Owner Benefits Using DrawAlert
As an owner of a construction project, protecting and tracking your funds through construction warranty management is one of your top priorities. DrawAlert makes this process easy, by opening communication between all parties of the project so ensure best practices, and provide time and cost savings to all of the stakeholders. One of the main goals that every DrawAlert project aims to accomplish is keeping your construction project transparent to all collaborators. By allowing everyone on a project to collaborate together, your construction project will get done more quickly and efficiently.
The Key Benefits of DrawAlert for Owners
While construction project lenders, contractors, and stakeholders utilize DrawAlert, there are a few key benefits that are tailored specifically to owners:
- Visibility – Transparency is key with DrawAlert, and being able to see who is responsible for what part of your project is a dynamic characteristic of the robust dashboard. From the stakeholders to the suppliers, every single party of your DrawAlert Certified Project has visibility to all documents and notes.
- Warranty Tracking– All of the warranties for your construction project stay in one place when you use DrawAlert. As an owner, you’ll receive alerts for warranties that are about to expire, and can access all of your warranties for the life of the warranty, not the life of your specific construction project.
- Improved Field Results – Adopting the DrawAlert philosophy that transparency supports construction site best practices not only saves you time and money, it improves your field results. By using DrawAlert’s Project Scorecard, you can easily find the best stakeholders, contractors and more for your projects.
You know as a construction owner that there is little room for error. By using DrawAlert, you’re able to save time, reduce costs, and improve the results of your construction project.
A simple, but effective way we like to keep a construction project transparent is through the DrawAlert peer-rated directory and project scorecard. This helps to identify and attract best-practices contractors across all 50 states. After each DrawAlert project, the owner, prime contractors, and subcontractors submit ratings for one another. These ratings are collected for you in the project scorecard, helping you assess overall project success and identify potential issues for future projects.
As an owner 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 documents available for the construction project. A DrawAlert Certified Project supports a professional and respectful business relationship between all stakeholders.
To learn more about DrawAlert – the fully transparent construction risk-mitigation software – contact us today.