Today, SubBase, the centralized technology platform simplifying outdated workflows in construction materials management, announces its newest feature: invoice reconciliation.
For many trade contractors, reconciling invoices from multiple vendors can be incredibly time consuming and tedious. Tracking down proper backup can take hours if not days, and as a result, budgets fall behind. SubBase’s new module solves the everyday pains of manual invoice reconciliation by automatically streamlining all invoices into the platform. SubBase parses the documents to pair with purchase orders and delivery tickets and creates an automated log where users can stay updated with the status of invoices in real time.
From there, users working inside SubBase can completely digitize the workflow, assign invoices to team members who can approve or reject on the spot with required backup. Once approved SubBase will trigger a notification to an accounting team member who can then seamlessly sync it with their accounting or project management systems.
"Utilizing SubBase for our material procurement has streamlined the daily and weekly process of ordering critical materials needed to maintain field productivity,” said RayC Southern, Operations Manager at Baker Concrete. “SubBase not only reduces the number of steps required to order material through various local suppliers, it also organizes and consolidates purchase orders in a manner that simplifies the process of reviewing and approving costs. Over time it provides critical information regarding the quantity of items ordered and insights on historical cost so we can make the most cost-effective decisions in the future. SubBase has become our gold standard for materials management in the Baker Southeast region, and we’re excited for the new features to come!”
SubBase is providing a true end to end solution, centralizing the entire order management workflow. The user-friendly interface increases efficiency, communication, and organization – providing the best experience and saving time and money while streamlining procurement for both contractors and vendors. The B2B platform is not only focusing on subcontractors but is taking a very deep dive into the complex workflows to help vendors streamline their operations by providing the tools needed to keep their customers happy, engaged and orders flowing.
“Ordering materials in construction is complex. One single purchase touches the hands of at least five people. We are working with some of the top minds in construction to deeply understand the inefficiencies of the current system and use those insights to provide the best experience for both vendors and subcontractors,” said Eric Helitzer, LEED AP SubBase Founder and CEO. “We are excited for the future of material management and are thrilled to be improving the experience and bottom line for everyone touching the procurement process.”
Get rid of outdated processes and manage all materials across all projects in one space with SubBase, the most valuable tool on the jobsite. Learn more at https://subbase.io/.
SubBase is a B2B platform for specialty contractors and material distributors to transact. The centralized, workflow driven platform provides user-friendly SaaS (Software as a Service) tools to let each side of the marketplace manage every step of the purchasing process, reducing time and saving money while eliminating mistakes. With SubBase, contractors can better maintain relationships with their vendors while eliminating the chaos of the current material supply chain. To learn more about SubBase visit https://subbase.io/ and follow SubBase on LinkedIn, Facebook, and Instagram.