Tackling the Growing Pain: Managing Inefficiencies in Your Accounts Receivables Process
While growing sales is the goal of all manufacturers, distributors, dealers and sellers, inefficiencies in AR management can severely hinder cash flow, increase operational costs, and limit profitability.
BlueTape Authorization: The Solution for Processing Custom Orders
BlueTape sellers can now access BlueTape Authorization, a solution designed to streamline the processing of custom orders for both sellers as well as borrowers.
5 Ways Outsourcing Trade Credit Can Improve Your Business's Bottom Line
Are you a building material supplier looking for ways to improve your bottom line? One solution you may not have considered is outsourcing your trade credit.
Challenging the Big Guns: Strategies for Small and Medium Building Material Suppliers to Outperform Big Box Stores
Small and medium building material suppliers face a tough challenge in competing with big box stores, but they can still outperform these giants using four key strategies.
Streamlining Your Construction Company's Cash Flow with Automated Accounts Receivable
As a construction company, managing cash flow is a critical part of running your business. One area that can be particularly challenging is managing accounts receivable.
Good planning and design are essential to any home construction project, so you need to understand the stages and how the project life cycle works to ensure it’s successful.
Protecting Your Building Supplies Business: Best Practices for Accepting Credit Cards in Card-Not-Present Transactions
With the rise of Card-Not-Present transactions, building material dealers and suppliers face new risks and challenges when it comes to accepting credit cards.
6 Contractor Financing Options: Getting Your Cash Flow Flowing
In the construction industry, even while projects may be plenty, cash flow can turn to a trickle when materials must be purchased to meet the project scope. So what are your options?
BlueTape is now a proud member of the Building Industry Association of Southern California (BIASC)
At BlueTape we are excited to announce we are now a proud member of the Building Industry Association of Southern California (BIASC). We are committed to being an active member of the community and joining key associations allows us to stay close to our customers and partners.
You can now integrate your BlueTape account with QuickBooks for a seamless AR experience. Create invoices, send them via SMS, and get paid, all with just a few clicks.
At BlueTape, we boast a diverse team of both women and men, and celebrating the accolades and achievements of women is of importance to us. In this post, we honor the women who work tirelessly within the construction industry.
How Can Building Material Dealers Prevent Credit Card Fraud
According to the Federal Trade Commission, credit card fraud was the most frequent type of fraud reported in 2020. The total loss due to credit card fraud was a whopping $149 million.
Set Yourself Apart By Offering Better Customer Service and Better Payment Options
Smaller to medium-sized construction businesses have an advantage over larger big-box competitors when it comes to offering an array of payment options. Unlike larger construction businesses, smaller businesses have the upper hand at offering better customer service compared to larger competitors.
Factoring – A Complete Guide for Small to Medium-Sized Businesses
Factoring is a financial method used by businesses to help accelerate their cash flow. Factoring is an alternative form of financing suited for small and medium-sized companies that do not have a long and established banking record with a lender.
Top Tech Trends in the Construction Industry for 2022
Patrick Gannon, the Co-Founder, and COO of BlueTape, recently hosted a webinar highlighting the top tech trends in the construction industry for 2022. In case you missed it, here are some key takeaways from Patrick's discussion.
Almost 50 years after its introduction, automatic clearing house (ACH) transactions continue to remain an important part of the business infrastructure.
B2B Payment & Financing for the Construction Industry: How to Accelerate Your Accounts Receivable
Patrick Gannon, the Co-Founder, and COO of BlueTape, recently hosted a webinar explaining how to accelerate your accounts receivable. In case you missed it, here are some key takeaways from Patrick's discussion.
How BlueTape Payment Tool Can Help You Improve Your Margins
BlueTape’s recently launched payment tool is designed for the construction supply chain. This solution is created for the needs of lumberyards and other building materials suppliers and it helps them lower their credit card processing fees and increase their margins.
Tax season is among the most dreaded times of the year for many workers across the country. For construction workers, tax season is a little more difficult.
COVID-19 and the Construction Industry: Recovery and Relief
In 2020, the world was hit hard by the onset of the COVID-19 pandemic. Not only did fear and confusion consume people worldwide, they also consumed the enterprise of business.
Financial Planning for Small Construction Businesses
Financial planning is critical to every small business. In order to succeed, businesses need to maintain a strong financial muscle and have an understanding of the company’s financial wellbeing.
The Importance of Debt to Businesses: Healthy and Helpful
Debt is often talked about as something that is bound to negatively affect a company or at least temporarily slow its growth. As a result, people tend to avoid debt completely.
What Is Financial Wellness Month? Managing Good and Bad Finance
The New Year signals the beginning of a new financial year. In January, we celebrate financial wellness month and our team at BlueTape has shared our tips and tricks on ensuring you have good financial well-being for the New Year!
All You Need to Know About Offering Net Payments for Building Materials
Whether you are a beginner or looking to grow your business, there is a lot you need to think about when considering offering term payments to your customers.
How to Grow Your Construction Business with a Line of Credit
Cash flow is essential for continuing operations but because of the nature of the construction business, there can be big bottlenecks. A construction line of credit can solve that problem.
Best Financing Options in the Construction Industry
Business operations and material purchases can be expensive, we get it. Small businesses oftentimes need an extra hand when starting out, many times that hand is through financing.
Ten Marketing Tips for Building Material Suppliers
For every product you sell or service you render, there is a specific market for you. How you can have access to this specific target audience that requires your product or service is a function of marketing.