Remove Construction Remove Invoicing Remove Numbers Remove Reconciliations
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Why Legislation Isn’t Enough To Solve Construction’s B2B Payments Problem

PYMNTS

that most demonstrates the problem of late payments, it’s the construction sector. Late B2B payments in this space have been so troublesome, in fact, that legislators introduced the Construction Act several years ago to address the issue. If there’s one industry in the U.K.

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology

PYMNTS

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. The firm provides payout capabilities in addition to invoicing and tax solutions.

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Melio CEO: Helping SMBs Break Their Paper Check Dependency

PYMNTS

The company enables smaller firms in verticals such as restaurants and construction to pay their suppliers on an ongoing basis. The impact was felt disproportionately by smaller companies — and a significant number of them (restaurants in New York City, for example) had to close up shop in a single day. Never to return.