Flashtract
4.7
Description
Flashtract is a cloud-based billing and payment solution designed specifically for the construction industry. It simplifies the complex process of payment applications for general contractors and subcontractors by automating lien waiver genera...
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Use Cases
Key Features
- Accounting Integration
- Accounts Payable
- Contract/License Management
- Change Order Management
- Commercial
- Billing & Invoicing
Made For
Industries
- Construction
- Commercial Building
- Residential Building
- Infrastructure
- Heavy Civil Construction
Customer Segments
- Small Businesses
- Mid-size Businesses
- Large Enterprises
Supported Platforms
- Web
- Mobile
Pros
- Significant time savings through automation of billing processes
- Reduced errors and disputes with automated lien waivers and change order controls
- Improved collaboration and transparency between GCs and subs
- Excellent customer support and onboarding experience
- High subcontractor adoption rate leading to network effects
Cons
- Potential integration challenges with less common accounting systems
- Reliance on subcontractor adoption for full benefits – although adoption rate is high, it's not guaranteed
LinkedIn
51-200 employees
@Flashtract
2K-5K followers
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Current average rating is based on research conducted at Exafol