Indianapolis, ID (PRWEB) December 5, 2009
Indianapolis based Bank Services Inc., announced today the launch of two new products: DrawView and DrawVision. This innovative approach to construction draw management, establishes standard inspection and verification procedures to protect lenders from paying for work which has not been completed.
DrawView, a web-based application manages construction draws, requiring contractors and sub contractors to provide invoices, and other supporting documentation before disbursements are made. The tool retains copies of all documentation providing a complete project record, which is accessible from anywhere with proper log in credentials.
Supporting the disbursement requests, DrawVision provides on-site inspection services. With a network of certified inspectors in all fifty states, the DrawVision team is prepared to inspect and verify all phases of a construction process.
"DrawView and DrawVision were created in response to a growing need in the marketplace as consumers, subcontractors, suppliers, and lenders were confronted with unproductive, wasteful, costly, and sometimes fraudulent building practices. The services were developed by a cross functional team with expertise in finance, construction, software, accounting, and business management.
"Without controls, contractors often cash flow one project, by using funds from another," said President and CEO Mark Sanders. "This creates a house of cards, which can collapse leaving the lender, subcontractor, supplier, or consumer holding the bag. We hope these products will give construction lenders the confidence to re-energize their construction loan business as a viable revenue stream.
To learn more about Bank Services, Inc and these products please visit http://www.bankservicesinc.com.
About Bank Services Inc.:
Bank Services Inc. was founded in 2009 as a division of the Indiana-based The Sanders Companies. The Sanders Companies is a 34 year old construction products company owned by Mark Sanders. The Company has developed commercial and residential properties, is today a contractor and subcontractor, and has long been a leading provider of specialized concrete products in the Midwest. For more information please visit their website: http://www.bankservicesinc.com.
About Mark Sanders and the Sanders Companies:
Mark E. Sanders is the President and CEO of the Sanders Companies along with Bank Services, Inc. A life-long Indiana resident, Mark currently lives in Zionsville, Indiana.
Mark has been in the construction industry since 1970. After six years of hard work and determination, he created Sanders Building & Contracting Co., Inc. Innovation and leadership allowed Mark to develop other ventures in commercial and residential foundations, as well as property development. In 1985, as the company continued to grow, acreage was bought in Whitestown, Indiana for a new office and shop facilities. These were expanded in 1991, 1995 and again in 1999.
Currently the Sanders Companies employ over 50 people. Mark's vision for growth continues as he sees unlimited potential in all areas of business. As opportunities are presented, each is evaluated and if it passes Mark's test for potential, the new opportunity becomes an important component of the Sanders Companies.