How much time do we waste every day on tasks that could be automated or made more efficient? In many cases, it means investing a bit of work up front to reap the benefits later. Other times, it’s simply about being open to change and finding a better way. In the development and lending space, Excel is still the primary tool—practical, yes, but far from efficient. These manual processes often lead to delays, errors, and higher costs in both time and money. In the 2024 Construction Payments Report shared below, it shares how automation can reduce processing time by up to 60%. Imagine what your team could do with that extra time. How much could you save by moving beyond manual processes? https://lnkd.in/g954RsJW #Automation #ConstructionEfficiency"
🏗️ Vince Heaton’s Post
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In a terrific article for Modern Storage Media, Tammy LeRoy details the issue of rising construction costs in the self-storage industry. In order to make good financial decisions regarding your capital expenditures, you need a tool where you can quickly store and retrieve information regarding all your real estate assets. That is why we developed FacilIQ. FacilIQ provides you clear visibility into the physical and financial condition of each property; helping you to align priorities, to capitalize on opportunities, and to forecast capital needs. #self-storgage #cap-ex #proptech #propertymanagement #moreprofits #software
Rising Construction Costs: Developers Discuss Why They're Up And Ways To Save
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Construction Cost Estimates with Construct Swift! At Construct Swift, we specialize in providing accurate and detailed estimates for construction projects. Here’s why you should choose us: Accurate Estimates: We ensure our cost estimates are precise, helping you plan your budget effectively. Expert Team: Our experienced estimators have a deep understanding of construction costs, ensuring your project remains on budget. Thorough Analysis: From materials and labor to overhead costs, we break down every expense so you have a clear understanding of where your money goes. Advanced Tools: We use cutting-edge software to streamline the estimation process, making it quicker and more reliable. Personalized Service: We work closely with you to understand your project goals and constraints, ensuring our estimates meet your specific needs. Whether you’re starting a new build or renovating an existing structure, count on Construct Swift to provide you with dependable construction cost estimates that help you make informed decisions. Let’s discuss how we can assist with your project. Contact us today! #constructswift #ConstructionEstimates #BuildingWithConfidence #detailedestimation #ConstructionManagement #budgetplanning #BuildingProjects #buildingyourfuture
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In construction, cash is everything. But #subcontractors often get the short end of the stick. Our Founder and CEO, Gloria Lin, dives into the outdated payment processes plaguing the construction industry and how Siteline is bucking the status quo. Read her latest article to discover how you can take control of your A/R and get paid faster: https://bit.ly/3UX3uG9 #construction #constructionaccounting #contech
Flipping the Construction Payment Script: How Subcontractors Can Take Control of Their A/R
siteline.com
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Fullstack developer || .NET CORE || Web API || Angular |Microservices || Entity framework core|| MS-SQL || Agile Scrum ||Azure cloud|| Git || Fintech
Excited to share that the product I developed with our amazing team (Mohan Negi Hemant Dutt ankit kumar Arun yadav ) at Priority is now live! Check out the insightful webinar hosted by our founder. Proud to be part of this journey! 🚀 #ProductLaunch #TeamWork #Innovation #fintech
Learn how your organization can save time and money on construction projects. Attend our free lunch and learn webinar Thursday, July 25, at 2 p.m. ET hosted by Jammil Handal, founder and EVP of MX Build. Automate lien waivers, manage cash flow, and streamline construction finance. Register now to secure your spot! https://lnkd.in/g-jzeavz
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Did you know the average construction company waits 83 DAYS to get paid? Bottomline's Paul McMeekin explains why getting paid ISN'T always as straightforward as it should be... not to mention, a few ways to improve efficiency! 👀💸👷♂️ #ConstructionIndustry #PaymentDelays #PaymentAutomation #Payments #Automation #DigitalTransformation
Construction sector builds on automated payments
social.bottomlinepayments.com
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Learn how to invoice promptly, automate time collection, set credit limits, and more when dealing with cash collection for your construction business. https://hubs.la/Q02snY9r0 #SageCRE #Construction #CashFlow
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Over half of construction projects affected by overbilling: Payapps - an Autodesk Company #proptech #australianproptech #propertytechnology #proptechnews #australianfintech #fintech #fintechnews #payments #digitalpayments #overbilling #invoicing #construction
Over half of construction projects affected by overbilling: Payapps report - Australian FinTech
https://australianfintech.com.au
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While construction methods have advanced, payment processes lag behind—which is particularly detrimental to #subcontractors. In her latest article, Gloria Lin, our founder and CEO, explores the root causes of this issue and reveals how Siteline is modernizing these workflows for faster, more predictable payments. https://buff.ly/3UW2P84 #construction #constructionaccounting #contech
Flipping the Construction Payment Script: How Subcontractors Can Take Control of Their A/R
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🏗️ Design-Build Projects: A Booming Opportunity with Hidden Cash Flow Risks Design-build is reshaping construction, expected to account for 47% of U.S. construction spending by 2026. While this method speeds up delivery and fosters collaboration, subcontractors often face unique financial challenges: - Unapproved change orders - Payment delays (45-90 days or more) - Rising material costs In our latest blog, we explore these challenges and share strategies to protect your cash flow. Learn how solutions like Constrafor's Early Pay Program can help you bridge the gap without taking on debt. Read the blog: https://hubs.ly/Q02_7kgn0 #ConstructionFinance #DesignBuild #CashFlowManagement
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Economist in PYMNTS
3wI think there might be a bug, because it doesn't allow me to download the report.