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Description
DrawTrak is a user-friendly platform designed for lenders involved in both residential and commercial construction financing. It meticulously monitors every phase of the construction loan process, starting from the builder's cost estimate and continuing through to the final disbursement. By generating comprehensive reports at each stage, lenders can identify potential issues early on, preventing unnecessary withdrawals of funds. Picture having all your lending information neatly organized in an accessible format. Our development team collaborated closely with users to build a system that is both quick and easy to navigate. Featuring a traditional tabbed interface, DrawTrak consolidates all relevant construction data in one convenient location, allowing you to access the information you need exactly when you need it. If you ever feel overwhelmed, DrawTrak is designed to guide you through the process seamlessly. Additionally, the software offers a diverse array of reports, ensuring you can obtain the precise details you require without hassle. With DrawTrak, managing construction loans has never been simpler or more efficient.
Description
TrakPro serves as a construction payment management system tailored for main contractors and commercial teams operating in the UK and Ireland.
Subcontractors can submit their payment claims based on the pre-established bill of quantities, which quantity surveyors meticulously evaluate on a line-by-line basis, offering recommendations and certifying payments through customizable approval workflows. The platform automatically produces payment certificates and pay less notices, while also keeping track of retention, release processes, and managing variations, dayworks, and site materials, all supported by a comprehensive audit trail.
Both parties involved in the payment process utilize the same platform, providing main contractors with immediate insights into committed costs and certified values for each project.
The notifications and terminology comply with local regulations, ensuring accuracy for UK projects governed by the Construction Act and for Irish projects under the Construction Contracts Act, with CIS compliance for payments in the UK. Additionally, TrakPro seamlessly integrates with various construction ERP systems, such as COINS, Sage Intacct, and 4PS, enhancing its functionality and utility for users. This comprehensive approach makes TrakPro an indispensable tool for streamlining payment management in the construction industry.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
WordPress
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Subcontractors use TrakPro free. Pricing applies to main contractors only
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
DrawTrak
Country
United States
Website
www.drawtrak.com
Vendor Details
Company Name
TrakPro
Founded
2023
Country
Ireland
Website
trak-pro.com
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
No
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
Yes
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
Yes
Product Features
Construction Management
Accounting Integration
No
Budget Tracking/Job Costing
No
CRM
No
Change Orders
No
Commercial
No
Contract Management
No
Contractors
No
Equipment Tracking
No
Estimating
No
Incident Reporting
No
Mobile Access
No
Offline Access
No
RFI & Submittals
No
Residential
No
Subcontractor Management
No
Timesheets
No