Honest Buildings (now part of Autodesk Construction Cloud)

## Overview Honest Buildings, now integrated into Autodesk Construction Cloud, provides a project controls and cost management platform designed for owners and developers. The platform centralizes financial data and workflows for capital projects, aiming to improve visibility and control over project budgets and expenditures. It supports the entire project lifecycle, from procurement and contract management to payment processing and financial reporting. ## Key Features * **Cost Management:** Centralized system for tracking and managing project costs, including budget creation, forecasting, and variance analysis. It integrates with existing accounting systems to streamline financial data flow. * **Procurement & Bidding:** Tools for managing the bidding process, including bid package creation, vendor communication, and bid analysis. This feature aims to standardize procurement workflows and improve transparency. * **Contract Management:** Functionality to create, track, and manage contracts with vendors and contractors. It supports change order management and ensures compliance with contractual terms. * **Invoice & Payment Processing:** Streamlined workflow for reviewing, approving, and processing invoices. The platform facilitates lien waiver management and integrates with payment systems to expedite disbursements. * **Reporting & Analytics:** Dashboards and customizable reports offer insights into project financial performance, cash flow, and budget adherence. This supports data-driven decision-making for project stakeholders. * **Document Management:** Centralized repository for project documents, including contracts, invoices, and change orders, ensuring all relevant information is accessible and auditable. ## Who It's For Honest Buildings is primarily designed for real estate owners, developers, and capital project teams managing portfolios of construction projects. It is suitable for organizations seeking to standardize financial processes, gain better control over project costs, and improve collaboration among internal teams and external partners. The platform's integration with Autodesk Construction Cloud positions it for users already within the Autodesk ecosystem or those looking for a comprehensive construction management solution. ## Notable Strengths The platform's strength lies in its focus on the owner's perspective for financial control in construction. Its integration with Autodesk Construction Cloud provides a more unified environment for project data, from design and planning through execution and financial closeout. The emphasis on standardized workflows for procurement, contract, and payment management helps mitigate financial risks and improve operational efficiency across multiple projects.