contractor billing against approved budgets and catch issues before they compound.
Owner's Representatives
Streamline pay app review. Provide clients with detailed analysis and specific recommendations—in minutes.
Capital Finance Directors
Ensure financial controls. Get visibility into invoice accuracy across your entire portfolio.
Frequently asked questions
How does folio help owners catch overbilling?
folio uses AI to analyze every line item on contractor invoices and pay applications. It compares claimed work against historical patterns, verifies math, and flags discrepancies—like front-loaded billing or unauthorized change orders—before you approve payment.
What types of invoices can folio analyze?
folio analyzes any construction billing document including invoices, pay applications (pay apps), AIA G702/G703 forms, change order requests, and time & materials invoices. Simply upload the PDF for instant AI-powered analysis.
How much overbilling do owners typically face?
Industry studies show 3-7% of construction invoices contain billing errors or overbilling. On a $100M project, that represents $3-7M in potential overpayment. folio helps catch these issues before payment is made.
Do I need technical expertise to use folio?
No. folio is designed for project owners, developers, and owner's reps—not IT specialists. Upload an invoice and receive a detailed analysis with specific flags and recommended questions for your contractor.
How long does it take to review an invoice with folio?
folio analyzes most invoices in under 2 minutes. Compare that to the hours of manual review required for complex pay apps with hundreds of line items.
Can I try folio before committing?
Yes. Our free Invoice Analyzer lets you upload any invoice for instant AI-powered analysis with no signup required. For full project implementation, join our pilot program.
What makes folio different from other construction software?
Most construction software is built for contractors. folio is built for the owner's perspective—catching overbilling before payment, not helping contractors get paid faster. Our AI-native approach analyzes content, not just manages documents.
How does folio integrate with my existing workflow?
folio works alongside your existing tools. Upload invoices directly or integrate with your document management system. Results can be exported for your records or accounting software.
Ready to get accurate estimates and visibility?
Request access for a personalized demo. See how folio helps owners and developers manage capital projects.