DrawAlert Announces Pay-App and Draw Processing with Version 3.6 Update

PHOENIX, July 16, 2019 — (PRNewswire) —  Today DrawAlert, the market's leading Construction Administration Software, announces the release of the much-anticipated version 3.6. The latest version of DrawAlert features the addition of an end-to-end Pay App and Draw Processing functionality.

"DrawAlert began as a way to prevent stakeholders from being caught off guard by costly errors like tardy payments, disputes and liens that can delay – or even derail – a construction project," said Tom Pritscher, Co-Founder of DrawAlert. "With DrawAlert v3.6, you can now support fully collaborative pay App Processing."

DrawAlert v3.6 provides more efficient processes and transparency for every stakeholder on construction projects.  The latest release continues that trend, all while supporting faster processing from the creation of the schedule of values through each draw cycle. Features included in v3.6 include:

  • Pay Applications: Subcontractors can submit all required documentation to Prime Contractors for review and approval.
  • Draw Requests: Prime Contractors can create Draw Requests for review and approval by their customers and Owners can digitally pass on to their accounting team or Lenders for funding.
  • Change Orders: Complete Change Order Tracking with supported documentation throughout the life of a project.
  • Construction Schedule of Values: Subcontractor Contact Progress and Prime Contractor project costs are now visible throughout the project.
  • Other Schedule of Values: Documentation of all project expenses not tied to construction.
  • Approval Process: All appropriate stakeholders can quickly approve Waivers and Invoices.
  • PayApp Report: Once the Waiver Approval Process is complete, all Draw data is generated into a PayApp Report.

DrawAlert v3.6 now also offers enhanced integration options to accounting systems for Prime Contractor, Owner and Lender teams as well as support for a digital handoff to asset management systems.

A DrawAlert Certified Project reduces costs, saves time and improves results on construction projects. For more information about DrawAlert, please visit www.drawalert.com or call (877) 909-1776.

About DrawAlert:  DrawAlert is a Construction Administration Software that breaks down barriers once separating project owners from contractors and subcontractors, with an easy-to-use online portal. With access to this portal, all parties add required documentation and are notified when funds are transferred or received. Our Bi-Directional Peer-Rated Directory helps identify and attract best-practices contractors across all 50 states. 

Invest in Transparency I Change the Construction Industry

For more information, please contact:
Ted Ritter
Co-founder and Principal, DrawAlert
Email Contact 
480-719-1541

 

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/drawalert-announces-pay-app-and-draw-processing-with-version-3-6-update-300884995.html

SOURCE DrawAlert

Contact:
Company Name: DrawAlert





Review Article Be the first to review this article
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
U.S. Strong Jobs Growth in July Underlines Fed’s Erratic Interest Rate Move
Andrew WattsAECCafe Guest Blog
by Andrew Watts
Digital Pattern Books Disrupt Construction Industry
Jobs
Sr. Project Manager for ZYSCOVICH ARCHITECTS at New York, New York
Architect/Project Manager for Purple Cherry Architects at Annapolis, Maryland
Project Manager/BIM Coordinator for ZYSCOVICH ARCHITECTS at New York, New York
Design Engineer for Graham Packaging Company at York, Pennsylvania
GIS Specialist for LEAVENWORTH COUNTY at Leavenworth, Kansas
GIS Analyst for City of Stuart at Stuart, Florida
Upcoming Events
2019 BIMForum at Hyatt Regency at the St. Louis Arch St. Louis, MO MO - Sep 16 - 19, 2019
Measurement, Visualisation and Processing in BIM for Design and Construction Management 2019 at Czech Technical University in Prague, Faculty of Civil Engineering Prague Czech Republic - Sep 24 - 25, 2019
Getting to Zero National Forum 2019 at Oakland Marriott Oakland CA - Oct 9 - 11, 2019
CONSTRUCT AEC Education & Expo - 2019 at Gaylord National Resort & Convention Center National Harbor MD - Oct 9 - 11, 2019
Kenesto: 30 day trial
Bentley:
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise