construction

Procore Introduces Tool to Speed Up Slow Construction Payments

Procore Introduces Tool to Speed Up Slow Construction Payments
Procore Introduces Tool to Speed Up Slow Construction Payments
November 08, 2022  |  Real-Time Payments

Construction management software provider Procore has launched a tool it says will help solve a perennial problem in its industry: slow payments. Procore Pay, built...

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Retail Warehouse Shortage Could Worsen as Cities Mull Construction Bans
Retail Warehouse Shortage Could Worsen as Cities Mull Construction Bans
October 10, 2022  |  Retail

In the city of Colton, California, there are 54,000 residents and 58 licensed warehouses. The city is in the state’s Inland Empire, just east of...

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DOZR CEO Says BNPL Doubles Net Terms for Construction Rental Marketplace Buyers
DOZR CEO Says BNPL Doubles Net Terms for Construction Rental Marketplace Buyers
September 19, 2022  |  B2B Payments

Cash flow is a significant challenge in the construction industry. Contractors often must cope with 30- to 60-day payments and holdbacks of as much as...

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Caterpillar’s Q2 Shows How Companies Reap Current Rewards From Old Tech Investments
Caterpillar’s Q2 Shows How Companies Reap Current Rewards From Old Tech Investments
August 04, 2022  |  Earnings

As ye sow, so shall ye reap, as the saying goes. But when it comes to investments in eCommerce and other digitization efforts, it can...

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Construction Billing Platform Siteline Raises $15M
Construction Billing Platform Siteline Raises $15M
February 24, 2022  |  Investments

Construction billing platform Siteline has raised $15 million in Series A funding, the San Francisco company announced Thursday (Feb. 24). The round brings the company’s...

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Costly Construction Materials Just Got 4x Easier for Contractors to Afford
Costly Construction Materials Just Got 4x Easier for Contractors to Afford
September 16, 2021  |  B2B Payments

Most contractors working in commercial construction projects pay for materials long before receiving payment for their work. In fact, 74% have terms with their suppliers...

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How Bank Collaboration Sets The Stage For Construction Procure-to-Pay Efficiency
How Bank Collaboration Sets The Stage For Construction Procure-to-Pay Efficiency
August 13, 2021  |  B2B Payments

The construction sector is among the oldest of trades, so it’s not shocking that around the world, construction workflows continue to rely on outdated processes....

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Command Alkon Launches TicketPro To Digitize Ticket Data
Command Alkon Launches TicketPro To Digitize Ticket Data
July 08, 2021  |  B2B Payments

Command Alkon launched a product known as TicketPro, a product designed to digitize material and haul tickets at a facility or job site by extracting...

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