Payment Application & Billing - Project Cost Control

Major Functions :

  1. Record the Payment Applications of each Project
  2. Monitor the process from application until settlement
  3. Consolidated Claim Status Report
  4. Payment Application & Invoice printout

Complete Claiming Process

  • Payment Application
  • Payment Certification (Acceptance)
  • Invoicing
  • Settlement
  • Retention

Status Auto-update

  • Invoice & settled amount would be automatically updated to the corresponding claim record through ordinary invoicing & settlement process.

Application Status Report

  • Application status Report
  • Outstanding certification (acceptance) Report
  • Outstanding Invoice Report
  • Outstanding Settlement Report

Application & Invoice Printout

  • By summarizing the updated claim records under the project, standardized Application & Invoice printoout would be generated for submission.