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Construction Tech Review | Friday, August 02, 2019
There is a difference between completing a project and doing it right when it comes to construction, is essentially demonstrated with new technological solutions, which are transparent and accountable while maintaining the integrity of the project.
FREMONT, CA: DrawAlert, the market-leading Construction Administration Software releases the latest version of DrawAlert feature, an end-to-end Pay App and Draw Processing functionality. DrawAlert v3.6 offers more efficient processes and transparency for the stakeholders of construction projects. The latest version supports faster processing from the creation of the schedule of values through each draw cycle. Besides, it offers enhanced integration options to accounting systems for contractor, owner and lender teams and support for digital handoff to asset management systems.
Construction documentation and payment processes are often challenging. Usually, the industry uses physical paperwork that creates obstacles when paying contractors and subcontractors. Given that, construction professionals need access to payment and documentation tools that enable them to send and receive payments and without the longstanding delays that can affect the ability to complete projects. DrawAlert is efficiently addressing these challenges with extending its best practices while reducing costs and improving results. It is changing the landscape of the construction industry. Gone are days of piles of paperwork, disconnected systems, and a lack of transparency.
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The company's collaborative platform validates all the documents ready for payment and can process draw requests more efficiently. Keeping the process transparent between all parties through the lifecycle is one of its primary goals. By utilizing the DrawAlert software, users are mitigating the risk of these mistakes and improving the accuracy of construction projects. Lowering cycle times for Pay-Apps and Draw Requests enhances cash flow for everyone and provides a seamless platform for all stakeholders that significantly reduces costs.
DrawAlert supports a transparent, professional, and respectful business relationship between all stakeholders on any given construction project.
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