Minimizing subcontractor compliance riskSage 100 ContractorSage 300 Construction and Real Estate

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$1,500,000 fine

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$1.5m

$37.5m

What’s your

story?

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Profit Risk Loss

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Are you wearing your seatbelt for subcontractor and vendor compliance?

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How are you managing compliance?

• Time-consuming, manual processes• Disconnected spreadsheets for tracking and

reference• Limited dialog between accounting and operations• Delayed communication with subcontractors

and vendors

How effective is your “seatbelt” in protecting your company?

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Objective

Identify Track Manage

Minimize your

vendor liability

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The risk is real

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The risk is broad

$80,000 lien loss = $2,000,000 additional revenue(at 4% margin)

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The risk is broad: Liability

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The risk is broad: Forfeiture

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Are you at risk?

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Compliance in today’s market

Fifty State Construction Lien and Bond Law

Third Edition

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Effective compliance management

Centralizes tracking

Automates vendor

requestsAlerts staff to issues A “fail-safe”

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Sage 100 Contractor

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Sage 100 ContractorCompliance capabilities

Final and miscellaneous documents

Certificates

Lien waiversPre-lien notices

Insurance

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Sage 100 ContractorPre-lien notices

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Sage 100 ContractorJob lien waivers

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Sage 100 ContractorLien waivers

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Sage 100 ContractorExpired certificates/insurance

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Sage 100 ContractorExpired certificates/insurance

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Sage 100 ContractorFinal documents

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Sage 100 ContractorMiscellaneous documents

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Sage 300 Construction and Real Estate

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Sage 300 ConstructionSubcontractor compliance

Final documentsCertified reports

InsuranceLien waivers

MiscellaneousVendor A

Job B

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Manage subcontractor compliance with less risk and hassle

• Keep uninsured workers off your job site

• Ensure lien waivers have been received

• Produce certified payroll reports with confidence

• Centrally track and manage all compliance requirements in one system

• Leverage automation and integration to shorten work and raise visibility

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Sage 300 ConstructionSubcontractor Compliance Hub

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Sage 300 ConstructionAccounts Payable Settings

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Sage 300 ConstructionPre-Liens

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Sage 300 ConstructionLien Waivers

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Sage 300 ConstructionCertified Reports

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Sage 300 ConstructionInsurance Certificates

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Sage 300 ConstructionMiscellaneous Compliance

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Sage 300 ConstructionFinal Compliance

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Sage 300 ConstructionSecondary Vendors

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Sage 300 ConstructionWarnings/ Blocks

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Sage 300 ConstructionMyAssistant

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Sage 300 ConstructionMyCommunicator

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Sage 100 Contractor

• Accounting• Estimating• Document management• Project management• Equipment management• Service management• Inventory management• Mobility: Sage Construction

Anywhere

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Sage 300 Construction and Real Estate

• Accounting• Estimating• MyAssistant• Document management• Project management• Service management• Property management• Mobility: Sage Construction

Anywhere

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From 2000-2014, Sage (and Timberline) were named technology enabler by our customers 48 times.

Trusted over 40 years

2001 20132002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2014

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Free resourcesFor risk management educational resources, visit:

Sage-Job-Ready.com

For our award-winning interactive ebook, search“Sage risk management” in the iPad app store.

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Questions?

Call us at 800-628-6583 or contact your Sage business partner.

Thank you!