Here is what is actually costing you, in dollars.
A typical mechanical or electrical sub running $12M in annual volume collects receivables over an average of 63 days. Every extra day of DSO on that book costs you roughly $2,300 in financing (line of credit plus opportunity cost on working capital). Cut your DSO by 10 days and that is $23,000 a year straight to the bottom line. On a 4 percent net margin that is equivalent to closing an extra $575,000 of work.
Where does that DSO drag live? In three places. First: COI kickbacks. Your carrier issued the certificate. The GC’s risk team says something is missing, does not say what. Four days gone. Second: waiver chasing. The amount on the waiver does not match the pay app. Two cycles of back-and-forth, five days gone. Third: payment status. You have no idea whether the draw cleared, what line items got held, and why. Your AR team calls the GC. Voicemail. Four days gone.
None of that is your fault. And none of it is going away on its own. The GCs running those processes are losing the same money on their side. The fix is not a better email. The fix is being on the same rail.
The Clearinghouse is built for you, not just for the GC.
When a GC brings you onto the Clearinghouse, you get magic-link access: no password, no software install. Your pay app, your waivers, your COI, your payment status all live in one portal per project. That part is free to you. The GC pays. You never see a paywall for the baseline work.
But there is an upgrade path. Three Sub-Ascension SKUs that live on top of the free portal and pay for themselves in weeks.
The three Sub-Ascension SKUs.
- Compliance Passport: $29/mo. Your COI, W-9, qualifications, safety record, licenses, and bonding capacity filled out once. Portable across every GC you work with. When a new GC invites you, your Passport auto-populates. No more prequal forms. No more re-uploading the same insurance certificate to five different portals. This pays for itself the first time a COI kickback does not happen.
- AR Accelerator: $99/mo. Instant-pay on approved line items (when the GC has the rail wired for it) plus full line-item visibility on every pay app: what was approved, what was held, why, and when the disbursement is scheduled. Your AR team stops guessing. Your DSO drops by the equivalent of one draw cycle.
- Sub CFO: $299/mo. A full ledger for your own book: backlog, WIP by job, retainage outstanding, sub-of-sub payable exposure, cash-cycle per customer, and a projected cash curve for the next six months. Your bookkeeper becomes a controller. Your controller becomes a CFO.
What changes for your back office on day one.
- One Passport, every GC. Fill it out once. Update it when something changes. Every GC on the rail sees the latest version automatically.
- Waivers filled from the approved pay app.Correct amount, correct state statutory form, correct through-date, pre-filled. E-sign in the portal. Notary coordination built in where required.
- Line-item payment visibility. Your AR team stops calling the GC. You see the decision and the reason, live.
- Magic-link access for your team. No account creation. No password. No IT.
Guarantees.
- 60-day unconditional money-back on any Sub-Ascension SKU.If Passport, AR Accelerator, or Sub CFO is not a fit in the first 60 days, we refund you in full.
- Free baseline portal, always. Magic-link access, waiver signing, and COI upload on any GC-invited project stay free to you. You only pay if you want the portable Passport or the upgraded AR and ledger tools.
- No long-term contract. Month-to-month on all three SKUs. Cancel in one click.
What design partners are saying.
“I can see which line items got approved, which got held, and why, all before my AR team sends the next invoice. We stopped losing receivables to confusion. That was a six-figure problem.”
“We stopped arguing about waiver amounts. The portal fills them from the approved pay app. One click, notarized, filed. We went from two weeks of waiver chase to two days.”
The ask.
Claim your Compliance Passport. Fill it out once. The next time a GC on the Clearinghouse invites you, you will be set up in three minutes instead of three weeks. If your GCs are not on the rail yet, show them this page. The math works on both sides.
P.S. Every day your receivable sits in waiver-chase purgatory, the GC is financing your work with their LOC and you are financing your work with yours. Both of you pay interest on the same dollar. The Clearinghouse is how that ends.