Data Centers

Meet Kos, the last finance hire your next campus needs.

For developers, operators and the GCs who build for them. Pay apps, GMP contracts, OFCI equipment and lender draws, checked line by line the same day.

Kos reads all 812 pages of Ridge Electric’s pay app #14, ties out the distribution and generator lines, and flags switchgear billed ahead of the work, Hollis Supply’s missing lien waiver and retainage held at 2.5% where the contract keeps 5%. It recommends $754,300 of the $1,374,750 requested, drafted in NetSuite for your approval.

Procure-to-pay: Calder Power emails a milestone invoice to the AP inbox. Kos enters it as a bill in your ERP, matches it to PO-4512 and the signed factory test report, codes it, flags $4,860 of freight that isn’t on the PO, and saves the bill at $486,000, pending your approval.

Maya invites Kos to a video call and walks it through a bill on screen share, Kos asks who to tell when a bill doesn’t match the PO, then replays the workflow on a new bill in the ERP sandbox while she watches: it finds the prepayment already went out, tells the requester on Teams, and leaves the bill pending your approval.

Customers and investors

  • Working with
  • Backed by

The Problem

Every draw starts with a pay app. Nobody can read them all.

Three problems data center finance teams describe, and who feels each one most.

  • Contractors slip line items past you

    A $5M line hides in a $10B program, a forklift for the GC gets billed to you, and labor shows up at eight hours a day with zero variation.

    Felt most by the CFO

  • Nobody can read it all in time

    A 600-page pay app takes six hours before the back-and-forth starts. Review becomes spot checks, then rubber stamps.

    Felt most by project accounting

  • You press send and hope

    Hundreds of millions in draws go out every month, the bank’s deadline doesn’t move, and an electrical sub is threatening to walk.

    Felt most by the pay-app lead

At Scale

Every new campus adds a desk.

One site fills one desk. Each row is one site’s month of documents. The line is the team.

The close slips. The paper triples and the team finds one more analyst. The talent pool is tiny, so site 3 waits for the weekend.

Lender draws wait on backup. The construction monitor asks for the waiver log and the stored-materials backup. Both sit in inboxes across six sites.

Overbilling is found after it is paid. No one has the hours to hold each pay application against the field report. A line billed at 71% with 58% in place is paid in full on Friday.

12 sites and 4 analysts. 8 sites wait. What slips: the close, lender draws, and overbilling.

Illustration. One row is one site’s month of documents, and the team adds one analyst per step. At 12 sites, the line billed at 71% is pay app #14’s switchgear line.

What Finance Teams Tell Us

How do we find the 5 million dollar item that just gets snuck into a 10 billion dollar capex spend?

Finance lead at a global data center developer

I just press send and I’m like, hopefully they don’t find that one.

Pay applications team at an AI data center developer

We’re hiring so many quantity surveyors… And all they do is punch the numbers into a spreadsheet.

FP&A team at a global data center developer

It’s too hard to throw bodies at. And you have the attrition and people moving into different roles. And something’s almost getting dropped.

Former CFO at a public data center company

The Solution

Kos reads them all, the day they land.

The answer to each problem above: every line item checked, every page read and every draw tied out before you press send.

  1. Billing review

    Line items stop slipping past you. Kos checks every G702/G703 line against the GMP, SOV, change orders, retainage, waivers and backup. At STACK, 85% of job spend flows through GC pay apps.

    Learn more: Billing review
  2. Procure-to-pay

    Every page gets read in time. Kos works right in your ERP with its own login, matching OFCI milestone invoices to PO terms and receipts. You approve before anything posts.

    Learn more: Procure-to-pay
  3. Teach Kos

    No more pressing send and hoping. Show Kos how your draw package comes together once on a screenshare, and it runs it that way every time.

    • Draw requests
    • Utility bills
    • Pass-through billing
    Learn more: Teach Kos

How It Works

Forward the pencil draft. Kos reads every line.

Nothing new for your team or your GCs. The pay app goes to Kos the way it goes to a colleague, and comes back reviewed the same day.

  1. Forward the pencil draft

    Email Kos the GC’s pay app like you would a colleague, or ask it in Slack, Teams, iMessage or on a call.

  2. Kos reads every page

    The G702 and G703, the schedule of values, sub invoices, lien waivers and certified payroll, each line checked against the GMP and past pay apps.

  3. Kos flags what doesn’t tie out

    Billing ahead of the work, missing sub-tier waivers and retainage math come back with the page and clause behind them.

  4. The draw ties out before the bank asks

    A line-by-line review in your Excel format, commentary to the project executive, and the entry drafted in your ERP for your approval.

What It Catches

What Kos flags on every draw.

Each flag comes back with the page and clause behind it. What you recover is your call.

  • Billed ahead of the work

    Percent complete on the pencil draft billed past what the field report shows in place.

    Field report

  • Missing lien waivers

    Subs and suppliers paid without the conditional waiver the GMP requires.

    Lien waivers

  • Retainage math

    Retainage held below the GMP’s rate, or released before substantial completion.

    Retainage

  • Stored materials without backup

    Equipment billed as stored with no bill of sale, insurance or location.

    Stored materials

  • Wrong entity

    Bills coded to the wrong campus LLC instead of the entity that owns the PO.

    Entity

  • Milestones billed early

    Long-lead equipment billed before factory acceptance, or a deposit invoiced twice.

    Milestones

In Your ERP

Forward the invoice. Kos works it in your ERP.

Kos works inside your ERP with its own login, like a new hire, whether that’s NetSuite or another system. Nothing to install, and nothing posts until your team approves it.

  1. The invoice lands in the AP inbox

    Calder Power emails INV-7309 to the AP inbox, where Kos has its own address. Or forward it to Kos as you would to a colleague.

  2. Kos matches the PO and receipt

    Kos opens PO-4512 and its receipt in your ERP and ties the invoice to milestone M3, backed by the signed factory test report.

  3. Kos codes it and flags the freight

    Ashburn Phase 2, cost code 26-1100, GL 1610. The $4,860 freight line isn’t on the PO, so Kos flags it and recommends $486,000.

  4. Drafted for your approval

    The bill waits as pending approval with the flag noted. Nothing posts until someone on your team approves it.

Not New Software

Kos exists where your team already works.

Kos has its own email address and accounts, like anyone you hire. Forward it a pay app, ask it about an OFCI invoice in Slack, text it about the draw or bring it into a call. Nothing to install.

Invite Kos to a Zoom, Google Meet or Teams call and share your screen. Show it how you check an OFCI invoice once, and it checks the next one the same way.

Instead Of

More hands, more tools, or one hire.

What data center teams reach for today, next to a colleague who reads every page.

Kos compared with more analysts, cost consultants, project software, and frontier LLMs like Claude and ChatGPT
Compared onMore analystsCost consultantsProject softwareFrontier LLMsKos
Time per pay appDays of analyst time3+ day turnaroundDepends on setupHours of prompting and checkingSame day
What gets readA sample of the backupA sample, per drawThe fields it’s set up forThe pages you uploadEvery page, against the GMP
Where the work landsSpreadsheets and emailA monthly PDF reportAnother appA chat replyYour Excel, inbox and ERP, once you approve
How you work with itHire, train, retain, per campusEngage, wait, pay by the hourLearn, integrate, roll out per siteBuild, prompt, check every drawEmail, Slack, a call
What it takes to startMonths of hiringA statement of workAn implementationA custom build on the modelsForward one pencil draft

Outcome

With Kos on the team, every draw goes out checked.

Kos reads every pay app, invoice and waiver, and your team approves what goes out.

  1. Nothing slips through

    Every pay app, invoice and waiver gets a full read, so switchgear billed ahead of the work or a sub-tier supplier’s missing lien waiver is held before the draw, not found at audit.

  2. Same-day reviews, partners paid on time

    Each pencil draft comes back reviewed the day it lands, so the draw ties out before the lender asks. GCs and suppliers get paid on time, and the best subs want your next campus.

  3. Hired, not implemented

    Kos works in your email, Slack and calls like anyone on your team. Ask it at 11pm where electrical stands against the GMP, and it answers with the page behind the number.

You Stay in Control

Kos does the reading. You make the call.

  • A human approves before anything posts.
  • Every flag shows its page and clause, so your team can check any finding.
  • Kos has its own identity, only the access you give it, and a full audit log.
  • Your data stays in your systems.

Who It’s For

Built for the teams behind the campus.

For the companies that build, own and run data center campuses, and the finance teams inside them.

  • Developers

    Capital has to go out on budget and every lender draw has to close on time. Kos reviews each GC pay app against the GMP before the draw.

    For the CFO and project accounting

  • Operators

    Every megawatt is already sold, so the footprint outgrows the team. Kos reviews expansion pay apps and vendor invoices across sites and entities.

    For finance across sites

  • General contractors

    Kos checks your subs’ pay apps, lien waivers and certified payroll before they roll into your own G702 and G703.

    For the pay-app lead

Questions, answered.

Kos reads every page of the pay app, not a sample, and shows the page and contract clause behind every flag.

Nothing posts until someone on your team approves it. When Kos is unsure about a line, it asks instead of guessing.

There’s nothing to implement. Kos gets a login like a new hire, and your team emails it the pay apps.

Kos reads your contract and fills out your draw workbook in your columns. Show it your process once on a screenshare.

Kos works inside your systems under its own identity, with only the access you grant, and every action is logged.

No. They keep sending pay apps and invoices to the same inbox.

An analyst takes months to find and covers a few sites. Kos covers every site on every campus from the day it starts, to the same standard.

Why Now

The buildout won’t wait for your next hire.

Data center construction is up 73% in a year.

Up from $49B a year earlier. Every dollar of it arrives as a pay app your team has to read before the lender funds the draw.

US Census Bureau, Aug 2026 (opens in a new tab)

$85B

a year in US data center construction, August 2026

US private data center construction spending, seasonally adjusted annual rate, each August, not adjusted for inflation. Excludes servers and IT equipment. August 2026 is preliminary.

Data center power use could triple by 2030.

Berkeley Lab projects 649 TWh a year, about 12% of US electricity. Every megawatt of it is a campus to build first, and the draws to fund it.

Berkeley Lab, June 2026 (opens in a new tab)

3.4×

US data center electricity, 2030 against 2024

US data center electricity use, crypto mining excluded. 2024 is an estimate; 2028 and 2030 are the Reference Case projection (2030 range: 521–843 TWh).

Texas has 474 GW of requests, 90% from data centers.

Up from 63 GW at the end of 2024. Each site now posts $50,000 of security per MW before it’s studied, one more deposit your team has to track.

ERCOT, July 2026 (opens in a new tab)

7.5×

Texas large-load requests, 2026 against 2024

Large loads (75 MW and up) asking to connect to the ERCOT grid, about 90% data centers by June 2026. Requests, not demand: in September ERCOT left 302 GW out of its first study batch.

Switchgear costs nearly twice what it did in 2019.

Transformers are up 89%. Every price move reaches your desk as a change order or an escalation claim, and someone has to check it against the contract.

US Bureau of Labor Statistics, Aug 2026 (opens in a new tab)

+93%

switchgear prices, August 2026 against 2019

Producer price index, switchgear and switchboard apparatus manufacturing (June 1985 = 100), each August, not seasonally adjusted. Transformers rose 89% over the same years. August 2026 is preliminary.

Forward Kos your next pencil draft.

No new software to learn. Email Kos the work and watch it run.