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.

Screenshots and Video

Company Facts

Company Name:
Flashtract
Date Founded:
2019
Company Location:
United States
Company Website:
www.flashtract.com

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Webinars
Video Library
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Flashtract Categories and Features