5 Pillars of Payment Automation in Construction
Because construction companies are only recently adopting advanced back-office technology, case studies are scarce, and the path to change remains mostly uncharted. Some industry leaders who have delved into payment automation are rolling back because they have been bitten by hidden fees, dishonest contracts, and arduous implementation. They may not have the time or resources to accommodate these roadblocks and resolved that it’s simpler to accept the cost of maintaining a manual workload and additional headcount. With so many issues to keep track of, it can be difficult to know where to begin. Back-office processes amongst companies are so unique and nuanced that not every payment automation solution is built to support them. With that in mind, how do you determine which solution is right for your company? We have distilled the most important factors for consideration into five pillars.