DrawAlert: An Efficient, Collaborative Cloud-Based Solution
DrawAlert is the market’s leading owner and lender Construction Administration Software that supports end-to-end document management, full financial controls, and provides a vetted resource directory.
What began as a way to prevent common and costly errors now offers significant administrative time savings, hard cost reduction, full life cycle warranty tracking, and standardizes the process for ease of use by all stakeholders.
DrawAlert supports all stakeholders during the lifecycle of any construction project, from small tenant improvements to significant ground up projects.
Experience the Benefits of a Transparent Construction Process
Built for the industry, by industry experts, A DrawAlert Certified Project supports a transparent, professional, and respectful business relationship between all stakeholders on any given project. The robust, cloud-based dashboard allows all parties on a construction project to view project information at-a-glance, supporting efficiencies for all.
So, who exactly benefits from utilizing DrawAlert? All parties on a construction project. From lenders to owners, prime contractors and subcontractors, and even lien service companies, all parties have a transparent view of a streamlined, efficient construction process. By providing funding, financial controls, transparency and supporting document management, DrawAlert saves time, reduces costs, and improves results.
Archaic construction methods used paper, manual input spreadsheets, and email in a time-consuming, back-and-forth process, creating headaches and wasting time. With DrawAlert, experience an average of 100 hours of administrative time savings for the owner and general contractor – on ONE mid-sized project.
Money in construction matters, and funding transparency is the key to lowering your costs. With DrawAlert, subcontractors know there is funding transparency on a project and are likely to offer a more aggressive bid, resulting in 1-2% cost savings from major trades.
A transparent business practice for all parties promotes increased productivity and employee satisfaction. Thanks to DrawAlert’s draw notifications, contractors know they’re getting paid in a timely manner. With this feature, you’re able to get an ‘A Team’ of subcontractors on your projects and improve performance in the field.
Key Features of Draw Alert
Robust Project Dashboard
DrawAlert’s dashboard allows visibility on all information for all stakeholders, including key milestones, financials, and draw cycles.
Smart Document Portal
The Smart Document Portal supports virtually every document type, including contracts, plans and specs, waivers, Certificates of Insurance, and meeting notes.
Warranty Tracking with Alerts
DrawAlert maintains all warranty data and provides alerts at 60, 30, and 15 days – prior to warranty expiration for all trades and manufacturers.
Peer Rated Directory & Project Scorecard
DrawAlert’s Project Scorecard provides an unfiltered view from all stakeholders on a construction project.
Draw Notifications to All Stakeholders
DrawAlert notifies all stakeholders when a draw has been made, as well as supports prime contractor and subcontractor payment confirmation.
Standard & Tailored Reporting
DrawAlert provides 7 seven standard outputs and has the ability to tailor reports for customer needs.
DrawAlert can easily integrate with your current Accounting and Asset Management Systems for ease of use to reduce duplicate data input.
DrawAlert is configured to support projects in all 50 states and is enabled for multiple prime contractors, private commercial and local government projects.
DrawAlert supports a full audit trail of the release of funds, payment confirmation at the prime contractor, subcontractor, and supplier level, and supports a complete audit trail for construction projects.