CONSTRUCTION PAYMENT MANAGEMENT SYSTEM AND METHOD WITH DOCUMENT EXCHANGE FEATURES

摘要

Systems and methods for managing a construction payment process. One cons truction of the system includes a computer readable memory and a software en abled user interface. A process is configured to display to a payee via the user interface an electronic notification of a pending payment and a request for an electronically signed document such as a lien waiver. The processor of this construction is further configured to receive the electronically sig ned document, store it to a computer readable memory, and initiate payment. In some constructions, the processor is further configured to display the el ectronically signed document to the payer only after payment has been initia ted. In some constructions, the processor is further configured to verify th at requirements are fulfilled before initiating payment.