Briq News

Introducing: Spend Management

Learn more about Briq's Spend Management product and how it will revolutionize the way your construction company does its finances.

Too busy
to read the article?

We’ll forward it to your inbox.

The world of construction finances is clunky. Most of it lives in creased receipts, spreadsheets, and email inboxes that are poorly organized.

It’s not just time for a change, it’s time for a revolution. 

Spend Management is the antidote to the chaos. With familiarity, efficiency and ease all bundled together into one product, we’re confident that Spend Management will revolutionize the way your company does finances.

Accounts payable

Accounts payable is the essence of project finance, and we’re here to make it simple.

Spend Management has a dedicated toolbox that allows you to automate the financial processes you want. With Briq, you can:

  • Pull data from the systems you already use. 
  • Extract information from POs and invoices.
  • Report spending in real-time across departments and individuals.
  • Create bills from invoices.
  • Sync all of it to the company’s general ledger. 

With Spend Management, the possibilities are endless, and the automation seamless. However, there’s more to Spend Management than just optimizing your existing processes.

Corporate cards

Tracking who used what card when and for what expense is a time-consuming process. Through our corporate card function, you’ll be able to:

  • Sync and distribute expense cards from the Briq Platform.
  • Set spending limits, time limits, and more, giving you control over how the cards are used.
  • Upload receipts to the budget in real-time.
  • Instantly connect specific transactions to the corresponding allocation.
  • Split individual items on a receipt to separate allocations.
  • Create a full, transparent audit trail synced to the general ledger.

Using corporate cards with Briq allows you to do away with receipt chasing, awkward talks about spending, and the long game of reconciling and auditing, with just a few clicks.

Interested in seeing more? Get a demo from our experts.

Automation and integration

Each company has its own financial processes. Spend Management embraces this, empowering your existing systems by integrating them with technology by allowing you to:

  • Automate the reading and data entry of key documents.
  • Create bots that log in and collect information from your accounts for you.
  • Custom automate any repetitive digital tasks.
  • Use a workflow to assign tasks to the right employees.
  • Allow for data input within the Briq platform.
  • Consolidate all of your information into the formats you know and love.

With Briq, finances are made painless. With a seamless workflow, integrated data flow, and automated data entry, your team will be working smarter and feeling better the whole way. 

Spend management and the future of construction

Spend management was built to address the concerns and demands of the best financial professionals in the industry. Every other product that comes pre-packaged will always be missing something because every company will always have a system unique to them. The construction industry is fed up with software that demands compromise and leaves your team lacking those key features that make accounting work for them. 

Contact us today and schedule a demo to see just how Briq can revolutionize your finances and integrate your worlds.