Trimble Pay is a specialized software solution that revolutionizes the subcontractor payment process for general contractors in the construction industry. This innovative platform addresses several critical challenges faced by contractors in managing payments and associated documentation. By automating the collection of pay applications, tracking of lien waivers, and management of Certificates of Insurance (COIs), Trimble Pay significantly reduces the administrative burden on contractors. The software also mitigates risks associated with traditional paper-based payment methods, such as fraudulent or lost checks. The primary goal of Trimble Pay is to streamline manual workflows, enabling contractors to operate more efficiently and take on a larger volume of projects. By digitizing and automating these processes, the platform helps reduce financial risks and improves overall project management capabilities. Trimble Pay is designed to integrate seamlessly into existing construction management workflows, offering a user-friendly interface that simplifies complex payment procedures.

Key Features

Automated Pay Application Collection Trimble Pay eliminates the need for email-based pay application collection, providing a centralized digital platform for managing subcontractor payments.

• Digital submission and processing of pay applications
• Automated reminders and notifications for timely submissions

Lien Waiver Tracking The software streamlines the often cumbersome process of tracking lien waivers, ensuring compliance and reducing legal risks.

• Automated lien waiver requests and tracking
• Digital storage and easy retrieval of lien waiver documents

Certificate of Insurance (COI) Management Trimble Pay helps contractors stay on top of COI expirations and renewals, reducing liability risks.

• Automated tracking of COI expiration dates
• Instant notifications for expired or soon-to-expire COIs

Secure Digital Payments The platform offers a secure alternative to paper checks, reducing the risk of fraud and lost payments.

• Electronic fund transfers
• Enhanced payment security measures

Benefits

Increased Efficiency Trimble Pay significantly reduces the time and effort spent on manual payment processes.

• Streamlined workflow for payment management
• Reduced administrative overhead

Reduced Financial Risk By automating critical processes, the software helps minimize financial and legal risks associated with construction payments.

• Improved compliance with lien waiver and insurance requirements
• Reduced risk of payment fraud

Enhanced Project Capacity With more efficient payment processes, contractors can take on more projects without increasing administrative burden.

• Ability to manage payments for multiple projects simultaneously
• Improved cash flow management

Improved Subcontractor Relationships Timely and accurate payments facilitated by Trimble Pay can lead to better relationships with subcontractors.

• Faster payment processing
• Increased transparency in the payment process