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. What is AR? Accounts Receivable (AR) is invoicing, payments, and collections,…
Introducing BlueTape referral program for suppliers
BlueTape has officially launched its first referral program, allowing its members to spread the word with building suppliers. Builders and contractors will now earn $1,000 for every supplier that signs up with their referral code and reaches $3,000 in transactions. And what…
BlueTape Exhibits at 2021 Reconnected World of Concrete Event
BlueTape will be exhibiting at the 2021 Reconnected World of Concrete virtual event. We are excited to meet construction pros at the event and showcase BlueTape’s payment features that allow for fast and easy payment transactions for building supplies The WOC…
How BlueTape Payment Tool Can Help You Improve Your Margins
In this article, we want to take a deeper dive into the details of BlueTape payment and what it means for your business. How does the BlueTape solution work? BlueTape is a fully online solution that requires no downloading, installing, or…
BlueTape Exhibits at the JLC LIVE New England Event
We will showcase BlueTape’s payment features which allow for a fast and hassle-free way to pay for building materials. It allows the construction pros to pay for their building material on the go from the app. Building suppliers can offer a wide…
A Shift Towards Digitalization in the Construction Industry
This abrupt change made it necessary to adopt new technologies and new, innovative online resources that could best facilitate this transition from in-person to remote labor. While some industries continued to succeed under these new circumstances, other industries, particularly those that operate…
In-House Vs Outsourcing Accounts Receivable Management
Due to this, many companies lack back offices or the developed technology that can be used for payment and financing transactions. When this equipment is lacking, some companies will outsource and have specialists complete these payment processes for them while others may…
How to Build Your Construction Business’ Online Presence
While many businesses may offer goods or services tailored to in-person use and activities, maintaining an online presence can also help boost a business’s success. Every year, the amount of internet users grows significantly, with a large number of these people using…
The Benefits of Offering Net Terms to Your Trade Customers
In the construction industry, specifically, net terms are often offered by businesses in order to provide their trade customers with greater payment flexibility. These options can help trade customers afford goods and services while enabling businesses to diversify their payment methods and…
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Tax Tools for Construction Industry Pros
A large majority of construction workers are classified as independent contractors, meaning they don’t have taxes withheld from their paychecks like traditional employees. Essentially, they face a more severe tax preparation burden and may need to see a tax professional, although they…