Tracflo is a B2B SaaS online platform that allows contractors to track, input, and manage change orders in one simple place, saving time and money.
TracFlo reduces the financial liability on the construction sites by reducing the number of outstanding Change orders. Their digital approval platform reduces the capital lost because of poor documentation by 10%, speeds up approval time and payment by 45 days, and saves project staff 10hrs weekly usually spent in email and excel.
By capturing the change order workflow approval process, They gain an understanding of how project costs are changing. They use their proprietary dataset of project material and labor costs to build cost prediction machine learning tools. These tools help to identify leading indicators for when a project or company may need more access to capital because of unexpected capital needs triggered by change orders
Founded and operated by Anjaneya Naik, E 2019