Covinly was built by a team that spent years watching construction companies lose money to duplicate invoices, scattered waivers, and spreadsheets that didn't match the GL. Generic AP tools weren't built for construction. So we built one that was.
Self-serve
Setup
From signup to your first uploaded document
Exception-first
Review queue
Clean items move toward pay-ready; only issues land in your queue
One queue
Every document, every project
Invoices, pay apps, waivers, COIs, change orders — one place to triage
0 days
Free trial
All features included · Self-serve setup
These principles guide every feature we build and every decision we make.
Every feature starts from a real construction-AP problem — scattered waivers, mismatched retainage, the duplicate that slipped through last quarter. If it doesn't help an AP manager close the month, it doesn't ship.
Financial data demands real protection — encryption at rest and in transit, scoped access per role, audit logs on every change, and security reviews you can actually request and read.
We don't promise full autopilot. AP isn't fully autonomous and never will be. We move clean items toward pay-ready and surface exceptions — that's the honest, useful shape of the work.
Every release is shaped by AP managers, controllers, and CFOs running real construction billing. The roadmap reflects what they spend their hardest hours on, not what shows well on a marketing page.
From a Delaware incorporation to a 50-state compliance engine, here's how Covinly took shape.
Covinly incorporated in Delaware. First AI model trained on real invoice data.
Signed our first paying customer — a 40-person general contractor in Texas.
Launched publicly with full AI extraction, compliance verification, and payment workflows.
Built construction-specific modules: lien waivers, pay applications, AIA G702/G703, and 50-state compliance.
Added 24+ document types, vendor intelligence, project tracking, and self-healing automation.
Launched sequential processing queue and continuous compliance monitoring across all jurisdictions.
Construction companies deserve the same caliber of financial automation that enterprise software companies enjoy. Covinly brings AI-powered accounts payable automation to an industry that still runs on paper, spreadsheets, and manual data entry — with 50-state lien-waiver compliance, AIA G702/G703 pay applications, and project-level cost tracking built in from day one.
Every feature on the roadmap is driven by what AP managers and CFOs tell us they need: deeper ERP integrations, multi-entity consolidation, prevailing-wage automation, and AI that learns each company's vendor patterns. We ship every two weeks and every release is shaped by real customer requests.
Stop chasing waivers. Stop reconciling spreadsheets. Stop releasing payments on documents nobody fully checked.
Plans from $1,299/month