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
We aim to help clients standardize, automate, and increase efficiencies throughout their processes. The Pay App module exemplifies CIPO's innovative approach. It starts with a Schedule of Values (SOV) that you and the General Contractor (GC) agree upon; after that, the process becomes automated and more efficient.
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.
How does it work?
Contractors can easily submit payment requests using the CIPO Pay App module, triggering your custom approval process. This guarantees smooth processing based on the approved Schedule of Values (SOV) and any endorsed change orders. The Pay App’s properties can be tailored to meet specific requirements. Here’s a quick walkthrough of our ready-to-use solution.
What's next?
Financial System Integration
At CIPO, we are committed to developing a connected ecosystem of applications that are tailored to meet specific needs. These applications work together to exchange information, enhancing efficiency and minimizing redundancy within your enterprise. Our integration with Workday and other financial systems ensures that you have clear, real-time insights into costs and progress.