LocusviewINVOICE is a digital invoicing solution designed to transform the billing process for utilities and contractors. Traditionally, invoicing in utility construction has been manual, error-prone, and slow—often resulting in rejection rates as high as 50%. LocusviewINVOICE eliminates these inefficiencies by automating invoice creation using accurate, validated as-built data. This streamlines workflows, accelerates project closeouts, and improves financial transparency.

Features

• Automated Invoice Creation: Uses validated as-built data to automatically generate invoices, reducing human error.
• Pay Sheet Previews: Automatically creates pay sheet previews throughout construction to provide real-time insight into current spend.
• Aggregated Pay Items: Derives and aggregates pay items into a pay sheet with support for multiple billing workflows.
• Transparent Review Workflows: Enables contractor and utility teams to review and approve invoices with a clear audit trail.
• System Integration: Locusview’s Integration Manager facilitates enterprise system updates for faster payment processing.
• Real-Time Tracking: Offers visibility into invoicing status and progress, helping avoid bottlenecks and disputes.

Benefits

• Accelerated Project Closeouts: Faster invoice generation and approval lead to quicker project completion.
• Improved Accuracy: Reduces billing discrepancies and rejection rates by leveraging validated data.
• Enhanced Cash Flow: Speeds up payment cycles and improves financial forecasting.
• Reduced Delays: Minimizes manual coordination and miscommunication between teams.
• Greater Transparency: Real-time updates and audit trails improve trust and collaboration between contractors and utilities.
• Operational Efficiency: Frees up teams to focus on project delivery rather than administrative tasks.