Achieving a Successful Construction Closeout: A Guide for Subcontractors

Before the construction contract is finalized and a job begins, every party should be clear on the details and expectations related to retainage. Throughout the job, you’ll want to stay in communication with owners, subcontractors, and vendors to make sure everyone is on the same page in terms of progress, payment status, and any changes […]

Three-way matching definition

AP innovations are vital elements for a sustainable and centralized global business solution, one payment at a time. As much as companies want to pay their suppliers promptly, manual processing may cause delays because of backlogs or misplaced documents. Late payments tarnish a company’s reputation and may affect future transactions. Nothing, if it doesn’t have […]