Constrafor

Constrafor

Constrafor streamlines construction back-office tasks, automates procurement, and offers fast subcontractor payment solutions.

Constrafor Overview

Constrafor is a SaaS and fintech platform designed for the construction industry, streamlining back-office tasks for general contractors and subcontractors. It automates procurement, contract management, COI tracking, and invoice processing, while offering fast payment solutions like the Early Pay Program.

With AI-driven risk management and cloud-based tools, Constrafor enhances productivity, reduces administrative costs, and supports MWBE compliance, empowering construction businesses to focus on growth.

Key Features

  • Contract Management: Centralized contract creation, management, and e-signing for general contractors and subcontractors streamline workflows and ensure clarity and accessibility.
  • COI (Certificate of Insurance) Management: Automated collection, approval, and tracking of certificates of insurance simplify compliance and reduce manual effort.
  • Invoice and Payment Processing: Automated invoice management and streamlined payment processing enable faster subcontractor payments and improved financial tracking.
  • Early Pay Program (EPP): Invoice financing for subcontractors, with payments delivered within 48 hours of approval, improves cash flow and supports project growth.
  • Procurement Workflow Automation: Integrated and automated procurement tasks reduce administrative costs and enhance efficiency for general contractors.
  • AI Risk Assistant (CoPilot): AI-analyzed insurance documents and managed risks improve compliance and reduce project-related uncertainties.
  • MWBE Tracking and Compliance: Tracked and managed Minority and Women-Owned Business Enterprise (MWBE) participation supports diversity procurement and ensures compliance with diversity goals.
  • Cash Flow Analytics and Reporting: Insights and reports on cash flow aid subcontractors in financial planning and decision-making.
  • Customizable Platform: Collaborative customization to fit specific business needs enhances visibility and integration with existing workflows.

Price

Constrafor provides clear, tiered annual pricing based on company size (measured by Annual Contract Value, ACV):

  • Mid-size firms (ACV less than $500 million): $12,500 per year, fixed price for full platform access

  • Large-size firms ($500 million to $1 billion ACV): $22,500 per year

  • Major firms ($1 billion to $3 billion ACV): $35,500 per year

  • Industry leaders ($3 billion+ ACV): Custom pricing

These plans include:

  • Full-scale onboarding support

  • Unlimited platform access for all users and subcontractors

  • A single bundled solution at a fixed annual rate

Additional Offering: Early Pay Program (EPP)

Constrafor’s “Early Pay Program” (EPP) for subcontractors includes separate pricing structure, featuring weekly fees and monthly or annual subscription tiers:

  • Blue Tier:

    • Program rate: 0.5% weekly

    • Weekly EPP fee: 0.425%

    • Subscription: $0/month or $0/year

  • Gold Tier:

    • Weekly EPP fee: 0.425%

    • $1,750/month or $16,800/year (20% annual savings)

  • Platinum Tier:

    • Weekly EPP fee: 0.35%

    • $3,500/month or $33,600/year (20% annual savings)

Pros

Competitor

Pros of Constrafor

Procore Compared to Procore, Constrafor offers a more targeted solution for tracking Certificates of Insurance (COIs) and compliance. Users highlight its automation of COI collection, continual expiration alerts to both subcontractors and admins, and streamlined organization. Features that help reduce manual oversight and risk. Reviews emphasize that Constrafor “put COI tracking on autopilot,” allowing teams to focus more on project execution.
Contractor Foreman Against Contractor Foreman, Constrafor stands out for its compliance automation and audit readiness. Users appreciate how it centralizes COIs, supports approval workflows, and proactively notifies stakeholders of expiring coverage. Functionalities not as robust in general construction management tools like Contractor Foreman.
Deel Compared with Deel, which is a global HR/payroll platform, Constrafor excels in construction-specific risk management. It addresses the niche but crucial need for COI tracking and contractor compliance with purpose-built workflows, alerts, and documentation, whereas Deel focuses on payroll, compliance, and hiring logistics.

Cons

Competitor

Cons of Constrafor

Procore Users report that Constrafor’s interface can feel clunky and not as intuitive as Procore’s comprehensive platform. Some feedback highlights cumbersome COI lists, limited filtering or dashboard capabilities, and a lack of flexibility in setting base requirements—making navigation and enforcement less seamless than in broader project management systems.
Contractor Foreman While Contractor Foreman is praised for being user-friendly and affordable, Constrafor can feel complex to deploy—especially with subcontractors. Reviews note that its UI and messaging can cause friction during onboarding and may demand additional support or training to ensure subcontractors can easily engage with the system.
Deel Deel may be better suited for firms needing global payroll and staffing solutions, whereas Constrafor’s focus on insurance and compliance means it may not address broader HR/payroll needs. Organizations seeking an integrated HR compliance and payment system may find Constrafor too niche or limited compared to Deel.

 

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