Contractors, brokers and sales,
paid on approval.
What falls due this week and this month, commissions owed and on hold, and retention held by project, paid in runs that a manager approves.
XSquare Real Estate handles what a developer owes: contractor bills with retention, broker commissions per project, sales team commissions on invoice or on payment, and payment runs that a manager approves.
Payment runs with real approval
An officer picks the bills, a manager approves, then pays and prints. The amount of each line comes from the bill, never typed.
- Each bill is checked again before payment
- Approved runs feed straight into the treasury forecast
- Payments of the next 8 weeks by type of payee
Contractor retention you can trust
Retention is held on the bill itself and released only by a manager, for a reason.
- Contractor bills linked to a project, phase and construction milestone
- Released when the milestone is done or the project is handed over
- Retention held is visible per project
Commissions on rules, not spreadsheets
Brokers are paid the agreed rate every time, and sales commission follows the money actually collected.
- Broker rates per broker and per project, created when the contract is approved
- Sales commission by team, category or product, earned on invoice or on payment
- Hold a commission back with a reason, or bill it in one click
Common questions
How are broker commissions calculated?
Rates are set per broker and per project. A commission is created when the contract is approved and becomes a vendor bill.
Can commission depend on money collected?
Yes. Sales team commission can be earned on invoice validation or on payment.
How is contractor retention handled?
It stays on the original bill and is released by a manager when the milestone is done or the project is handed over, then paid through a run.
Related features
Treasury and bank reconciliation
Cash positions, deposit slips, 13-week forecast and smart reconciliation.
See the feature
Sales and bookings
Live units, expressions of interest, real deposits and a sales workspace.
See the feature
Team workspaces and executive cockpit
A workspace per team and one page for the CEO and CFO.
See the featureSee it on your own project.
Bring your project, your payment plans and your hardest questions. We walk you through the system in a live demo.