Swipe vs Timely

Swipe is revolutionizing the construction industry with its AI-powered spend platform designed to optimize financial operations for construction projects. The platform excels in delivering efficiency by combining project management tools with robust expense tracking capabilities. Swipe empowers users with the ability to handle supplier payments, manage vendors, automate accounting processes, and offers a suite of other valuable features.

Contractors using Swipe can look forward to significant savings, as the platform promises an average of 10% cost reduction on each project. Additionally, the hassle of manual expense reporting is eliminated through the introduction of automated receipt collection and mobile capture technology, translating into a time saving of 60 hours per project. Swipe's financial benefits extend further, offering 1% cash back and vendor discounts through Swipe Rewards, as well as in enticing vendors to offer substantial discounts for faster payment processing.

The platform's strength lies in its sophisticated AI-driven components such as real-time insights, automated workflows including invoice verification, expense tracking, tax compliance, fraud detection, and an AI Financial Copilot which provides analytics, forecasting, and intelligent payment scheduling accessible via text messaging. This system is designed to scale with the growth of a business, ensuring that as your company expands, Swipe's capabilities do so too.

Timely is a time-tracking tool that keeps teams in touch and provides accurate reports on employee hours, client work, and project status. With Timely, you can measure and record time spent on various activities and projects, which may help you better understand how your team is utilizing their time and where you might be able to increase efficiency. Timely may help you correctly track and report on your progress whether you're working on a client project, an internal project, or anything else.