Accounting Integration and Support
InSite360 is best when connected to your financial accounting program. InSite360 connects to most popular accounting programs. Currently, InSite360 connects to QuickBooks Pro, QuickBooks Enterprise, QuickBooks Contractor Edition, Sage 50 (Peachtree), Sage 100 (MasterBuilder), Sage 300 (Timberline), and ViewPoint.
InSite360 supplements your accounting system by helping your employees manage financial records. InSite360 provides one place for tracking activities such as amortization schedules, budgets, capital leases, cash receipts, property leases, and sales tax returns. This assists your accounting department in keeping all accounting information in one easy-to-access library.
Lein Waiver Tracking
A construction lien is a legal instrument and public record that states there is a valid, unpaid debt against the specific real estate named. The possibility of a lien arises whenever improvements are made to real estate in the course of construction or remodeling projects. The Preliminary Notice is usually the first requirement of a Construction lien. If proper payment is not received, then a warning letter, Notice of Intent to Lien, must be provided to the property owner before a Construction lien can be recorded. (Editor’s note: Some states do not require a warning Notice before a lien is recorded). Tracking these steps and insuring that the proper Lien Waiver is being executed in a timely manner is a required process. InSite360 insures that the waivers are on time and accounted for to keep your company from incurring unnecesssary costs and legal actions.
Certificates of Insurance
A certificate of insurance is a document used to provide information on specific insurance coverage. The certificate provides verification of the insurance and usually contains information on types and limits of coverage, insurance company, policy number, named insured, and the policies’ effective periods. Although the certificate should not be substituted for information contained in the actual insurance policies, it is usually a reliable source of information or proof of insurance coverage. Companies need to insure that certificates of insurance are up to date on every project and they can easily determine if a company has failed to obtain the proper insurance on a project. InSite360 helps companies keep track of certificates and expiration dates. You can set up insite360 to automatically notify you when certificates are about to expire in order to minimize adminstrative time.
InSite360 offers a number of ways to keep track of accounting documents and processes, including invoices, accounts receivable, cash receipts, lien waivers, certificates of insurance, accounting procedures, and vendors. This allows you to get an overview of how accounting procedures are being conducted. InSite360 provides lists that track these documents and processes by transaction type, customer, project number/name, amount of the invoice, invoice number, whether the invoice is partial or final, project name, date received, and the various certificates held by each vendor.