FINANCE Archives - Page 2 of 4

Prompt Claims Reporting 0

By Builders Mutual Your insurance premium isn’t just another bill to pay each month. Your coverage is an important part of your business toolbox, helping to take care of injured workers, repair or replace damaged equipment, provide financial protection, and much more. Prompt claims reporting is important for speedy action if an incident does occur and

Looking Ahead: Optimizing Credit Applications for a Smoother 2025 0

By Patrick Hogan, handle.com With Q4 upon us and the following year just around the corner, keeping a close eye on how credit is extended and managed will be vital to setting up for success. Subcontractors must stay on top of their credit management practices to protect cash flow and keep things running smoothly. At

4 Reasons Why You Should Use Financing – Even If You Have Cash in the Bank 0

FINANCE

August 27, 2024

By Travis Mayor, Billd Being financially stable is all about your cash flow, how you manage risk, and the working capital options you use to run your business. A working capital stack that includes cash, lines of credit, material financing, and supplier terms allows you to pull from different sources of capital based on your

Building Financial Foundations: Credit Management Careers in Construction 0
- CONSTRUCTION, FINANCE, HR, WORKFORCE, Workforce & Professional Development
- August 27, 2024
By Patrick Hogan, handle.com Credit professionals play a vital role in maintaining financial stability and ensuring the smooth operation of construction projects. They are essential for evaluating financial risks and establishing strong relationships with clients and partners. For individuals interested in pursuing a career in credit, especially within the construction industry, it’s crucial to understand
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Empowering Construction Teams: Effective Ways to Communicate About New Technology 0
- Best Practices, FINANCE, Payment, Sales & Marketing, TECHNOLOGY, TOOLS
- May 28, 2024
By Patrick Hogan, handle.com In the construction industry, new technology can make work faster and more accurate. Yet introducing new tools can sometimes be tricky because not everyone is on board right away. Clear and direct communication is critical to winning over your team. This article covers straightforward ways to talk about new technologies so
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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