Unified Data, Effortless Efficiency: The Smart Alternative
Rabbet was founded with one mission: modernizing construction finance for everyone. Our platform gives real estate developers and lenders a unified, reliable platform to simplify construction finances. Explore the comparison below to see whether Rabbet or Built is the right fit for you.
Rabbet was founded with a mission to modernize construction finance by streamlining loan administration processes for lenders, developers, and real estate finance teams. The Rabbet platform gives real estate developers and lenders a reliable, unified system to manage construction loans.
Built is a fintech company designed to manage the construction loan process. They use a cloud-based system to connect financial data.
Functionality Overview
Features Comparison
Rabbet
Built
Budget Planning
Basic
Basic
Budget Cost Categories
Unlimited
Unknown
Budget Templates
Unlimited
Unknown
Homebuilder Tracking
Limited
Basic
Budget Allocation Management
Extensive
Extensive
Budget History
Robust
Funding Source Management
Extensive
Pro Forma Management
Not Applicable
Email Document Import
Basic
Project Document Management
Basic
Limited
Financial Document Management
Extensive
Limited
Automated Workflow Approvals / Governance
Extensive
Basic
Real-Time Job Costing
Basic
Unknown
Job Cost Summary and Detail Reports
Basic
Unknown
Pipeline Management
Basic
Basic
Real-time Reporting
Extensive
Project Scheduling (Critical Dates and Milestones)
Basic
Basic
Project Risk Alerts
Robust
Lien Waiver Management
Basic
Payment Management
Third-Party
Basic
Inspection Management
Basic
Third-Party Portal
Basic
Extensive
Quality and Safety Management
Not Applicable
Extensive
Bid Management
Not Applicable
Not Applicable
Contract Management
Extensive
Contract / Exposure Tracking
Extensive
Unknown
Anticipated Cost Forecasting
Extensive
Unknown
Vendor Management
Basic
Draw Management
Robust
Limited
Data Management
Easy Import / Export
Basic
Communication / Collaboration
Robust
Basic
Task Management
Basic
Basic
Integrations
Rabbet
Built
Yardi Invoice
Basic
Not Applicable
Sage
Not Currently
Basic
Quickbooks
Basic
Basic
AvidXChange
Basic
Not Applicable
MRI
Basic
Not Applicable
Nexus
Basic
Not Applicable
Bill.com
Basic
Not Applicable
Proprietary Systems
Extensive
Available
Ease of Use
Rabbet
Built
User Interface
Modern
Modern
Navigation
Intuitive
Basic
Learning Curve
Easy
Basic
Customization
Robust
Basic
Access Control
Robust
Basic
Mobile Accessibility
Limited
Mobile Application
Reliability
Rabbet
Built
Performance
Security
SOC-2 Certified
SOC-2 Certified
Customer Support
Rabbet
Built
Phone Support
Limited
Basic
Email / Help Desk
Industry Experts
Basic
Live Chat
Industry Experts
Basic
Online Knowledge Base
Extensive
Basic
Webinars and Training
Basic
Basic
Customer Satisfaction (CSAT)
94%
No Information Available
Average Response Time
7 Minutes
No Information Available
Onboarding
Designated Rabbet Support
No Information Available
Data Migration
Performed by Rabbet (optional)
Internal Team Member
Product Development
Collaborative with customers
No Information Available
Company Overview
Company Overview
Rabbet
Built
Founded
2017
2014
Corporation
Private
Private
Mission
To streamline construction finance by connecting people, data and systems.
To improve the way the world is built by streamlining the construction finance process.
Industry Leadership
Annual Industry Reports: Payments, Construction Finance
The Framework
Primary Customers
Lenders, Developers, Service Providers, Owners, Capital Providers
Subcontractors, General Contractors, Asset Managers, Owners, and Capital Providers
Use Cases
Rabbet enables accounting teams to have total control over their processes by integrating with accounting software. Rabbet integrates with popular accounting and accounts payable software like Yardi, MRI, and QuickBooks.
Built often ties into the existing accounting system for General Contractors and the Loan Operating Systems / Core Systems of Capital Providers. They appear to have limited integrations for development teams. Rabbet enables accounting teams to keep development and loan administration teams out of the accounting /core software and seamlessly integrate into the existing systems. This results in less work for the accounting team.
The Rabbet platform integrates with several AP and accounting systems, including Yardi. Rabbet seamlessly connects with accounting software while restricting the development team’s access to accounting systems.
Built was primarily designed for construction teams, not real estate developers and capital partners. Users might struggle to integrate with all the systems they need.
Yardi provides an integrated solution for Accounting teams familiar with the Yardi Suite of products. Rabbet enables accounting teams to keep development out of the accounting software and seamlessly integrate into the Yardi system. This results in less work for the accounting team.
Yardi provides an integrated solution for Accounting teams familiar with the Yardi Suite of products. Rabbet enables accounting teams to keep development out of the accounting software and seamlessly integrate into the Yardi system. This results in less work for the accounting team.
Yardi provides an integrated solution for Accounting teams familiar with the Yardi Suite of products. Rabbet enables accounting teams to keep development out of the accounting software and seamlessly integrate into the Yardi system. This results in less work for the accounting team.
Yardi provides an integrated solution for Accounting teams familiar with the Yardi Suite of products. Rabbet enables accounting teams to keep development out of the accounting software and seamlessly integrate into the Yardi system. This results in less work for the accounting team.
Performance
Rabbet
Built
Security
SOC-2 Certified
SOC-2 Certified
SOC-2 Certified
Real estate developers trust Rabbet to support projects from $500,000 to over $500 million
FAQ's
Does Rabbet require borrowers or inspectors to use their portals?
No. While some firms require external stakeholders, Rabbet does not require that they use our system. You are welcome to “bring your own inspector” (BYOI) at no additional cost or difficulty.
Additional Resources
Get in touch
Our team would love to hear from you.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Centralize project finances to save time, improve project outcomes, and boost your reputation with capital partners.
let’s talk
