Embracing AI in Credit Management: Enhancing Efficiency Without Replacing Jobs

Written By: Handle.com – A Preferred Partner of NACM CS In today’s rapidly evolving financial landscape, artificial intelligence (AI) is not just a buzzword but a transformative force reshaping various industries, including credit management. As credit managers and accounts receivable professionals, it’s natural to approach new technologies with caution. However, AI stands not as a […]

Member Spotlight – Dan Simpson

Retention Not Withheld in California Case Where Dispute Existed

In 2010, Universal City (Universal) hired Coast Iron & Steel Co. (Coast Iron) to build a new ride at the Universal Studios Hollywood. Coast Iron subcontracted the installation of the metalwork to United Riggers & Erectors, Inc. (United Riggers). The initial subcontract between Coast Iron and United Riggers was for $722,742, but was increased by […]

Construction Law Not ‘One-Size-Fits-All’

Private and public construction laws across the United States are two sides of the same coin. The state statutes are similar yet different but often vary greatly. Even within the same state, laws differ depending on the type of project (private, public, commercial or residential). Construction creditors need to be on the lookout for several […]

Five Practices to Help You Get Paid from Construction Industry Customers

By Laurie Hager, Sussman Shank Collection of accounts receivable is vital to any business, and the construction industry is no exception. When a customer timely pays without incident, things are great. Sometimes, however, customers do not pay on time for a variety of reasons. Perhaps the customer cannot pay because of cash flow problems. Other […]