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Financial Planning and Accounting Software

Managing project finances is rarely straightforward, RA bills stacking up, IPCs awaiting verification, BOQs buried in spreadsheets, lease reconciliations pending review, and invoices arriving faster than teams can process them. Scry AI's financial planning and accounting solution for construction and real estate, built on Collatio®, takes on this burden directly by automating document extraction, validation, and reconciliation across the entire contractor, vendor, and property management ecosystem.

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The Financial Chaos Hiding Inside Every Project

Real estate developers and construction companies don't just build structures; they navigate a relentless tide of financial paperwork. Running Account bills, Interim Payment Certificates, Bills of Quantities, Measurement Books, contracts, purchase orders, goods receipt notes, invoices, and ledgers flow in from dozens of sources. Some arrive as scanned PDFs. Others as email attachments. A few as handwritten site records that someone photographed on a phone.

Coordinating these inputs while validating BOQ adherence, checking contract rates, reconciling quantities, and applying correct deductions for retention, escalation, GST, TDS, and liquidated damages is where real estate accounting becomes a bottleneck. At scale, manual verification doesn't just slow payment cycles; it introduces errors that compound across projects, erode margins, and obscure the financial picture that leadership needs to make decisions.

How Construction Finance Still Gets Processed Today

Despite digitalization efforts elsewhere, most accounting for real estate projects still runs through manual workflows that strain teams and introduce friction at every step.

1
Line, by, line bill verification
Teams manually verify RA bills, IPCs, and vendor invoices against contracts and BOQs, a process that consumes hours and invites human error.
2
Unstructured document handling
Scanned invoices, handwritten measurement books, and site reports arrive in formats that resist standardization and require manual data entry.
3
Rate and quantity cross, checking
Quantities and rates are validated manually against BOQs, contracts, and variation orders, often across multiple spreadsheets.
4
Deduction validation
Retention amounts, escalation clauses, GST, TDS, and LD deductions are calculated and verified by hand, creating compliance risk.
5
Multi document reconciliation
IPCs, purchase orders, goods receipt notes, invoices, and ledgers are reconciled line by line, across systems that don't talk to each other.
6
Approval bottlenecks
Project managers, quantity surveyors, and finance teams pass documents through sequential approvals, with manual follow-ups for every discrepancy.

Scry AI's Financial Planning and Accounting Reconciliation Solution

Built on Collatio®, Scry AI's solution transforms how real estate and construction teams handle financial workflows. It digitizes, validates, and reconciles documents across your contractor and vendor ecosystem, replacing manual verification with AI, driven accuracy and speed.

  • Intelligent document digitization

    Extracts data from RA bills, IPCs, BOQs, measurement books, contracts, and invoices regardless of format, scanned, digital, or handwritten.

  • BOQ and contract validation

    Validates extracted data against bills of quantities, contracts, variation orders, and ERP records automatically.

  • Automated multi document reconciliation

    Reconciles IPCs, invoices, purchase orders, goods receipt notes, and ledgers at the line level without manual matching.

  • Table reconstruction and formula verification

    Rebuilds complex tables and validates calculations for quantities, rates, retention, advances, and taxes.

  • Discrepancy detection

    Flags overbilling, quantity mismatches, duplicate entries, missing fields, and calculation errors before they become payment problems.

  • End, to, end workflow automation

    Streamlines document ingestion, validation, approval routing, and reconciliation reporting in one connected flow.

  • Full traceability and audit trails

    Maps every data point to its source document for compliance, audit readiness, and dispute resolution.

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Take Control of Construction Finance with Our Next Gen Solution

Stop chasing documents. Start closing payment cycles faster with AI powered reconciliation built for real estate complexity.

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FAQs

1. What types of documents can this solution process?

The solution handles RA bills, Interim Payment Certificates, Bills of Quantities, Measurement Books, contracts, purchase orders, goods receipt notes, invoices, and ledgers, whether they arrive as scanned PDFs, digital files, spreadsheets, or even handwritten site records.

Scry AI automates document extraction, validates data against BOQs and contracts, reconciles across multiple documents at the line level, and flags discrepancies, eliminating manual cross, checking and accelerating payment cycles.

Yes. The solution validates extracted data against ERP records and can deliver reconciled outputs back into your existing systems for seamless workflow continuity.

The platform automatically identifies overbilling, quantity mismatches, duplicate invoices, missing fields, and calculation errors by comparing extracted data against contracts, BOQs, and historical records.

While purpose, built for real estate and construction, the solution also supports utilities, manufacturing, telecom, BFSI, and government organisations managing high, volume financial documents, complex reconciliations, and compliance validation.