Late acceptance,
slow payment
Missing acceptance records, mismatched vouchers, long approvals and slow payments hurt cash flow and project schedule.
Real-world scenario
Acceptance and payment records are often missing, inaccurate or mismatched. Multi-step approvals with many parties drag on, hurting cash flow and project schedule.
Missing acceptance records
Missing minutes, as-built drawings, test results and legal documents.
Mismatched vouchers
Quantities, contracts and invoices do not match, making reconciliation hard.
Long approval process
Many levels, many parties, little transparency.
Slow payment
Records returned multiple times, hurting cash flow and contractor relations.
The solution with ERPCons
Manage the entire acceptance – payment – final settlement process from a single data source, tightly linked to contracts, quantities, costs and records. Automatically check missing vouchers, send alerts and track approval progress in real time.
- Acceptance records checklist by project type
- Link quantities – contracts – payments
- Automatically check record completeness and validity
- Track the approval process and deadline reminders
- Automatic reconciliation of payments, advances and deductions
The results
Related scenarios
Related issues often come together – see how ERPCons handles them.