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Funded Through Banner
Our Funded Through banner is an easy way to communicate the month through which an owner has funded a given project. When triggered, subcontractors will see a banner on their Overview page that reads, “The project has been funded through [Month YYYY]. All approved payment applications in the funded month will be paid upon full compliance with all required documents and insurance."
While this banner won’t suit every project on the platform, it will suit many. To use the feature, right-click on a project from the Projects tab, select the Funded Through option, and then select the month through which the project has been funded.
Adding More Detail to Invoices For Stored Materials Tracking
GCPay allows subcontractors to add financial values for “stored material” when submitting an SOV on a project. To better help general contractors and subcontractors manage expenses, it’s a separate column that helps isolate the amount of a pay application that is dedicated to this need, which helps with tracking and reporting. GCs can “block” this feature and not allow for stored material billing by having a GCPay support member enable the feature. Conversely, GCPay also allows for GCs to require subcontractors to manually move stored material with each pay application. This feature gives general contractors the ability to track how much material has been installed on-site.
In addition, new enhancements have been made to allow for a more streamlined process for each subcontractor when submitting their backup items for stored materials. Documents such as invoices or images that validate the stored material amount can be required by the GC. The ability to upload these supporting documents is now easier than ever for a subcontractor. Click the button below and then scroll down to read the detailed release notes on "Stored Materials Backup Enhancement".
I’m delighted to share that Hart Business Solutions operating as GCPay and its parent company Payapps Ltd. are being acquired by Autodesk, a global design and make technology leader. This partnership marks the beginning of an exciting new chapter for GCPay and our customers.
In today’s fast-changing construction sector, GCPay has been leading the charge, working to simplify and automate pay apps to increase productivity and accuracy. Now, with the acquisition by Autodesk, we are poised to bring even greater value to construction companies. Together, we’re committed to reshaping the industry for the better, setting new standards for efficiency and innovation.
We do want to assure you that during this process, it is business as usual at GCPay. We are committed to providing the same high level of service and support that you are accustomed to receiving. The people you deal with regularly at GCPay who understand your business needs will continue to be there for you. Maintaining these relationships is essential to our mutual success.
We know that change brings questions, and we are here to answer them.Please feel free to reach out to your dedicated Account Manager if you have questions or need further information. We are excited to embark on this journey with Autodesk and look forward to bringing you, our loyal customers, along with us.
For Customers Only: GCPay's New Features Overview & Sneak Peek Webinar
Join us on Wednesday, March 6th at 2:00 PM ET for our live-moderated webinar in which our product team will review GCPay's latest features, designed to streamline your construction invoicing, lien waiver, and payments process. This webinar will cover enhancements to ePayments, owner SOV groupings, AIA G702/703 forms, and more. We’ll even take a sneak peek at some yet-to-be-released features we’ve been working on! Plus, your questions will be answered live during the session! And, if you register and attend this 30-minute webinar, you'll be entered to win one of three $25 Amazon gift cards! Click on the button below to register.
If you are a Sage client, please join us at Sage Transform 2024 from February 26th to 29th at the MGM Grand in Las Vegas. Stop by the Sage booth to chat with the GCPay team!
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