Alasco

The platform is designed to replace manual processes and fragmented spreadsheets, providing a unified system for all project stakeholders. It connects teams, automates workflows, and offers real-time data to give developers, project managers, and investors control over their projects. Alasco's core functionalities include budgeting, cost and revenue tracking, invoice management, cash flow forecasting, and reporting. By centralizing financial data, the software enables users to monitor budget versus actuals in real-time, identify potential cost overruns early, and make data-driven decisions. The system also facilitates collaboration between contractors, developers, and finance teams.

A key aspect of Alasco's service is the integration of Environmental, Social, and Governance (ESG) criteria with financial data. The platform allows users to track their carbon footprint, monitor energy consumption, and manage waste, aligning financial decisions with sustainability goals. This feature is intended to help real estate companies manage the entire lifecycle of a property, from construction and maintenance to sale, in a more sustainable and profitable way. The company serves real estate developers, asset managers, investment managers, and fund managers, with clients including notable industry players like Hines, SORAVIA, and Garbe. The business model is based on its SaaS platform, which aims to increase project volume for clients without needing to expand their teams.