Verfico Technology

🎉 Exciting News! 🎉 Verfico Technology is proud to announce that our CEO Matthew DeSarno has been selected as D Magazine's Dallas 500 CEOs for 2025! This prestigious recognition highlights Matt's outstanding leadership and the impact he’s made, not just within our company, but in the broader Dallas business community. Please join us in celebrating this well-deserved honor. Congratulations, Matt! #Techleadership #Leadership #Dallas500 #DCEO

🔑 Unlock 20 Years of Property Tax Savings with NYC’s 485-x Program! 💸 The 485-x Real Property Tax Law offers developers substantial tax incentives when building affordable housing in NYC. By meeting requirements in: ✅ Affordability ✅ Wage and Safety Standards ✅ MWBE Participation Ensuring compliance is critical, and Verfico Technology offers tailored solutions alongside tools like Tough Leaf and Odin to support developers in managing MWBE connections and real-time workforce tracking. Non-compliance is costly, so proactive compliance is key. Resources like the Compliance Dashboard help track wage, safety, and MWBE criteria in real-time. Discover eligibility and unlock new potential under the 485-x program! https://lnkd.in/g7e9i34R #AffordableHousing #NYCConstruction #Compliance #ConstructionSafety

Thank you Chad Prinkey and StacEy Holsinger - I enjoyed the discussion. Also available on: https://lnkd.in/gDPA3vYi (YouTube) https://lnkd.in/g9TJ55fG (Spotify) https://lnkd.in/gutYyBWF (Apple Podcast) #wageassurance

I was proud to represent Verfico Technology on a panel with Gilbane Building Company counsel Shelby Skeabeck and Handley, Farah, and Anderson Partner Matt Handley at the American Bar Association Construction Law Forum in Pittsburgh. Great discussion about the opportunities, challenges and technology tools available in navigating wage compliance in the construction industry. #wageassurance

The Verfico Technology Origin Story from Kate Dugan of Rock Spring Contracting, LLC the driving force behind the creation of the product: #wageassurance

Thank you Jack Herrera and Texas Monthly. This article https://lnkd.in/gG6VCfbz highlights the nuanced challenges and opportunities at the intersection of the immigration crisis and the construction labor shortage. An effective solution requires thoughtful leadership, not angry rhetoric. Verfico Technology aims to protect both companies and workers with transparency and accountability in the current reality. Here are a few excerpts: “The immigration challenge is nuanced and big, and there doesn’t seem to be a lot of incentive for policymakers to actually solve it,” Matthew DeSarno said. “But part of the challenge that can actually be solved is the wage theft part.” He said many large contractors have a financial interest in preventing worker exploitation because it creates a serious liability ... “I don’t think the [largest construction companies] of the world are intentionally trying to exploit undocumented workers,” DeSarno argued. “Those workers who are undocumented who are working for companies that are two, three, or four [subcontracting] levels below them.” Jeoff Williams said when subcontractors use Verfico software, it doesn’t necessarily mean they’re not using undocumented laborers...Verfico also guarantees that workers are getting paid correct wages, without anyone siphoning off the top. Today more than seven thousand laborers use the software, and the company’s client list includes multiple firms with more than $1 billion each in revenue, as well as the City of Grand Prairie, in North Texas. https://lnkd.in/gG6VCfbz #wageassurance Marek Brothers Construction Inc. Rock Spring Contracting, LLC Odin Labs Tony Payan

I’m very proud of the Verfico Technology team for making this this list in both the Risk Management and Workforce Management categories.

Verfico Technology has been recognized by Construction Executive as one of The Top Construction Technology Firms™ for 2024, a testament to our dedication to innovation. We're proud to be part of this esteemed group of companies dedicated to shaping the future and advancing technology in construction. #constructiontech #technology #construction #constructionexecutive https://lnkd.in/gUQQxwX7

I'm looking forward to this conversation with Chad Prinkey on The Morning Huddle Construction Show: Preventing Wage Theft - A Capitalist Alternative. Join me on October 29.

Verfico Technology was honored to sponsor the inaugural Dallas FBI Agents Association G Man Golf Tournament. Thank you to all who came out to support the FBIAA MEMORIAL COLLEGE FUND which ensures all children and spouses of FBI employees killed in the line of duty can pay for college. Thanks to the other generous sponsors, including QTS Data Centers and Pamir Consulting, LLC. Michael Murphy luke nolan Alan Kohler Charles Margiotta Butch Pine Michael Scherck Dan Cole, J.D.