I’ve heard certain builders are on “auto-pay.” What is it and do I need it?

Auto-pay is a general term for payments that are triggered by 1) having been issued a purchase order and 2) having the items on the PO tied to a construction task in the field.  When the builder’s superintendent approves the work as completed in the field, the related purchase order becomes part of an accounts payable batch in the builder’s ERP and posts as an invoice.  The trades no longer send in invoices, they are truly paid from PO and satisfactory work completion.

This process saves time and money for both the builder and the trade.  Many programs such as Newstar, BuildPro/SupplyPro, Sapphire Build, and others offer this great feature.  The Cornerstone team can help you roll this out in your organization.