Stop Losing Money to Forgotten Retainage
Track every dollar held back on every project. Know exactly when retainage is due, get automatic reminders, and never leave money on the table again.
Subcontractors Lose Millions in Retainage Every Year
When you're juggling 10+ projects with different GCs, tracking 5-10% held on each becomes impossible. Retainage falls through the cracks. Rivet makes sure it doesn't.
Forgotten Retainage
Projects close out and retainage gets lost in spreadsheets. Money you've earned disappears.
Lost revenue on every project
No Visibility
Tracking retainage across multiple GCs and projects in Excel is a nightmare.
Hours wasted on manual tracking
Missed Deadlines
Without automated reminders, release dates slip by unnoticed.
Delayed payments hurt cash flow
* Estimated improvement based on automated reminder system vs. manual tracking. Individual results may vary.
Complete Retainage Visibility
From tracking to collection, Rivet handles every aspect of retainage management.
Real-Time Dashboard
See all retainage at a glance - by project, GC, or total. Know exactly how much money is being held at any time.
Release Date Tracking
Track substantial completion dates and release schedules. Get notified when retainage is due for release.
Automated Alerts
Never miss a retainage release date. Automatic reminders ensure you collect what you've earned.
Aging Reports
Track retainage aging by project and GC. Identify which payments are overdue and need follow-up.
Understand Your Retainage
Rivet tracks all types of retainage and helps you understand when each portion is due.
Progress Retainage
5-10%
Held from each pay app until substantial completion
Final Retainage
50%
Released at substantial completion
Final Payment
50%
Released after punch list completion
All Your Retainage in One Place
Project-by-Project Breakdown
See retainage held, released, and remaining for every active project.
GC Payment History
Track which GCs pay retainage on time and which need extra follow-up.
Cash Flow Forecasting
Know exactly when retainage will hit your account for better planning.
QuickBooks & Xero Sync
Automatic retainage journal entries keep your books accurate.
Retainage Summary
All ProjectsTotal Held
$142,380
Due This Month
$28,500
Sunset Plaza
Due: Jan 15, 2025
$28,500
Harbor View
Due: Feb 28, 2025
$45,200
Tech Campus
Due: Mar 15, 2025
$68,680
Explore Related Features
See how Rivet helps with other aspects of your billing workflow.
Ready to Recover Your Retainage?
Start your 14-day free trial and take control of your retainage.