Use Case
Built for Road and Highway Contractors.
NHAI and PWD fund releases arrive months after milestone completion. FINIRIX tracks every release, every holdback, and every rupee of interest accruing in between.
The Challenge
Fund releases arrive 30–90 days after RA bill submission
You submit the Running Account bill. The departmental approval, measurement book sign-off, payment order, and bank credit take weeks — often months. You have no visibility into which stage your claim is at.
Mobilisation advance recovery is tracked manually
The advance was taken upfront. Recovery is deducted from every subsequent release at a fixed percentage. Without a system, the running balance is calculated on a spreadsheet — or not at all.
Multiple concurrent road packages have no consolidated view
You may be executing 3 packages on the same corridor under different work orders. Each has its own release schedule, retention, and OD allocation. There is no single P&L that shows you where you stand.
How FINIRIX Helps
Fund release tracking with Gmail detection
FINIRIX detects the bank credit confirmation in your Gmail the moment it lands and creates the ledger entry. You know instantly — no need to wait for your accountant's call.
Mobilisation advance ledger
Enter the advance once. FINIRIX calculates the recovery deduction on every subsequent release and shows the outstanding balance in real time.
Multi-contract dashboard
All your road packages in a single view — released, spent, borrowed, interest, and net margin per project — updated on every transaction.
Relevant Features
The Founding 100
Join the contractors who will shape FINIRIX.
We are onboarding the Founding 100 personally. Join the waitlist — we will reach out before we open access.
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