ControlQore, a new expense management platform, has formally launched for the construction industry to help address financial complexities.

The platform is designed to tackle challenges such as project-specific financials, job costing, transaction documentation, and draw management.

A self-onboarding feature and ProCore integration have also been introduced, improving the platform’s accessibility and efficiency.

The initial platform release offers enterprise-grade solutions, including expense management, corporate card management, and granular permission controls customised for the construction sector.

ControlQore revenue president Caleb Smith said: “ControlQore is not just another financial software; it’s a solution born out of necessity, tailored to meet the intricate demands of the construction industry.

“We built this platform to empower construction businesses with tools for better financial control, transparency, and operational efficiency.”

The platform’s transaction approval workflows are designed to keep project managers updated on all transactions related to their projects.

Furthermore, ControlQore’s expense reporting tools have the capability to allocate purchases across multiple projects, ensuring accurate financial tracking.

The application dashboard, along with intuitive transaction coding, is claimed to have made expense reporting more straightforward for users.

ControlQore CEO Bryant Solomon said: “ControlQore's introduction is a pivotal moment for construction finance management. Our card and expense management feature is just the beginning.

“We're committed to continuous innovation, ensuring our clients have the most advanced tools at their disposal. Introducing self-onboarding and integrating with Procore furthers our appeal to both small and large firms.”

Additionally, ControlQore has selected Microsoft as its cloud solution provider to ensure the correct product delivery to the market.