If you go by the statistics, it’s a stunningly common problem: 115 million small businesses worldwide say they are struggling with the complexity and stress of managing delayed receivables. According to UK financial organisation London and Zurich, one third of UK SMEs surveyed in 2014 said they were spending more than £500 a month just in handling late payments: “Those affected can be teetering dangerously close to the edge. Among the 60% of businesses affected by late payments, £38,000 is the average outstanding amount they are owed. A quarter of these businesses admitted that if their late payment figure hit £50,000, they’d be looking at bankruptcy.” So what’s the hold up? Let’s have a loo
Corecon Technologies, Inc., a leading provider of cloud-based construction estimating, project management and job cost software, was named to the Constructech 50. Recognized for the sixth consecutive year, Corecon was chosen to receive this honor among hundreds of technology companies reviewed by Constructech magazine editors. According to Constructech, the annual ranking in the publication’s July/August issue provides a list of the most influential construction technology companies with a strong and ongoing market presence in residential and commercial construction segments. The firms recognized are evaluated by Constructech’s editorial team based on various criteria, including the value of
