Digitalising Application for Payments: No charge, no support?
Digital processes are being implemented thick and fast in every industry, with construction being no different, revolutionising accessibility and communication processes. From eInvoicing to eOrdering, there are multiple ways contractors can implement digital processes, including the way they handle their subcontractor’s important documents and allow payments to be processed efficiently and effectively.
There are platforms which allow subcontractors to digitally upload important documents straight to the contractor, such as WebContractor: an online portal designed for contractors and subcontractors to have full visibility of processes and manage documents such as Application for Payments, Authenticated VAT receipts, and Insurance and Bonds.
With financial and commercial benefits, the portal streamlines processes whilst remaining fully compliant and enhances relationships between contractors and subcontractors. There are various platforms available for contractors to choose from, but some may not be as suitable as others due to inflated payments to the contractor and the subcontractor.
Manage payment visibility across the supply chain
WebContractor is a unique system that allows subcontractors to upload as many documents as they wish into the platform for the contractor, with no cost being occurred to the subcontractor. Once the contractor goes live with WebContractor, a dedicated team makes direct contact with the subcontractor to obtain user details and to outline the process that they are about to undertake, ensuring they are confident using the system by the time they need to raise an Application for Payment. From then on, the subcontractors have continuous support from WebContractor, with dedicated ‘how to’ videos and continuous 1-2-1 hands-on support from a dedicated team.
WebContractor’s primary purpose is to ensure that processes such as Application for Payment are more efficient for both parties, to ensure prompt payment and to enhance better relationships across the industry. To find out how WebContractor could work for your business, click here.