The whole source-to-pay cycle, from tender to final payment. Plus three things general systems lack: a prompt-payment clock, lien holdback kept apart from retention, and bonds held per contract. Built for construction and engineering firms.
General procurement tools carry none of these. So construction buyers end up in spreadsheets, right where the money and legal risk are highest.
A proper invoice starts a legal clock. Pay late and interest runs. Miss the notice-of-non-payment window and you lose the right to withhold. A general AP process knows neither.
Retention is a commercial term you agreed and can change. Holdback is set by law. It is held on every payment and released after the lien period. Mix them up and you misstate what is owed, and when.
A bond has an amount, a surety and an expiry date, for one contract. It cannot be a certificate filed against a supplier. An expired bond on a live site is an uninsured site.
Under Ontario's Construction Act, and similar laws elsewhere, a proper invoice sets a pay-by date. It also opens a shorter window to serve a notice of non-payment. Atlas tracks both for your regime.
Atlas already handled commercial retention on milestones. Holdback is different. The law imposes it to protect lien rights. It is held from every payment and released only after the lien period. Atlas keeps the two apart. Each payment shows its own holdback, separate from retention, and when it comes back.
A bond belongs to one contract. It has an amount, a surety and an expiry date. Atlas holds it that way, not as a supplier certificate. So you can see the cover on a live job, and a lapse is hard to miss.
A construction tender is rarely one line. Atlas runs one sealed event, split into lots by trade, package or phase. A committee evaluates the bids. Each lot is awarded separately, with subcontractors named against the event.
Construction is paid in stages. The milestone schedule sits on the contract. Each milestone is achieved, certified, then invoiced. It is matched three ways before money moves. Retention sits on the milestone, and holdback is recorded against each payment.
Atlas refuses a lot here, on purpose, and every refusal carries its reason on the screen. These are the ones this industry meets, in the words the screen actually uses — so that meeting one is a thirty-second fix rather than a support call.
Every one of these is also written into the guidance drawer on the screen it happens on, and into the process guides your own workspace generates — so a person who meets it at four o’clock on a Friday does not need us, or you.
Payment clocks, notice windows and holdback release are only as right as the regime behind them. So Atlas will not invent one. Until your administrator confirms the numbers, the screens ask for them. The figures we ship are a starting point you check. Atlas is a system of record, not legal advice, and its documents say so.
A short demo on your own regime, lots and milestones. Tender, award, certify, holdback and final payment, with the clock running. The construction pack is included in every Atlas licence, along with the rest of the system.
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