Our Subcon module is designed for construction, with main contractors in mind. It is fully BCA compliant and is able to handle progress claims, payment certificates, variation orders, rounding, batch payments for multiple invoices, and many others.
It is also a collaborative workspace where all information is centralised so that you don't have to perform manual data entry across different stages, accelerating your procurement and finance teams.
Many construction firms require onsite personnel to raise purchase requisitions but do not require them to be involved in pricing. Our module is developed such that they can raise a pre-requisition for approval before the procurement begins.
Your subcontractors, vendors and suppliers will be able to create claims, delivery orders, or create invoices directly from your orders and receipts.
Then, with our system-assisted 3-way Invoice Matching, you can identify discrepancies in documents across multiple parties/teams. As all your documents are in one place and a has detailed audit trail, rest assured that your financial data remains accurate.
We are also fully integrated with the local banks, so making or receiving payments is simple.
With Asia’s leading financial services group DBS and Tiong Seng Construction, Doxa Connex will empower construction firms to automate manual processes and digitise documentation.
UOB and Doxa signed a memorandum-of-understanding (MOU) with Kimly Construction on Thursday (Aug 18) for the execution of the trio’s first green trade finance transaction together.