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Mastering On-Account Payments: Ensuring Smooth Cash Flow in Construction. (EP 184)
Manage episode 438907984 series 3423373
Content provided by C-Link. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by C-Link or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, Paul is joined by Patrick Carroll, QS and Founder of Carroll Estimating. This business provides a team of Contractor Quantity Surveyors and Estimators for less cost than one QS employee.
Paul and Patrick explore the intricacies of on-account payments and their critical role in maintaining smooth cash flow within construction projects.
- Challenges and Solutions: Common issues with on-account payments and strategies to ensure smoother transactions.
- Documenting and Following Up: Key steps subcontractors should take for timely payments.
- Accurate Payment Claims: The importance of accuracy in payment claims and best practices.
- Stories from the Field: Real-world examples of on-account payment challenges and successes.
- Frustrations and Solutions: Main contractors' frustrations are improving, and subcontractor transparency and communication are improving, especially during the tender stage.
Your free OTB download
I’ve shared a link to the eBook Your Mini Guide to Digital Signatures.
Want to connect with Paul?
Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com or through, C-Link.
Watch the Video to learn more; you can book a demo by clicking here.
C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS’ so much more efficient.
188 episodes
Share
Manage episode 438907984 series 3423373
Content provided by C-Link. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by C-Link or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, Paul is joined by Patrick Carroll, QS and Founder of Carroll Estimating. This business provides a team of Contractor Quantity Surveyors and Estimators for less cost than one QS employee.
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- Challenges and Solutions: Common issues with on-account payments and strategies to ensure smoother transactions.
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- Accurate Payment Claims: The importance of accuracy in payment claims and best practices.
- Stories from the Field: Real-world examples of on-account payment challenges and successes.
- Frustrations and Solutions: Main contractors' frustrations are improving, and subcontractor transparency and communication are improving, especially during the tender stage.
Your free OTB download
I’ve shared a link to the eBook Your Mini Guide to Digital Signatures.
Want to connect with Paul?
Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com or through, C-Link.
Watch the Video to learn more; you can book a demo by clicking here.
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Similar to Own The Build
How can business help solve society’s biggest challenges? Welcome to Series 3 of Take on Tomorrow, the award-winning podcast from PwC that examines the biggest problems facing society and the role business can—and should—play in solving them. This series, we’re welcoming broadcaster and journalist Femi Oke to the show. She joins podcaster and journalist Lizzie O’Leary, and together with industry innovators, tech trailblazers and visionary leaders from around the globe, they’ll explore timely ...
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continue reading
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…
continue reading
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…
continue reading
The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
…
continue reading
Wharton faculty and industry leaders discuss their latest research, books, and relevant business topics. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
The definitive business podcast from the BBC. Each week, the BBC's Evan Davis is joined by bosses, entrepreneurs and industry experts, to lift the lid on how their businesses work, and what it’s like to be in charge. They discuss a big issue, a big challenge, or a big question facing their industry. From managing AI to managing millennials, from supermarkets to supercharging a new product. And our guests will share their stories of success and failure along the way. Podcasts are published ev ...
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