Blog
A Constant Stream of Helpful Content on Getting Paid in Construction
You have a great team with the proper skill set, quality materials, and a good reputation. So why are you struggling to land construction contracts? Contracts fuel construction businesses–and a lot of hard work goes on behind the scenes to secure those bids. It’s more complex than just putting the best price on the table. […]
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5 Lessons on Biases in Construction Credit Management
Credit managers in construction must be aware of the factors influencing decisions. In a recent Building Blocks Community webinar hosted by Handle.com’s Lori J. Drake, CBA, A-Core Concrete Cutting Inc.’s Corporate Credit and Contracts Manager D’Ann Johnson, CCE, delivered an insightful presentation titled “Unintentional Bias: Prejudice & Assumption.” Johnson emphasized how unconscious biases can impact […]
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Balancing Act: How Time Management Enhances Relationship Building in Credit Management
In episodes 3 and 4 of “Credit Talk with Lori,” hosted by Handle.com’s Lori J. Drake, CBA, seasoned credit professionals Krystal Daughtery, CCE and Victoria Terrell shared their insights on the delicate balance of time management and relationship building in credit management. These episodes provide a wealth of knowledge from experts who have successfully navigated […]
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How to Enhance Customer Education for Your Construction Business
Not everything is intuitive. Some products and services must be explained so customers can get the most out of what a business offers. In situations like this, it makes sense to pay attention to the efforts your business is putting into customer education. Let’s examine what you can do to ensure your customer education is […]
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The Evolving Role of Credit Managers: Balancing Risk, Technology, and Interdepartmental Collaboration in Construction
Exploring how credit managers in construction balance risk, technology, and collaboration across departments
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Understanding Double Jeopardy in Construction Credit Management
In the construction industry, managing credit and securing payments can be particularly challenging due to the complexities of lien laws that vary from state to state. One crucial concept to grasp is double jeopardy in construction lien rights. Handle.com’s Lori J Drake, CBA recently hosted a webinar titled “Is Your A/R Secure? How Lien & […]
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10 Ways to Improve CX through Construction Payment Process Optimization
Efficient online payment portals are essential within the construction industry. One bad customer experience (CX) can seriously impact your bottom line and your brand’s reputation. This is why seamless digital payment options have become integral to the modern customer journey. But how can you improve them? What is CX? It’s important to understand that CX […]
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8 Best Practices for Effective Subcontractor Management
Subcontractors are a vital part of the construction industry, and it’s easy to see why. They offer contractors the ability to have a flexible workforce that scales with each project they take on without the overheads of employing a full-time workforce. You can’t overstate the value of the expertise subcontractors offer, either; there are always […]
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Why Automate Financial Processes In A Construction Business?
Construction businesses need fast access to real-time data for budgeting and cash control. Automating financial processes helps you maximize your resources.
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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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