🇮🇳India

मैनुअल मंजूरी और भुगतान प्रसंस्करण में देरी (Manual Approval & Payment Processing Delays)

Updated: Feb 20262 verified sources

Definition

Running Account Bills (RA Bills) used in Indian construction require verification against BOQ, work completion certificates, and retention calculations. Manual re-entry into bank portals, email approvals, and absence of digital workflows introduce 10-14 day delays. Subcontractors, facing cash flow stress, either delay work or demand upfront deposits, creating project bottlenecks.

Key Findings

Financial Impact: ₹1-3 lakhs per project per month in delayed vendor payments; 5-7% project margin erosion due to payment disputes and vendor churn
Frequency: Weekly (invoice batches); Ongoing throughout project lifecycle
Root Cause: Multi-level approval chains without digital audit trails; Lack of invoice-to-payment API integration; Manual data re-entry in bank portals; No real-time approval status visibility

Why This Matters

The Pitch: Building finishing contractors lose 15-20% of project capacity annually due to delayed subcontractor payments creating payment disputes and vendor turnover. Automation of invoice validation and approval workflows reduces processing time from 10-14 days to same-day execution.