Managing AP across 200+ vendors requires centralized invoice routing, automated approval workflows, and job-cost coding to stay organized at scale. Platforms like Vergo address this by consolidating vendor invoices into a single queue with automated cost code mapping and ERP sync.
Construction projects take place across multiple distributed job sites, with materials and services procured locally by supervisors and foremen. This creates a disconnect between the field and the office, resulting in a sprawling network of vendors and a high volume of invoices to process manually. Many construction companies also rely on outdated ERP systems that can't handle the complexity of construction AP.
The disjointed AP process in construction leads to real business consequences:
Modern construction companies are automating their AP processes to gain control over vendor relationships and invoices. By integrating purpose-built construction finance software like Vergo, they can streamline invoice capture, approval workflows, and payment processing. This eliminates manual data entry, improves visibility, and gives the AP team more time to focus on strategic initiatives.
For example, one Vergo customer was able to cut their month-end close time from 10 days down to 5 by automating AP. They also reduced late payment penalties and recouped thousands in early payment discounts.
Vergo is a card-agnostic expense management platform built for construction. Connect any corporate or project credit card and get full visibility and control over field spending.
Automated AP gives you real-time visibility into job costs by capturing all vendor invoices in one system. This ensures accurate WIP reporting and prevents distorted job margins.
Yes, construction finance platforms like Vergo integrate with your existing ERP or accounting system to streamline AP without a full software replacement.
The implementation process is typically 4-6 weeks, with ongoing support to ensure a successful transition for your AP team.
Vergo provides flexible invoice capture options, including mobile app and email submission, to onboard even the most resistant vendors.