CCornerstone
Construction payment management

Prepare, review and track construction payments — all in one place.

Cornerstone helps general contractors manage monthly pay applications from contract setup through final payment. Your Schedule of Values (SOV), change orders, billing, retainage and approvals stay connected — with a clear record of every change.

See How It Works
Workflow stages
7
Approvals
Role-based
Audit trail
Complete
The problem

Monthly payment applications should not be a spreadsheet exercise.

When contract values, change orders and monthly billing live in different files, mistakes are easy to make and hard to track.

Too many spreadsheets

SOVs, change orders and billing often live in separate files and email threads.

Errors found too late

Overbilling, incorrect previous billing and retainage mistakes can delay approval and payment.

Hard to track changes

When someone asks who changed a number or approved an application, the history is difficult to reconstruct.

How it works

One simple workflow from contract to payment.

Set up the project once. Then use the same information every month to prepare, check and submit the pay application.

  1. 01

    Contract Setup

    Set the contract amount, project details, billing terms and retainage rules.

  2. 02

    Schedule of Values

    Add the work items and values that make up the contract.

  3. 03

    Change Orders

    Track approved changes and keep the contract amount up to date.

  4. 04

    Monthly Billing

    Enter the work completed this month. Previous billing and totals carry forward.

  5. 05

    Retainage

    Calculate and track retainage based on the contract.

  6. 06

    Closeout

    Track final billing, retainage release and required closeout documents.

  7. 07

    Pay Application & PDF

    Review the complete application, lock it and generate the G702/G703 PDF.

  8. Approval roles and steps can be configured for each project.Get Started
What you can manage

Everything needed for monthly construction billing.

Keep project billing information connected from the contract to the final payment.

Schedule of Values

Manage work items, values and stored materials in one place.

Change Orders

Track approved and pending changes and see how they affect the contract.

Monthly Billing

Record work completed and carry previous billing forward automatically.

Retainage

Track retainage held, reduced and released according to the contract.

Pay Application PDF

Generate a submission-ready G702/G703 from the approved application data.

Closeout

Track final billing, retainage release and required documents.

Inside the product

See what is happening before you submit.

The application shows the numbers, checks and approvals in one place.

Billing that stays in balance

See scheduled value, previous billing, current billing and percent complete together. The system checks the numbers before submission.

  • SOV totals match the contract
  • Previous billing carries forward
  • Overbilling is flagged before submission
  • Retainage is calculated automatically

Know what needs attention

See whether an application is a draft, under review, approved or on hold — and who needs to act next.

DraftUnder reviewApprovedOn hold
Control & audit trail

Every important action is recorded.

Payment applications affect real money. Cornerstone keeps permissions, approvals and changes organized so your team always knows what happened.

Role-based access

Control who can edit, submit and approve.

Locked submissions

Submitted applications cannot be silently changed.

Complete history

See who changed or approved something and when.

Separate responsibilities

Keep preparation, review and approval with the right people.

Portfolio visibility

Know the billing status of every project.

See contract value, billed amount, retainage and applications waiting for action across your projects.

Cash position

See billed, unbilled and retained amounts.

Payment status

See which applications are due, submitted or waiting for approval.

Project details

Open a project to see its billing history, SOV and change orders.

Built for the whole GC team

One place for everyone involved in billing.

Each person sees the information and actions that match their role.

Project managers

Prepare the SOV, enter monthly progress and submit applications.

Project accountants

Check billing, change orders and retainage.

Controllers & CFOs

See billing and cash across the project portfolio.

Executives & owners

See project status and approval delays without chasing emails.

Pricing

Simple plans for growing contractors.

Choose a plan based on the amount of Schedule of Values (SOV) work you manage each month. Switch to annual billing and save 20%.

Standard

50 SOV items / month

For teams standardizing how they bill each month.

$1,600/month

 

Choose Standard
  • Up to 50 Schedule of Values (SOV) items
  • Unlimited change orders and billing periods
  • Retainage tracking based on the contract
  • G702/G703 pay application PDF
  • Role-based approvals (up to 3 roles)
  • 30 days of change history
Most popular

Premium

150 SOV items / month

For GCs billing several projects at the same time.

$4,000/month

 

Choose Premium
  • Up to 150 Schedule of Values (SOV) items
  • Everything in Standard, plus:
  • Portfolio billing and cash dashboard
  • Multi-step approval routing
  • Custom and stepped retainage rules
  • Closeout document checklists
  • Priority onboarding and support

Every plan includes contract setup, change orders, monthly billing, retainage tracking and the G702/G703 pay application PDF. Need a higher monthly billing volume? Talk to us.

See it in action

See how your next payment application could work.

Walk through a real project flow — from contract setup and monthly billing to approvals and the final G702/G703 PDF.

See How It Works