Business
Three Essential Tips for Managing Accounts Receivable in Construction
Managing accounts receivable in the construction industry can be tricky, but it should always be a top priority for all contractors, suppliers and business owners. Contractors can take note of these practices to improve their collection processes and cash flow.
By Patrick Hogan
June 13, 2019
Topics
Business
by Patrick Hogan
Patrick Hogan is the CEO of Handle.com, where they build software that helps contractors, subcontractors, and material suppliers with late payments. Handle.com also provides funding for construction businesses in the form of invoice factoring, material supply trade credit, and mechanics lien purchasing.
Related stories
Business
Combating Construction Carbon: How Heavy Machinery Can Further Sustainability
By Leif Bruhn
Contractors must act now to build the new cities of tomorrow without relying on the building practices of yesterday. Decarbonizing off-highway machines such as excavators will play a critical role.
Business
Checking In: Construction Company Founder Details His Own Struggle With Depression
By Maggie Murphy
The B1M founder and mental-health advocate, Fred Mills, tells all about his love for construction, his personal struggle in overcoming mental-health challenges and what he believes the industry can do to ensure its workforce is thriving.
Business
Executive Decision: An Analysis of Trump Executive Orders
By Michael Altman
President Trump’s slew of executive orders will have both positive and challenging implications for the construction industry. Here’s a breakdown of what to keep an eye on when it comes to your workforce.