Payapps is designed to improve collaboration between subcontractors and builders, especially when it comes to progress payment claims. We also make it super-easy to store all your contract and compliance information in one place and integrate with your favourite accounting packages like QuickBooks MYOB, and Xero. In this quick video, our product specialist Simon Shields will show you just how easy it is to manage your retention payments using Payapps. Simon will show you how to:
Review your contact details and retention deals
Understand your Defect Liability Period and how it’s set up in Payapps
Understand retention release triggers and how they’re withheld and released
See the impact of variations on retention
Submit and confirm retention release