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
Register submitted claimed amounts, then assess the claim line by line, matching the original contract breakdown with variations.
Flexibility for unapproved progress claims to create an incurred cost against a project. Once approved this will update your actual cost.
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.
Develop and save a standard list of assessment comments for use by your Project team, e.g. referencing contract clauses.
Abilty to limit the overall assessment to be capped at the original contract amount, including variations.
Take a look
See the simplicity and ease of the Cheops interface, with industry-relevant workflows and terminology and a user-friendly design.
We Work With The Best
“It’s got to be one of the best job costing systems that I’ve seen. Cheops is a great construction management tool to help our team run their projects, because we can go through every single cost attributed to the job, and you can see everything straight away.”
Dynamic Project Management & Prestige Joinery
"Cheops is really our source of truth for financial information and that’s the way we want it because we don’t really want to depend on manual workpapers outside of the Cheops system."
Patterson Building Group
"Cheops plays a critical role in ensuring we maintain robust financial control over our projects. Cheops allows us to keep really tight control over the subcontracts that are out in play at any point in time: Who have we engaged, what commitments have we agreed with them, and how they are tracking against those commitments. "
CFO, First Principles Constructors
"Our business has been using Cheops for approximately 4 years, and Cheops ISR for about 2 of the 4 years. Not only was Cheops ISR an environmentally friendly decision, it streamlined our invoicing process almost immediately since implementation and we have never looked back.
Cheops helpdesk staff are friendly, supportive and always happy to tackle any issue no matter how big or small. The system is easy to navigate and 9/10 there is an existing report that can be generated which will suit your reporting needs. If not, the team can assist you with customising any report."
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!