Transforming the Billing Process for Utilities and Contractors
Bringing Efficiency and Speed to Invoicing
The billing and invoicing process for utilities and contractors has long been complex, manual, and error-prone, with rejection rates sometimes reaching 50%. This inefficiency delays project closeouts, hinders forecasting, and impacts KPIs such as timelines and budgets.
With LocusviewINVOICE, utilities and contractors can eliminate inefficiencies in the billing and invoicing process. By leveraging accurate, validated as-built data, LocusviewINVOICE automates invoice creation, reducing human errors and ensuring faster, more accurate billing. This solution accelerates project closeout, enhances transparency, and streamlines invoicing workflows.
Enhancing Cash Flow and Reducing Delays
LocusviewINVOICE speeds up invoicing cycles and ensures accuracy, leading to quicker project closeouts and payments. Automating invoice creation and integrating with systems of record optimizes cash flow and reduces delays, allowing contractors and utilities to work more efficiently and confidently.
Through real-time tracking and updates, contractors and utilities gain greater visibility into the invoicing process, helping to avoid bottlenecks and reducing the risk of disputes over billing discrepancies. This transparency allows both parties to resolve issues quickly, leading to faster approval and payment cycles. With LocusviewINVOICE, delays caused by manual invoicing processes and miscommunication between teams are drastically reduced, making it easier for contractors and utilities to stay on track and within budget.
Integrated Workflow
LocusviewINSPECT features an integrated workflow that ties inspections to the broader construction processes, linking inspection results to the relevant assets, personnel, and tasks. The platform ensures that operators are qualified for every required task with real-time Operator Qualification (OQ) verification, which reduces compliance risks and enhances safety. It also provides optimized data collection through forms and validations, guaranteeing that all data collected is complete and accurate. For those looking to reduce the need for on-site visits, LocusviewINSPECT allows for remote inspections, leveraging real-time data to perform assessments without being physically present. Automated notifications keep back-office teams updated on inspection statuses, helping to streamline communication and accelerate follow-up actions.
Key Features
Pay Sheet Previews
Automated Pay Sheet Creation
Contractor + Utility Review and Approve
Utility and Contractor System Update
The Future of Invoicing
LocusviewINVOICE represents the future of utility and contractor invoicing. Automating the invoicing process and leveraging real-time data not only improves accuracy but also accelerates project timelines and strengthens financial management. This powerful solution streamlines invoicing, allowing utilities to automate their closeout process while enabling contractors to focus on delivering successful projects, free from the constraints of outdated manual invoicing practices. LocusviewINVOICE is transforming how utilities and contractors manage invoicing, offering a faster, more efficient, and more precise approach to project completion and financial reconciliation.