AI Use in Construction Finance: Foundation First, Framing Second
You wouldn’t pour a foundation without checking the soil first. That’s exactly what’s happening with AI in construction finance.
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Encore Electric struggled with time-consuming Excel-based budgeting, broken formulas, and delayed approvals, consuming nearly 2,000 hours each cycle. By implementing Prophix, the finance team automated budgeting, standardized templates, and improved data confidence—empowering managers with real-time insights and promoting collaboration.
Key results include:
See how Encore Electric transformed budgeting into a faster, more accurate, and collaborative process—read the full story.
Lighting the way to a better budget at Encore Electric
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You wouldn’t pour a foundation without checking the soil first. That’s exactly what’s happening with AI in construction finance.
View On-Demand WebinarWith 91% of finance AI pilots delivering low or moderate impact, the real challenge isn't speed to prototype; it's governance, security, and long-term total cost of ownership. This guide provides a framework for evaluating the build vs. buy decision based on where your organization actually stands today.
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Gain insights from the 2026 Wisdom of Crowds® Enterprise Performance Management Market Study by Dresner Advisory Services. Now in its 12th annual edition and based on direct feedback from EPM users and buyers, this independent, data-driven report benchmarks where the market stands today and where it's heading. Whether you're evaluating EPM solutions or shaping your organization's planning strategy, it provides the industry perspective and peer comparisons to support confident, informed decisions.
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