We support end-to-end Pay-App Processing and Document Compliance with a multi-level approval process to drive efficiencies for your business. Our sol
The Benefits of DrawAlert for Lenders
- Reduced Time – Our collaborative platform validates all of the documents ready for payment, you are able to process draw requests more efficiently. This improves the processing time for the monthly draw cycle, greatly reducing the time spent on your loans.
- Visibility – Keeping the process transparent between all parties from the beginning to the end of the life cycle of the loan is one of our primary goals. Because of this transparency, you have visibility beyond the date down endorsement, so you know exactly what’s happening, and when, during the life of the loan.
- Risk Mitigation – DrawAlert began as a way to prevent stakeholders on a construction project from being caught off guard by common – and costly – errors. By utilizing the DrawAlert software, you’re mitigating the risk of these mistakes and improving the accuracy of your construction project.
As a lender on a DrawAlert project, you’ll also have full stakeholder visibility through the robust dashboard, receive draw notifications, and have access to all of the smart documents through our construction project management software. A DrawAlert Certified Project supports a professional and respectful business relationship between all stakeholders and helps to save time, reduce costs, and improve field results on every project.
For more information about DrawAlert, please request a demo today.