Construction receivables
Track the invoice, approved work and amounts held back.
Records to bring
- Invoices and approved progress records
- Retainage and dispute details
- Remittances and payment allocations
Choose the first workflow
Automate payment matching, collections and reporting. Keep the source records and exception review in one workflow.
Agree on the boundaries
Connect your documents and servicing systems, set your review rules and give your team a clear process for exceptions.
Related reading
Browse the lending glossary or work through a calculator.
Talk to the team.
Book a call