Credit Where Due
Before paying for a fix, deduct what would have happened anyway.
The job
Decide how much of a claimed improvement a team, contractor or vendor actually earned, with evidence both sides accept and sign, and claw it back if it fades.
The moment
The contractor claims -40% to unlock the retention money. The note strikes the claim through, then deducts line by line: control districts fell too because the rains ended (-40% becomes -20%), 8 points moved to another category (-12%), mix shift (-11%). Net credit -11% (6-15%); Net payable: 30% of retention is stamped in red, with a pre-dated day-90 invoice beneath. The contractor signs because the evidence is on screen.
What it does
- File a claim and lock controls
- Record the credit note
- Send the note for two-person approval
- Queue the release or clawback with finance
- Open a deduction's tickets
What you see
A credit note: the claim struck through, itemised deductions, net payable stamped, and a pre-dated day-90 clawback invoice
What it moves
Dollars of retention, bonus or gain-share paid per point of verified net improvement, and the share of payouts backed by a signed credit note
Built for
- Finance
- Partners & ecosystem
