Mitigating Risk Through Supply Chain Transparency

One platform to track project health, verify compliance, and automate construction billing workflows—so every dollar moves with confidence

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——— What is Observ

One System to Guide and Manage the Financial Side of Construction

Observ is a construction finance platform that provides real-time project insights, risk monitoring, and financial workflows to help teams manage compliance and keep projects moving. In addition to our technology, Observ delivers construction consultation and information services that support contractors, owners, and developers in evaluating project health and making informed decisions.

With Observ, you can:

Monitor contractor and subcontractor risk in real time

Streamline waiver collection, pay apps, and vendor invoicing

Enforce rules-based draw control and fund disbursement

Centralize documentation, invoices, and compliance tracking

——— Features

Tools That Keep Your Projects Moving

Real-time visibility into job health, expenses, and profitability.

Job Performance Insights

Track job performance from start to finish with projected vs. actual expense insights. Enter your estimated costs and let Observ show how you’re performing against budget in real time. Monitor profit margins, identify cost overruns early, and understand exactly where your attention is needed to keep the project on track.

Key Benefits

Compare projected vs. actual expenses
Spot cost overruns before they become problems
Track profit margin across the life of the project

Real-time contractor health, compliance, and financial risk insights—without manual work.

Risk Monitoring

Observ removes the guesswork from evaluating contractor reliability. Instead of relying on self-reported documents or scattered information, Observ directly integrates with contractors to collect, verify, and monitor key signals like financial stability, compliance status, and behavioral indicators.

Why It Matters

Detect issues early before they impact the project
Reduce exposure tied to contractor instability
Verify insurance, compliance, and documentation automatically
Trust project partners with real data, not assumptions

Independently verified, compliant, and transparent payments to every stakeholder.

Funds Control

Observ ensures every payment is reviewed, verified, and released directly to suppliers, subcontractors, and the general contractor. This eliminates delays, prevents the diversion of funds, and significantly reduces lien exposure by ensuring money always goes to the correct party.

Why It Matters

Guarantees payments are sent to the right vendors
Keeps cash flowing smoothly through the supply chain
Prevents misuse, rerouting, or diversion of funds
Reduces lien and default risk through verified disbursements

Automated collection, verification, and reconciliation of lien waivers for every SSV.

Lien Waiver Automation

Observ independently verifies SSV balances, secures lien waivers from all vendors, and collects required payroll reports from subcontractors. SSVs assign lien and bond claim rights to Observ in exchange for payment, allowing Observ to issue unconditional waivers to the GC before funds are released.

Why It Matters

Eliminates manual waiver collection and follow-up
Ensures accuracy by independently verifying balances
Reduces lien exposure and protects all parties
Speeds up payment cycles with verified reconciliation

A centralized hub for vendor invoices, POs, quotes, waivers, and payment verification.

Vendor Expense Management

Observ verifies all invoices and payments directly with SSVs. Upload invoices, purchase orders, and quotes, and Observ handles verification, waiver collection, and payment tracking. Know what you owe, what you’ve paid, and what’s pending—all in one place.

Why It Matters

Verified invoices and payments with every vendor
Automatic waiver collection tied to payment status
Full visibility into outstanding and completed obligations
A clean, accurate financial record for every project

Streamlined, accurate, and transparent billing for faster approvals and cleaner records.

Pay Application Management

Observ helps you allocate expenses to line items, validate billing accuracy, and generate clear pay applications. Send pay apps to the GC for review, and keep all expenses and billing tied together. GC’s and owners gain instant visibility into billed work, reducing questions and speeding approvals.

Why It Matters

Faster and cleaner pay app submissions
Accurate billing tied to real expenses
Centralized records for expenses + billings
GC and owner transparency improves trust and reduces delays

Fast, flexible access to cash so projects never slow down.

Prompt Pay

Observ provides prompt pay advances to subcontractors and vendors ahead of billing and GC funding. This ensures work continues without financial strain. We offer payroll advances, expense funding, and direct payment distribution tied to verified pay applications.

Why It Matters

Advance funds before GC payments arrive
Ensure payroll is met without cash-flow stress
Fund pay applications and distribute payments automatically
Keep projects moving by eliminating payment-related delays

——— From Pre-Construction to Closeout

One platform. Full project visibility. Every step of the way.

Step 1: Pre-Construction

Establish compliance and risk protocols before anyone breaks ground.

Verify contractor credentials and risk profiles
Collect key compliance documents (COIs, licenses, tax info)
Configure lien waiver, billing, and funds control workflows

Step 2: Mobilization

Put protections in place as crews move onsite.

Begin real-time monitoring of contractor financial and legal health
Issue first pay app templates and waiver requirements
Tie advance payments to verification logic

Step 3: Active Construction

Keep billing, documentation, and risk aligned as work ramps up.

Automate pay app collection, review, and approval
Request, verify, and store lien waivers with every cycle
Track vendor expenses in one centralized view
Continuously assess subcontractor stability

Step 4: Capital Disbursement

Move money only when requirements are met.

Generate complete draw packages with linked compliance docs
Automate funds release based on project-specific rules
Flag missing waivers or at-risk contractors before payment

Step 5: Project Closeout

Tie off every loose end—without the usual scramble.

Final waiver collection and verification
Confirm all billing is closed and documents executed
Generate an audit-ready closeout package for your records

——— Who We Help

Built for the Entire Construction Supply Chain

Owners & Developers

Gain real-time visibility into contractor health, draw status, and project risk.

General Contractors

Centralize billing and compliance workflows. Strengthen relationships up and down the chain.

Subcontractors

Get paid faster with clear documentation flows and automated waiver tracking.

Suppliers

Ensure payment flows are never delayed by missing paperwork.

Ready to Get Paid Faster?

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