construction

Accountants Missing Construction’s Nuanced Cash Management Needs
Accountants Missing Construction’s Nuanced Cash Management Needs
September 13, 2017  |  B2B Payments

The construction industry is facing multiple headwinds, from late supplier payments to a talent shortage. According to Euler Hermes, the construction sector, which is worth...

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Lowe’s Now Offers Prepaid Credit Cards For Construction Crews
Lowe’s Now Offers Prepaid Credit Cards For Construction Crews
August 11, 2017  |  Prepaid

Lowe’s has added a prepaid solution for construction crews, using a platform from Fidelity National Information Services (FIS). PaymentsSource reported that while Lowe’s has long...

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U.S. Legislators Aim For Faster Construction Company Payments
U.S. Legislators Aim For Faster Construction Company Payments
July 05, 2017  |  B2B Payments

Legislators in markets like the U.K. and Australia have begun to publicly combat late supplier payments to SMEs, but efforts in the U.S. have been far...

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Viewpoint Releases Enterprise Cloud Tool Built For Construction
Viewpoint Releases Enterprise Cloud Tool Built For Construction
June 05, 2017  |  B2B Payments

Viewpoint has developed a cloud-based solution specific to the construction sector in an effort to boost productivity for the industry, it said. The company said Friday...

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Construction Lands In FinTech’s Spotlight — Here’s Why
Construction Lands In FinTech’s Spotlight — Here’s Why
May 10, 2017  |  B2B Payments

The construction industry is a key measure of overall economic strength and can provide unique insight into the financial health of the country overall. With...

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Can Faster Payments Deliver A Sledgehammer To Construction Bureaucracy?
Can Faster Payments Deliver A Sledgehammer To Construction Bureaucracy?
February 09, 2017  |  Faster Payments

On the job, the most effective tool for a construction worker could be a hammer or saw or even a nail gun. But in terms...

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AvidXchange Tackles Construction’s AP Challenges
AvidXchange Tackles Construction’s AP Challenges
February 03, 2017  |  B2B Payments

AP automation firm AvidXchange is tackling some of the construction industry’s biggest supplier payments challenges, but it isn’t doing it alone. The company said Thursday...

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Optal, Open ECX Move To Streamline Construction AP
Optal, Open ECX Move To Streamline Construction AP
January 19, 2017  |  B2B Payments

Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. Reports Wednesday (Jan. 18) said Optal is collaborating with...

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The UK Construction Sector’s B2B Payment Practices Crumble
The UK Construction Sector’s B2B Payment Practices Crumble
December 01, 2016  |  B2B Payments

Late payments are considered an epidemic by some in the U.K. as small businesses struggle to keep their financial heads above water. Just this week,...

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