Invoice “factoring” is a financing arrangement in which a subcontractor sells outstanding invoices to a factoring company. Here’s how it works. After the contractor signs a “verification” (or ...

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Artificial intelligence (AI) tends to come up in the context of remote monitoring software and tools that upload data to the cloud. It has a place in the back office, too — as Beyer Mechanical, one of ...

Kojo, a materials management platform, has announced the launch of its new Automated Invoice Matching product. This product supports the accounting process for commercial trade contractors, helping ...

New Jersey's Prompt Payment Act: Construction Contract Considerations for Developers and Owners "Where the owner fails to remit timely payment of an approved invoice, after giving seven calendar days' ...

Flexbase is turning construction financing on its head with a new credit card — the industry’s first, according to the founders — that offers up to 60 days interest-free financing. The company, which ...

Corporations that deliver software and IT services find themselves concerned with an ever-increasing demand for transformation and improved customer experience, growing requirements around ...