If you fund or manage construction projects, we think you deserve to know exactly who your stakeholders are, how to protect yourself from risks, how to save money throughout the project, and how to achieve the very best results on your construction projects. We believe that transparency builds trust, and DrawAlert ensures stakeholder collaboration on construction projects to keep true to that promise.
DrawAlert: Democratizing the Construction Industry
You may be used to, or comfortable with, the tried and true methods and best practices that the construction industry has used for decades. But at DrawAlert, we’re ready to change the construction industry for the better, and we know it comes with a complete overhaul. That’s why we created DrawAlert, the market’s leading owner/lender construction funding risk mitigation tool on the market. This easy-to- use tool uses a clear process within a cloud-based dashboard to map out and organize the life cycle of your construction projects.
1. Construction Status Transparency
So, what exactly can you see and keep track of on your cloud-based dashboard with DrawAlert? You can keep track of the status of each and every one of your projects, as well as a breakdown of all of the documents involved in that project. Our collaborative dashboard provides complete transparency by enabling owners to ensure projects are aligning with any given business goal. Because all of your documents are together in the same space, you’ll reduce the risk of inaccurate data, ultimately saving you time and money on a construction project.
2. Payment Information Transparency
One of DrawAlert’s many advantages is the ability to notify all stakeholders when a draw payments are made. It’s simple: the owner makes a note in DrawAlert when a payment goes out, and stakeholders are notified by email so everyone knows when they’ll get paid. Not only can owners keep track of exactly what’s happening during the construction project, the collaborative, cloud-based software allows anyone on the project to login at any time to see the status of the draws.
3. General Contractor & Subcontractor Transparency
The transparency between project owners, lenders, general contractors, and subcontractors while using DrawAlert not only encourages communication within the team, though. It also helps managers stay on top of their responsibilities and builds confidence from day one of your project with subcontractors and suppliers. One of our favorite DrawAlert features is the peer-rated directory, which helps you choose the very best contractors for the job.
Save Time, Reduce Costs, Improve Results
DrawAlert saves you time, reduces the costs, as well as improves the end results of your construction projects. Having all of your documents in one convenient place allows you to see the full picture of a project and puts you in control of every aspect of the construction process. Experience a more streamlined process as well as a transparent, professional, and respectful business relationship between all stakeholders on your construction projects when you use DrawAlert.
The 3.0 version of DrawAlert is coming soon, and with it, new ways for you to experience the advantages of transparency during a construction project. Support construction best-practices and invest in transparency with DrawAlert.