Payment Archives

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
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Subcontractors Should Have A Plan To Get Paid 0
- Legally Speaking, Payment
- December 18, 2023
By Joseph Kanfer, Woolford Kanfer Law, PC One of the most important things a subcontractor can do to plan ahead is to have a plan to get paid on their projects when their customer does not pay on time. Many subcontractors do not start thinking about what steps they might take to get paid until
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How Late Payments Drive Claims for Subcontractors 0
- Claims, Payment
- July 24, 2023
By Patrick Hogan, handle.com Late payments can create a ripple effect of negative consequences for subcontractors on construction projects, including cash flow struggles and potential legal disputes. As a subcontractor, you need a clear understanding of how late payments can affect construction claims. The construction sector is steadily growing, yet more than half of subcontractors
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Liens and the Importance of Payment Protection in Lean Construction 0

By Patrick Hogan, handle.com To keep up with the pace of competition and the overall business landscape in construction, time and cost management are two critical factors that construction business owners and construction project managers must consider. Construction projects involve multiple stakeholders and many moving parts, making it challenging to maintain organization and efficiency. Implementing

Four Steps Construction Professionals Need to Take to Ensure They Get Paid 0

By Danielle Maya, Galvanize Law Group, LLC #1 and #2: Licensing and Secretary of State Registration State and local level licensing requirements are important in the construction industry to ensure that contractors are qualified and capable of performing the work that they are contracted to do. This generally involves passing exams, demonstrating knowledge and experience,

Cash Flow Positive: Taking Out the Stress in Chasing Payments 0

By Patrick Hogan, handle.com Arguably, one of the most stressful things subcontractors have to deal with is cash flow. Growth and sales are always on the minds of business owners–but it’s hard to make moves when liquidity is held up. Taking care of cash flow should be a priority, but it’s easy to make mistakes

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

Subcontractors Should Have A Plan To Get Paid 0

How Late Payments Drive Claims for Subcontractors 0

Liens and the Importance of Payment Protection in Lean Construction 0

Four Steps Construction Professionals Need to Take to Ensure They Get Paid 0

Cash Flow Positive: Taking Out the Stress in Chasing Payments 0

How to Handle Late Payments in Construction

Latest Posts

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

Subcontractors Should Have A Plan To Get Paid

How Late Payments Drive Claims for Subcontractors

Liens and the Importance of Payment Protection in Lean Construction

Four Steps Construction Professionals Need to Take to Ensure They Get Paid

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