PlantFCE

Cost AI FAQs

Learn more about Cost AI's capabilities, integrations, and pricing. Get detailed answers to frequently asked questions.

What is Cost AI?

Cost AI is a tool designed to compile costs from public and private data sources to provide accurate cost estimates for Material Take-Offs (MTOs).

Who can benefit from using Cost AI?

Cost AI is ideal for project managers, cost estimators, procurement teams, and engineers in industries such as construction, oil and gas, and manufacturing.

How does Cost AI gather cost data?

Cost AI integrates public databases, private company data, supplier-provided costs, and user-uploaded data, ensuring accurate and updated cost estimates.

Can I integrate my own cost database with Cost AI?

Yes, Cost AI supports uploading and mapping proprietary cost databases to ensure flexibility and customization for your needs.

Does Cost AI support multiple currencies?

Yes, Cost AI features a built-in currency converter with customizable exchange rates, making it suitable for global projects.

How does the collaboration feature work?

Cost AI enables multi-user collaboration in real-time, allowing teams to review, modify, and finalize cost estimates securely.

Can Cost AI handle different MTO formats?

Yes, Cost AI is compatible with both standard and custom MTO formats and integrates directly with MTO generation tools.

Does Cost AI provide recommendations for cost optimization?

Yes, Cost AI uses AI-driven insights to recommend cost-effective alternatives and optimize material and design choices.

What integrations does Cost AI offer?

Cost AI integrates with ERP systems, project management tools, procurement platforms, and PlantFCE for seamless workflows.

Is there an API available?

Yes, Cost AI provides APIs for custom integrations, allowing you to connect it with your existing tools and systems.

Does Cost AI require an internet connection?

Cost AI is cloud-based but supports offline mode for remote work, syncing data automatically when back online.

How secure is my cost data on Cost AI?

Cost AI employs advanced encryption for data storage and transfer, along with strict role-based access controls for security.

Does Cost AI comply with industry standards?

Yes, Cost AI aligns with standards like ASTM, ISO, and ASME and provides compliance-ready reporting templates.

Can I track changes to cost estimates?

Yes, Cost AI includes a version control system and detailed audit logs to track changes and maintain data integrity.

What is the pricing model for Cost AI?

Cost AI offers flexible pricing plans, including monthly, yearly, and lifetime subscriptions. Contact us for more details.

Does Cost AI provide customer support?

Yes, Cost AI offers 24/7 customer support via email, chat, and phone to assist with any queries or technical issues.

Is there a trial version of Cost AI?

Yes, we offer a free trial to explore Cost AI’s features before committing to a subscription plan.

What happens if I need a refund?

We offer a 30-day refund policy. Please contact our support team to initiate the refund process.

Can Cost AI handle large-scale projects?

Yes, Cost AI is built to manage projects of any scale, from small teams to enterprise-level operations.

How does Cost AI help reduce estimation errors?

By automating calculations, integrating data sources, and using AI for optimization, Cost AI minimizes errors and increases accuracy.

Can I customize reports generated by Cost AI?

Yes, Cost AI provides customizable report templates to meet your project requirements and stakeholder preferences.

Does Cost AI account for location-based cost variations?

Yes, Cost AI allows adjustments for taxes, labor rates, and material costs based on the project location.