Build · Financials

Money, reconciled with reality.

Budgets, forecasts, change orders and claims sit against the work the site actually shows. When a line is billed, the frame that proves it is one click away — and when it cannot be proved, it is held before it becomes a dispute.

PAY APP 14 · CLAIMED $1.24M · VERIFIED $1.19M

Sheet · financials

Value managed: $1.3T
Cost lines: 1,842
Billing cycle: MONTHLY
Lines cleared: 96%
Retention held: 5%
ERP connectors: 340+

FIN · TOWER 12 · PERIOD MAR 2026

LEDGER · 1,842 LINES · 340+ ERP LINKS

What finance runs on

The whole cost record, on the same ground truth.

Six modules against one set of facts. The quantity that closes a daily log is the quantity that bills, so the field and the ledger never disagree about what got built.

BUDGET · 1,842 LINES · FTC LIVE

Budget & forecasting

Original budget, approved changes, committed cost and forecast to complete on one line. Move a quantity in the field and the forecast moves the same night — no month-end surprise, no parallel spreadsheet.

PCO · 62 OPEN · EXEC 3.8D

Change orders

Potential change order through to executed, carrying the RFI, drawing revision or delay that caused it. Scope that is already priced somewhere else is flagged before it is priced twice.

CLAIM · SOV 5 LINES · RETENTION 5%

Progress claims & invoicing

Build the claim from installed quantities instead of from memory. Schedule of values, retention and stored materials come through in the format the owner already accepts, and the invoice goes out the same day.

PAY APP 14 · CLEARED 96% · HELD $50,000

Pay-app verification against capture

Every claimed line is checked against what the drones and the walks actually saw that period. Work that is provably there clears; the rest is held with the frame that shows why.

CASH · 90D VIEW · EXPOSURE $214M

Cash-flow projection

Cost AI projects cash in and out across the portfolio from committed cost, claim cycles and how each owner has actually paid — a head of the same brain that reads the site.

ERP · 340+ LINKS · SYNC 15MIN

ERP sync

Two-way sync with the general ledger — cost codes, commitments, invoices and payments — across 340+ integrations. Finance stops rekeying numbers that already exist.

RECONCILE · CLAIMED $1.24M · HELD $50,000

Capture-verified billing

Pay for work that's provably there.

Scroll the period and it reconciles in front of you. The claim totals up, the capture-verified figure follows it, and the gap that no frame supports is hatched out and held until it is.

Chain of custody

01Capture frame
02Installed quantity
03Schedule-of-values line
04Progress claim
05ERP payment

PAY APP 14 · BILLING PERIOD MAR 2026Meridian Build Group · Tower 12

Claimed: $1,240,000
Verified from capture: $1,190,000
Held pending evidence: $50,000

Pay application 14: $1,240,000 claimed, $1,190,000 verified against site capture, $50,000 held pending evidence.
Cost code	Description	Claimed	Verified	Variance	Status
03-3000	Cast-in-place concreteDOCK FLIGHT 12 MAR	$412,000	$412,000	$0	VERIFIED
04-2000	Unit masonryWALK L07 14 MAR	$186,400	$181,900	−$4,500	HELD
05-1200	Structural steelDOCK FLIGHT 12 MAR	$358,200	$358,200	$0	VERIFIED
09-2900	Gypsum board assembliesWALK L11–L12 15 MAR	$164,800	$132,400	−$32,400	HELD
23-0500	HVAC rough-inWALK L09 15 MAR	$118,600	$105,500	−$13,100	HELD
Pay app 14 total		$1,240,000	$1,190,000	−$50,000	96% CLEARED

RECONCILE · HELD $50,000 · 5 LINESEvery held line opens the frame that failed to show the work.

A held line is not an accusation — it is a question with the evidence already attached. The subcontractor opens the same frame the reviewer opened, sees the two floors that were claimed and the one that was hung, and re-submits against next period. Meridian settled $18M of contested claims from that record instead of from a conference room.

Owners get the same view without the site visit: what was claimed, what was verified, what is held, and the capture date behind each figure.

PORTFOLIO · $1.3T · VARIANCE 11%

Measured

What proof is worth.

Figures from across the platform's portfolio, in the units finance already reports in.

$1.3T

Construction value managed on the platform

11%

Average budget variance improvement

96%

Pay-app lines cleared on capture evidence

3.8D

Median change order, potential to executed

NORTHGATE · 60 JOBS · CITED 100%

“We stopped negotiating claims and started reconciling them. Sixty active jobs, one number for capital exposure, and every line traceable to the frame that proves it.”

P. Ashworth

VP capital projects, Northgate Development

NORTHGATE · 60 JOBS · BOARD BRIEF WEEKLY

Active jobs on one exposure number

$214M

Capital exposure reported to the board each week