Get ahead of cost overruns
Rabbet Development builds your anticipated cost report automatically from real-time project data, combining the budget, commitments, executed and potential change orders, and known exposures into the full expected cost at completion.
Cost to complete and estimate at completion stay current for every budget line, so variance trends surface while there's still room to adjust.
Plan funding before you need it
Rabbet Development forecasts cash flow and capital needs from up-to-date cost data, using S-curve, linear, or manual projections that re-forecast as actuals come in.
Projections roll up into a forward-looking capital forecast across your portfolio, so leadership knows when capital is needed before funding decisions have to be made.
Know what’s committed before the invoice arrives
When you're running multiple active developments, the risks you don't see are the ones that hurt you. Rabbet Development surfaces portfolio-wide cost-to-complete, funding status, draw timelines, and cash requirements in a single view so leadership sees exposure across every project before it escalates.
Drill into any project for line-item detail, or export a board-ready report in minutes.
Act while there's still time
Rabbet Development alerts the right people when a project crosses the budget and risk conditions your team sets.
Variances reach your team as they happen, not weeks later in a monthly report, so decisions get made before an issue reaches a draw request or an investor update.
Eliminate manual invoice entry
Every vendor document flows into one central inbox, where Rabbet Development's AI document router reads each invoice, codes it to the right budget line, and routes it for approval.
Pay applications are classified the same way, your team stays in the loop to approve, and approved invoices sync with the AP system you already use.
Know what's left to draw
Rabbet Development tracks each source in your capital stack against project uses, including complex stacks with multiple debt and equity sources.
See how debt and equity are allocated across the budget and what remains available from each source, so funding decisions start from current numbers.
Build complete draw requests in minutes
Rabbet Development builds every draw package from up-to-date project data, bringing together approved invoices, pay applications (AIA G702/G703), lien waivers, and budget updates in the format your lender requires.
Missing documents and overdrawn lines are flagged before you export and send, so each request goes out complete and easy for your lender to approve the first time. Developers using Rabbet Development see 6 days faster funding (State of Construction Finance 2025).
Keep every payment protected
Rabbet Development collects conditional and unconditional lien waivers from GCs and subs and matches them automatically to the invoices and draws they cover.
Missing waivers are flagged before a draw goes out, so contractors stay paid and the project stays protected.
See the big picture across your portfolio
Rabbet Development rolls up real-time project data into portfolio reporting and a forward-looking capital forecast, surfacing cost to complete, cash requirements, and project health across every active development.
Drill into any project for line-item detail, or export a board-ready or investor-ready report in minutes.
Align project milestones with your cash flow
Rabbet Development tracks tasks, dependencies, and key dates across every phase, from site selection and feasibility through stabilization and exit, and ties them to your budget and draw activity.
Your team knows what's due, what's at risk, and what's next, alongside the spending behind it.
 With Excel |  With Rabbet Development |
|---|---|
Hardcoded cells and deleted formulas break the budget | Budget adjustments are logged with notes and history, with no formulas to break |
Reconcile each month's beginning balance to last month's ending balance by hand | Budget balances carry forward automatically from one draw to the next |
Track estimated cost at completion in a separate pivot table | The anticipated cost report is built from contracts, commitments, and change orders, so cost to complete stays current |
Find untracked contracts at closeout | Contracts and change orders link to the budget and invoices, so committed costs show up from the day they're signed |
Reallocate funds by updating every affected spreadsheet | Move funds with context, and forecasts and cash flow projections update automatically |
Circulate invoice folders for approval | AI reads, codes, and routes every invoice for approval, with your team in the loop |
Search the accounting system to match invoices to each draw line | Every draw line links to its invoices, and the draw package builds itself as documents are approved |
