Features Pay Applications
Avoid risk and errors resulting from the use of disconnected cost management tools, and benefit from real-time visibility into how payments are affecting the project budget to maintain a view of the financial health of the project.
- Generate a schedule of values (SOV)
- View pay application status
- Manage billing periods and visualize and track payments
- Generate documents and export and view project financial health
Schedule of Values (SOV) Generation
Easily create SOVs manually or automatically by selecting budget items from the main contract.
View Pay Application Status
Using flyouts, teams can create Master Schedule billing periods and view pay application status.
Visualize and Track Payments
View both pending payments and completed payments against the total work to be completed.
Manage Billing Periods
Setup billing periods from schedules and easily manage each supplier SOVs for each billing period.
Document Generation and Export
Automatically format and generate payment documents, including support for template creation of AIA G702 or G703 forms.
View Project Financial Health
Gain a real-time view of the financial health of a project through summary tables showing all incremental payment applications and change orders.