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Northspyre Reviews & Product Details

Northspyre Overview

What is Northspyre?

Northspyre, the only end-to-end real estate development management platform, empowers developers to make smarter investment decisions with data-driven insights and collaborative workflows. Through automation, analytics, and AI, Northspyre gives teams the real-time information, performance insights, and workflow tools they need to do their job with unparalleled speed and intelligence. By bringing project stakeholders, data, and processes together all on one integrated platform, Northspyre eliminates expensive silos in the development lifecycle, making project delivery simple and outcomes more predictable. Since 2017, Northspyre has been the backbone of operational infrastructure for leading development firms, supporting over $200 billion in projects.

Northspyre Details
Product Website
Languages Supported
English
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Product Description

Northspyre is a cloud-based intelligence platform that empowers CRE professionals to attain predictable outcomes on development, capital and asset projects across real estate project types. It leverages the power of automation, data analytics and proactive intelligence to help you make better and faster decisions to successfully deliver individual projects or an entire portfolio.

How do you position yourself against your competitors?

Northspyre has always had the core mission and purpose-built technology for real estate project teams. Northspyre was co-founded by a former real estate developer and engineered by leading technology experts, creating the best solution for real estate developers.


Seller Details
Company Website
HQ Location
Brooklyn, New York
Twitter
@Northspyre
107 Twitter followers
LinkedIn® Page
www.linkedin.com
106 employees on LinkedIn®
Description

Northspyre is a cloud-based software platform designed to streamline project management and financial operations for real estate developers and construction professionals. By leveraging data-driven insights and automation, Northspyre helps users optimize project workflows, manage budgets, and enhance collaboration throughout the lifecycle of real estate projects. Their innovative tools aim to improve decision-making and increase efficiency in the development process. For more information, visit their website at https://www.northspyre.com.


Anais Q.
AQ
Overview Provided by:

Recent Northspyre Reviews

Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"I am a user of Northspyre and manage the project budget on Northspyre."
It's a very efficient tool to manage budgets, control budgets, and manage vendors.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Senior Development Associate"
Streamlined draw process Accurate cost reporting for both pre-dev work and projects under construction
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.5 out of 5
"Changes the way you manage a development project"
Being able to manage costs, budgets and varinaces all in one place while also tracking changes over time is something we were never able to find pe...
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Northspyre Media

Northspyre Demo - Project Dashboard
Get a visual overview of your project progress and compare it instantly to your initial budget.
Northspyre Demo - Vendor Overview
Get a full look into each vendor's performance history with your past and current projects.
Northspyre Demo - Cash Flow Projections
Track real-time cash flow to reduce cost overruns.
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21 Northspyre Reviews

4.4 out of 5
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21 Northspyre Reviews
4.4 out of 5
21 Northspyre Reviews
4.4 out of 5

Overall Review Sentiment for NorthspyreQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
LV
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

The software is user-friendly, the reports can be tailored to your company's needs, and the concierge team always provides the best customer service when questions are asked. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

I would suggest more filtering options in the Data Inbox view (i.e., filter for invoices by Cost Codes or by Vendors). Also, there is no option for users to include multiple updates to specific invoices with an import file (i.e., we do updates going into each invoice). Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Preparing loan draws outside of Northspyre used to take a day or two. Now it takes a couple of hours. Thus, it has made our team more efficient. Also, workflows eliminated our need to obtain approvals through email threads. Review collected by and hosted on G2.com.

Adam H.
AH
COO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

Insightful data to help you manage budgets for your real estate development projects. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Takes some time to understand all of the robust features and how to get buy-in from your team on its use. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Cost and commitment tracking against the overall budget Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Northspyre?

Streamlined draw process

Accurate cost reporting for both pre-dev work and projects under construction Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Some of the preset reports. I wish there was more customization available for certain reports the software generatges. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

We did not have a streamlined process for developers to track their pre development spending. It was all tracked individually using different spreadsheets. We are are now able to quickly analzye costs across projects/ developers. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
AC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

Being able to manage costs, budgets and varinaces all in one place while also tracking changes over time is something we were never able to find perviously. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

The integration with Sage accounting software is buggy and is not consistent. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Housing all of the data in one place that is dynamic and trackable Review collected by and hosted on G2.com.

Verified User in Real Estate
AR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Northspyre?

It's a very efficient tool to manage budgets, control budgets, and manage vendors. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Hope Northspyre can do more improvements to the ACR report and Payment management. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Online budget and vendor management, processing data efficiently, and it is online software which means you can check/review anytime and anywhere! Review collected by and hosted on G2.com.

Verified User in Construction
UC
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

The customer service is quick and incredible. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Just started using and haven't really found issues so far. The only thing is it does not always refresh as quickly when multiple tabs are open. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Helps with our construction budgets and draws. Review collected by and hosted on G2.com.

Justin M.
JM
Acquisitions & Development
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

The AI invoice processing and budget management. Subsequently, the draw requests become much easier and more manageable to generate and track. The budget functions are also very helpful. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Onboarding projects can be tricky in terms of remediating data. Tasks & Milestones could be much more dynamic as well (email alerts, reminders, etc). The Sources & Uses function/tool can also be more integrated and flow through better. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

It is solving the invoice approval workflow and making that more efficient. Invoice tracking is better and makes draw requests easier and more efficient. Also, reporting (generating reports for budgets, payments, etc) is fast and easier. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

While it can be intimidating at first, once a user spends some time using Northspyre, navigating the site starts to make sense and become second nature. There are a lot of useful analytical tools available on the site. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Inconsistency. For instance, some vendor data fields allow the user to start typing the first few letters of a vendor's company name, while other vendor data fields (on different pages) do not. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

compiling draws Review collected by and hosted on G2.com.

Abe S.
AS
Property Accountant
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Northspyre?

The seamless job cost accounting integration with Yardi, particularly the payable invoices with images and contracts. With its intuitive interface, it's easy to make common revisions such as budget line re-classes and instantly update real-time progress. The draw reports are customizable and professional looking. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

Looking forward to the addition of a payment module that will allow check processing. Though not a must-have, the Yardi integration for budget and updates would be a good feature. Review collected by and hosted on G2.com.

Recommendations to others considering Northspyre:

Request a Northspyre demo or try it out for a month and see if it improves the speed and quality of your project management operations. We have found for ourselves that it dramatically enhances ours. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

Data entry and coding of invoices, contracts, COIs & lien waivers is now quick and easy. Eliminates progress tracking with several spreadsheets as all project information is accessible and transparent to all users and owners in real-time. Payable budget line re-classes that used to be a tedious task is now possible within seconds. Review collected by and hosted on G2.com.

JS
Development Analyst
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Northspyre?

I can quickly and visually see what is going on with each budget line of the project. It is very easy to identify categories that are over budget and see where open dollars are to move it to. Review collected by and hosted on G2.com.

What do you dislike about Northspyre?

The report functions are not formatted well and always coming out super small. If you want to print anything is has to be on 11x17 paper or zoom in heavily. Also some features that were conveyed to us are still under development. Review collected by and hosted on G2.com.

What problems is Northspyre solving and how is that benefiting you?

There is less back and forth between our accounting dept and development. The development team can quickly pull reports without accounting and identity issues without waiting for the monthly accounting meeting. Review collected by and hosted on G2.com.