Progress claims
Prepares and checks progress claims and variations against the work completed.
Progress claims & variations
Construction Finance Worker
Cost control from tender to final claim.
Owns the money side of a construction programme the reconciliation between what was priced, what was built and what was paid.
Capabilities
What Construction Finance handles.
Six things the Construction Finance Worker owns, every day, across your business.
Subcontractor payments
Manages subcontractor payment claims, retentions and releases.
Subcontractor payments & retentions
WIP and cost-to-complete
Keeps work in progress and cost-to-complete current for every project.
WIP and cost-to-complete
Margin alerts
Warns when margin starts to erode, with the cost codes driving it.
Margin erosion alerts
Ledger reconciliation
Reconciles project cost codes to the general ledger automatically.
Cost codes reconciled to the ledger
Cashflow forecasting
Forecasts cashflow by project from claims, commitments and the programme.
Cashflow forecasting by project
How it works
From connected data to action.
- 1
Connects
Reads contracts, cost codes, claims and ledger data.
- 2
Reconciles
Matches what was priced, what was built and what was paid.
Real-time comparisonLive
Progress claims
- 3
Alerts
Flags margin erosion and cash risk early.
Risk identified
Retention release overdue on Subcontract 14
Likely impact: MediumAlert details - 4
Reports
Produces WIP, cashflow and project finance reports.
Action routed
Prepare the retention release
- Owner
- Project Accountant
- Status
- Tracked to closure
Outcomes
What changes for your team.
Protected margin
Erosion is visible while it can still be corrected.
Faster claims
Claims are prepared and checked in a fraction of the time.
Clean month-end
Project costs reconcile to the ledger without manual work.
On the current release plan shown as architecture, not shipped capability.
Connects to
Works with the data you already have.
Runs on the HIVENOX Brain alongside every other Worker the same data model, the same governance and the same memory.
ERP and general ledger- Cost reports
Contracts- Subcontract claims
Programme- Bank feeds
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