Cash Management Archives - Page 3 of 6

The Challenges and Realities of Prompt Payment in Construction: A Subcontractor’s Perspective 0

Best Practices, Cash Management, FINANCE, Forcasting, Payment
March 25, 2025

By Adrienne Smoot-Edwards, Regeneracy; and Mary Klett, ASA Communications The construction industry is built on hard work, careful planning, and the collaboration of numerous trades and professionals. Yet, for subcontractors — the specialists who bring buildings to life with skilled labor, materials, and expertise — the industry’s payment process is a perpetual source of frustration

How Proper Lien Waiver Management Reduces Payment Claims 0

Cash Management, Claims, FINANCE, Improving Productivity, Payment, Risk Management
November 26, 2024

By Patrick Hogan, handle.com Payment disputes are one of the most frustrating roadblocks on any project. They slow down cash flow, create unnecessary tension within the project, and often escalate into formal claims that consume time and resources. Fortunately, many of these disputes are avoidable. Effective lien waiver management—done with clarity and consistency—ensures all parties

Keep It Ethical: Social Media Use in Credit Collections 0

Cash Management, Improving Productivity, Payment
October 21, 2024

By Patrick Hogan, handle.com Social media platforms like LinkedIn, Facebook, and Twitter/X have become essential tools for businesses, including those in the construction industry. They provide opportunities for networking, marketing, and even assisting with credit collections. However, while using social media can enhance our efforts, it’s crucial to consider the ethical implications within the United

As Check Fraud Surges, E-Payments Provide a Solution 0

Best Practices, Cash Management, FINANCE, Improving Productivity
May 28, 2024

By Brian Thayer, AvidXchange People have used checks as a form of payment since medieval times. Paper checks haven’t changed much over the years. But since the pandemic, the U.S. Treasury Department has seen a 385% increase in check fraud. Today’s businesses can no longer afford to ignore the potential ramifications of check fraud. AccordingREAD MORE

Do You Need Progress Billing Software? 9 Must-Ask Questions 0

Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
April 23, 2024

By Claire Wilson, Siteline For subcontractor accounting teams, there are few tasks as fraught with potential pitfalls as progress billing. What should be a well-orchestrated process to keep money flowing has become an arduous cycle of paperwork, customized forms, disparate payment portals, and a never-ending string of missing information. However, recent innovations in construction technology

How to Master Your Financial KPIs with The Trigger Point Strategy 0

FINANCE, Cash Management
February 26, 2024

By Robbie Reynolds, Billd Every year you start with a target bottom line and build a plan to achieve it. And every year tens of unexpected twists and turns – both in your control and outside of it – put that plan (and your bottom line) at risk. So how do subcontracting executives build aREAD MORE

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Cash Management

The Challenges and Realities of Prompt Payment in Construction: A Subcontractor’s Perspective 0

How Proper Lien Waiver Management Reduces Payment Claims 0

As Check Fraud Surges, E-Payments Provide a Solution 0

Do You Need Progress Billing Software? 9 Must-Ask Questions 0

How to Master Your Financial KPIs with The Trigger Point Strategy 0

The Future of Payments in Construction: Pay Me on the Blockchain!

Four Top Strategies to Retain and Motivate Key Employees

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