What BenchMarx does

BenchMarx (legally operated as a division of ClaimIT Corporation, a privately held Canadian company headquartered at 460 Richmond St W in Toronto) is a cloud-based construction time and material (T&M) tracking software platform founded in 2016. The product is purpose-built for contractors and is structured around four integrated modules — Time & Material Tracking, Construction Change Orders, Time Tracking, and Digital Timesheets — supported by sub-features including T&M Logs, T&M Templates, Change Order Logs, Job Costing, Daily Reports, Budget Management, and Cost Summaries. The platform is mobile-first, with native iOS and Android applications enabling field workers to log labor, equipment, materials, and subcontractor hours on-site, while supervisors and project owners access real-time dashboards and approval workflows from the web. BenchMarx integrates with 17+ construction ERPs, accounting platforms, and cloud storage systems including Procore, QuickBooks, Sage, JD Edwards, Viewpoint, CMiC, Acumatica, Autodesk Build, HCSS HeavyJob, Xero, Foundation, Jonas, InEight, Box, Dropbox, SharePoint, and Google Drive.

The company operates a tiered subscription model with a free Basic plan (1 project, limited timesheets), a Pro plan at $39 per user per month billed annually (6 projects, up to 12 users, unlimited timesheets, financial and payroll reports, phone support, and account management), and a custom-priced Enterprise plan (12+ users, unlimited projects, API access, SSO, custom reports, dedicated account manager, training, and implementation). Its go-to-market combines a product-led growth motion — free tier, no credit card required, 15-minute self-service onboarding with a sample project — with an inside sales layer for enterprise conversions handled via live demos, custom quotes, and dedicated account management. Target customers include general contractors, specialty subcontractors (electrical, mechanical, HVAC, concrete, excavating, roofing, paving, fire & sprinkler), and owners/developers; named users include Kiewitt, EllisDon, Black & McDonald, Western Pacific Enterprises, Clearway Group, and MultiTech. No external funding rounds, M&A activity, or institutional investors are disclosed in the available source material.

Name

BenchMarx

Legal name

ClaimIT Corporation

Website

https://benchmarx.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

BenchMarx is a Toronto-based cloud and mobile SaaS platform that provides construction contractors with integrated time, material, and change order tracking, serving general contractors, specialty subcontractors, and owners/developers in North America.

Ownership category

akta.pro rank

Product category

Construction Project Management Software

NAICS

Office Administrative Services (5611), Document Preparation Services (561410)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Workforce Time, Attendance & Scheduling Administration (BPAAAIAI)

akta.pro secondary industries

Time, Expense & Timesheet Management for Contractors (BPACAGAK), Payroll, Time & Attendance (BPACAPAB), Contractor Management Systems (CMS) & Workforce Management (BPACAGAE)

Keywords

• Construction time tracking
• Change order management
• Time and material software
• Construction job costing
• Digital timesheet software

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Subscription - Basic Plan: Free tier providing 1 project with limited functionality (100 timesheets included). Serves as acquisition layer for product-led growth strategy, converting users to paid tiers.
2. Subscription - Pro Plan: Per-user monthly subscription at $39/user/month billed annually. Includes 6 projects, up to 12 users, unlimited timesheets, and advanced features including workflow mapping, employee orientation, financial reports, productivity insights, payroll reports, and phone support.
3. Subscription - Enterprise Plan: Custom pricing for 12+ users with unlimited projects. Includes all Pro features plus API access, single sign-on (SSO), custom reports, dedicated account manager, training & implementation support, and personalized service for large teams.
4. Integration Services: Revenue generated through seamless integrations with third-party ERP, accounting, and payroll systems. Integrations with Procore, QuickBooks, Sage, Jonas, Foundation, CMiC, Acumatica, JD Edwards, Viewpoint, InEight, HCSS HeavyJob, Autodesk Build, Xero, Box, Dropbox, SharePoint, and Google Drive enable data synchronization and workflow automation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

BenchMarx provides a cloud-based SaaS platform with companion iOS and Android mobile apps for tracking construction time, materials, equipment, and labor on extra work. Its core offering centers on four integrated modules—Time & Material Tracking, Construction Change Orders, Time Tracking/Digital Timesheets, and Job Costing—that allow contractors to log field data, generate T&M tickets, convert them into change orders, and push results into accounting and ERP systems.

Product overview

BenchMarx is a unified construction time and material tracking software platform that combines multiple modules into a single integrated system. The core platform comprises four main modules: Time & Material Tracking (for documenting and managing extra work on-site), Change Orders (for document and manage project changes with pre-populated rates and collaborative approval workflows), Time Tracking (for logging crew hours including overtime and double time), and Digital Timesheets (for comprehensive labor, equipment, and materials tracking with digital signatures). These modules work together as an integrated system where timesheets feed into cost summaries, which can be converted into T&M tickets and then into change orders. The platform also includes subsidiary features such as T&M Log, T&M Template, Change Order Log, Job Costing, Daily Reports, and Budget Management. BenchMarx offers tiered subscription plans (Basic free, Pro at $39/user/month, and Enterprise with custom pricing) and a mobile app for iOS and Android. The platform integrates with 17+ accounting, ERP, and cloud storage tools including Procore, QuickBooks, Xero, Sage, JD Edwards, and Autodesk Build.

Differentiator

Problem solved

Functional benefit

Products and services

• Time & Material Tracking Module

Quantifiable outcome

• 55% or more productivity increase for contractors using BenchMarx compared to manual timekeeping
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature10 records

Partnerships

17 partnerships are on record, tiered core.

• ProcorecoreTechnology or IntegrationSeamless integration with Procore enabling management of AP and AR processes, subcontractor and owner invoices and payments, asset management, expense tracking, purchase orders, and employee data with synchronized data flow.
• QuickBookscoreTechnology or IntegrationIntegration enabling streamlined management of AP and AR processes including invoices, payments, and bank transactions with efficient tracking of financial data.
• SagecoreTechnology or IntegrationIntegration with Sage construction ERP for tracking AP and AR invoices, payments, bank transactions, assets, employees, and project costs with synchronized data.
• JonascoreTechnology or IntegrationIntegration for tracking AP invoices, change orders, cost codes, cost types, purchase orders, employees, payroll, projects, and vendors with synchronized data flow.
• FoundationcoreTechnology or IntegrationIntegration for tracking AP payments, AR invoices, budget line items, assets, change orders, cost codes, cost types, employees, expenses, purchase orders, timecard entries, subcontracts, contacts, and issues.
• CMiCcoreTechnology or IntegrationIntegration enabling management of AP payments, AR invoices, budget line items, assets, change orders, cost codes, cost types, employees, expenses, purchase orders, timecard entries, subcontracts, contacts, and issues.
• AcumaticacoreTechnology or IntegrationIntegration for tracking timecard entries, project tasks, employees, cost groups, cost codes, change orders, budget line items, AR payments, AR invoices, AP payments, and AP invoices.
• XerocoreTechnology or IntegrationIntegration for streamlining financial management with Xero cloud-based accounting. Synchronizes invoices, expenses, payroll data, and financial reports for accurate financial information.
• JD EdwardscoreTechnology or IntegrationIntegration for tracking AP and AR invoices, assets, budget line items, change orders, cost codes, cost types, employees, expenses, materials, job costs, purchase orders, and timecard entries.
• ViewpointcoreTechnology or IntegrationIntegration for tracking AP and AR invoices, assets, budget line items, change orders, cost codes, cost types, employees, expenses, materials, job costs, purchase orders, and timecard entries.
• InEightcoreTechnology or IntegrationIntegration for streamlining AP and AR processes including subcontractor invoices, owner invoices, and payments, while managing assets, expenses, purchase orders, and employee data.
• HCSS HeavyJobcoreTechnology or IntegrationIntegration for managing assets, cost codes, cost types, budget line items, employees, and projects with synchronized data flow for efficient project tracking.
• Autodesk BuildcoreTechnology or IntegrationIntegration for managing AP invoices, payments, AR invoices, and payments, alongside budget line items, change orders, expenses, prime contracts, purchase orders, subcontracts, and WBS data.
• BoxcoreTechnology or IntegrationIntegration with Box cloud storage for synchronizing timesheets, invoices, site photos, and essential documentation for easy access from any location.
• DropboxcoreTechnology or IntegrationIntegration with Dropbox for syncing timesheets, invoices, site photos, and critical documentation ensuring access to project files from anywhere.
• SharePointcoreTechnology or IntegrationIntegration with SharePoint for managing and organizing project documentation including timesheets, invoices, site photos, and essential files.
• Google DrivecoreTechnology or IntegrationIntegration with Google Drive for synchronizing project documentation including timesheets, invoices, site photos, and crucial documentation with secure storage.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Rhumbix: Rhumbix is a construction field productivity platform focused on digital timesheets, production tracking, and T&M data capture for the trades. It overlaps closely with BenchMarx on the mobile, time-and-material, and change-order workflow for specialty contractors.
• Buildertrend: Buildertrend is a construction project management SaaS for residential and light commercial builders, covering scheduling, change orders, time tracking, and customer communication. It is a direct competitor in the SMB construction software market BenchMarx targets.
• CMiC: CMiC provides an integrated ERP and field operations platform for GCs and specialty contractors, including time entry, change orders, equipment, and materials tracking. It overlaps with BenchMarx across the financial and field execution stack and is a listed integration partner.
• HCSS: HCSS provides field-oriented software for heavy civil and infrastructure contractors, including HeavyJob for field data collection, time cards, and production tracking. BenchMarx and HCSS HeavyJob overlap heavily on construction time tracking and T&M workflows and are listed as integration partners.
• Fieldwire: Fieldwire is a construction field management platform for task management, inspections, punch lists, and plan viewing. While broader in scope, it overlaps with BenchMarx on field-level coordination and is a likely competitor in the specialty contractor segment.
• Jonas Software: Jonas offers construction ERP and job-costing software with built-in time tracking, change orders, and payroll. It competes with BenchMarx in the specialty contractor and mid-market GC space and is also a listed integration partner.
• Foundation Software: Foundation provides accounting, job costing, and project management software tailored to specialty contractors (concrete, mechanical, electrical, etc.). Its timesheet and change-order modules directly compete with BenchMarx's core workflow, and it is a listed integration partner.
• Raken: Raken is a mobile-first daily reporting, time tracking, and field management platform built specifically for construction crews and specialty contractors. It directly overlaps with BenchMarx's time tracking, daily reports, and digital timesheets for the same SMB and mid-market GC segments.

Broad incumbents

• Procore: Procore is the leading cloud-based construction management platform covering project management, field productivity, financials, and preconstruction. BenchMarx competes most directly with Procore's timesheets, change orders, and T&M ticket functionality, while relying on Procore as a key integration partner.
• Autodesk Construction Cloud: Autodesk Construction Cloud bundles Build, Docs, Takeoff, and BIM 360 into a unified platform targeting GCs and specialty contractors. It is both a competitor to BenchMarx on change orders and field execution and a strategic integration partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@BenchMarxApp
• Facebookfacebook.com/BenchMarxApp
• LinkedInlinkedin.com/company/benchmarx-io
• Instagraminstagram.com/benchmarx.app

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BenchMarx