INVOICE MANAGEMENT

Subcontractor pay apps done for you

No mistakes, no rework, and no back-and-forth when collecting pay apps, lien waivers, and any other document from your subcontractors.

Stop the headache of wrangling subcontractor billing

Flashtract Invoice Management eliminates the time-consuming back-and-forth between you and your subcontractors to get accurate pay apps, lien waivers, and other billing documentation collected accurately at the end of each month.

Eliminate corrections with your trade partners

Flashtract’s pay app generator makes sure that all of the required documents are submitted and all of the math is correct.

Gain insights with centralized data reporting

Know exactly where your projects stand at any given time and how to maximize efficiency.

Standardize processes across all of your projects

The key to efficient growth is good process. Set up workflows to ensure everyone is doing the same thing.

Mitigate risk of missing or incorrect documentation

Humans make mistakes - especially when reviewing so much detailed information on a tight timeline.

Maximize productivity

Save time

Stop chasing down paper work, correcting mistakes, and reviewing documents and start focusing on growing your business.

Quickly review submissions in one format and in one place.

Let the software check the small details so you can focus on the big picture.

Integrate with your accounting or project management software to stop double data-entry.

Approved subcontractor payment applications, schedule of values, and lien waivers

Increase accuracy

Stop errors

Have confidence that subcontractor invoice amounts match the amount of work completed, and no invoices have been missed.

Create submission rules so that you are in control of what is submitted.

Prevent over-billing and unapproved change orders from slipping through the cracks.

Reduce rework on invoices by letting the software scan for mistakes.

See it in action

standardize processes

Centralize your processes and data

Free your people from being information chasers and process pushers. Streamline communication across billing stakeholders to drive accountability and improve invoice turnaround time.

Increase financial controls and gain real-time insight to project financial health.

Create the process that works for you with the custom approval workflows.

Customize rules to meet your internal or clients' requirements.

A diagram showing how realtime profits can increase with flashtract's construction billing network and software

50%

reduction in time spent processing pay applications

100%

of subcontractor submissions include an accurate lien waiver

80%

of manual tasks associated with the AFP process eliminated

Products

Flashtract Platform

PAYMENT MANAGEMENT

Gain visibility into the status of every invoice for a given period

No more “missing” invoices in inboxes. See a global picture across your organization for where action is needed.

unconditional WAIVER vault

Stop chasing, collect accurate lien waivers automatically

Never have a missing lien waiver. Enforce lien waivers to be submitted with every payment application.

SUb Invoice Management

Mitigate the risk of missing or incorrect documentation

Reduce rework on invoices by letting the software scan for mistakes, so you can focus on the big picture.

Resources

Additional resources

Blog

How to Solve Invoice Approval Delays With Billing Software

Learn how automating your billing process makes your business more cost-effective, all while requiring less human intervention.

Blog

5 Reasons Construction Billing Forms Get Delayed

Issues with pay apps are a leading cause of stress and late payments in the construction industry. Here are some of the most common reasons for deays.

Video

How Can You Improve Construction Invoicing?

There are many issues that slow down construction billing and poor invoicing processes are no exception. Get tips on how to improve your invoice workflow.