BOQPAY for each user
BOQPAY provides tangible benefits to all the role players in the construction value chain by reducing friction, reducing risks, increasing efficiency and managing compliance. BOQPay is a robust , scaleable protocol that delivers best in class security, User experience and real time reporting on all aspects of the construction loan process.
Builder
BOQPay provides the Builder with ring-fenced working capital to deliver the project to specification and budget. Manage Tenders, Quotes, Orders, Approvals, Client Finishes, Draw downs and Payments. Access pricing from Vendors. Access templates and manage your compliance and workflows in one seamless application. Import and export data, link your existing software and increase your ability to deliver on time whilst liberating your Cashflow by allowing BOQ-PAY to facilitate payment directly from the Lender to the Vendor. Increase your margins and reduce your administration.
Client
BOQPAY enables the Client to manage tenders, apply for finance, manage approvals, browse and select finishes, manage payments, snags and view real time progress on their project.
Bank
BOQPAY provides a payment rail built on a rules engine that reduces the lenders risks, increases interim interest income, reduces loan administration workload, provides compliance management and streamlined account management including customizable workflows and approvals.
Vendor
BOQPay provides Vendors with access to market. Guaranteed payment terms and streamlined workflows to manage quotes, orders and pipeline.