Workbench is your ideal solution to help you stay compliant with the recent introduction of the trust accounts legislation.
Simplified Compliance: The new legislation brings several changes, from increased reporting requirements to stricter accountability measures. Workbench is designed to make compliance easy. Its user-friendly interface lets you easily set up and manage trust accounts, ensuring you meet all regulatory requirements.
Streamlined Management: Efficient financial management is vital for project success. Workbench provides robust tools to keep track of funds, manage transactions, and monitor account activity—all in one place. This makes handling trust accounts a breeze without getting caught up in manual administration.
Enhanced Transparency: With the new legislation, transparency is key, and Workbench delivers. With comprehensive reporting and real-time tracking, you'll always have a clear view of your trust accounts. This helps you stay compliant and builds trust with stakeholders by ensuring that all financial activities are documented and accessible.
Increased Efficiency: Time is valuable, and Workbench helps you save it. By automating many routine tasks associated with trust account management, Workbench frees up your time so you can focus on delivering successful projects and building strong subcontractor relationships.
Peace of Mind: Navigating new regulations can be intimidating, but with Workbench, you can be confident that you have the right tools to stay compliant. Workbench’s robust features and intuitive design ensure that your trust accounts are managed effectively, reducing the risk of errors and ensuring financial integrity.
Why Choose Workbench?
- All-in-One Solution: Manage Project and Subcontractor Retention trust accounts with a single, integrated platform.
- Compliance Made Easy: Stay up-to-date with the latest legislative requirements with ease.
- Real-Time Insights: Access detailed reports and real-time tracking to ensure transparency and accountability.
- Automated Efficiency: Save time with automated processes and reduce administrative burdens.
Find out more PTA and RTA