Name: Flashtract
Brand: Flashtract, Inc.
SKU: 68a22f8e40dc6753ba95c5b5
Rating: 4.9 (46 reviews)

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Flashtract

By Flashtract, Inc.

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Construction Scheduling Software

Overview of Flashtract Software Company

Flashtract is a cloud-based billing automation platform designed specifically for the construction industry. It streamlines payment applications, lien waivers, compliance tracking, and subcontractor management. The software bridges the gap between project management tools and accounting systems, helping contractors reduce manual work and legal risk.

Headquarters: Atlanta, Georgia

Industry: Construction Technology, FinTech, SaaS

Parent Company: Trimble Inc. (as of May 2024)

Founding and Growth

Founded: 2018 by Blair Chenault and Ben Conry

Launch: Official product release in 2020

Early Support: Mentored by Auburn University’s New Venture Accelerator

Growth Highlights:
- 300% increase in payment application volume in 2021
- 400% increase in total dollars billed by customers
- Expanded operations across multiple U.S. states including Texas, Florida, and California

Product Offerings and Features

Flashtract’s platform is tailored for both general contractors and subcontractors:

Core Features:

Automated Payment Applications: Eliminates manual math errors

Lien Waiver Generation: Includes conditional and unconditional waivers

Compliance Tracking: Insurance, W9s, subcontract agreements

ACH Payments: Direct payments through the platform

ERP Integrations: Works with Sage 300, CMiC, Procore, Vista, and more

Document Templates: Customizable billing and compliance forms

Second-Tier Billing: Supports subcontractor-of-subcontractor workflows

Flashtract AI and New Features

Flashtract has consistently rolled out updates to improve usability and integration:

Compliance Comments: Enables communication around non-compliant items

Partial Payments: More flexible billing options

SOV Redesign: Streamlined Schedule of Values setup with ERP mapping

Billing Period Flexibility: Easier reopening and control of billing cycles

E-Notary Support: For specialty contractors needing notarized documents

Automated SSOV Push to Procore: Reduces manual syncing errors

Company Culture and Values

Flashtract’s culture is rooted in collaboration, creativity, and customer-centricity:

Team Ethos: Employees describe a supportive, mission-driven environment

Work Style: Flexible schedules, remote-friendly, and inclusive

Values:
- Simplicity in design
- Transparency in communication
- Empowerment through technology
Employee Perks: Unlimited PTO, early benefit coverage, and team-building activities

User Base and Community

Flashtract serves a wide range of construction professionals:

Primary Users: General contractors, subcontractors, suppliers

Community Engagement:
- Active support forums and feature request boards
- Dedicated help centers for different user types
- Thousands of contractors managing billions in payments monthly
Customer Support: Live chat, phone, and training resources available 8 AM–8 PM ET