Core Features Summary
Core Features Summary
14Build offers a comprehensive suite of tools to streamline construction project management, bidding, financial operations, and on-site activities. Below is an overview of the platform’s core features, organized by functionality and user benefit.
1. Project Management
Manage all project-related activities in one place with tools to plan, monitor, and execute tasks.
Key Features:
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Project Creation:
- Create projects with detailed descriptions, budgets, timelines, and assigned teams.
- Generate unique project IDs and manage project lifecycle.
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Project Lifecycle Management:
- Track projects through key phases: Draft, Planning, In Progress, Completed, and On Hold.
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Role-Based Access:
- Assign roles and permissions for team members to ensure secure access.
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Project Documentation:
- Upload and manage project attachments, photos, and documents.
Benefit: Streamlined project workflows reduce delays and improve clarity for all stakeholders.
2. Schedule of Quantity (SOQ)
SOQ is the backbone of accurate cost estimation and project planning.
Key Features:
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Dynamic SOQ Creation:
- Add materials, labor, quantities, unit rates, and costs to manage project budgets.
- Organize items into categories and jobs for better structure.
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AI-Powered Job Creation:
- Use AI assistance to generate job descriptions and estimates automatically.
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Material and Labor Management:
- Track materials with attachments, product links, and cost calculations.
- Manage labor requirements with staff counts, hours, and hourly rates.
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Cost Summaries:
- Get automatic cost breakdowns for materials, labor, and total project estimates.
Benefit: Accurate, real-time cost estimation ensures better financial control over projects.
3. Tender and Bidding Management
Simplify the tendering process with tools for managing RFPs, bids, and awards.
Key Features:
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Request for Proposal (RFP):
- Create detailed RFPs tied to project SOQs.
- Define scope, deadlines, and required deliverables.
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Request to Supply (RTS):
- Allow contractors to submit bids with quantities, cost breakdowns, and timelines.
- Attach supporting documents like timelines, certifications, and cost breakdowns.
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Bid Evaluation:
- Compare bids side-by-side and evaluate costs, deliverables, and timelines.
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Awarding Bids:
- Select the winning bid and manage the award process.
Benefit: A structured tendering process ensures fair competition and project success.
4. Financial Management
Comprehensive financial tools for managing invoices, escrow agreements, and transactions.
Key Features:
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Invoice Management:
- Create, track, and manage invoices with status monitoring.
- Support for partial payments and payment tracking.
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Escrow Agreements:
- Create escrow agreements for secure payment management.
- Track escrow status and release conditions.
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Demand and Supply Management:
- Create demand requests and supply offers.
- Track financial transactions and agreements.
Benefit: Integrated financial management ensures transparency and proper payment tracking.
5. User Management and Verification
Manage your teams, contractors, and external collaborators efficiently.
Key Features:
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Role-Based User Management:
- Create and manage users with specific roles and permissions.
- Bulk user operations and filtering capabilities.
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KYC/KYB Verification:
- Individual KYC verification with document upload.
- Business KYB verification with company registration details.
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User Filtering and Search:
- Advanced filtering by role, status, and entity type.
- Search functionality for quick user identification.
Benefit: Secure user verification and efficient team management.
6. On-Site Management
Coming Soon - Real-time tracking and management of on-site activities and resources.
Benefit: Real-time visibility into on-site operations will improve safety and efficiency.
7. Reporting and Analytics
Comprehensive reporting and analytics for project insights.
Key Features:
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Project Analytics:
- Track project progress, costs, and timelines.
- Generate reports on project performance.
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Financial Reports:
- Monitor invoicing, payments, and financial health.
- Track outstanding amounts and payment status.
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Operational Insights:
- Analyze project activities and resource utilization.
- Monitor project performance and compliance metrics.
Benefit: Data-driven insights enable better decision-making and project optimization.
8. AI-Powered Features
Leverage artificial intelligence to enhance productivity and accuracy.
Key Features:
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AI Job Creation:
- Generate job descriptions and estimates using AI.
- Automate routine SOQ creation tasks.
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Smart Cost Estimation:
- AI-assisted cost calculations and rate suggestions.
- Automated quantity and material recommendations.
Benefit: AI assistance reduces manual work and improves estimation accuracy.
Platform Benefits
By using 14Build, construction professionals can:
- Streamline Workflows: All project activities in one integrated platform.
- Improve Accuracy: AI-assisted estimations and real-time cost tracking.
- Enhance Collaboration: Role-based access and real-time updates.
- Ensure Compliance: Built-in safety and verification processes.
- Optimize Resources: Efficient project planning and resource management.
- Increase Transparency: Comprehensive reporting and status tracking.
Getting Started
To begin using 14Build:
- Create an Account: Sign up and complete KYC/KYB verification.
- Set Up Your First Project: Create a project with basic details and timeline.
- Build Your SOQ: Add materials, labor, and cost estimates.
- Launch Tenders: Create RFPs and invite contractors to bid.
- Monitor Project Progress: Track project milestones and deliverables.
- Monitor Finances: Create invoices and track payments.
14Build provides a complete solution for modern construction management, enabling teams to work more efficiently and deliver projects successfully.