SkillSmart InSight IQ
Prevailing Wage Tracking Software.
Overview
SkillSmart's InSight IQ is a compliance software platform designed to help contractors and owners manage the complexities of public and private construction projects. It focuses on ensuring compliance with prevailing wage laws like the Davis-Bacon Act, tracking certified payroll submissions from all tiers of subcontractors, and monitoring local and diverse workforce participation goals. It also helps with compliance for Inflation Reduction Act (IRA) tax credits.
✨ Key Features
- Prevailing Wage Compliance Tracking
- Certified Payroll Management
- Real-time Compliance Checks (flags missing data, misclassified wages)
- Automated WH-347 Generation and E-signing
- Subcontractor Management Portal
- IRA Wage and Apprenticeship Rule Tracking
- Local Workforce Participation Reporting
🎯 Key Differentiators
- Specific features for tracking Inflation Reduction Act (IRA) compliance to maximize tax credits.
- Focus on both wage compliance and workforce development/local hiring goals.
- Real-time compliance checks that proactively flag issues.
Unique Value: Provides a comprehensive compliance solution that goes beyond traditional certified payroll to include tracking for crucial IRA tax credit requirements and local workforce goals, helping contractors mitigate risk and maximize financial incentives.
🎯 Use Cases (4)
✅ Best For
- Running real-time audits on submitted payrolls to catch Davis-Bacon violations before they become issues.
- Providing a secure portal for subcontractors to upload their own certified payroll data.
- Generating reports to prove compliance with IRA prevailing wage and apprenticeship requirements.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies looking for a payroll processing engine.
- Small contractors who only need to generate a single WH-347 form occasionally.
🏆 Alternatives
Offers more forward-looking compliance features, especially regarding the IRA, compared to older systems focused solely on Davis-Bacon reporting.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
💰 Pricing
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