Financial Management System

Manage contractor payouts, salaries, and project expenses

Financial Management Pain Points & Solutions

Payment Issue Resolution

Payment issues resolved through milestone tracking. ₹250/sq ft auto-calculated.

Contractor Hiring Management

Structured contractor hiring with rating system. New contractors trained properly.

Drawing Management

Payment linked to approved drawings. No payment without proper drawing verification.

Business Loss Prevention

Contractor number exchange prevented. All payments processed through CRM only.

Payments (3)

Raj Construction

Downtown Complex

contractor payout
completed
₹125,000
Due: 2025-03-15
Foundation Completed
high

Anil Sharma

salary
pending
₹75,000
Due: 2025-04-05
Monthly Salary
high

Downtown Complex

material payment
overdue
₹85,000
Due: 2025-03-10
Material Delivery
urgent

Payment Details #1

Foundation work completion payment

contractor payout
completed

Payment Information

Description:Foundation work completion payment
Amount:₹125,000
Status:
completed
Due Date:2025-03-15
Issued Date:2025-03-10
Paid Date:2025-03-14
Payment Method:bank transfer
Reference Number:BANK123456

Project Details

Milestone:Foundation Completed
Approved By:Manager
Approved Date:2025-03-09
Project:Downtown Complex
Site:Site A
Type:contractor payout
Category:
construction
Priority:
high

Notes

Payment for foundation work as per contract terms. Drawing verified by site engineer.

Attachments

foundation-completion-cert.pdf

Note: Direct phone number sharing is prohibited. All communication must go through CRM system.

Payment Schedule

Salary Payments
Monthly by 5th
Automatic
Milestone Payments
Upon completion + inspection
Conditional
Festival Bonuses
Before Diwali
Annual

Ensure all milestone payments are linked to approved drawings and completed work verification.