Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Tidal Money
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
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
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
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
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