Construction draws
Every line of the budget, every draw, accounted for.
Relay tracks spend against each budget line for the life of the project, and a draw doesn't go out until its waivers, checks, and photos are in.
Import historical draw data
Upload the tracker you already use. Prior draws come in marked historic, and the next draw opens from the real remaining balance.
Everything checked against the budget
Every invoice line lands on a budget line and is checked against it. Over-budget lines, duplicates, and ineligible job cost codes are flagged before they are drawn.
Compiled and uploaded to Dropbox
Invoices, waivers, check copies, photos, and the tracker are assembled into one package per draw and uploaded to Dropbox automatically.
Automated budget checks.
Relay's AI allocates every invoice, and every line item on it, to the right part of the CapEx budget, then checks it against what is left on that line.
- Handles change orders
- Filters partially eligible invoices
- Catches duplicates
- Tracks progress over time and remaining balance
| Line | Budget | Adj. | This draw | Drawn |
|---|---|---|---|---|
| Site work | $420,000 | — | — | 100% |
| Framing | $1,175,000 | +$25,000 | $186,400 | 87% |
| Mechanical | $640,000 | — | $11,765 | 63% |
| Electrical | $380,000 | — | — | 58% |
| Finishes & flooring | $510,000 | — | $7,305 | 19% |
| Contingency | $155,000 | −$25,000 | — | 14% |
| Total | $3,280,000 | $0 | $205,470 | 66% · $1.1M left |
AI-powered checklists.
Each draw carries a checklist built from the project's own history: what has been funded, what is already on file, and what this draw still needs before it can go out.
- Required and optional items, set per project
- Verifies proof of payment from prior draws
- Admin override, logged, when a servicer waives a requirement
- Draw threshold met$205,470 of $150,000 minimum
- Check copies from Draw 10151 attached
- Work-completion photos12 uploaded
- Draw tracker generatedfrom the budget
- Lien waivers for every invoice46 of 47 · Halcyon Drywall requested
- Submit unlocks when the last waiver is on file.
Integrate with your PMS.
Relay pulls AP invoices from RealPage by property and GL code, so they land on the right project with the job cost code attached. When an invoice is paid in RealPage, Relay knows.
Not on RealPage? Invoices also come in by email and upload. See integrations.
Lien waiver tracking.
Set the rules once: the dollar amount above which a waiver is required, and whether paid invoices need an unconditional waiver.
Uploaded to the cloud.
Relay compiles the package as the draw builds. Each invoice, waiver, check copy, and photo is filed the moment it clears the checklist, so by the time the draw is ready, the folder already is. It lands in Dropbox and your servicer gets a link.
Packages in your servicer's own template are coming soon. Send us theirs on the integrations page.
Relay/Meridian Commercial/Draw 11See your next draw build itself.
Bring one live draw. We'll run it with your team in a 30-minute session and send you the results within 48 hours.