According to the 2019 AFP Payments Fraud and Control Survey, 82% of organizations reported fraud incidents in 2018, and 43% experienced direct financial loss as a result. The construction industry isn’t exempt—56% of fraud cases are directly related to billing and check/payment, and the median loss reached approximately $250,000 in more than 40 fraud cases. […]
Technology is changing the way we do business, and the way your bills are received and paid is no exception. Automating this process saves your company significant time and cuts costs by 60 percent or more—not to mention how convenient it is for employees who are constantly in the field. Join us for this interactive […]
With electronic payments, your vendors can get paid faster and more accurately with excellent remittance details. Your team and vendors also can go online to see the status of payments, giving you greater visibility into your processes. Additionally, ePayments reduce your susceptibility to late fees.
Join us for this webinar to discover the top 3 benefits construction companies can receive from automating: the ability to grow construction revenue without increasing overhead, minimizing the risk of check fraud and increasing the security around payments, and reduced operating costs by 60%, or more.