Overview
Briq is a specialized financial automation and predictive analytics platform engineered specifically for the construction industry. By 2026, Briq has solidified its position as the leading 'Financial Operating System' that bridges the gap between project management (Procore, Autodesk) and accounting (Sage, Viewpoint, NetSuite). Its technical architecture centers on a proprietary construction-specific data lake that aggregates fragmented data from field reports, payroll, and AP/AR. Utilizing advanced machine learning models, Briq automates the Work-in-Progress (WIP) reporting process, which historically required hundreds of manual hours. The platform's predictive engine analyzes historical project performance to forecast 'profit fade' before it occurs, allowing CFOs to intervene early. By 2026, Briq's AI agents (Briq Bots) autonomously handle repetitive tasks like data entry between non-integrated legacy systems, reconciliation of purchase orders, and complex labor allocations across multiple cost codes. This vertical AI approach ensures that construction firms can maintain thin margins while scaling operationally without a linear increase in overhead costs.