Solution: Procurement & Subcontractor Payments
Automate Complex Project Payments with Trust, Traceability, and Speed
Procurement in project environments is messy: delayed approvals, unclear milestones, invoice disputes. PMPeople transforms the process by linking project milestones to smart contracts, enabling real-time payment tracking across buyer-seller organizations—with blockchain-backed integrity.
🎯 Common Procurement Challenges — Solved by PMPeople
Challenge: Manual approval chains and delayed payments
PMPeople Solution: Smart contract–driven payment events triggered by milestones
Challenge: Disputes over deliverables and invoices
PMPeople Solution: Verified blockchain reporting for milestone confirmation
Challenge: Siloed financial data across buyer and supplier
PMPeople Solution: Shared payment objects visible to both organizations
Challenge: Lack of audit trails and accountability
PMPeople Solution: Immutable records of claims, approvals, and execution
🛠️ Key Features
Smart Payments
Smart contract-based payment events
Shared Visibility
Cross-org visibility for buyer and seller
Milestone Validation
Blockchain-secured milestone validation
Invoice Workflow
Invoice claim lifecycle: request, approve, reject, settle
Audit Trails
Full audit trails for contracts, payments, and scope
Real-World Use Case Scenarios
Subcontractor milestone payment
Complete WP2
Confirms milestone achievement, triggers a smart contract, and logs blockchain proof
Complete WP2
Confirms milestone achievement, triggers a smart contract, and logs blockchain proof
Dispute resolution
Submits a payment claim
Reviews it against project data. If rejected, the reason is logged and a new claim can be submitted
Submits a payment claim
Reviews it against project data. If rejected, the reason is logged and a new claim can be submitted
Shared project execution
Monitors task progress and payments from the shared platform
Monitors the same tasks and payments to stay aligned
Monitors task progress and payments from the shared platform
Monitors the same tasks and payments to stay aligned