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Prequalification Best Practices for Trade Contractors

2 min read

Mastering Prequalification Hurdles & Benefits with Constrafor

Prequalification is a critical process in the construction industry, allowing General Contractors to evaluate the skills, experience, and financial stability of potential subcontractors. It involves completing a prequalification form that requires...

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Mastering COI Management - Tips from Top ENR Construction Risk Leaders

2 min read

Mastering COI Management: Tips from Top Construction Risk Leaders

Are you struggling to manage Certificates of Insurance (COIs) in your construction firm? You're not alone. We’ve had the privilege of working with...

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5 Ways Accelerated Payments Improve Project Outcomes & Build Relationships

3 min read

5 Ways Accelerated Payments Improve Project Outcomes & Build Relationships

Strong relationships between General Contractors and trade partners can help create a mutually beneficial and productive partnership, ensuring the...

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8 Tips to Avoid the Unfolding Financial Crisis of 2023

4 min read

8 Tips to Avoid the Unfolding Banking Crisis of 2023

As a construction firm, preparing for a banking industry disruption can seem like a sudden, unexpected, and an outright daunting task. People often...

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Best Practices for Streamlining the Prequalification Process

1 min read

Best Practices for Streamlining the Prequalification Process

Prequalification is an essential process for General Contractors to ensure that they are partnering with qualified and reliable subcontractors.

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Advantages of being paid faster in construction.

1 min read

Get Paid Faster: The Advantages of Invoice Financing for Contractors

As a contractor, you know that cash flow is the lifeblood of your business. However, waiting for payment from your general contractors who are...

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Celebrating Women in Construction in 2023

2 min read

Celebrating Women in Construction

March is an exciting time of year to celebrate and reflect on the countless contributions that women have made throughout history to society,...

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Prequalification: Benefits and Challenges for General Contractors

1 min read

Prequalification: Benefits and Challenges for General Contractors

Every general contractor (GC) knows the importance of prequalification for subcontractors, suppliers, and vendors. An entire project can be derailed...

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What can construction firms learn from Southwest's IT failure?

2 min read

What can construction firms learn from Southwest's IT failure?

The recent Southwest Airlines debacle serves as a cautionary tale for the construction industry. The airline's meltdown, which was caused by a...

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Construction Invoicing Basics

3 min read

Construction Invoicing 101

Construction Invoicing Basics Invoice Template Essentials A construction invoice or payment application provides an account of the work completed and...

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