Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Flashtract simplifies the creation of custom pay applications and lien waivers by automating calculations for subcontractors using just two key values: the percentage of work completed and the amount of materials stored. Even minor mistakes can lead to significant delays with documentation, prompting accounting and finance teams to sift through spreadsheets or stacks of paper to catch those easily overlooked errors. Consequently, Flashtract has emerged as the leading solution for general contractors seeking efficient pay app management. By entering project information only once, users can rely on Flashtract to swiftly produce AIA-style pay applications and lien release documents using merely two inputs: the work completed during the billing period and the materials currently stored. This eliminates the need for redundant data entry and alleviates confusion over which backup documents are required prior to invoicing. Additionally, Flashtract not only performs accurate calculations but also automatically detects mathematical errors and minimizes other common billing issues by monitoring retainage, carrying over values from previous submissions, and generating precise lien waivers, ensuring a smoother billing process. The result is a more streamlined workflow that saves time and reduces stress for all parties involved.
Description
PaidReady serves as a web-based tool designed specifically for streamlining accounts payable workflows for general contractors and teams in construction finance. This platform seamlessly imports invoices and vendor information from various sources, including QuickBooks Online, Excel, CSV files, and Google Sheets, integrating them into a unified record while categorizing each bill as Ready, Blocked, or Waiting based on necessary documentation, lien waivers, approvals, and other financial prerequisites. Users have the capability to gather W-9 forms and insurance certificates, manage the request and tracking of lien waivers through electronic signatures, document retention activities, and address any missing items, all while organizing bills marked as ready into payment batches. The system retains a comprehensive audit trail that records readiness status, validation of imports, and user choices. Positioned between accounting systems and payment cycles, PaidReady emphasizes enhancing payment-readiness workflows and does not engage in payroll processing, making it a specialized tool for financial efficiency in the construction sector. Furthermore, its user-friendly interface ensures that even those with minimal technical skills can navigate and utilize its features effectively.
API Access
Has API
No
API Access
Has API
No
Integrations
DataXchange
Yes
Google Sheets
No
Procore
Yes
QuickBooks Online
No
Sage 300
Yes
Integrations
DataXchange
No
Google Sheets
Yes
Procore
No
QuickBooks Online
Yes
Sage 300
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$49/month/company
Free Trial
Yes
Free Version
Yes
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)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Flashtract
Founded
2019
Country
United States
Website
www.flashtract.com
Vendor Details
Company Name
Elyntica Inc.
Founded
2026
Country
United States
Website
paidready.com
Product Features
Construction Accounting
Accounts Payable
Yes
Accounts Receivable
No
Billing & Invoicing
Yes
Budgeting & Forecasting
No
Cash Management
No
Construction Breakdowns
No
General Ledger
No
Job Costing
No
Overrun Projections
No
Payroll Management
No
Purchase Order Management
No
Quotes / Estimates
No
Construction Bid Management
Bidder Management
No
Building Product Database
No
Cost Database
No
File Sharing
No
Proposal Management
No
Quotes / Estimates
No
RFP Management
No
Subcontractor Management
No
Takeoff
No
Version Control
No
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
Contractor Management
Contractor Database
No
Insurance Tracking
No
License Tracking
No
Permit Tracking
No
Skills & Competencies
No
Task Management
No
Work Hour Tracking
No
Product Features
Payroll
401(k) Tracking
No
Attendance Management
No
Benefits Management
No
Check Printing
No
Compensation Management
No
Deductions Management
No
Direct Deposit
No
Multi-Country
No
Multi-State
No
Reporting/Analytics
No
Self Service Portal
No
Tax Compliance
No
Vacation / Leave Tracking
No
W-2 and 1099 Preparation
No
Wage Garnishment
No