Real Estate Development Management Software
Leverage Your Real Estate Data for More Successful Projects
Make confident decisions and drive project success with Rabbet’s real estate data management platform.
Real Estate Developers Benefit from the Rabbet Platform
Unified Data Management
No more searching for files, asking others to provide spreadsheets, or wrangling paper invoices at month’s end—all the data you need to manage projects all in one central location.
Proactive Risk Management
Unified real-time data offers instant visibility into financial project status and alerts for potential risks—reliably know at-a-glance the budget status, remaining contingency reserves, retainage, and more.
Integrate with Other Systems
Make manual reconciliation a thing of the past. With Rabbet’s suite of integrations with industry-leading AP and accounting software, you can seamlessly manage project finances.
Advanced Functionality for Sophisticated Projects
Multiple funding sources? Hundreds of budget line items? Complicated contracts?
Rabbet has you covered!
“The system is so intuitive and easy-to-use. The document reading technology saves you time. The reporting structure is really simple. For us, the efficiency was huge. I wish I would have had it sooner.“
How Real Estate Development Teams Use Rabbet
Uncomplicate your construction project management with Rabbet’s easy-to-use platform
Document and Data Management
Unify project data in one accessible location
Rabbet’s Document Management capabilities allow you to easily:
- Upload all contracts, change orders, invoices, lien waivers, and pay apps
- Compare invoices to contract agreements and budget line items
- Route requested documents to the accounting department for financial processing without manual reconciliation headaches
Budget and Costs Tracking
Gain visibility to the real-time status of your project finances
Rabbet’s Budget and Contract Management capabilities allow you to easily:
- View all project-associated invoices, pay apps, lien waivers, and change orders
- Update costs, adjust line items, and reallocate budget in real-time
- Track and manage multiple funding sources and contingencies
- Monitor exposures, costs-to-agreements, and anticipated costs-versus-actuals
- Forecast anticipated costs
Draw Processing
Eliminate inefficiencies and accelerate project funding and payments
Rabbet’s Draw Processing capabilities allow you to easily:
- Organize and match invoices, pay apps, receipts, and supporting documentation to budget line items
- Automated review and alerts for errors, missing info, duplicates, or discrepancies
- Generate professional draw package PDFs with cover sheets and supporting documentation for submission to lenders or capital partners
- Reconcile draws to the general ledger—eliminating manual reconciliation headaches
Reporting and Forecasting
Generate reports to more effectively manage risks and financial performance
Rabbet’s Cash Flow Management and Benchmarking and Insights capabilities provide:
- Project and portfolio status in real-time
- Cost insights to inform future project cost estimates
- Forecast costs and capital needs; comparisons of forecast-costs-to-actuals
- Project timeline and task progress tracking
Increase Your Operational Efficiency Without Sacrificing Security
Rabbet Connect—Securely Integrate With Your Existing Operational Systems
Link your team’s accounting and accounts payables systems to Rabbet, providing a more efficient way for development teams to effectively collaborate with the accounting department and reduce the risks posed by manual duplicative data-entry.
Our out-of-the-box integrations include industry-leading systems:
- QuickBooks Online
- Bill.com
- MRI Real Estate Accounting Software
- Nexus Payables by Bottomline
- Yardi Voyager
- AvidXchange
Deploy Without the Drama: No IT Resources Required
Overworked IT team? No IT resources?
No worries, implementing Rabbet is painless because we do the account set-up and configuration for you! We even help set up your project templates to ensure that you can feel confident using Rabbet right out of the gate.
Strong System Security and Compliance
Rabbet is SOC-2 compliant and upholds the highest standards of regulatory compliance. We never monetize your data, ensuring that you maintain control of your competitive advantage. We leverage state-of-the-art infrastructure that promise robust uptime and recovery guarantees, ensuring that our users never miss a beat.
Frequently Asked Questions
We already have a project management and/or an accounting system. Why is Rabbet different?
Rabbet is purpose-built for managing construction finances and compliments your existing project management and accounting tools. That’s why Rabbet seamlessly connects to your current systems, tools, and processes. We currently have integrations/connections with AvidXchange, Nexus, and Yardi. Because Rabbet automatically parses information from documents, you can get all the benefits of automatic reconciliation, instant compliance, and easy approvals without duplicating your work in these other systems.
Does my lender have to use Rabbet too?
In short, no. Rabbet is the only construction finance platform that offers a standalone experience for real estate developers. The platform makes it easier for developers to meet lender requirements with less effort. However, we encourage you to ask your lender about Rabbet so they can review your requests faster.
How do I start using Rabbet?
With just one chat! Submit a request for a meeting with a member of the Rabbet team. We will learn what your specific business goals are help you understand where and how Rabbet can bring value to your team and your current processes. Our goal is not to tell you how to do your job. Our goal is to help you and your team work more efficiently. Once you and your team are onboarded into Rabbet, we certainly don’t leave you hanging here. Our Customer Success team is a group of REAL PEOPLE who will be your point of contact as you learn and use Rabbet. We also have an in-app chat function where you can chat directly with our support team in real time.
Can I use Rabbet if I am halfway through my project?
Yes! You never need to utter the words, “I wish I found this sooner.” The platform works seamlessly with inflight loans. Loading historical draws is not required, but we do recommend it to improve your portfolio reporting experience. It’s easy to onboard project history yourself, or our team can get you set up.
Why did you build Rabbet?
Contractors finance more than 54 days of accounts receivables on average — the longest of any industry. Developers have the burden of acting as the middle man between lenders and contractors and spend an outsized amount of time on this responsibility without seeing much value. It’s the process, not the people, that leads to slow payments, and Rabbet is on a mission to support the connected construction economy in achieving frictionless finance.
