Start with the schedule of values
Maintain project billing lines and cumulative progress. Assigned PMs can submit installed progress and stored-material updates for accounting review.
Construction Progress Billing & Retainage Software
Organize the schedule of values, installed progress, stored materials and retainage in a connected project workspace.
Progress percentages arrive late. Stored materials are mixed into installed work. Retainage remains in a separate tracker. A billing meeting works better when the team can review those balances together.
Maintain project billing lines and cumulative progress. Assigned PMs can submit installed progress and stored-material updates for accounting review.
Track stored materials alongside installed progress so the billing review can account for material transfers without billing them twice.
Keep withheld retainage and release activity visible alongside contract value, prior billings and the remaining balance.
Create AIA-style G702/G703 progress-billing output and export supporting project reports. Review the GC’s required format before submission.
ECS Finek provides AIA-style G702/G703 output. It does not claim AIA endorsement or that every GC will accept the generated format.
The crew and scheduling workflows use labor hours without exposing employee wage rates. PM project access is limited to assigned projects.
No. ECS Finek supports project operations and financial controls. General-ledger accounting and payroll processing remain in your accounting system.
SEE HOW THE PIECES FIT
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