Matrak's automated progress claim report streamlines the process of generating progress claims by leveraging actual subcontractor input.
By utilizing Matrak's platform, subcontractors can easily update their work progress, providing real-time data that is used to generate automatic progress claims.
Here's how it works:
Subcontractors log into the Matrak platform and access their respective projects. They update their work progress by entering the completed tasks, status updates, and any relevant information into the system.
Matrak's intelligent algorithms calculate the progress and generate an accurate progress claim report based on the inputted data. The progress claim report includes detailed information about the completed work, quantities, rates, and any applicable variations or adjustments. And the progress claim can be reviewed, ensuring its accuracy before exporting it in a suitable format for submission. Easily export the claim to be easily shared with clients or project owners, allowing for efficient payment processing.
Note: You can only create a progress claim from Matrak's web application
Step-by-step instructions for creating a Progress Claim
Log in to your Matrak account on the web application.
Select to the project for which you want to create a progress claim.
Navigate to the Reports Page from the side bar menu
Select 'Progress Claim' from the drop down list
Filter the report from the drop down list to create the progress claim
Edit and fill in any additional or necessary details, such as the claim period, project milestones, and the work completed during the period.
Review the claim information to ensure accuracy and completeness.
Select the 'Export to Excel' button to export and easily share your progress claim with clients or project owners, allowing for efficient payment processing.
By automating the progress claim generation process, Matrak eliminates the need for manual calculations and reduces the chances of errors or discrepancies. Subcontractors can rely on instantaneous and accurate progress claims, improving efficiency and streamlining the payment process.