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Description
Regardless of whether you are associated with a bank, lending institution, title firm, AMC, or operate as a general contractor, maximizing efficiency and conserving resources are essential components of maintaining your profitability. Discover how Sekady can assist in optimizing and managing your payment workflows effectively. For subcontractors and appraisers, the platform offers a means to receive payments swiftly and securely through electronic transactions, featuring options for immediate or next-day funding. Our dedicated team ensures a smooth onboarding process for subcontractors and vendors, facilitating all draw transactions through the platform. Additionally, oversight and approval mechanisms for payments are in place to uphold strong internal controls. Subcontractors are given the flexibility to select between expedited and standard payment methods. Explore how Sekady's platform enhances transparency in project progress, provides instant summary reports, enables budget monitoring, and implements precise payment disbursement controls, all contributing to a more efficient project management experience. This comprehensive approach not only streamlines financial operations but also fosters stronger relationships with all parties involved.
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
API Access
Has API
Screenshots View All
No images available
Integrations
Tidal Money
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Subcontractors use TrakPro free. Pricing applies to main contractors only
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Sekady
Founded
2005
Country
United States
Website
www.sekady.com
Vendor Details
Company Name
TrakPro
Founded
2023
Country
Ireland
Website
trak-pro.com
Product Features
Construction Management
Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets
Product Features
Construction Management
Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets