Fort Hill LogiX Launches as Independent Construction Audit Platform
Fort Hill LogiX has officially launched as an independent company, separating its patent-pending payment application review platform from its parent firm, Fort Hill Associates. The move addresses data privacy concerns among competitors by offering tenant-level data isolation and ensuring that Fort Hill Associates no longer has visibility into customer data. The platform utilizes AI to perform line-by-line reviews of construction payment applications against contracts and supporting records, significantly reducing review times from days to minutes. LogiX is designed for capital project owners, internal audit teams, and advisory firms, allowing them to apply their own methodologies while leveraging the software's automated computational testing.
Topics: business independence construction technology corporate spin-off data privacy