construction

In Australia, Late Payments Under Govt Microscope

In Australia, Late Payments Under Govt Microscope
In Australia, Late Payments Under Govt Microscope
October 04, 2019  |  B2B Payments

Australia’s federal Labor Party has issued calls to scrutinize late payment practices that it has said are “unfair” to small and mid-sized firms. Separately, a...

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Payment Cards Shine A Light On Construction Spend For Solar Firms
Payment Cards Shine A Light On Construction Spend For Solar Firms
September 24, 2019  |  Spend Management

The solar energy market’s rapid growth has many field-based solar technicians finding themselves on shaky financial ground when making expensive out-of-pocket purchases for a job....

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Virtual Cards Can Be Valuable For Analog Industries
Virtual Cards Can Be Valuable For Analog Industries
September 23, 2019  |  B2B Payments

Last week’s launch of the Mastercard Track Business Payment Service, designed to automate payments between the world’s suppliers and buyers, is just one sign that...

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How Spending Cards Lighten Solar Installation’s Financial Burden
How Spending Cards Lighten Solar Installation’s Financial Burden
September 20, 2019  |  Spend Management

  The U.S. construction market is on track to reach $1.8 trillion by 2023. In order for construction firms, contractors and subcontractors to succeed in...

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Building Vendor Trust With Virtual Cards
Building Vendor Trust With Virtual Cards
September 18, 2019  |  B2B Payments

In the $1.8T construction industry, payment delays to contractors and subcontractors can have a crippling effect on the timely completion of projects. Karin Rush and...

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Construction Payments: Building The House With Virtual Cards
Construction Payments: Building The House With Virtual Cards
September 17, 2019  |  B2B Payments

In today’s highly interconnected ecosystem, businesses rely on many other companies to keep their operations running smoothly. The timeliness of B2B payments raises the stakes...

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Deep Dive: Making Field-Based Employees More Efficient
Deep Dive: Making Field-Based Employees More Efficient
August 30, 2019  |  Spend Management

The number of workers who participate in field-based roles — including construction professionals, plumbers and pipefitters — is projected to surge in the coming years....

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Why Communication Is Key To Faster Construction Payments
Why Communication Is Key To Faster Construction Payments
August 16, 2019  |  B2B Payments

Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. In the U.K., the...

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