How Built Runs a Continuous Close on Numeric's Financial Data Platform

Built Technologies keeps finances on track for businesses in real estate and construction. Founded in 2014 and headquartered in Nashville, Built connects more than 340 lenders and 78,000 owners and contractors on one AI-powered platform for funding, building, and managing projects, with over $300 billion in capital managed.

Every draw, payment, and lien waiver made on that platform generates data. Previously, not enough of that data made it into their books. Built's legacy ERP kept only a few fields from each transaction, so the accounting team, led by Controller Asia McKnight, spent days rebuilding billing data by hand and troubleshooting errors that customers had already noticed. The team was lean, and the processes it relied on couldn't keep up with the business.

In early 2026, Built moved its accounting onto Numeric's Financial Data Platform (FDP). The change has been revolutionary. McKnight said,

“We're almost operating in a different century, it feels like, from a data perspective.”

Data and Details, Lost in Translation

Prior to Numeric, Built was struggling to move data from their own platform into their legacy ERP. To close the gap, the team exported data from the platform, reshaped it into a format the legacy system could read, and applied manual overrides along the way.

As expected, that translation was lossy. Built's platform captures detailed customer-level data on every transaction, but the legacy system accepted only a few fields. Everything else was stripped out before it reached the ledger, which limited what accounting could tell the business about what was happening on the platform.

Billing and revenue took the hardest hit. Assembling billing data took several days and involved people across multiple departments, each passing their piece to accounting. Errors inevitably crept in.

"We were pushed to decide: do we upgrade our systems, or do we just add more people?" McKnight said. "No business wants to add more people. You really need to fix the root problem, which was our systems."

Partnering with Numeric

In early 2026, Built entered a conversation with Numeric about implementing a data platform that could solve many of their billing problems. The two sides met consistently, with Numeric engineers traveling to Nashville to learn first-hand how Built’s current model was breaking, and what they wanted instead.

In time, Built onboarded onto the Financial Data Platform: a solution that took a different approach than their legacy systems by ingesting full data records from every business transaction. As opposed to before where several of the systems involved in billing were disconnected with no way to integrate, the FDP took in source data straight from Built’s own platform.

The user experience also was a delight, McKnight recalls:

“It was a system that was really flexible enough for us to scale as a business, but also our current team is able to configure the system in a way where we don't need a system administrator to understand how the system works and to maintain the current team size to support our growing operations.”

A Better Data Foundation for Billing and Beyond

Numeric connects directly to Built's source systems and keeps the full platform data alongside the accounting. The team can tie billings, revenue, and expenses back to the underlying transactions and see performance by business unit, customer, or cohort. They no longer have to rebuild the detail after the fact.

Before: legacy system

• Platform data exported, reshaped, and manually overridden
• A few fields kept per transaction
• Billing data assembled over several days by multiple departments
• Month-end results estimated until close

After: Numeric's Financial Data Platform

• Direct connection to source systems
• Every platform field kept alongside the accounting
• Billings, revenue, and expenses tied to the underlying transactions
• Actual results visible every day

That data uniformity helped Built to clear an equally critical hurdle: complex revenue recognition. The team needed an engine that could handle the billing nuance that comes with usage-based billing models, and then help tee up revenue recognition after the fact.

Without changes, accounting could’ve easily been a bottleneck for Built’s long-term goals and ability to scale. Instead, they’ve released a tension that affected Built’s entire selling motion.

"No data is lost. We probably actually import more data than we need — we keep it all," McKnight said. "We have every piece of information we would ever want, instead of just a few tags that we hope will get us the right answer."

Because the FDP pulls directly from source systems, the data has to be structured correctly upstream. This required Built to put in some work to structure their existing data, and McKnight sees that as the point.

"It just required us to mature as a company and have really good underlying data that then feeds into the ultimate accounting," she said. "We can trust that when our upstream systems are configured well, the data is going all the way through the accounting the exact way we're translating it to the rest of the business."

What Live Data Unlocks

With live data every day, Built's accounting team no longer saves its analysis for month-end. They investigate variances as they appear and bring them to the business while there's still time to act.

"Today is the second day of the month, and I already have events live for this month coming in," she said. "I can report back to the business — even before mid-month — whether we're on track or off track."

The benefit reaches past finance: Built is still refining how it sells and what it builds, and real-time numbers show which go-to-market approaches and product decisions are working while those choices can still change.

"We can all move fast together," McKnight said, "instead of fighting against being the 'zombie department' — the one that's a few weeks behind everyone else."

McKnight notes that the continuous close was first called the future of accounting about ten years ago. She's seeing it happen in her own career for the first time.

The FDP: A Career Builder for Built’s Team

With close work spread across every day, the team no longer disappears into a heads-down stretch at month-end. Accountants are available all month, and they spend that time working with sales, implementation, and finance on live operating problems. That availability has earned them a regular role in the company's decisions.

"We don't really have a heads-down period of weeks on end when we're not available to the business," McKnight said. "Our whole team is available on a daily basis."

Her accountants now work with sales, implementation, and finance on live operating problems. Being available builds trust, and that trust gets them included in the conversations where decisions are made.

It has also changed the team's skills. Running on the FDP requires thinking in systems: how data flows, how a rule should be configured, and where an exception comes from. McKnight says that work gives accountants experience most people only get late in their careers: "My staff accountants — everyone from them up — is solving the exact same problems at the exact same table."

Best of all, none of this required a dedicated system administrator. McKnight's accountants configure the FDP themselves.

"You don't have to be a software engineer to use Numeric," she said. "We needed a system that gives our accountants — who don't have a systems background — the right tools to configure it for their needs."

Where Accounting Goes Next

Asked to describe what Numeric is, McKnight skips the usual categories.

"I'd say Numeric is an operating engine. It's not a legacy ERP system," she said. "It takes data from all the other operating platforms your business is using, puts that into day-to-day accounting in a way that's super flexible and easy to configure by any accountant, and gives the whole business a way to run accounting and finance the same way we run the rest of the business."

Reflecting on the benefits of the Financial Data Platform, what McKnight values most is the platform’s versatility: "It wasn't designed to solve one problem. It was designed to be flexible enough for us to configure and solve operational problems, accounting problems, and finance problems with the data set that we have."

Underneath all of it is confidence in the numbers, which McKnight sees as her whole job.

"Having robust controls and a system that I feel confident in is really what gives me the energy to go do other exciting accounting projects and business projects," she said. "I don't have to worry about whether the reconciliations and analysis are going to work out."

Her advice to Controllers considering such a radical product?

"Your team will be able to move so much faster. You'll have better insights," she said. "And at the end of the day, your whole job will be more rewarding if you really just lean into tools and technology that are being developed today, at a pace that I don't think anybody can really wrap their head around."