- #Best workflow software tracking subcontractors how to
- #Best workflow software tracking subcontractors manual
The lien waiver process is important…but it’s also tedious and complicated.
It sits right in the middle of the payment process, and that means everyone’s cash is at stake. In the construction space - where payment is notoriously slow and cash flow is tricky - getting lien waivers handled right, and handled fast, is important. In any of these events, the lien waiver process is a critical one for the business.
#Best workflow software tracking subcontractors how to
Other companies mostly have to track all the contractors & suppliers on a job and collect lien waivers from them before making any payments (read about this in our How to Handle Requesting & Tracking Lien Waivers). And oftentimes, companies are in the middle, and have to juggle both workflows. Some companies mostly have to generate and send lien waivers upon request as a pre-requisite to getting paid (read about this in our Ultimate Guide to Lien Waivers). “Managing lien waivers” can mean a number of different things.
File nowĪccountants, office managers, or other administrative professionals in the construction & building supply industry are often tasked with managing lien waivers for their company. It’s fast, easy, affordable, and done right. A strong relationship between general contractors and their subcontractors translates into successful projects, which leads to more opportunities which, in turn, leads to a mutually profitable long-term relationship.We’re the mechanics lien experts. Using technology like this can help general contractors enhance their working relationships with subcontractors. In addition, any contract agreements, invoices, and payments can be accessed with the click of a button, thanks to the cloud-based software. The app provides visibility to all documents from general contractors and other subcontractors. Instead, just log into the app and see what you need in an instant. TeamPlayer offers better management and control for general contractors by providing access to critical information in real-time, no more chasing a ghost to find necessary documents. In addition, the app acts as a lens to give better insight into what subcontractors are doing. This reduces risk, leaves no room for errors, and speeds up the process for GCs to save crucial time. Now, with TeamPlayer, they can create documents electronically using the mobile app.
#Best workflow software tracking subcontractors manual
The standard manual method for GCs was to create their documents when they had time. The subcontractor collaboration platform also offers AIA-Style Progress Billing allowing subs to create and submit this form of billing to customers, including contractors not using RedTeam. This feature on TeamPlayer enhances communication between the GC and subcontractor by reducing wasted time on both parties to figure out if an invoice was created, when, where to find it, and when payment will occur. They are also notified as soon as they receive payment. Once a subcontractor submits an invoice, they have an instant notification that the GC has received the invoice. TeamPlayer’s Electronic Applications for Payment (eApps) simplifies invoice creation and submission, streamlining the subcontractor payment process and getting subcontractors paid faster. Now subs can quickly determine an entire relationship with a general contractor using a mobile app. Everything a subcontractor needs is accessible in an instant. No more wasted time finding information about a specific agreement or document. The app provides visibility to all documents from general contractors and other subcontractors so that any contract agreements, invoices, and payments can be accessed with the click of a button. Everything subcontractors need to do on a job is now on a mobile device. Our subcontractor collaboration app acts as a data entry point into RedTeam because it allows subcontractors to respond to numerous documents, reducing error and speeding processes. The app helps streamline communication and facilitates critical workflows such as bidding, negotiating, contracting, compliance, and billing. Subcontractors gain instant mobile access to construction project details, including the status of their contracts, change orders, credentials, lien waivers, submittals, and punch items.
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