Author: Jeanne Wild
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A/R Management: When Traditional Tools Stop Working
As technology has advanced so too have the tools we use in our day-to-day lives. We don’t ride horses to work anymore, construction companies don’t use manual shovels to dig large holes, we rarely write hand-written letters, and many people don’t even hand-wash dishes anymore. Why? Because innovation and technology have given us faster, more…
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5 Collection Email Best Practices to Get Paid Faster in Construction
We all know what a pivotal role email plays in business as a means for quickly and effectively communicating with customers, business partners, suppliers, and other contacts. When it comes to invoice collection in the construction industry, email is just as important to the person in charge of collecting invoices as a hammer is to…
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Construction Accounts Receivable: Don’t Make These Tragic Mistakes
On the surface, extending credit to customers seems like a no-brainer; it’s an incredible way to attract and retain customers and build long-term, profitable relationships – but there are significant risks involved too. Extending credit is easy, but collecting on invoices is a very real threat to profitability, especially in the construction industry where invoicing…