Manage your funds with Kólé secure wallet enabling seamless transactions for various project expenses, such as material purchases, subcontractor payments, and staff salaries and providing real-time visibility into your financial transactions.
Fragmented financial management in construction
Without a centralised financial system in construction project management, there's often a lack of transparency and accountability, making it difficult to track expenditures, reconcile budgets, and ensure timely payments to suppliers and staff.
This can lead to inefficiencies, delays, disputes, and even fraud, as there's no single source of truth for financial records. Additionally, it complicates the coordination of funds across various stakeholders, hindering your projects' overall progress and potentially compromising its success.
How does Kólé help with this?
Kólé offers a comprehensive wallet solution.
Enables authorised users to make payments directly from within Kólé. This could include payments to suppliers, subcontractors, and staff. Team members and suppliers can link their bank account details to the application for seamless payments.
Kólé features robust security measures to protect your organisation's funds and sensitive financial data. This includes encryption protocols, multi-factor authentication, and regular security audits to prevent unauthorised access or fraudulent activities.