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How Inefficiencies Upstream Impact the Entire Construction Payment Cycle.
Payments in the construction industry are notorious for being late. These delays impact much more than just the subcontractors waiting for their cash: Everyone in the supply chain suffers. Chris Doyle, CEO of Billd, and Will Mitchell, CEO of Rabbet dive into the intricacies and impacts of late payments across the construction industry, why these issues are so pervasive, and what the industry can do right the ship.
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By Christopher Doyle and Jesse WeissburgPayments in the construction industry are notorious for being late. These delays impact much more than just the subcontractors waiting for their cash: Everyone in the supply chain suffers. Chris Doyle, CEO of Billd, and Will Mitchell, CEO of Rabbet dive into the intricacies and impacts of late payments across the construction industry, why these issues are so pervasive, and what the industry can do right the ship.