Remove accounts payable Remove AP Processes Remove Construction
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Deep Dive: How Digital AP Can Help Construction Firms Navigate Payment, Procurement Challenges

PYMNTS

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.

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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

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. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Esker, Fuji Xerox Team Up For APAC Accounts Payable

PYMNTS

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. Moving forward the firms will expand the offering to Australia, Hong Kong and Singapore.

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How Construction Accounting Software Enhances Project Management and Profitability

Accounting Seed

Accounting plays a crucial role in the construction industry by ensuring efficient management of resources. Accounting Seed, for instance, optimizes your workflows with an all-in-one platform that handles both CRM and accounting needs. It streamlines this process because it’s built natively on Salesforce.

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Propel Your Organization’s Financials Using the Power of Cherry Bekaert and Sage Intacct

Cherry Bekaert

The platform also offers numerous benefits for your core financial functions, including accounts payable, accounts receivable, cash management, general ledger, order management and purchasing. Real Estate & Construction : Keeping an eye on expenses is critical in this industry.

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Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

PYMNTS

Construction companies need to ensure they can swiftly purchase materials and other supplies to complete their projects and maintain steady cashflows. Many corporate buyers are finding that using paper checks increases their accounts payable (AP) expenses unnecessarily as well, and vendors often want to get paid faster than checks allow.

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7 Key Benefits of Sage Intacct for Construction Companies

Cherry Bekaert

As the demand for new infrastructure, commercial and residential buildings, and renovations expands, the construction industry also faces labor shortages, rising materials costs, and supply chain delays. Improved Financial Visibility Sage for Construction provides real-time visibility into your company’s financial performance.