The Domino Effect: How Paperwork Creates a $64B Problem

The construction industry suffers from 51 days sales outstanding—the longest of any industry in the US.

While this may seem like a problem confined to job sites, there's a domino effect at play. What starts as a paperwork delay grows as it travels throughout the connected construction economy—from subcontractors to general contractors to developers to lenders—resulting in a $64B cost to the industry as a whole in 2019.

So what can you do? Join Rabbet CEO Will Mitchell as he discusses the role developers play in the payment process.

You'll learn:

How we see the effects of slow payments today

What factors contribute to the slow payments problem

How developers can halt the domino effect and expedite payments for the entire industry

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The Domino Effect: How Paperwork Creates a $64B Problem in Real Estate

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