Accounts Receivable Retention Feature for the Construction Industry
Quadient AR's 'retention' or 'retainage' feature is built for construction companies.
Finance leaders in UK and Irish based construction firms have enough to contend with from economic pressures, political change, and rising material costs. Hence, the ability to organize invoices between retained and retained is vital for accurate cash flow forecasting. This is now possible through Quadient's leading Accounts Receivable automation platform.
Book a demo with one of the team today to see how we can help you meet your business cash flow needs as you complete project milestones.
Key features:
- Clear separation between regular invoices and retained invoices
- Closer links between your ERP and Quadient AR
- Flexible invoicing to suit flexible project billing
- More accurate cash flow forecasting and revenue recognition
- Enhanced business intelligence and reporting on project invoices
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