Payapps

Payapps is a cloud-based software solution designed to simplify and expedite the process of payment claims and certifications for main contractors and subcontractors in the construction industry. It caters to construction firms of all sizes, including large contractors and subcontractors, and is utilized by professionals such as commercial managers, contract administrators, CFOs, company accountants, accounts payable managers, and company owners. Payapps aims to streamline payment processes, ensure transparency, and minimize disputes.

Key Features

Standardize payment claims: Payapps provides a standardized format for payment claims, eliminating the need for paper, emails, and error-prone spreadsheets. Subcontractors can easily prepare payment claims, while main contractors can certify them more efficiently. This standardized approach reduces errors and ensures consistency in the submission and approval of payment claims.

Improve processing efficiency: Payapps offers significant productivity gains by providing payment claims and variations in a consistent format. Its intuitive workflows streamline the entire certification process, reducing the time spent on managing, recording, and archiving payment claims and associated documentation. Customers have reported up to a 50% reduction in processing time and costs.

Increase claims visibility: Payapps provides real-time visibility into the status of payment claims, eliminating the need for frequent phone calls and emails to track their progress. Main contractors and subcontractors can easily track the location of payment claims, minimizing the risk of misplaced paperwork. Payapps can be used as a standalone solution or integrated with other construction ERP systems or accounting software, ensuring a centralized and accurate source of all payment claims by project.

Improve regulatory compliance: Payapps helps reduce risk and enhance compliance with the Construction Contracts Act. Users receive reminders to certify payment claims and issue payment notices, reducing the likelihood of payment disputes. The software enforces verification requirements for claim submission and approval, ensuring subcontractor document compliance.

Works seamlessly with existing software and systems: Payapps seamlessly integrates with leading construction, project management, accounting, and financial software. Users can enter data once and easily track all applications for payment and certifications. The software is designed with user-friendliness in mind, enabling quick adaptation and usage of Payapps.

Collaborate in one place: Payapps is purpose-built for main contractors and subcontractors to collaborate on payment claims. By simplifying and expediting the payment process, it reduces time spent on paperwork and administrative tasks. With Payapps, users can focus more on their projects and spend less time on manual paperwork management.