PayLab digitally standardises the way you receive and issue claims.
You can see real-time payment overviews at glance too, making it easier to stay on top of your cashflow. You can log in anywhere, anytime to keep your projects on the move.
You know it's compliant.
There's no risk of leaving out any important information that could hold up your claim. As you work through it, PayLab automatically reminds you of what needs to be included to be compliant. Because PayLab has taken your sub-contractors through the same process before their claim gets to you, you'll save time when issuing certificates.
Make more profitable use of your day.
Your day is busy enough without wading through claims that are all in different formats. With PayLab, you’ll receive all payment claims in the one, standardised format, so it’s easy to prepare and issue certificates. At the same time, it’s easy to spot and sort out any discrepancies.
There’s no need for data entry either – it’s all done automatically. It all adds up to a more efficient (and profitable) use of your day.
Easy to monitor your projects'process.
PayLab puts all claims and certificates for your projects into one easy to read place. It's done in real time so you can see up-to-date information at a glance.
Manage Retentions automatically, see when a Claim has been received and payments have been made. PayLab even has an automatic prompt for you to go back to subcontractors whose claims haven’t been certified and explain why (before things become a problem).
Time to make your claims management and approvals easier?
Secure and confidential.
Data is only shared between relevant parties – and you get to control who those parties are. Information you receive from your sub-contractors is kept confidential between them and you – even if your clients are on the same platform.
Better for your cashflow.
PayLab stays on top of your claims certification and management to help you get paid on time. It automatically calculates and reminds you of every single retention – no more forgotten claims, ever!
Any variations are captured and recorded so you can assign them to the correct project and ensure those costs are passed on. All financial information (including retentions) are collected in one easily referenced digital pack for your client. With this sort of transparency, there’s little risk of clients questioning an invoice. Which means prompt payment and a better cashflow for your business.
Choose the PayLab Plan that works for you.
Made by construction people,
for construction people
At PayLab, we know about the software that works for construction. That’s because we work in the industry ourselves.
PayLab is owned by asBuilt, a company of digital engineering experts and software developers. asBuilt has one goal – to engineer clever solutions that reduce the impact of construction while at the same time connecting people to their built assets, and each other.
PayLab is an example of that innovative thinking.
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