INTEGRATED PAY APP
CIPO has streamlined the contractor payment management function by integrating the Pay Application into its software.
You can easily manage, approve, and speed up contractor payment requests automatically using a single centralized platform, including any required adjustments. If you choose, you can also integrate this workflow with your financial system, such as Workday, allowing for real-time cost management from the field to the office.
Lean Operations
Our goal is to help clients standardize, automate, and enhance the efficiency of their processes. The Pay App module showcases CIPO's innovative approach. It starts with a Schedule of Values (SOV) that is approved by you and the Consultant or General Contractor. Once this initial approval is obtained, the process becomes automated, leading to improved efficiency and real-time cost tracking.
Define
Feel free to utilize the ready-to-use Pay App templates or modify CIPO to align with your organization's specific needs as required.
Automate
Empower yourself with robust and customizable workflows to handle pay requests effortlessly; no matter the complexity, CIPO can adapt.
Import
Establish your organization's payment categories and seamlessly import your SOVs from Excel or cost-loaded schedules, such as Primavera.
Track
Monitoring your project expenses, including change orders and quantities in detail, guarantees clarity and precision in progress payments.
Did you know?
CIPO allows you to track and pay multiple vendors for the same project, helping you fulfill specific project reporting requirements, such as when working with a consultant and a general contractor.
How does it work?
Contractors can easily submit payment requests using the CIPO Pay App module, which initiates your customized approval process. This ensures smooth processing based on the approved Schedule of Values (SOV) and any endorsed change orders. The Pay App’s features can be tailored to meet specific requirements. Here’s a brief overview of our ready-to-use solution.
What's next?
Financial System Integration
At CIPO, we are committed to building a connected ecosystem of solutions tailored to meet your specific needs. Facilitating information exchange can be a key advantage, enhancing efficiency and minimizing redundancy within your organization. Our integration with Workday and other financial systems offers you clear, real-time insights into costs and progress, whether you are in the field or in the office.