BUILT FOR PRELIEN PROS BY PRELIEN PROS
How does Prelien Pro
work for you?
> Make preliens and waivers a quick task rather than a dreaded chore.
> Leverage powerful payment remedies.
> Reduce costly errors.
> Get your team and your trade partners all on the same page.
"As a project coordinator, I always have that 'death by a thousand cuts' feeling but I didn't realize how much came from just going back and forth with preliens and waivers until I started using your software!" -Travis D."
Typical Industry Challenge:
50% of all payments in construction are consistently outside of contractual terms
Construction Fact:
Contractors who have an established right to lien a project are most often prioritized during payment cycles than those without an established lien right
PrelienPro’s Features to Help Get You Paid:
Establish Lien and Bond Claim Rights
Every state has laws that help contractors get paid and Prelien Pro has the statutorily correct documents you need, whether you're creating them yourself (DIY) or delegating to one of our top-tier lien companies, we have you covered!
Escalated Remedies at Your Fingertips
In construction, the consequences of non-payment on a project are very real. Access professional preparation of mechanic's liens, bond claims, stop notices, notices of intent, and more.
Streamline Collection of Waivers
Prelien Pro gives you the tools to rapidly collaborate with vendors to secure waivers, with dashboard visibility in to who, what, when, and how much so you can get paid faster
"Managing the plethora of lien documents we receive per project, validating for errors, communicting with trade partners and suppliers of
said errors, scanning, and saving each document is cumbersome and time consuming" - Debbie S.
Typical Industry Challenge:
Contractors can engage in hundreds of interactions with trade partners and suppliers on preliens, lien waivers, other lien related documents per project to manage errors.
Construction Fact:
Contractors who submit incorrect lien documents can not only delay their own payment, but also the payment to other trades or suppliers with a simple typo.
PrelienPro’s Features that Help Minimize Errors & Maximize Efficiency:
Standardize Your Team’s Workflow
Whether your current process is a collaborative effort across functional teams or a single team member handles it all, standardization increases effectiveness and minimizes issues when process dynamics or people change.
Ensure the Project Team is on the Same Page
Quite often, lower-tier contractors and suppliers are left scrambling for accurate project prelien information. Significantly reduce the dreaded back-and-forth "telephone game"so your team can move on to bigger things.
Minimize Innacurate Data
By using "enter once, use everywhere" project data, you can significantly reduce miscommunication, rework, and cascading clerical errors.
"Our back office and accounting teams are really stretched to the limit so every moment I can save them not only let's them get back to the important big-picture stuff they love, but I've found it also reduces feelings of burn-out."-Kathrynn Z.
Typical Industry Challenge:
Contractors can spend nearly 4 full weeks(180+hours) managing inbound lien documents with trade partners and suppliers on preliens, lien waivers, mechanic’s liens and bond claims per project.
Construction Fact:
Many individuals are wearing mutliple hats to manage the work force shortage-causing strain and anguish with dedicated, loyal employees.
PrelienPro’s Features that Help Save Time:
Receive Inbound Documents with a Single Click
From a list of vendors and trade partners, you can receive and upload waivers, preliens, and even escalations like mechanic's liens--all while notating errors and return via email for corrections.
Ensure the Project Team is on the Same Page
Quite often, lower-tier contractors and suppliers are left scrambling for accurate project prelien information. Significantly reduce the dreaded back-and-forth "telephone game"so your team can move on to bigger things.
Document Errors on Lien Documents
When a downstream partner sends an incorrect prelien or lien waiver, easily catalog and communicate errors to keep the pay app process moving.
Digging deeper:
Understanding how other construction firms approach lien rights
We've identified four lien rights management approaches
Reactive | Proprietary | Elevated | Profesional
Reactive Approach:
> typical of some smaller mature (and most emerging) contracting firms
> little or no established process
> create waivers manually with every pay app
> track just the basics with a spreadsheet, if at all
> look to payment remedies only after serious issues arise
> project information sheets (jobsheets) are rarely created or shared with downstrean trade partners
CHALLENGES: With no strategy or tools in place, increased risk exposure is significantly elevated
Proprietary Approach:
> very common with many established GCs and specialty trades
> process has changed little in years
> often handled by a single long term employee who also wears many other organizational hats
> everything tracked with a series of spreadsheets, and only one or two people have the knowledge to use them
> may use a lien / notice-to-owner company to prepare preliens and mechanic's liens, or may DIY with high likelihood of potentially costly errors
> project information sheets (jobsheets) created manually with every project
CHALLENGES: Visibility, usability, and effectiveness may be lacking, often leading to risk-exposed projects--especially with staff turnover
Elevated Approach:
> increasingly common with more modern contractors and larger GCs
> trainable process using established operating procedures
> responsibilities distrubuted across functional teams, mostly under the purview of accounting
> document creation, collaboration, and tracking using cherry-picked software functionality and various work-arounds
> typically uses a lien / notice-to-owner company to prepare preliens and mechanic's liens, with fall-back legal services
> project information sheets (jobsheets) likely still created manually with every project
> available payment remedies and strategies part of overall risk management focused culture
CHALLENGES: Coordination between field and office can be lacking (particularly on change orders or new vendors) which can lead to inefficiencies, accountablity problems, and increased financial risk exposure
Professional Approach:
> the Prelien Pro way!
> documented, repeatable, standardized workflows--especially important with staff turnover
> internal teams and trade partners access common lien related resources
> document creation, collaboration, and tracking using a single best-in-class application
> options for DIY preliens (with or without managed mail services) or send to top lien companies for service
> jobsheets quickly created from stored project information and emailed directly to trade partners
> leverage payment remedies and see downstream prelien, waiver, and mechanic's lien activity at-a-glance
OPPORTUNITIES: Decreased risk exposure, minimized errors, increased visibility and accountability
"We've had some very high-profile projects go unexpectedly sideways lately which made us realize how important it is to proactively protect ourselves. "-Debbie M.