Hyphen Wallet for Builders: Step-by-Step Guide on Getting Started
Hyphen Wallet is an advanced construction invoice software for Home Builders to pay Suppliers, Trades and Vendors that streamlines the billing, invoicing and payment processes, all from a single, user-friendly and secure portal. Whether you’re a small or large Home Builder, Hyphen Wallet can eliminate many of the issues associated with legacy payment methods. If you’ve already signed up for Hyphen Wallet, you’re in good company. A growing number of Builders realized it was time to say goodbye to clunky, error-prone manual payment and accounting methods and turned to Hyphen Wallet as a solution. In a survey of 120 organizations, 83% of respondents stated the need to improve efficiency of the invoice payment management system was driving this change. Sticking to old legacy payment systems can prevent residential construction companies from staying competitive, especially in times of uncertainty. By following this step-by-step guide and familiarizing yourself with frequently asked questions, you can start using Hyphen Wallet with ease and confidence.
How To Sign Up for Hyphen Wallet
It’s simple to sign up for Hyphen Wallet. After you’ve met with your Implementation Consultant, you’ll complete the Hyphen Wallet Terms & Conditions, appoint a dedicated Hyphen Wallet user and then receive login details.
Frequently Asked Questions
Who gets access to the Builder Hyphen Wallet Portal?
By default, the registered agent designated by the Builder receives access to the Hyphen Wallet portal by completing the Terms & Conditions. If you need to provide access to additional users, you can submit a request to your implementation consultant.
How do I reset my password?
It’s easy to reset your password. Visit https://wallet.hyphensolutions.com/login and click “Reset Password”. Then follow the steps and we’ll send you a code that enables creating a new password.
In the Hyphen Wallet Builder portal, can I see a list of all the Suppliers that I am paying?
Yes, when you log in, you’ll see a tab on the menu labeled “Suppliers”. This is where you can view all the Suppliers who are currently being paid through Hyphen Wallet.
How do I view the payment method each Supplier has chosen?
After you are logged in to the Hyphen Wallet portal, there are two places to view the payment method chosen by your Suppliers:
- Select “Suppliers”, and click their profile to review their current payment method.
- Under “Payments”, look at the “Payment Type” column and you’ll see each Supplier listed with their chosen payment method.
Get Started With Hyphen Wallet Today
Hyphen Wallet eliminates the frustrating and time-intensive task of processing paper invoices and issuing paper checks. With accounts payable automation, you can reduce invoice processing time by 80% and invoice errors by 23%, thereby increasing Supplier satisfaction. The real-time payment system provides data and messaging capabilities, enhanced security and the ability to identify fraudulent charges faster and track past and present expenses. The bottom line is that Hyphen Wallet will help your bottom line and it’s simple to sign up and use. Get in touch with one of our experts to learn more about how Hyphen Wallet can benefit your business, as well as your partner Suppliers, Contractors and Trades. Or if you haven’t signed up yet, schedule a demo.
