Paych: A new way to pay your subs and vendors

A big part of managing cash flow is sending and receiving payments. With Buildertrend Payments, you can do both faster and in one convenient location.

And now, with our newest integration, paying your subcontractors and vendors is as easy as sending an email. You send the payment, and we take care of the rest. Plus, your subs get to choose how they want to get paid.

To learn more about this updated payment experience, we talked to Emma Dickinson, one of our product managers. She’s got all the insider information and answers you need before getting started.

What was the main reason for enhancing Paych process for sending payments to subs and vendors?

We wanted builders to be able to pay all their subcontractors through Buildertrend, and with this update, the process is easy for both our customers and their subs. The new process for sending payments removes some big hurdles associated with paying subs previously.

What benefits are being added with the updated capabilities?

By removing some hurdles, we’ve added three key benefits:

• It’s free for subcontractors: Because sending payments through Buildertrend is a subscription builders pay for, there are no fees for subs or vendors.
• All e-checks are sent through email: This means subs don’t have to be active in Buildertrend to accept payments.
• Subs and vendors select how they get paid: They can choose from ACH, printing the check themselves or having a physical check printed and mailed to them.

Builders no longer have to remember how each sub wants to be paid, and they aren’t limited to paying only subs who set up ACH transfers. Sending payments is now as easy as sending an email.