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What is Flashtract?

Flashtract revolutionizes the generation of customized pay applications and lien waivers by automating calculations for subcontractors with just two essential inputs: the percentage of work completed and the value of materials stored. Even small inaccuracies can cause major delays in documentation, forcing accounting and finance departments to comb through spreadsheets or piles of paper to identify those easily missed mistakes. As a result, Flashtract has established itself as the premier choice for general contractors in need of effective pay application management. Users only need to input project details a single time, allowing Flashtract to quickly generate AIA-style pay applications and lien release documents from just two data points: the work accomplished during the billing cycle and the materials that have been stored. This process eliminates repetitive data entry and clears up any uncertainty regarding the necessary backup documentation before invoicing. Furthermore, Flashtract not only ensures precise calculations but also identifies mathematical errors automatically, reducing common billing complications by overseeing retainage, transferring values from earlier submissions, and creating accurate lien waivers, leading to a more efficient billing experience. Ultimately, the result is a workflow that enhances productivity and alleviates pressure for everyone involved in the process, creating a more collaborative environment.

What is BidExpress?

Boost the efficiency and scale of your bidding proposals by utilizing the e-bidding platform specifically crafted to streamline the procurement process for agencies and vendors alike. By integrating error detection and notifications for missed information, you can notably reduce the frequency of rejected low bids. Additionally, this platform contributes to environmental sustainability by lessening the reliance on printed bid documents and plans. Enjoy instant access to bid tabs that offer ranked, exportable results, allowing you to submit thorough and precise bids from any internet-enabled device. This solution also saves you both time and money by eliminating the need for physical delivery of bids. The online submission feature readily accommodates any last-minute adjustments, ensuring flexibility in your bidding process. With no installation required and a simple training program, the transition to using this system is seamless. Explore the distinct benefits that the Bid Express service offers over traditional procurement strategies. Furthermore, Bid Express not only enhances construction bidding but also optimizes general procurement, leading to a significantly more efficient bidding experience for all participants involved. The overall convenience and effectiveness of this platform can transform the way you approach bidding in today's competitive market.

Media

Media

Integrations Supported

DataXchange
Procore
Sage 300

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Flashtract

Date Founded

2019

Company Location

United States

Company Website

www.flashtract.com

Company Facts

Organization Name

infotech

Company Location

United States

Company Website

www.infotechinc.com/bidexpress/

Categories and Features

Construction Accounting

Accounts Payable
Billing & Invoicing

Contractor Management

Not specified

Subcontractor

Not specified

Categories and Features

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