Old-School Billing Is Creating a Construction Industry Cash Crunch

March 13, 2025

During times of uncertainty, payment issues can be more of a threat to survival than just a nuisance. The construction industry, a $2 trillion-plus behemoth in the U.S. alone, is notorious for payment gridlock. Who knew that building skyscrapers was easier than building a smooth B2B payment process? Picture this: A general contractor finishes a multimillion-dollar project, only to find themselves buried under a mountain of paperwork, waiting months to get paid. Subcontractors and suppliers feel the pinch too, often left juggling bills while waiting for checks that seem to crawl through the postal system.

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