2023 Construction Payments Report

Nearly 14% of total construction costs could be eliminated with faster, more reliable payments to contractors. 

While the health of contractors’ businesses is steady even in these turbulent times, a developer’s reputation for timely payments is even more critical today—93% of subcontractors consider payment reputation when deciding project bids. 

Slow payments are becoming an increasingly pressing issue that key players in the industry are struggling to solve. Download the report to learn more about the impact of slow payments on the industry.