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What is TrakPro?

TrakPro is a specialized construction payment management platform designed specifically for main contractors and commercial teams in the UK and Ireland. Subcontractors have the ability to submit payment claims based on pre-defined bill of quantities, which are thoroughly assessed by quantity surveyors on an item-by-item basis, providing recommendations and certifying payments through flexible approval workflows. The system automatically generates payment certificates and pay less notices, while also managing retention, release processes, and handling variations, dayworks, and site materials, all supported by a detailed audit trail. Both main contractors and subcontractors access the same platform, allowing main contractors to gain real-time insights into committed costs and certified values for every project. The notifications and language used are in accordance with local legislation, ensuring compliance for UK projects under the Construction Act and for Irish projects governed by the Construction Contracts Act, with adherence to CIS regulations for UK payments. In addition, TrakPro easily integrates with a variety of construction ERP systems like COINS, Sage Intacct, and 4PS, further enhancing its capabilities and user experience. This all-encompassing approach not only streamlines payment management but also significantly improves communication and efficiency within the construction sector. Ultimately, TrakPro proves to be an essential resource for modern construction payment processes.

What is Payapps?

Enhance the management of progress claims by cutting down administrative time by up to 50%. Easily obtain and evaluate standardized claims produced through Payapps by your supply chain partners. This platform offers customizable approval workflows and automated notifications that encourage prompt responses and the generation of payment schedules, guaranteeing compliance with security of payment regulations while maintaining your reputation for timely payments. Payapps can act as a standalone solution or integrate smoothly with leading construction ERP and accounting systems, thereby standardizing your processes and documentation. You will receive complete visibility into the status of claims as they move through the approval stages. By linking with your construction finance software, Payapps automates the transfer of crucial financial data, boosting efficiency, reducing the need for repetitive data entry, and lowering the risk of errors. Additionally, Payapps automatically carries over and reconciles claims that have already been approved, freeing you from the hassle of managing spreadsheets or revisiting claims from the previous month, which allows you to concentrate on more valuable tasks. This streamlined method not only makes your operations more efficient but also enhances their reliability, ultimately contributing to a more productive work environment. By implementing these improvements, your team can experience a noticeable boost in overall project delivery timelines.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Subcontractors use TrakPro free. Pricing applies to main contractors only

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
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

TrakPro

Date Founded

2023

Company Location

Ireland

Company Website

trak-pro.com

Company Facts

Organization Name

Payapps

Date Founded

2011

Company Location

Australia

Company Website

au.payapps.com

Categories and Features

Categories and Features

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