CoConstruct vs. SpaceIQ: Which One is Better for Your Business?

Compare CoConstruct and SpaceIQ to find the best platform for financial management, operational efficiency, and integrations in 2024.
CoConstruct vs. SpaceIQ: Which One is Better for Your Business?

CoConstruct is a construction management software that simplifies processes and enhances financial management for construction businesses. SpaceIQ, now rebranded as Eptura, offers space planning and workplace management tools that optimize office space utilization and empower employees.

We will compare CoConstruct and SpaceIQ to determine which platform best meets the needs of consumers in their respective industries.

A Quick Overview of CoConstruct and SpaceIQ

What is CoConstruct?

CoConstruct is a construction management software that simplifies business operations for builders, remodelers, and contractors. It offers features like financial management, project scheduling, and online payments, making it a comprehensive tool for the construction industry. The platform is known for its ease of use and robust customer support, ensuring users can efficiently manage their projects and finances.

What is SpaceIQ?

SpaceIQ, now part of Eptura, offers tools for desk booking, space planning, and workplace management across various industries, including business services, healthcare, and education. The platform is known for its integrated worktech solutions, enterprise security compliance, and ease of use, making it straightforward to implement and manage hybrid workplaces. Additionally, SpaceIQ provides comprehensive customer support and resources for efficient office space management.

Comparing CoConstruct and SpaceIQ: Features and Pricing

CoConstruct Features

CoConstruct offers a range of features designed to streamline construction management for builders, remodelers, and contractors.

  • Finance Management: Real-time expense tracking and receipt management.
  • Online Payments: Simplified payment processes for subs, clients, and businesses.
  • Integrations: Seamless connection with other financial and CRM platforms to avoid double entry.
  • Advanced Reporting: Access to actionable data and expert advice for better decision-making.
  • Cash Back on Materials: Manage materials and earn rebates from brand names, adding to the bottom line without hassle.

SpaceIQ Features

Eptura is your hub for all things SpaceIQ, from desk booking and space planning tools to resources, best practices, and support.

  • Comprehensive Space Management: Consolidate space, map neighborhood seating for teams, explore alternative floorplans, stack plan or reshuffle floors or buildings, and proactively plan office moves.
  • Global Map Views: Drill into the details of badging and building attendance reports, manage office costs with lease management, and forecast needs by headcount, department, or building.
  • Employee Planning Tools: Facilitate hot desking, hoteling, and meeting room booking with calendar integrations, and assist with digital displays and mobile wayfinding.
  • Workspace Usage Insights: Access your SpaceIQ environment to view workspace usage, update floorplans, and plan office moves.
  • Unified Platform: Eptura digitally connects people, workplaces, and assets in a unified platform, enabling customers to thrive.

CoConstruct and SpaceIQ Similarities

CoConstruct and SpaceIQ (now Eptura) share several key features that make them valuable tools in their respective industries. Both platforms emphasize comprehensive management solutions and robust financial tools.

  • Financial Management: Both CoConstruct and SpaceIQ offer tools for expense tracking, budgeting, and financial reporting.
  • Integrations: Each platform provides integration capabilities with other software, enhancing user experience by allowing seamless data flow and reducing manual entry.
  • Advanced Reporting: Users can access detailed data and insights to make informed business decisions on both platforms.
  • CRM Capabilities: Both include CRM functionalities to manage client relationships and track interactions.
  • Continued Education and Support: Training sessions, webinars, and dedicated support teams are available to help users maximize the benefits of their software.

CoConstruct and SpaceIQ Differences

CoConstruct and SpaceIQ (now Eptura) cater to different industries, offering unique features tailored to their specific needs. Here are the most significant differences between the two platforms:

  • Cash Back on Materials: CoConstruct offers rebates on materials, a feature not available in SpaceIQ.
  • Advanced Space Planning Tools: SpaceIQ provides tools for consolidating space and planning office moves, which CoConstruct lacks.
  • Employee Experience Tools: SpaceIQ includes hot desking and meeting room booking integrations, features not found in CoConstruct.

CoConstruct and SpaceIQ Pricing

CoConstruct is listed as a free app on the Apple App Store, but user reviews indicate a subscription fee of $500-$600 per month for full features. This suggests that while the app itself is free to download, accessing its complete functionality requires a significant monthly investment.

SpaceIQ, on the other hand, does not provide specific pricing details on its "Contact Us" page. Instead, it directs users to the "Our plans" section for more information, implying that potential customers need to inquire further to understand the costs involved.

Based on the available information, CoConstruct appears to have more transparent pricing, but SpaceIQ's lack of upfront details makes it difficult to determine which offers better deals.

Why Choose One Over the Other?

Why Choose CoConstruct: A consumer might want to use CoConstruct over SpaceIQ if they are a residential homebuilder or remodeler who needs robust financial management and project tracking tools. This platform is ideal for those who require detailed expense tracking and client communication features to streamline their construction management processes.

Why Choose SpaceIQ: A consumer might prefer SpaceIQ over CoConstruct if they are a facility manager or corporate real estate manager looking to optimize workspace usage and plan office moves. SpaceIQ is perfect for those who need comprehensive space planning tools and an intuitive platform that can be quickly implemented to manage hybrid workplaces.

Considering Banner vs. CoConstruct and SpaceIQ

What is Banner?

Banner provides the ideal workflow to make project delivery predictable and efficient. We have thousands of users and are based in the San Francisco Bay Area. Our unique features include real-time spend controls, centralized project data, and no manual data entry, all highly configurable to meet client needs.

Comparing Banner to CoConstruct and SpaceIQ

Choosing Banner over CoConstruct and SpaceIQ offers several distinct advantages:

  • Real-Time Spend Controls: Unlike CoConstruct and SpaceIQ, we provide real-time spend controls, ensuring you stay within budget at all times.
  • Centralized Project Data: Banner centralizes all project data into one system, eliminating the need for manual data entry and reducing errors.
  • Highly Configurable: Our platform is highly configurable, allowing you to maintain existing processes while transitioning from spreadsheets or legacy systems.
  • Customizations: We go the extra mile with critical customizations to meet your specific needs, a flexibility not typically offered by CoConstruct or SpaceIQ.
  • Comprehensive Feature Set: From budgeting and cost tracking to cashflow forecasting and vendor management, Banner offers a more comprehensive suite of features.

For more details, visit Banner.

What Are the Customers Saying?

CoConstruct reviews

Overall, user reviews for CoConstruct are mixed, with an average rating of 3.1 out of 5. While many users appreciate its robust project management features, others have noted issues with notifications and customer service.

Transformed our business - 5/5 - "CoConstruct has given us transparency, organization, connectivity, and direction. It has been crucial for our growth and process management." - Beejalicious

Needs improvement - 2/5 - "The potential is there, but iPhone app notifications and selections get lost after the first level of menu selection." - delawarecustom

For more details, visit CoConstruct on the App Store.

SpaceIQ reviews

Overall, user reviews for SpaceIQ are predominantly negative, with an overall rating of 2.3 out of 5. Users have reported frequent crashes and poor user experience, although some have noted improvements over time.

App not stable - 1/5 - "After reinstalled twice the app. Still crashing before going to the desk selection screen." - Nicloz

Updated review - 3/5 - "The app generally works for me. I updated my review because they fixed the problem they were having for one day where the app and website were out of commission." - B167430

For more details, visit CoConstruct Reviews.

Banner reviews

We have found that Banner is highly regarded by its users, with an overall rating of 4.8 out of 5. Here are some of the positive experiences shared by our customers:

Streamlined Our Processes - 5/5 - "Banner has significantly streamlined our project management processes, making it easier to track budgets and timelines. The real-time spend controls are a game-changer." - Dave Ruth, Livcor

Highly Customizable - 4.5/5 - "The customization options in Banner are fantastic. We were able to tailor the platform to fit our specific needs, which has greatly improved our efficiency and accuracy." - Jim Gentili, Industrious

Final Decision: CoConstruct, SpaceIQ, or Banner?

While CoConstruct and SpaceIQ offer valuable tools for their respective industries, Banner stands out with its real-time spend controls, centralized project data, and high configurability. Whether you're a builder, remodeler, or facility manager, Banner's comprehensive feature set and user-friendly interface make it a top choice for efficient project delivery. We recommend giving Banner a try to experience a seamless and predictable workflow.

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