Enter general project information one time which is saved for the duration of the job such as (Project Name, Project Number, Project Location, etc.)
Specify subcontract details such as contract name, amount, and retainage rate
Select required billing documents either default or general contractor specific which will be automatically generated upon submission
Step 2: Setup Schedule of Values
Breakout subcontract into schedule of values line items
Set project specific automated billing reminder for yourself based on submission deadlines
Invite additional team member to the project to increase visibility and collaboration
Step 3: Bill for Completed Work
Enter the value of the work done and materials stored this period. Flashtract will calculate the retainage, previous work, and totals to date
Flashtract will automatically generate and populate all required billing documents (AIA G702/G703, custom general contractor pay apps, lien waivers, and more)
Step 4: Download, Print, or Electronically Send Generated Pay Apps
Download generated billing documents for wet signature or e-sign and distribute electronically to the appropriate approver
Billing documents are electronically stored on Flashtract’s software for later access
Track pay request statuses and access user friendly dashboards so at a glance you can see where your attention is needed on a project