COMPLIANCE MANAGEMENT

Don’t let one job site injury bring your company down

Tracking compliance shields you from risk, so why are you doing it soinfrequently and letting an error-prone human review it?

Throw away those stacks of COIs

Flashtract Smart Compliance helps you collect insurance requirements, streamline certificate review , and automate notifications to subcontractors upon expiration.

Stop begging subcontractors to send their compliance information

Create it as a requirement to block their billing submission until they get compliant.

Track compliance status on a vendor level across projects

Make sure that everyone is always up-to-date on their compliance requirements automatically. No more searching through stacks of documents.

Automated reminders to expired subcontractors

Have automated reminders sent to you and your subcontractors before the insurance expires to make sure there is no lapse in coverage.

Auto-stop payments until vendors are compliant

Automatically alert if a vendor is out of compliance and flag the payment before it goes out.

Before Flashtract we tried the Procore subcontractor invoicing module on several jobs before abandoning the initiative. We had difficulties with subcontractor adoption and had to piece together a complete solution using multiple add-ons from the Procore marketplace.

We have since adopted Flashtract which has been a huge time saver for our accounting and operations team. We have received great feedback from our subcontractors and the integration with Procore is seamless
Jeremey Bolling

CFO at Conger Construction Group

Alleviate

Collect effortlessly

Prevent subcontractors from invoicing you with out-of-date insurance. Eliminate the back-and-forth emails and endless phone calls to collect insurance.

Enforce collection at start of the job.

Block invoice submission when policies expire.

Build custom requirements for whatever you team needs to collect.

Pay app, lien waiver, insurance billing requirements for subcontractors
Streamline

Track effortlessly

Have confidence that all of your subcontractors are compliant. Say goodbye to searching through binders or spreadsheets – know who is compliant and who is not in 60 seconds.

Send automated reminders before expiration.

Global compliance status across vendors and projects.

Receive notifications when your attention is needed.

mitigate

Ensure accuracy

Reviewing certificates and coordinating with subcontractors and agents to fix issues is crushing productivity.

Streamline review processes.

Extend the arm of your risk management department at a fraction of the cost.

Know you are covered with the right limits and correct language.

65%

less time spent chasing down COI’s

100%

of subcontractors in compliance

200+

emails and phone calls eliminated

Products

Flashtract Platform

payment Management

Gain visibility into the status of every invoice for a given period

No more “missing” invoices in inboxes. See a global picture across your organization for where action is needed.

Learn more
SUB INVOICE MANAGEMENT

Stop chasing, collect accurate lien waivers automatically

Reduce rework on invoices by letting the software scan for mistakes, so you can focus on the big picture.

Learn more →
UNCONDITIONAL WAIVER VAULT

Stop chasing, collect accurate lien waivers automatically

Never have a missing lien waiver. Enforce lien waivers to be submitted with every payment application.

Learn more
Resources

Additional resources

Reporting

Inefficiencies like rework, missing data, and conflict resolution cost the construction industry more than $177 billion annually. Instead of waiting for disaster to strike, it’s essential to learn to maintain compliance, so issues never arise. Recognize potential risks and dangers that lead to non-compliance.

Reporting

Many contracts require written notice within a specific time frame to describe the details of change orders or delays in construction. As a result, courts only allow claims of non-compliance when contractors follow the terms of the letter. So how can you navigate these tricky notices?

Blog

There are many issues that slow down construction billing and poor invoicing processes are no exception. Get tips on how to improve your invoice workflow.