zlien blog

Tag: Construction Technology

  • Build Relationships and Make Construction Payment Fair Through Notice and Waiver Process

    The construction industry is a relationship industry. While the same can be said for many industries, the unique and convoluted nature of construction projects, and construction payment, shines a bright light on these relationships. The inevitable payment delays on construction projects can be managed and mitigated through building stronger relationships, and playing fair. Plus, doing so can…

  • Why You Should Send a Lien Waiver with Every Invoice

    Lien waivers are one of the backbones to a fair payment system in the construction industry. The importance of lien waivers cannot be overstated, and neither can the need to understand their proper purpose and to utilize them properly. Read on to learn why it’s a good idea to send a lien waiver with every invoice.…

  • Lien Waivers & Technology

    The following post will briefly explain lien waivers, their common problems, and how technology can solve those issues. For additional information, please see a guest post discussing lien waivers by Scott Wolfe on Christopher Hill’s Construction Law Musings blog. Lien waivers are essential to construction payment, and proper lien waiver management is crucial to good credit management. Since an…

  • What the Billtrust + zlien Partnership Means To You

    Here is a story of two credit and collection departments: the status-quo team and the data-driven team. The status quo team has a way of doing things that work, and has worked for years. Their credit risks are controlled, and their collection rates are acceptable to management. Their system may be a green-screen, but it…

  • The Ultimate Credit Technology Stack

    Credit departments in the building materials supply industry have a difficult task: approving and monitoring credit limits and payments for thousands of customers and hundreds of thousands of projects every year can get a bit cumbersome. Luckily, technological advances have made it much easier for credit teams to manage customer relationships, and good credit departments know…