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What is PaidReady?

PaidReady is an online platform tailored to optimize accounts payable processes for general contractors and construction finance teams. This tool efficiently consolidates invoices and vendor data from a variety of sources, such as QuickBooks Online, Excel, CSV files, and Google Sheets, into a single coherent record, while classifying each invoice as Ready, Blocked, or Waiting depending on the required documentation, lien waivers, approvals, and other financial criteria. Users can conveniently gather W-9 forms and insurance certificates, oversee the request and tracking of lien waivers via electronic signatures, and manage document retention tasks, all while organizing invoices that are labeled as ready into payment groups. The system maintains a detailed audit trail that captures readiness status, validation of imports, and user decisions. As a solution positioned between accounting frameworks and payment cycles, PaidReady focuses on refining payment-readiness workflows and notably does not handle payroll processing, establishing its niche in fostering financial efficiency within the construction industry. Additionally, the platform's intuitive design allows even users with limited technical experience to easily navigate and leverage its features, making it accessible to a broader audience. This ease of use not only enhances productivity but also streamlines communication and collaboration among team members.

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.

Media

Media

Integrations Supported

Google Sheets
QuickBooks Online

Integrations Supported

DataXchange
Procore
Sage 300

API Availability

API Availability

Pricing Information

$49/month/company
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Elyntica Inc.

Date Founded

2026

Company Location

United States

Company Website

paidready.com

Company Facts

Organization Name

Flashtract

Date Founded

2019

Company Location

United States

Company Website

www.flashtract.com

Categories and Features

Payroll

Not specified

Categories and Features

Construction Accounting

Accounts Payable
Billing & Invoicing

Contractor Management

Not specified

Subcontractor

Not specified

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