construction

Late Payments Plague 100% of Construction Companies
Late Payments Plague 100% of Construction Companies
December 06, 2023  |  Accounts Receivable

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the...

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Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
November 21, 2023  |  SMBs

If startups are the lifeblood of Main Street businesses, and if optimism is what drives sole proprietors and small firms to make a go of...

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Vizalogix Joins Texada to Bring Augmented Reality to Construction Industry
Vizalogix Joins Texada to Bring Augmented Reality to Construction Industry
November 10, 2023  |  Partnerships

Vizalogix and Texada partnered to bring augmented reality (AR) technology to the construction industry. This collaboration brings together Vizalogix’s hub of engagement layers designed to...

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Kraaft Raises $3 Million to Expand Contractor Messaging App
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023  |  Investments

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. According to a report Wednesday (Oct. 4) by EU Startups, the French company will...

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Trusstor Debuts Digital Last Planner for Construction Firms
Trusstor Debuts Digital Last Planner for Construction Firms
September 06, 2023  |  Commercial Payments

Construction operations platform Trusstor has introduced a project management system to ensure timely completion. Announced Wednesday (Sept. 6), the company’s Last Planner aims to drive digital transformation in...

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STACK and Billd Team to Help Contractors Secure Working Capital
STACK and Billd Team to Help Contractors Secure Working Capital
September 06, 2023  |  Spend Management

Construction payment provider Billd is working with software platform STACK to improve working capital access.  The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now...

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Healthcare, Leisure and Hospitality Lead Job Gains in August
Healthcare, Leisure and Hospitality Lead Job Gains in August
September 01, 2023  |  Economy

The U.S. economy added 187,000 jobs in August, with the healthcare and the leisure and hospitality sectors leading the way. The number of jobs added during the...

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Trunk Tools Raises $9 Million for Faster Construction Pay
Trunk Tools Raises $9 Million for Faster Construction Pay
July 13, 2023  |  Investments

Construction-focused FinTech Trunk Tools has raised $9 million to help workers get paid faster. The company’s seed round, announced Thursday (July 13), comes at a time when instant payroll...

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Merchant Lynx Acquires NCCP to Expand Into Trucking and Construction
Merchant Lynx Acquires NCCP to Expand Into Trucking and Construction
July 06, 2023  |  Acquisitions

Merchant acquirer Merchant Lynx Services says it is expanding into new industries. To that end, the Florida-based company has purchased National Credit Card Processing Group (NCCP), according to a...

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