Productivity in Construction

All construction has one thing in common: it is all supposed to get paid for. BuildPay’s payment tech grew from the need for payment efficiency in construction. Everyone recognizes the need – that’s why we see new products every year that are...

This Halloween, Get Paid with BuildPay

Payment in construction can be frightful for everyone involved – from the bank to the sub to the material provider. Everyone has a stake in finishing the project (and getting paid), but the lack of visibility up and down the payment chain can sneak up and scare the...

Why Construction Needs to Ditch Paper Checks

Checks are a form of payment that date back to the 11th century. That’s pretty old for any process to subsist with minimal change! The construction industry is struggling with being staid and therefore is somewhat unappealing to young people. It’s an industry that...

THE TOP 10 (FIXABLE) CONSTRUCTION PAYMENT PROBLEMS COUNTDOWN

NUMBER ONE – Mom & Pop Independent Material Providers across the country all seem to say the same thing, “we do not like being the bank for projects”, referring to their extending lines of credit for materials averaging 42% of a project’s cost and then...