Compare Flashtract vs. GCPay

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.

GCPay is a cloud-based payment management platform that is specifically designed for the construction industry. It's designed to improve collaboration between subcontractors and general contractors to make it easier to process payment applications and all associated documents. We have everything you need, from lien waivers to remittances to change orders to a 1000-line schedule, of values. The GCPay platform allows you to manage your entire payment application. This reduces risk and improves cash flow. It also saves time and eliminates the need for your team to double-enter data.