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AboutCustomer Billing for Construction Projects
Frictionless Billing
Fixed price, time and materials, cost plus or unit price
Invoice clients on any contract type and even mix multiple billing types in the same project.
Work in progress (WIP) management
Gain visibility into your unbilled revenue by project, program and globally.
Setup cash flow milestones, holdbacks and advance payments
Coming in 2021, plan out payment schedules according to client contract deliverables, retainage, etc.
Intelligent Approvals
Configurable, multi-stage workflows
Design your multi-level approvals workflows, including all key stakeholders.
Dynamic routing based on DOA thresholds
Configure signing thresholds based on invoice amount and 4castplus will route to the correct approver.
De-bottlenecking reports and reminders
Don’t let approvals stand in the way of your billing process. Let 4castplus take care of the reminders, escalations and re-routing to delegates.
Revenue Recognition
Flexible billing rates for time and materials
Setup billing rates by project, task, resource, discipline, task, shift, and by resource type such as labor, equipment, materials, etc.
Fixed price / lump sum billing
Use built-in tools to accurately measure progress and evidence completion of milestones for fixed bid contracts.
Unit price, bill of quantities (BOQ), remeasurement
Leverage the built-in tracking for Unit price (BOQ) projects to recognize revenue on production or installed quantities.
Intelligent invoicing to maximize project profitability
Revenue is at the core of your business bottom-line. Contractors have a lot of moving parts to take close care of, from resource management to construction management, safety to QA, and successful completion of deliverables. Having a system that helps you take care of the details while maximizing revenue and profits is critical in a competitive market. 4castplus delivers the power and flexibility to invoice clients with ease and sophistication while eliminating the churn and bottlenecks that can delay the time from completion to cash.
Natively integrated project billing
Flexible billing backup tools
Recognize revenue on any contract type
Progress measurements for fixed price
Add surcharges and discounts to any client invoice
Powerful adjustments module for adjusting entries
Natively integrated project billing
Flexible billing backup tools
Recognize revenue on any contract type
Progress measurements for fixed price
Add surcharges and discounts to any client invoice
Powerful Adjustments module for adjusting entries