Commercial Credit Group

MARCH 5, 2023

This week marks the 63 st anniversary of Women in Construction Week and CCG is celebrating all the women in this critical and essential industry.

Construction 98

Construction Finance 98

Commercial Credit Group

JANUARY 6, 2023

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. They have been through many business cycles and have seen construction businesses thrive, survive, and fail.

Construction 52

Construction Sales 52

CFO Dive

MAY 1, 2023

Pending shareholder approval, Jolanda Poots-Bijl is set to take the financial helm from Natalie Knight who is leaving to take another CFO role at automaker Stellantis.

CFO 237

CFO Construction 237

Fox Corporate Finance

FEBRUARY 20, 2023

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF European Infrastructure & Construction Market Study – 2022”. Based on available data from European infrastructure and construction companies, the FCF Infrastructure & Construction.

Construction 52

Construction Corporate Finance Marketing Finance 52

Mckinsey and Company

OCTOBER 16, 2022

Rising demand for greener approaches creates an imperative for the industry to seize the moment, adopt new mindsets, and set standards for the transition to a greener future.

Construction 295

Construction 295

PYMNTS

DECEMBER 28, 2020

In the construction industry, the ERP is especially valuable considering the complex network of collaborators, and subsequent high volume of data, involved in a single project. From managing subcontractors to coordinating with insurance firms to paying employees, data sits at the heart of every construction project. "I

Construction 111

Construction Invoicing Auditing Finance 111

Accountancy Today

JULY 25, 2022

Data from The Gazette Official Public Record revealed construction, manufacturing and retail were the sectors that accounted for almost 40% of administrations in 2022.

Construction 82

Construction Manufacturing Retail Accounting 82

Mckinsey and Company

APRIL 28, 2022

Rising demand for greener approaches creates an imperative for the industry to seize the moment, adopt new mindsets, and set standards for the transition to a greener future.

Construction 250

Construction 250

CFO News

DECEMBER 16, 2022

Speaking virtually at the 95th FICCI Annual Convention and AGM, he said, "We are trying to minimise use to cement and steel in construction work by adopting substitutes such as oil slag, waste plastic and rubber, and demolition waste among others."

Construction 52

Construction 52

Fox Corporate Finance

JANUARY 17, 2022

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF European Infrastructure & Construction Market Study – 2021”. Based on available data from European infrastructure and construction companies, the FCF Infrastructure & Construction.

Construction 52

Construction Corporate Finance Marketing Finance 52

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Additionally, the infrastructure automates the procedure for processing the hard copy and emailed invoices that construction firms receive for their work.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

NOVEMBER 9, 2020

Many of these processes are decades-old and must follow complex regulatory guidelines, as is the case in the construction industry. Construction companies are facing both time and cash crunches due to dwindling work opportunities and slower payment timelines during the crisis. Late or lagging payment processes can expand costs.

Construction 91

Construction Accounts Payable B2B Invoicing 91

Mckinsey and Company

OCTOBER 18, 2022

Bold moves in gigafactory construction, supply chain strategy, and talent acquisition can help industry players get ahead. As the auto market embraces electric vehicles, battery demand is soaring.

Construction 358

Construction Marketing 358

Mckinsey and Company

JANUARY 12, 2022

How can the cement and construction industry achieve net zero by 2050? Here are the key takeaways from a roundtable discussion McKinsey hosted at the COP26 Climate Change Conference.

Construction 310

Construction 310

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. In June, Centsoft introduced AP automation for companies in the construction sector.

Accounts Payable 69

Accounts Payable Construction Invoicing General Ledger 69

Mckinsey and Company

FEBRUARY 7, 2023

The need to compete for skilled labor could delay fab construction in the United States, but some new strategies may help accelerate progress.

Construction 240

Construction 240

PYMNTS

FEBRUARY 2, 2021

Although the concept is designed to support greater control over cash flow — especially for buyers — in the construction industry, “net terms” doesn’t necessarily mean what it implies. There are several other key pain points in construction B2B payments that harm both buyers and suppliers. Dual-Sided Pain Points.

B2B 65

B2B Construction Invoicing Finance 65

Corporate Finance Associates

NOVEMBER 3, 2021

The report below gives a good overview of the Fall 2021 M&A activity in the Engineering and Construction Industry Sector. In 2020, the worldwide construction market declined from USD 11.21 The heavy and civil engineering industry would be the fastest-growing construction category, due to low-cost labor and raw materials.

Construction 52

Construction Budgeting Marketing Corporate Finance 52

PYMNTS

APRIL 23, 2019

Business management technology provider Sage is rolling out a new solution designed to help construction firms track the health of company finances and compare performance against industry peers. “This offering is our latest commitment to helping construction firms improve their financial health.” In the U.S.,

Benchmarking 46

Benchmarking Construction Finance Accounts Payable 46

Mckinsey and Company

OCTOBER 16, 2022

As economies, climate, and technologies change, so does the construction industry. Tariq Taherbhai of Aon explains today’s most pressing risks.

Construction 265

Construction Technology 265

PYMNTS

DECEMBER 23, 2019

construction giant Carillion collapsed, but the saga continues to send shockwaves throughout the global construction industry. Small businesses are the fabric of the construction industry,” he said. What’s important to acknowledge, however, is that malicious late payments are not the norm for the construction sector.

Construction 52

Construction B2B Investments Technology 52

Mckinsey and Company

OCTOBER 17, 2022

There’s a historic and widening labor shortfall in the US construction sector. Yet it extends far beyond jobsites and varies by location, demanding tailored solutions.

Planning 237

Planning Construction 237

CFO Dive

SEPTEMBER 21, 2022

Record home prices, mounting construction costs and a Fed-spurred rise in mortgage rates have worsened a downturn in housing, homebuilders said.

Construction 267

Construction 267

PYMNTS

FEBRUARY 20, 2019

Rabbet, an intelligent construction finance platform, announced Wednesday (Feb. With the support of Goldman Sachs , QED and Camber Creek, Rabbet will further its mission to bring frictionless transactions to the construction industry,” Rabbet CEO and Co-Founder Will Mitchell said in the press release.

Construction 53

Construction Finance Investments Compliance 53

PYMNTS

JUNE 17, 2020

home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. Home construction activity is beginning to slowly reawaken, just two months after the industry experienced an unprecedented decline in activity,” said Matthew Speakman, an economist at Zillow, wrote.

Construction 56

Construction Budgeting Economics Marketing 56

PYMNTS

AUGUST 4, 2020

“Wawa continues to test new store concepts with this latest drive-thru format, providing an opportunity for our customers to still experience and enjoy their favorite Wawa products while remaining inside their vehicle,” said Terri Micklin , Wawa’s director of construction, in a statement. “It

Construction 62

Construction Planning Numbers Retail 62

PYMNTS

AUGUST 16, 2019

Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. the collapse of construction conglomerate Carillion pulled back the curtains on the corporate’s B2B payment practices. In the U.K.,

Construction 50

Construction Communication Invoicing B2B 50

PYMNTS

SEPTEMBER 17, 2019

Keeping Construction Payments Fraud-Free. trillion construction market can have long-ranging effects. Cash flow problems can result in construction firms delaying payments to vendors, suppliers or subcontractors, which in turn can result in late delivery of supplies, therefore delaying projects from the beginning.

Construction 52

Construction Accounts Payable B2B Invoicing 52

PYMNTS

OCTOBER 16, 2018

Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of contractors and subcontractors adding hurdles in the financial supply chain.

Construction 64

Construction B2B Finance Invoicing 64

PYMNTS

JUNE 12, 2018

There is a sudden surge in construction technology startups, and investors have perked up. Analysts forecasted a 40 percent increase in venture capitalist (VC) funding for construction startups between 2014 and 2017, with investments totaling $375 million last year. trillion global valuation by the end of the decade).

Construction 52

Construction Profit and Loss Compliance Startups 52

CFO Dive

AUGUST 18, 2022

Factors including stock market volatility and a slump in both housing construction and manufacturing orders could cause a downturn by early next year.

Construction 227

Construction Manufacturing Marketing 227

PYMNTS

SEPTEMBER 25, 2019

trillion construction industry has not yet had its moment of digital reckoning. Recent data indicates that construction firms typically rank in the bottom percentage of U.S. Construction firms looking to remain profitable must ensure proper cash flows and complete projects on time, but old school practices can get in the way.

Construction 43

Construction Budgeting Cost Management Technology 43

PYMNTS

NOVEMBER 16, 2018

Financial solutions provider Comdata is teaming up with Computer Guidance Corporation to integrate virtual card payment functionality for the construction industry. Computer Guidance Corporation offers cloud ERP solutions for the construction sector. On Thursday (Nov.

Construction 49

Construction Accounts Payable Reconciliations B2B 49

Mckinsey and Company

JANUARY 13, 2022

The head of MIT’s Center for Constructive Communication talks about how data can help storytellers, what audiences of the future might look like, and why artificial intelligence cannot replace human creativity.

Construction 274

Construction Communication 274

CFO News Room

OCTOBER 21, 2022

In the United States, zoning laws are overwhelmingly local concerns, though heavily influenced by federal pressures like lending and highway construction. A government-led affordability analysis found 66 percent of newly constructed units were affordable to low-income renters. . Why the paltry supply?

Construction 130

Construction Transportation Budgeting Marketing 130

PYMNTS

APRIL 25, 2019

However, according to Keith Holmes, VP of operations at equipment rental platform BigRentz , in the last several years, he has seen a significant shift from the purchasing model to the rental model among the construction companies that use the site. “We’ve seen a big shift. Rental Pains.

Construction 49

Construction Finance Economics Invoicing 49

PYMNTS

MARCH 8, 2019

A B2B transaction in an industry like construction, where what triggers a payment isn’t a single, simple invoice. It is perhaps unsurprising, then, that the construction sector is no stranger to delayed and late B2B payments. What’s more complicated than a B2B transaction? In fact, nearly half wait up to 90 days to receive funds.

Construction 50

Construction B2B Invoicing Banking 50