ORCA · Construction Receivables
Milestone billing should not mean milestone-sized cash gaps.
Construction receivables rarely move from invoice to payment in a straight line. Payment often depends on completed work, approved measurements, issued certificates, submitted documents, retention terms, and several stakeholder sign-offs.
An RA (Running Account) bill, for instance, only gets certified once a site engineer verifies the measured quantity, and the 5-10% retention held back is not released until the defect liability period ends. Fiscor helps contractors understand exactly where payment is blocked and what should happen next.
Dependencies
Track dependencies, not just due dates.
An overdue invoice may still be waiting on certification, a revised bill, released retention, or confirmation from the site team. Fiscor connects the payment follow-up to the operational dependency behind it.
- Certification of completed work
- A revised RA bill
- Released retention
- Confirmation from the site team
Coordination
Coordinate across project and finance teams.
Construction collections often requires information from project managers, commercial teams, clients, consultants, and finance.
Fiscor keeps the account context together and routes exceptions to the right owner. The finance team does not need to rebuild the story each time it follows up.
Visibility
Improve project-level cash visibility.
A company-wide ageing report can hide which projects are creating the largest working-capital strain.
Typical
- One company-wide ageing report
- Hides which projects create the largest strain
- No project-level view of risk
Fiscor
- Expected cash by project and customer
- Open approvals, disputes, and retention visible together
- Commitments tracked at the project and customer level
Consistency
Follow up consistently through long cycles.
Long payment processes make it easy for communication to become irregular.
- Reminders and commitments coordinated across the full cycle
- Human involvement preserved for negotiations
- Human involvement preserved for commercial disputes
Ready when you are
See where your construction receivables are actually blocked.
Bring your open RA bills, retention schedule, and project ageing. We will show you how Fiscor tracks the real dependency behind every outstanding invoice.