Construction Payment Software

Payments

Digitize and automate payment management, retentions and recommendations.

GIF of a user creating a payment record, applying retention, updating status, and viewing it in the payment register.
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Control project payments with confidence

Track, manage, and report on construction payments with full visibility across every contract and budget line. Record progress payments, manage contract changes, and keep financial data aligned with your project controls.

Bulk upload of contract PDF in Mastt with AI filling contract details automatically

Record payments against contracts with accuracy

Create payment records against approved contracts and change orders in minutes. Upload an invoice PDF and use AI to extract key payment details, reducing manual data entry.

📎 Add invoice amounts, reference numbers, and payment dates.

🧮 Apply retention and calculate net payment automatically.

📂 Attach supporting documents directly to each payment record.

Track payment status from draft to paid

Monitor the full payment lifecycle using structured status stages. Teams can see whether an invoice is Draft, Submitted, Approved, Rejected, or Paid, all in one system.

🔄 Update and manage payment status and invoices in real time.

📝 Maintain a clear record of approvals and edits.

🤝 Keep project managers, contract administrators, and finance teams aligned.

Executive Dashboard for Capital Improvement Programs
Executive Dashboard for Capital Improvement Programs

Generate payment certificates and maintain a central register

Produce payment certificates and recommendations aligned with your contract templates. All payments feed into a centralized payment register with linked documents and history.

📄 Generate payment certificates directly from payment records.

📊 Access a live payment register across projects.

📈 View payment data in dashboards and financial reports.

Flexible Pricing Plans

Become superhuman with AI today. Free to start, simple to scale.

Starter

Your first project is on us — no credit card required. Get started instantly with core tools.

Free
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Month-to-month

Professional

Flexible month-to-month plan, payable by credit card. Add projects as you grow and access free videos, training, and guides.

from $150

per month

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Enterprise

Full enterprise features, advanced security, and dedicated human rollout support.

Custom
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FAQs about Construction Payment Software

Construction payment software is a project management tool used to manage contractor invoices, retention, approvals, and disbursements. It connects payments to contracts and budgets, keeping costs accurate and visible.
Project managers, contract administrators, owners' representatives, cost controllers, and finance teams use payment software. It helps them track invoices, maintain documentation, and report on project spending.
Payment tools link invoices to approved contract values and budget lines. This reduces manual errors and gives teams real-time visibility into paid amounts and remaining balances.
Yes. Teams can apply retention to invoices and tie payments to approved change orders. This keeps contract totals and payment records aligned.
Payment records are stored in a centralized register with linked documents and status tracking, creating a reliable audit trail. Reports and dashboards provide visibility into payment status and overall project spending.

Other Great 
Payments
 Features our Customers Love

Commitment Management

Track approved contracts and budget allocations with full visibility over financial exposure. Keep commitments aligned with current forecasts.

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Actuals

Update actuals through ERP system integration that syncs live cost data into project budgets for accurate financial control.

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AI Payment Verification

Verify invoices with AI payment verification software that checks data accuracy, flags errors, and confirms compliance before approval across your financial workflow.

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Automated AI Invoice Scanning

Use automated AI invoice scanning to capture, read, and process invoice data with fast, accurate OCR for streamlined financial workflows.

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Invoice Management

Manage construction invoices with software that handles billing, approvals, processing, and payment tracking in one streamlined system.

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Progress Claim

Create and manage progress claims with clear tracking of contract sums, certified amounts, and payment status for construction projects.

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Andrew Benn, WSP Technical Director

"With Mastt, our client can see the status of the project anytime, reducing back and forth queries, and not having to wait until the end of the month to receive a monthly report."

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Rebecca White, RPS Program Manager

"Mastt has saved our team significant time and effort in managing the financials elements of 65+projects. The team now has total visibility over their individual projects as well as the overarching program of works."

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Erik Maasepp, Capital Insight Senior Project Manager

"Mastt takes away a lot of user error that spreadsheets bring. With Mastt, we are able to combine multiple projects into programs or portfolios for management level analysis and direction."

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CAPT. Dan Foley, Army Digital Transformation Manager

"Mastt is increasing the team’s tempo and productivity by enabling real time information across our portfolio of projects. This transparency is assisting us to make informed decisions, to identify opportunities and reduce the risk."

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Dan Atkins, Jacobs National Program Manager

"Mastt's ability to record critical financial information as well as program forecasted delivery and milestones put Jacobs in a favourable position to our clients."

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Mohammed Salameh, Compass' Associate Director

"Moving to Mastt is one of the best decisions my team has ever made. It’s cost-effective, easy to use, and a quick set up."

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Fergus Bruce, Project Manager at WSP

"A key factor in our decision to adopt Mastt is its user-friendliness. It had to continue to empower us to work smart, allowing us to consistently deliver excellence across multiple sectors and geographic regions."

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