A construction project team needs to track the status of compliance documents, including contractor insurance policies, lien waivers, licensing, and bonds. They may be required to turn in in closeout documents, insurance audits, payment applications, and much more. Add to that the fact that these documents can come from a variety of sources and at different times and it is easy to see how difficult it can be to keep them all in one spot.

That is just one of the advantages of using Fund Control. Our software offers simple ways for everyone to communicate. If you are interested in your free demo, contact us now at info@eclsoftware.com or 800-625-5972.

All Compliance Documents Can be Stored in One Location

The best way to handle contractor compliance documents, whether you are a private equity firm or a mortgage company. It is hard enough to find the exact document you need without having to look through a dozen locations. This is especially true as people begin to work from home and are no longer at the main office or even the job site offices.

You can choose a cloud storage system but these do not necessarily offer the security that is required. It can also be challenging to give people permission to the documents they need. At Fund Control, we can add people via roles. This means that you can indicate that people of a certain role, such as construction managers, have access to certain documents. When you get a new construction manager, you simply assign them this role and they will have access to the documents you have designated as necessary to their role. This makes onboarding very easy.

We Can Help You Track What Documents Are Needed

This refers to two things. First, we can help you determine which documents are needed in the first place. At Fund Control we allow you to customize your software in literally hundreds of ways. We also follow best practices and regulation changes in real time, which means we are always here to offer you the latest, most updated information on what compliance documents you should be requesting.

Second, we can also track what documents you have received and which ones are needed. Once most of your documents have come in, it can be difficult to immediately know what documents have not come in. Our software can do that.

Call Us Today to Get Started with Fund Control

If you are ready to move forward and find out more about how we can help you with contractor compliance documents and much more, contact Fund Control at 800-625-5972