Raken has expanded the capabilities of its field management solutions for the construction industry by adding an integration with the Sage Intacct cloud accounting, payroll and human resources (HR) solution. This integration automatically syncs project data, including completed time entries, and helps contractors shorten the...
We’ve heard of InsurTech, FinTech and more — but there’s a new player on the block. Meet construction tech: the latest iteration of the 21st century’s digital-fueled innovation renaissance. “Five years back, if you talked about construction tech, very few people knew about it. I...
Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and compliance, move money and make decisions, Built said in a Monday (March 11) press release. “One...
In what is said to be a leap toward streamlining construction payments and credit solutions, Handle.com has secured investments from Amex Ventures and Suffolk Technologies, the venture capital entity of Suffolk Construction. This infusion of capital underscores Handle’s growth and its role in the digital overhaul of financial operations within...
October 22, 2024
Delayed and incorrect payments are a perpetual headache for the construction industry. These issues not only burden accounting teams but also have serious downstream ramifications. Project delays and canceled contracts are just some of the consequences of payment problems. In the United States alone, slow payments in the construction sector have caused a staggering financial […]
March 18, 2024
We’ve heard of InsurTech, FinTech and more — but there’s a new player on the block. Meet construction tech: the latest iteration of the 21st century’s digital-fueled innovation renaissance. “Five...
March 06, 2024
Almost every construction project comes with two unavoidable truths: unexpected delays, and extra costs. But while construction projects facing procurement snags while running up labor costs are nothing new, the...
December 15, 2023
Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company waits to receive payment for...
August 05, 2024
Raken has expanded the capabilities of its field management solutions for the construction industry by adding an integration with the Sage Intacct cloud accounting, payroll and human resources (HR) solution. This integration automatically syncs project data, including completed time entries, and helps contractors shorten the time it takes to process payroll, reduce the number of […]
March 11, 2024
Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and...
March 06, 2024
In what is said to be a leap toward streamlining construction payments and credit solutions, Handle.com has secured investments from Amex Ventures and Suffolk Technologies, the venture capital entity of Suffolk Construction. This infusion of...
December 26, 2023
While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. These loans — known as CRE loans — were up 3% year over year, while...
