COEX is a platform that enhances construction project management by integrating dashboards for real-time project oversight, claims management, and collaborative bill of quantity preparation. It addresses issues of visibility and communication delays, enabling companies to optimize capital allocation and improve profit margins.
Funding
$110K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Construction projects often suffer from a lack of real-time visibility, leading to communication delays, cost overruns, and reduced profit margins. Managing claims and preparing bills of quantity (BOQ) typically involves disparate systems and manual processes, hindering collaboration and efficient capital allocation.
Solution
COEX is a construction project management platform that provides integrated dashboards for real-time project oversight, claims management, and collaborative BOQ preparation. The platform enhances visibility across multiple projects, enabling users to link claims with BOQ comparisons and break down margins for informed decision-making. COEX facilitates internal and external collaboration on claims management, streamlining approvals and communications between uplines and downlines. By allowing multiple departments to work together on material and service cost preparation, COEX links BOQs directly to claims submissions, improving accuracy and efficiency.
Target Audience
COEX targets construction companies and project management teams seeking to improve project visibility, streamline claims processes, and enhance collaboration in BOQ preparation.
Features
- Real-time dashboards providing an overview of multiple projects and key performance indicators.
- Claims management module facilitating internal and external collaboration and communication.
- Bill of Quantity (BOQ) preparation tool enabling multiple departments to work together on cost estimation.
- Linkage of claims with BOQ comparisons for improved cost control.
- Margin breakdown functionality to support informed decision-making and expense planning.