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A Constant Stream of Helpful Content on Getting Paid in Construction

Solving Construction Electronic Payment Adoption with the Handle Platform

Solving Construction Electronic Payment Adoption with the Handle Platform

Electronic Payment Adoption is becoming more of an initiative across all industries but specifically in Construction.  The Construction industry as a whole has been driving towards a larger initiative to increase Electronic Payment Adoption to lower DSO, drive improved efficiencies, and increase financial transparency. Some of the main hurdles that discourage construction companies from implementing […]

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Reinforce, Never Replace: Generative AI in Construction

Reinforce, Never Replace: Generative AI in Construction

This article was cowritten by Lucas Marshall and Mike Anderson of Milwaukee Tool. The opinions made herein are the authors’ own and do not necessarily signal a view/opinion from the company. Generative artificial intelligence (AI) has ruled the headlines since the unveiling of popular AI apps like ChatGPT and Bard last November. In the intervening […]

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Navigating Volatility: Mitigating Financial Risk Amid Fluctuating Supply Chain Costs

Navigating Volatility: Mitigating Financial Risk Amid Fluctuating Supply Chain Costs

Ever since COVID-19 disrupted the global economy, the construction industry has been grappling with the volatility of supply chains. Persistent challenges, such as inflation, high input costs, and rising interest rates, prevent prices for essential equipment and materials from stabilizing. These issues pose significant threats to small businesses and independent subcontractors. So, how can construction […]

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How the Infrastructure Act Can Help You Get a Government Contract

How the Infrastructure Act Can Help You Get a Government Contract

In November 2021, Congress passed a historic infrastructure bill to recover from losses during the COVID-19 pandemic and radically improve the nation’s roads, rails and access to critical community needs. As the $1.2 trillion in funds flow throughout cities and communities everywhere, various funding opportunities arise for companies and contractors. The federal government will allocate […]

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Why Automate Financial Processes in a Construction Business?

Why Automate Financial Processes in a Construction Business?

Doing business in construction means often facing cash flow challenges, particularly related to invoice payment. And these challenges demand proactive solutions–besides, ineffective cash flow management leads to the failure of 82% of businesses.  Cash flow is what keeps a business alive, and how you manage it plays a pivotal role in whether your business thrives […]

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Navigating Tough Times: Financial Traps to Avoid for Construction Businesses

Navigating Tough Times: Financial Traps to Avoid for Construction Businesses

We’ve been hearing a lot in recent months about the possibility of an impending recession and how to buckle up and prepare for it. It makes sense that the thought of a recession can be overwhelming for many company owners and industry leaders, and conjure up images of widespread layoffs, fiercer competition, or even worse, […]

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Business Pay Apps: Leveraging Payment Applications in the Construction Industry

Business Pay Apps: Leveraging Payment Applications in the Construction Industry

This article is from our friends at Dialpad. Like most modern industries, the construction industry is adapting to new technologies. Over the last 20 years, tech has revolutionized every aspect of business. This ranges from the use of email to the integration of sales enablement software. Technology is everywhere, and this rate of change is […]

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Impactful Benefits of Digitizing Payroll Management in Construction

Impactful Benefits of Digitizing Payroll Management in Construction

This article is from our friends at factoHR. Digitization is bringing the construction industry into the modern day. Technology has helped contractors complete their projects in just half the time, along with increased safety measures. Today, tech is mandatory to achieve efficiency and save costs. Digital solutions are also helpful to construction businesses in dealing with […]

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Top 8 Construction Project Management Challenges & Their Solutions

Top 8 Construction Project Management Challenges & Their Solutions

This article is from our friends at SmartTask. Construction project managers act as a liaison between the on-site construction crew and the client, ensuring that everyone is on the same page and the client’s expectations are met. However, it is not that easy. There are many potential pitfalls and challenges in the life of a […]

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6 Years Later: Revisiting McKinsey’s “Imagining construction’s digital future”

6 Years Later: Revisiting McKinsey’s “Imagining construction’s digital future”

It's been 6 years since McKinsey's bold report on construction's digital future. This article explores where we're at today.

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