Verification and Release of Funds
PayKeeper's system ensures that every milestone related to your commercial construction is meticulously verified before any payout. This guarantees that payments are released promptly upon the completion of each phase. For instance, once the building's structural framing is completed and inspected, the corresponding funds will be released from escrow.
Direct Pay to Subcontractors and Suppliers
With PayKeeper's Direct Pay functionality, payments can be made directly from the escrow to subcontractors and suppliers. This ensures that everyone involved in the project, from material suppliers to specialized subcontractors, receives their payments on time, reducing administrative hassles and ensuring smooth project progression.
Why Choose PayKeeper?
- Contractors use PayKeeper to stop chasing money, reduce collections hassle, and increase trust with their clients. Automate a traditionally manual process that give most contractors endless headaches
- FDIC Insured Escrow Accounts – PayKeeper ensures that funds are securely held in escrow until milestones are verified, reducing slow pay and eliminating collections risk
- Hassle-free Transactions- PayKeeper simplifies financial transactions, reducing administrative burdens and enabling contractors to focus on their craft rather than payment logistics
- Client Peace of Mind – Using PayKeeper separates you from the bad actors – guaranteeing the financial integrity of your project in your client’s eyes. Build trust and strong, long term relationships with PayKeeper