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Deep Dive: Building Steady Construction Cash Flows With Digital Tools

PYMNTS

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.

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How Spending Cards Lighten Solar Installation’s Financial Burden

PYMNTS

construction market is on track to reach $1.8 In order for construction firms, contractors and subcontractors to succeed in this market, projects must be completed on time and within a fixed budget. Keeping track of cash flow and spending will be essential for construction firms that are active in the growing market.

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How Spend Tech Helps Power Post-Disaster Reconstruction

PYMNTS

Food and similar expenses remain high percentages of receipts submitted, but the top category for spending among workers is now ridesharing, according to one recent report. Trips taken on Uber alone accounted for 12.6 percent of all transactions reported on expense sheets in 2019, according to the report. About The Tracker.

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Spend Management Reaches For New — And Digital — Maturity

PYMNTS

New ways of managing spend and expenses is the focus of the latest PYMNTS “Beyond the Buzzword” podcast, this one featuring Karen Webster and Toffer Grant, CEO and founder of PEX. Spend Management Change. First, while the meaning of “ spend management ” may seem clear, there is no harm in defining it.