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Progress Billing for Construction

Improve cash flow, mitigate risk, and improve communications with clients.

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Progress Billing for Construction screenshot in Projul construction management software

Increase cash flow with progress billing

Projul makes it easy to collect deposit invoices that cover material purchases and early labor costs on your jobs. Over 5,000 contractors use Projul to keep cash flowing from day one.

Ensure payments are made on time by allowing clients to spread payments throughout a project.

Bill for phases of projects individually to manage expenses and finances stress-free and in real-time.

Eliminate risk while building client trust

Projul’s progress billing protects you from absorbing the cost of material orders and canceled projects, bill for work completed and materials ordered. Contractors using Projul report a 32% average profit increase, partly because they stop leaving money on the table.

Provide clients with a detailed breakdown of work completed and billed to reduce disputes and provide clear documentation.

Avoid delays and disruptions to projects by securing project funds in advance and on time.

Customize invoices to meet your business needs

Projul lets you tailor each invoice to your unique business needs and client arrangements. With no per-user fees, your whole team can create and manage invoices without worrying about extra costs. Progress billing is available on Core+ and Pro plans.

Add flexibility to your invoicing process to account for all project types and payment schedules.

Build invoices directly from an estimate or change order, and create custom payment schedules based on your terms and conditions.

Works hand in hand with Projul’s invoicing tools

Progress billing is just one part of the picture. Standard invoicing handles your final bills and one-time charges, while service invoicing pulls tracked time and materials into invoices automatically. When your client is ready to pay, integrated payment processing lets them pay digitally from the invoice itself.

Frequently Asked Questions

What is progress billing?
Progress billing is a payment method used in construction where the contractor invoices the client at regular intervals based on the completion of specific project milestones or stages. This approach helps ensure that the contractor is paid for the work completed to date, rather than waiting until the entire project is finished.
How does progress billing work?
Progress billing works by breaking down the total cost of a construction project into smaller, manageable portions tied to specific phases or milestones. At each billing cycle, the contractor provides a detailed invoice reflecting the work completed during that period. The client then reviews and approves the invoice before making the payment. This process continues until the project is completed.
Why do construction companies progress bill?
Construction companies use progress payments to maintain a steady cash flow throughout the project. This method helps cover ongoing expenses such as labor, materials, and equipment. Additionally, progress billing reduces financial risk, ensures transparency, and fosters trust between the contractor and the client. It also encourages efficient project management and timely completion of work.
How does Projul help with progress billing?
Projul simplifies progress billing with tools built for contractors, rated 9.8 out of 10 on G2 for ease of use. Create detailed invoices based on project milestones, track payment statuses, and manage financial records, all in one place. The platform ensures accuracy, reduces admin work, and keeps clients informed throughout the project.
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