Build Trust

Everything that holds your construction projects together starts with effective trust account management. In the evolving landscape of the BIF Act, having a firm grip on your Project Trust Accounts (PTAs) and Retention Trust Accounts (RTAs) is critical. BuildTrust offers a streamlined, cloud-based solution to manage these accounts effortlessly, ensuring your compliance with QBCC regulations. Managing Trust Account Complexities The number of things you need to keep track of when managing trust accounts gets far more complicated when you consider the differences between PTAs and RTAs . Both types of trust accounts are required under the BIF Act, but they serve different purposes and have specific regulations that must be followed. Understanding the complexities of PTAs and RTAs can be challenging. BuildTrust is here to make a positive impact: Confusion with transaction management Struggles with accurate record-keeping Delays in producing QBCC-compliant reports Difficulties in managing mu...