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Levelset

Score8.3 out of 10

8 Reviews and Ratings

What is Levelset?

Levelset, a Procore company, helps contractors and suppliers get payment under control. Contractors and suppliers can connect on Levelset’s cloud-based platform to improve payment processes.

Categories & Use Cases

Top Performing Features

  • Automatic Reminders

    Sends automated reminders to customers with overdue invoices to prompt payment.

    Category average: 9.6

Areas for Improvement

Reliable Tool for Managing Lien Compliance

Use Cases and Deployment Scope

We implemented Levelset 2 years ago. At any given time we have approximately 300 large and small jobs going on and we use Levelset to send reminders, monthly notices, liens and bond claims. Prior to Levelset we did not preserve our lien rights.

Pros

  • Tells us when notices are due and when to file liens.
  • Tracks all job information pertinent to lien rights
  • Gives us a wealth of information and training

Cons

  • We had a lot of issues with the customer set up. With the way the integration worked, we had 3-4 owners on a job, when it should have just been one. We were paying a large amount on postage. We sent one GC 9 monthly notices, in one month.
  • I've been trying to get an understanding of what areas in Levelset we AREN'T using and it's been difficult to get an answer. I know we are missing projected revenue and that is a pretty big piece.

Return on Investment

  • We have protected our rights on MILLIONS of dollars where before we just let them go.

Usability

Alternatives Considered

Procore

Other Software Used

CMiC Construction Platform, Procore, Oracle Textura Payment Management

Levelset it and forget it

Use Cases and Deployment Scope

We use it for sending pre-liens as well as 1st and 2nd tier lien waivers. Our biggest issue is we work nationwide and usually with new subcontractors on each job. Levelset makes it extremely easy to collect waivers from subs that we aren't accustomed to working with as well as making sure we are protected when paying our subs.

Pros

  • Digital signing process is very easy
  • Ability to collect waivers from vendors
  • Scout research for specific areas and locations
  • Fantastic resources for particular laws relating to lien waivers

Cons

  • I don't particularly like the layout of the software when viewing subs and the waivers they have turned in

Return on Investment

  • Faster collection times
  • Reduced risk
  • Better organization

Other Software Used

Procore