The construction industry paperwork trail can be like a massive, tangled ball of string, that can easily unravel at any time.
Ultimately of course, any construction project is about making a profit, and to get that right, tracking the individual project costs is key.
That’s where Redmap comes in.
Manually processing invoices? No thanks.
Applying changes and delays to those invoices by hand? Nope.
Chasing down the approvers, who are generally out on site? Yeah, nah.
And then there are the costs that weren’t even quoted, keeping compliant with the Security of Payments Act, not to mention the increase of activity at the end of the month… it can be a One Big Hot Mess.
Redmap’s solution to automate the vendor invoice processing relies on the PO data in ERP to check invoices. If there is an invoice that doesn’t match the PO, it is sent to the relevant party for authorisation.
There are complexities and questions required to smooth the workflow. No doubt. Questions like:
Is the invoice within the allocated funding?
Meaning, can the invoice be easily approved by a resource and is within the budget…
Or, is the invoice outside of the budget?
Meaning, the appropriate approval resource would have to be identified, or the invoice would be on-charged….
Or, is the invoice for work that had to be re-done?
Meaning it was not up to standard, or was damaged by another contractor….
Redmap knows which questions to ask, and what to do with the answers for an automation that will, actually, make your life easier.