In modern construction company software, stage-based billing is a key feature that improves control over contract execution and cash flow. In Contractors.es, project stage billing is logical, transparent, and allows progress tracking to be linked with client invoicing in one place — increasing financial security and minimizing errors in documentation.
What is Stage-Based Billing?
Stage-based billing means dividing an entire construction contract into consecutive, logical phases, such as foundations, floors, roofing, or finishing works. Each phase represents a separate billing point, with a defined scope of work, value, progress, and associated invoices and payments.
Benefits of stage-based billing include:
clear division of tasks and responsibilities,
transparent control over contract progress,
alignment of payments with actual progress,
better planning of cash flow and company liquidity.
How Stage-Based Billing Works in Contractors.es
In Contractors.es, stage-based billing is integrated with the project module. Companies can define a sequence of stages according to the work schedule and link specific tasks and timelines to each stage.
Each stage displays:
the stage name and order,
completion percentage based on assigned tasks,
stage value relative to the entire contract,
amounts of advance payments or deposits,
final amount to be billed after work completion.
This setup allows construction companies to assign payments, invoices, and settlements to specific project stages, providing full billing transparency and enabling clients to see actual project progress.
Financial Security and Control
Stage-based billing in Contractors.es is not only convenient but also ensures financial security. Dividing a contract into stages allows companies to:
manage stage payments, e.g., advance payments and final settlements only after work completion,
maintain financial liquidity, since advances arrive before work is finished,
avoid uncontrolled costs, as each invoice and payment is tied to a specific phase,
monitor the project continuously through real-time status updates and reports.
This approach minimizes delays and accounting errors, as each stage has a clearly defined value and payment status.
Advantages of Stage-Based Billing in Contractors.es
Process Transparency
Project stages are clearly described and linked to specific tasks — from project initiation to completion.Easy Schedule Planning
Stages can be synchronized with the work schedule, simplifying control over deadlines and task order.Financial Control
Stage billing allows partial invoicing and precise management of inflows and expenses at each project stage.Full Data Integration
All information on stages, tasks, and billing is available in one system — no need for multiple tools.
Summary
Stage-based billing in Contractors.es enables construction companies to manage contracts in a transparent, secure, and financially controlled way. Dividing projects into stages facilitates progress tracking, cost and schedule planning, and aligning payments with actual project completion – resulting in improved financial stability and overall operational efficiency.