Filling out the AIA documents G702 and G703 can be a real challenge. But as a commercial general contractor or subcontractor, getting paid is essential, so you push through the tedious task of completing the payment application forms, even if it means spending hours on administrative work instead of focusing on more important things like growing your business.
Imagine if there was a software package that made filling out AIA billing forms a breeze. Werx can handle all the reconciliations for you, including consolidating change orders requested by the GC?
Once the application for payment is complete, you can email it to your client through Werx. Get paid quicker with online payments processed through Stripe.
Werx will track retainage throughout the job, even if the percentage retained changes midway. You can bill existing retainage in any pay application during the project. Once the job is complete, you can either include the retainage in the final application for payment or invoice it separately in its own invoice.