Capability

Does Simpro support retainage and sov billing?

Yes.

Simpro supports progress claims with retention structures, withheld balances, release periods, and final retention claims.1

High confidence · 1 source · Verified August 16, 2026

Key details

Decision dimension: retainage sov billing

Evidence

Official sources supporting the claim and limitations above.

Snapshot of Project Invoicing & Payment ProcessingSupports
Reviewed first-party Simpro documentation for the retainage sov billing decision dimension; the claim records both documented support and any explicit evidence boundary.
Retrieved August 16, 2026

Keep researching

Does Simpro support change orders to contract value, budget, and billing?

Simpro reports original, revised, and current project budgets and supports progress claims, but the reviewed public evidence does not establish an equally explicit change-order approval-to-SOV workflow.

Does Simpro support committed cost tracking?

Simpro links purchase orders to projects and forecasts budget changes, but the reviewed public evidence is less explicit about a distinct committed-cost ledger before receipt or invoicing.

Does Simpro support construction closeout to recurring service opportunity?

The reviewed Simpro sources document project and maintenance workflows but not an automatic closeout conversion into a recurring-service opportunity.

Does Simpro support construction customer and site to service records?

Simpro documents customers, sites, jobs, projects, and assets in the same CRM and site-management model.

Does Simpro support estimate to construction project?

Simpro documents estimating, quoting, project management, and project financial workflows in the same product.

Does Simpro support installed assets to maintenance agreement?

Simpro Maintenance Planner assigns service levels and testing frequencies to assets within maintenance-contract operations.