Invoice and Contract Management System
Clear up confusion about the status of contracts and subcontracts.
Issue contracts and track their progress in a user-friendly interface. Changes to contracts and commitments are automatically updated in the budget, giving you visibility into the project’s financial health.
Contracts at a Glance
Access a general overview for each contract that includes scope of work, notes, and a summary of the current budget. Change order totals are noted at the top of the page, along with the original value and revised value of the contract.
Attach specific tasks to agenda items, notifying participants what’s required of them before the next meeting—helping you avoid ambiguity and manage expectations. Users can label each task as completed or in progress, preventing important responsibilities from slipping through the cracks.
Create follow-up meetings right from the meeting minutes interface. Send out invites to those in attendance at the current meeting to catch scheduling conflicts early.’
Increase the Scope
Carry over agenda items from one meeting to the next if they are ongoing.
See who was in attendance for each meeting—so managers know who has what information.
Automatically generate reports that contain all of the notes, agenda items, linked RFI or Submittal logs and tasks covered in a meeting.
A construction invoice is a form requesting payment for construction-related work, typically covering a pre-arranged period of time—usually one month.
Information on a construction invoice should include contact information for the contractor and customer, the date of issue and the date when payment is due, and line items for materials, labor, and other services along with quantities and a cost breakdown for each one.
Typically, contractors issue construction invoices at agreed-upon intervals, either time-based (once a month) or after reaching milestones, throughout the project. To invoice accurately, carefully track labor, materials, and other expenses. Include the payment terms, generally 30 days, along with details about any incentives for early payments or penalties for late payments.
A construction contract sets the terms and scope of work for a construction project. Typically, a good construction contract includes a detailed description of the project, the scope of work to be performed, a schedule with completion date, and cost estimate with payment schedule. The budget might be more rigid or more flexible depending on the type of project delivery method.