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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 Sekady?

No matter your affiliation with a financial institution, title company, appraisal management company, or if you work as a contractor, it is crucial to focus on enhancing efficiency and conserving resources to ensure your profitability. Learn how Sekady can aid in the effective optimization and management of your payment workflows. For subcontractors and appraisers, the platform facilitates prompt and secure payment processing through electronic transactions, offering choices for immediate or next-day funding. Our committed team guarantees a seamless onboarding experience for subcontractors and vendors, managing all draw transactions via the platform. Furthermore, we have established oversight and approval processes for payments to maintain robust internal controls. Subcontractors also enjoy the option to choose between expedited and standard payment methods. Discover how Sekady's platform improves transparency regarding project progress, delivers instant summary reports, allows for budget tracking, and enforces precise controls on payment disbursements, all of which lead to a more streamlined project management experience. This all-encompassing strategy not only simplifies financial operations but also strengthens the relationships between all stakeholders, paving the way for long-term collaboration and success in future projects.

Media

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Media

Integrations Supported

Integrations Supported

Tidal Money

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

Online Training

Company Facts

Organization Name

TrakPro

Date Founded

2023

Company Location

Ireland

Company Website

trak-pro.com

Company Facts

Organization Name

Sekady

Date Founded

2005

Company Location

United States

Company Website

www.sekady.com

Categories and Features

Categories and Features

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