Accounts Payable

Turn the disordered today into an organized tomorrow.

Every business is unique, your construction software should be too. With Spectrum® Accounts Payable software, specifically designed for your construction accounting needs, your business will run with more ease and efficiency.

What does your Accounts Payable look like today?
What could it look like tomorrow?

TODAY:

Job information looks like the equivalent of an overflowing shoe box of documentation that may or may not be complete.

TOMORROW:

Complete documentation for every job including supporting documents are tracked, digitized, and stored.

TODAY:

You issue payment to your vendor unaware that you haven’t received your vendor’s valid insurance certificate.

TOMORROW:

Spectrum® will alert you when insurance certificates are expired and can even put the payments on hold.

TODAY:

Invoicing is a tedious and manual process.

TOMORROW:

Invoices are streamlined through an approval workflow and tracked for payments which includes proper allocation of GST, PST or HST.

TODAY:

You have incompatible software that won’t allow you to import and export information between modules forcing time consuming duplicate data entry.

TOMORROW:

You have integrated software that allows interaction between reports like Cash Management, Payroll, Purchase Order, Inventory Control, and more.

Wouldn’t It Be Nice?

Wouldn’t it be nice if your construction software were intuitive? If your accounts payable software streamlined your workflow and helped reduce costs through efficiency and better purchasing control?

Spectrum® Accounts Payable software includes all of the reports that you need to effectively manage your books. These reports are designed to automate your accounting process, minimize employee work, and notify you of any outstanding documentation.

Key benefits of the accounts payable constructions software include:

  • Digitizing and tracking documentation with the help of Spectrum®’s Document Imaging feature
  • Creating a workflow for invoice approvals
  • Automatically track holdback amounts for your subcontractors
  • Reporting for GST, PST & HST
  • Holdback Automation
  • Integration of ePayments
  • Indefinite payment hold options for invoices and vendors
Screenshot - Accounts Payable App

Standard Reports

  • Aged Payables – Includes Holdback Column
  • Approval Performance
  • Cash Requirements
  • Cheque Register History
  • Document Tracking
  • G/L Distribution
  • Tax
  • DBE Job Cost History
  • Unapproved Invoices
  • Vendor Listing
  • Vendor Lien Releases
  • Vendor Activity Details
  • Vendor with Type Parameter
  • Virtual Card Payment Report
  • Subcontract Activity Details
  • Subcontract Analysis
  • Subcontract Change Request Log
  • Subcontract Change Order Log
  • Subcontract Detail Payments
  • Subcontract Form
  • Subcontract Listing
  • Subcontract Status
  • Aged Payables – Includes Holdback Column
  • Approval Performance
  • Cash Requirements
  • Cheque Register History
  • Document Tracking
  • G/L Distribution
  • Tax
  • DBE Job Cost History
  • Unapproved Invoices
  • Vendor Listing
  • Vendor Lien Releases
  • Vendor Activity Details
  • Vendor with Type Parameter
  • Virtual Card Payment Report
  • Subcontract Activity Details
  • Subcontract Analysis
  • Subcontract Change Request Log
  • Subcontract Change Order Log
  • Subcontract Detail Payments
  • Subcontract Form
  • Subcontract Listing
  • Subcontract Status

The complete Construction Management Software package.

Our Construction Management Software will not only meet, but exceed your needs.