Progress Payments
Assess subcontractor claims in the contract format and add line item payment notes with Cheops’ Progress Payment module. You can also send Payment Advice Notice or RCTI direct from Cheops to the Subcontractor, in compliance with the Security of Payment Act (SOP) for each State.
Progress Payments FEATURES
Assessment
Register submitted claimed amounts, then assess the claim line by line, matching the original contract breakdown with variations.
Integrated Accounting
Flexibility for unapproved progress claims to create an incurred cost against a project. Once approved this will update your actual cost.
Preloaded Templates
Ability to have multiple Payment Advice Notice/RCTI templates customised for your requirements.
Email from Cheops
Send a Payment Advice Notice or RCTI direct from Cheops with full history recorded, once an assessment is complete.
Comments Library
Develop and save a standard list of assessment comments for use by your Project team, e.g. referencing contract clauses.
Assessment Control
Abilty to limit the overall assessment to be capped at the original contract amount, including variations.
Take a Look at Cheops
See the simplicity and ease of the Cheops interface, with industry-relevant workflows and terminology, and a user-friendly design.
If you would like a more indepth preview of Cheops software, request a free demo by clicking the button below or contact us with any questions.
Take a look
See the simplicity and ease of the Cheops interface, with industry-relevant workflows and terminology and a user-friendly design.
Get in touch or request a demo
If you would like to know more about Cheops Construction Management System or have some specific questions you would like answered, give us a call or request a demonstration. We are here to help!