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Construction · head to head

Briq vs Newforma

Briq logo

Briq

Construction

Financial automation and forecasting for contractors sitting on top of construction ERP

From
On request
Rated
-
Full reviewWebsite
Newforma logo

Newforma

Construction

Project information management system for construction

From
$300/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Briq briq layers on top of an ERP rather than replacing it, so the total finance software bill goes up and the business case has to come from headcount or close-time savings that are hard to measure in advance.; Newforma pricing is by quote only, with no rate, tier or minimum published; the site offers only Book a Demo and Get Started
  • They diverge on capability: Briq covers Invoice capture and coding, Newforma covers Document management.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Briq and Newforma actually diverge.

Attributes where Briq and Newforma differ
AttributeBriqNewforma
Starting priceOn request$300/month
Pricing modelquotesubscription
PlatformsWebWeb, Ios, Android
FoundedUnknown2006

Identical on both: free tier (No), user rating (Not yet rated), category (Construction).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Briq

  • Invoice capture and coding
  • WIP schedules
  • Cash flow forecasting
  • Cost at completion forecasting
  • Multi-entity consolidation
  • Overhead allocation
  • Workflow automation
  • Dashboards and reporting

Only in Newforma

  • Document management
  • Project collaboration
  • Transmittals
  • RFI tracking
  • Issue management
  • Autodesk BIM 360
  • Box
  • Dropbox

What people use each for

The jobs each tool is most often brought in to do.

Briq

  • A contractor whose month-end close runs three weeks because WIP is rebuilt by hand in Excel every periodnot Newforma
  • A group with four operating companies on different chart-of-accounts structures that needs one consolidated margin viewnot Newforma
  • A specialty contractor processing thousands of supplier invoices a month that wants coding and approval automated rather than keyednot Newforma
  • A finance director who needs a defensible cost-at-completion forecast for a surety or lender rather than a project manager's estimatenot Newforma

Newforma

  • Managing project email, documents and submittals for architecture and engineering firmsnot Briq
  • Keeping construction project information on-premises for control and security through Project Centernot Briq
  • Coordinating issues and RFIs across design and construction teams in Konektnot Briq

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Briq

  • Briq layers on top of an ERP rather than replacing it, so the total finance software bill goes up and the business case has to come from headcount or close-time savings that are hard to measure in advance.
  • The output is only as good as job cost coding in the underlying ledger, and contractors with inconsistent cost codes get faster visibility of a mess rather than a clean forecast.
  • No pricing is published and the contract is scoped by entities, modules and transaction volume, which makes budgeting impossible without a full discovery exercise.
  • Implementation is a data mapping project against systems such as Vista and Sage 300 that were not designed to be read this way, so go-live timelines run into months and depend on your own finance team's availability.
  • It targets mid-market and larger contractors; a firm with one entity and a competent controller in Excel will not recover the cost, and the product is oversized for smaller subcontractors.

Newforma

  • Pricing is by quote only, with no rate, tier or minimum published; the site offers only Book a Demo and Get Started
  • The cloud product Konekt and the on-premises product Project Center are separate offerings, so the on-premises option requires a different product rather than a deployment setting

Pricing, plan by plan

Briq

On request
  • Briq$undefined/year
    • Annual platform subscription
    • Scoped by modules, entities and transaction volume
    • Implementation and data mapping quoted separately

Newforma

$300/month
  • Standard$300/month
    • Document management
    • Project collaboration
    • Transmittals
  • EnterpriseFree
    • Advanced workflows
    • Custom reporting
    • API access

Which should you pick?

Choose Briq if

  • You need invoice capture and coding.
  • You also want wip schedules.
Briq review

Choose Newforma if

  • You need document management.
  • You work on Web, Ios, Android.
  • You also want project collaboration.
Newforma review

Questions people ask

Is Briq or Newforma better?
Neither clearly leads. Briq starts at On request and Newforma at $300/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Briq or Newforma?
Briq starts at On request and Newforma at $300/month.
Does Briq or Newforma run on more platforms?
Briq runs on Web. Newforma runs on Web, Ios, Android.
What is Briq best used for?
Briq is most often used for a contractor whose month-end close runs three weeks because wip is rebuilt by hand in excel every period, a group with four operating companies on different chart-of-accounts structures that needs one consolidated margin view, a specialty contractor processing thousands of supplier invoices a month that wants coding and approval automated rather than keyed, a finance director who needs a defensible cost-at-completion forecast for a surety or lender rather than a project manager's estimate. Of those, a contractor whose month-end close runs three weeks because wip is rebuilt by hand in excel every period and a group with four operating companies on different chart-of-accounts structures that needs one consolidated margin view are not what Newforma is typically brought in for.
What can Briq do that Newforma cannot?
Briq covers Invoice capture and coding, WIP schedules, Cash flow forecasting, Cost at completion forecasting. Newforma covers Document management, Project collaboration, Transmittals, RFI tracking.

Answered from the vendors’ own pages

Briq: Does Briq replace my construction accounting system?

No. It reads from Vista, Sage or similar and automates the reporting and forecasting layer above them. You keep the ERP.

Newforma: What is Newforma pricing?

Newforma does not publish pricing on its website. The company offers three product offerings: Newforma Konekt, Newforma Project Center, and Newforma ConstructEx. Customers must book a demo or contact the company directly for custom pricing.

Source
Briq: What does it cost?

Briq does not publish pricing. Contracts are scoped by module, entity count and transaction volume and quoted annually.

Briq: How long does implementation take?

Expect months rather than weeks, because most of the work is mapping and cleaning job cost data from the existing ledger.

Briq: Is it useful for a single-entity contractor?

Less so. The strongest case is multi-entity consolidation and high invoice volume; a small contractor gets thinner returns.

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