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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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Why Spend Management Tools Matter For Field-Based Workers

PYMNTS

The latest Workforce Spend Playbook showcases the shifting spend management solutions landscape and how improved services are affecting SMBs’ in-field expense management, back-office operations and bottom lines. Spend Management Solutions Are on the Rise. billion by 2026.

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JAGGAER Scoops Up BravoSolution In Spend Management Expansion

PYMNTS

In a news release , JAGGAER said it would acquire BravoSolution from Italmobiliare in a deal that will make the company the “largest independent, vertically focused spend management solutions company in the world.” According to JAGGAER, the takeover means its customer base will grow to 1,850.

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How Schools Can Ace Employee Spend Management

PYMNTS

For instance, janitors and repair professionals typically don’t spend out-of-pocket for items like cleaning supplies or light fixtures. Even a small school district might have 120 open purchase orders with a bunch of vendors,” said Steinhardt. Rather, it’s the nature of those transactions that are shifting.

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How Spend Tech Helps Power Post-Disaster Reconstruction

PYMNTS

Conventional construction crews are ill-equipped to handle the type of damage that fires, floods and other potentially catastrophic events can cause to buildings. Check out the Tracker’s Deep Dive to learn how AI-powered solutions can increase convenience and productivity while also reducing the costs of fraud and avoidable errors.

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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.