for NetSuite

Retainage

Streamline Retainage Collection & Tracking with
Retainage for NetSuite

Manages specific retainage percentages for project contracts within NetSuite, and track and report in real time the amounts billed, retainage withheld and retainage claims due.

Retainage for NetSuite eliminates -

  • Delayed and incorrect billing to customers
  • Paying for mismanaged billing and receiving
  • Customer miscommunications and misunderstandings over retainage fees
  • And, the time it takes accounting to correct mistakes or perform complicated calculations from manual processes

Start collecting the retainage you contractually deserve, on-time every time, and automatically track your balances and payment schedules with ease in NetSuite.

Extending NetSuite Value

SOLUTION BENEFITS

Better
Visibility

_

Automated
Accounting

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Contractor Default Protection

_

Improved
Cash Flow

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More
Working Capital

_

Increased
Profits

_

What's Included?

SPECIAL FEATURES

CONTRACT TRACKING

Tracks retainage contract provisions for all projects

FEE INPUTTING

Streamlines time-intensive retainage fee inputting and tracking

REPORTING

Accurately reports retainage balances in real-time; no more guesswork

PAYMENT SCHEDULING

Manages due payment dates from customers to avoid costly payment delays

Do you need to manage specific retainage percentages for project contracts within NetSuite?

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