NASHVILLE, TN–(BUSINESS WIRE)–May 9, 2022–
Integrated Technologies (Built), the fastest growing construction finance platform in the United States, today announced that it has integrated its project documentation and payment management solution with Sage, the leading accounting and enterprise resource planning (ERP) solutions for the construction industry, enabling customers to modernize their payment system. compliance process and monitoring. Built will initially integrate with the industry leader Sage 300 Construction and Real Estate (CRE) solution and follow with Sage 100 Contractor and Sage Intacct this year.
- Link project and compliance details and reduce risk
- Simplify invoicing and further digitize payment processes for construction work
- Accelerate the processing time of submitted invoices
- Reduce the time it takes for pull requests to be approved and contractors to receive payments
Built integration with Sage’s invoice management process provides a build-focused payment solution that supports compliance documentation and payment tracking. Built improves contractor compliance by tracking all documents related to paying an invoice and approving payments. Additionally, using Built’s eSignature solutions to create, track and manage compliance documents improves Sage’s invoice management process for customers. Built leverages hh2 Cloud Services to pull data from Sage, for use in payments and compliance tracking.
“We built this extension for Sage users because it’s a major presence in the back offices of the construction industry,” said Chris Boyd, vice president of product at Built. “Our modern payment solution is built for construction, and this integration helps companies better leverage their existing technology investments. One of the best ways to retain the best subcontractors, suppliers, and vendors for your jobs is to pay them on time with as little friction as possible, and this Built-Sage integration speeds that up for builders. ”
“Our construction customers need a wide range of payment solutions to manage risk and accelerate the rate at which they complete their work,” said Dennis Stejskal, director of construction and real estate at Sage. . “Built helps our clients ensure they have visibility into all necessary documentation in order to make payments quickly and securely to their contractors and vendors.”
With additional integrations planned for early this year with Sage 100 Contractor and Sage Intacct systems, customers can easily adopt multiple Sage business management software solutions with support from Built’s construction finance platform, including including Built Pay for real money movement. Built also has integrations with Procore, QuickBooks Online, and Quickbooks Desktop, with work underway to add additional ERP integrations to support the breadth of the construction industry.
To learn more about Built’s integration with Sage 300, attendees of the TUG 2022 National User Conference this week are invited to meet Built representatives at Booth 34, May 9-11.
About the build
Built is the leading construction finance technology provider. Built connects commercial and consumer construction lenders, real estate developers, commercial general contractors, residential home builders, specialty contractors, title companies and other critical industry providers to improve flow of capital in the construction ecosystem. By connecting all key stakeholders involved in the construction finance process in real time, the Built platform helps mitigate risk, accelerate drawdowns and payments, ensure compliance and build customer loyalty. Built is used by over 170 of the major US and Canadian construction lenders and thousands of developers and contractors. For more information, visit www.getbuilt.com.
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REQ for building technologies
KEYWORD: TENNESSEE UNITED STATES NORTH AMERICA
SECTOR KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & REAL ESTATE SOFTWARE BANKING FINANCING PROFESSIONAL SERVICES TECHNOLOGY RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Embedded Technologies
Copyright BusinessWire 2022.
PUBLISHED: 05/09/2022 09:07 AM/DISC: 05/09/2022 09:07 AM
Copyright BusinessWire 2022.