LedgerThe construction industry has the longest DSO of any sector.
Ledger closes the gap.
Days Sales Outstanding in commercial construction runs 60–100 days. Multi-party approval chains, retainage holdbacks, and manual billing errors compound every cycle.
Average DSO by Cohort
faster than industry average
freed per $1M ARR at 55-day reduction
Key Findings
freed per $1M revenue for every 10-day DSO reduction
collection probability on invoices 90+ days overdue
DSO reduction reported by AR automation adopters
Auto-validate G702 totals against G703 line items before submission. Zero manual entry errors means zero rejection cycles — the primary cause of 30+ day payment delays.
median DSO on Ledger
Most pay app rejections trace back to four fixable errors.
Every rejection adds 14–21 days to your collection cycle. Ledger catches them before the architect sees them.
Where Errors Occur
Retainage % inconsistent with prior draw
Amount doesn't tie to G703 continuation
Approved CO not reflected in contract sum
Every dollar in the pipeline. Every draw, color-coded by status.
Built for construction billing. Not adapted from something else.
Native form generation + auto-calculation
Per-line retainage with release scheduling
Auto-updates contract sum + G702 totals
Conditional & unconditional, all 50 states
Davis-Bacon + prevailing wage compliance
Real-time across all active projects
Approval chain + GC portal sync
Catches errors before submission
Photo + invoice attachment per line item
GC pay-when-paid cascade visibility
Versioned billing history per project
Median across Ledger customer base
No setup fees. No training required. First pay app is free.
"We were running draw requests on a spreadsheet that had 47 versions. Ledger replaced it in a week. Our last three pay apps came back approved first submission."
"As CFO I had zero visibility into which of our fourteen sites were at risk of a payment delay. Now I check one screen before my 8 AM call. That's it."
"Chasing retainage used to be a full-time job. Ledger tracks every hold automatically and sends the release request the day the contract milestone is hit."
Industry data on DSO, billing error rates, and retainage recovery across 340+ commercial contractors.
- 2026 DSO benchmarks across 14 construction verticals
- Top-quartile billing practices from 340+ GCs analyzed
- AIA G702 rejection root cause breakdown by error type
- ROI model: cash freed per $1M ARR at each DSO tier
- Retainage release timelines by project type and state
- 12-month billing automation adoption curve + outcomes
No spam. No sales calls. Just the data.
Run your first pay app free.
Close it in under an hour.
Connect your first project, import your Schedule of Values, and Ledger auto-populates your G702. No templates. No formulas. No 47-version spreadsheet.