top of page

Construction Receivables and Payables

MX Buld Logo

Expense management redefined.

Never miss a receipt again.

Enable your team to effortlessly carry out project-related purchases while maintaining control of your financial plans, and enjoy 1% Cash Back on certain transactions.

Integrated expense reporting via text message.

Manage your budget.

Issue project-specific cards to easily categorize expenses. Map transactions to your budget and avoid overspending.

Control spend proactively.

Set smart limits and add balance with one click. Empower your teams to spend and stay accountable.

Real time visibility

Get instant notifications, see transactions as they happen. No more reconciling POs and expense reports at the end of the month.

Meet MX Build SmartPay

We help construction companies to automate lien waivers by integrating and embedding compliance into payments. Our modern, streamlined process reduces time spent on administrative tasks and helps you to pay subcontractors faster and more efficiently - with less risk.

MX Build SmartPay
Embeded compliance and conditionality

We’ve fully embedded compliance sign-offs, like lien waivers, and documentation requirements as conditions for each payment in SmartPay.

Escrow makes it easier

SmartPay transforms each payment into an escrow transaction that does not and cannot be released until both the payor and payee are satisfied from a compliance standpoint.

Documentation and dispersing dollars

We track document submissions, tied to systematic payment conditionality, like lien waivers, W9’s and insurance forms as triggers for payments. Then, payments are settled and disturbed via ACH, virtual cards, or paper checks. The consolidated documents are gathered and stored for ease of access and seamless verifications.

The SmartPay difference

Streamline payments by automating and embedding lien waivers, ensuring systematic compliance. With comprehensive cash management capabilities, confidently send payments without constant manual reconciliation. SmartPay facilitates faster payments for trade partners while enhancing fund management and minimizing risk.

!

Let’s Connect

We can help you power your business with innovative solutions based on your specific needs.
bottom of page