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Strengthen your subcontractor payment process

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Strengthen your subcontractor payment process

Managing subcontractor invoicing and payment processes can be a source of frustration for many construction firms.

It usually entails back and forth emails or calls to address issues, like incorrect billings, unapproved change orders, missing lien wavers, or expired compliance documents.

Sage and GCPay have partnered to eliminate these common pain points by automating many time-consuming processes, advancing a timelier and more accurate subcontractor payment process.

GCPay is the leading web-based platform for managing subcontractor pay applications and now, it’s available on both Sage 300 Construction and Real Estate and Sage 100 Contractor.

Since 2003 contractors have benefited from the seamless integration between GCPay and Sage 300, with integration to Sage 100 added in 2020. Integration enables them to link project, commitment, and compliance details. This simplifies the invoicing and payment process and helps reduce risk.

It also supports subcontractor compliance as required documents must be provided prior to submitting applications for payment. Once submitted, the contractor reviews and approves the application for payment and the data is then transferred into the Sage solution where approved applications are automatically pushed for payment.

“We’re pleased to be strengthening our partnership with Sage, offering the benefits of GCPay directly to the Sage construction community through trusted Sage staff and business partners,” says Daniel Brunelli, chief operating officer in North America for GCPay.

“For almost 20 years GCPay has been helping contractors reduce the stacks of paper and hours of time associated with managing subcontractor pay app process. We’re committed to making the construction payment process as easy as possible for the more than 40,000 construction firms using GCPay.”

Adding GCPay to Sage 300 Construction and Real Estate and Sage 100 Contractor ensures project reports and financials are accurate and available on demand. It also provides automated notifications to ensure projects remain up to date.

Additional benefits include:

  • Integrated Commitment Management: Pushes subcontract commitments and commitment change orders automatically, validating current commitment amounts between GCPay and Sage 300 and Sage 100.
  • Automated Payable Import: Reduces time spent with data entry; eliminates posting errors and omissions; and slashes processing time for accounting teams.
  • Instant Project Coordination and Validation: Automates compliance tracking; provides specific lien waivers based on project specifications; and ensures contractors’ billing values never exceed contract amounts

Call 1-800-628-6583 for more information on how to add GCPay to Sage 300 Construction and Real Estate or Sage 100 Contractor.

 

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