Progress Billing & Valuations

Accelerate cash flow with structured valuation processes that ensure billing accurately reflects work completed on site and "materials on site".

Digital Monthly Valuations

The billing module streamlines the monthly valuation process through a structured interface for measuring progress against technical specifications and the BOQ. Quantify physical work-in-progress, percentage completions, and "materials on site" according to specific contract terms. By linking claims directly to site diary entries and inspection photos, the system provides the "evidence of work" needed to minimize client queries and accelerate certification.

Standardized valuation templates ensure consistency across the project portfolio, allowing quantity surveyors and project managers to review and authorize claims within an audit-compliant workflow before they are submitted to the client.

Interim Payment Certificates (IPC)

Automate the generation of formal Interim Payment Certificates (IPC) and applications for payment (AFP) directly from validated site data. The system automatically calculates retention deductions, advances, and previously certified amounts, eliminating the arithmetic errors that lead to commercial friction and payment delays.

Track the status of every application through the entire lifecycle—from submission to certification and final cash receipt. Integrated aging reports for certified IPCs allow the finance team to focus collection efforts on accounts approaching contractual payment deadlines, ensuring project liquidity is maintained.

Retention and Financial Release

Manage the complexities of project retentions with automated registers that track cumulative held amounts for both the main contract and all subcontracts. Detailed retention schedules provide visibility into upcoming milestones for partial (practical completion) and final (defects liability) releases.

Integrated cash flow forecasting combines these retention release dates with project billing cycles and operational costs, providing a multi-month view of net project cash flow. This intelligence allows the organization to optimize its working capital and plan for the financial requirements of future project phases.