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Textura's CPM and Its Terms: Who's Really Protected? http://zlien.us/1IfZKo2 
According to the ASA Attorneys Council, Textura's CPM Terms provide no protection and may be hard to swallow for subcontractors. Who do they really protect?
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zlien

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Onerous contract provisions in construction contracts - we all know what they are. Pay if paid, no liens, strict claim notice provisions, heavy retainage provisions, and more.

This article argues that they aren't good for anyone!

Published by Construction Executive Magazine's eRisk Management newsletter:

http://zlien.us/1RtSZiU .@ConstructionMag @RiskMgmtENews @zlienit
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Do you think that lien waiver documents are "standardized" forms? How about joint check agreements?

Well, WATCH OUT, because these documents are not standardized, and they can burn your company pretty good. Read this piece that we wrote as a MultiBriefs exclusive about which popular documents are not standardized.

http://zlien.us/1d5NxVH
Construction industry participants are routinely required to navigate complicated legal documents as part of the project and payment process. Legally significant documents are exchanged every day, and often without significant review. The nature of construction payment requires documents that ...
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As seen in Construction Executive's Risk Management Newsletter: Subcontractors’ Secret: Marry Technology and Visibility for Faster Payment http://zlien.us/1GzovKF
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#Subcontractors Secret: Marry technology & visibility for faster payments.

Article by zlien's CLO, Nate Budde, published in this week's Construction Executive eRisk Management Newsletter.

http://zlien.us/1IFjkv1
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Textura: A friend or foe to #subcontractors?

Hundreds of thousands of subcontractors are being compelled to use Textura's Construction Payment Management platform. But is the product good or bad for them?

What do you think?

http://zlien.us/1KT26Yd
Texture's Construction Payment Management platform requires subcontractors to use and pay for it, but is the product and Textura good or bad for them?
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Have them in circles
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zlien

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Taylor Swift and prompt payment in #construction. Really.

http://zlien.us/1NiltLX
At its heart, Taylor Swift's challenge to Apple was about the value of work. How does this apply to payment in the construction industry?
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Why Are Onerous Contract Document Provisions Bad For Everyone? Nate Budde answers in Construction Executive's Risk Management Newsletter http://zlien.us/1eFWOp9 
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Waiting for slow payments is a well known thorn in the side of subcontractors. In a move purported to address this issue, and benefit subcontractors, Textura Corporation teamed with Greensill Capital (and Turner Construction) to roll out their Early Payment Program.

But, does the EPP really do what it says it does, or is it merely smoke and mirrors, and another way to benefit the top of the payment chain at the expense of a “tax” on subcontractors?

http://zlien.us/1IooypB
Textura partnered with Greensill Capital and Turner Construction to create the Early Payment Program. But, is it a real benefit, or just smoke and mirrors?
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Scott Wolfe, Jr., zlien CEO and founder, will address subcontractors risks in Texas at ENR Construction Risk Summit on June 16th, 2015 http://zlien.us/1cy37cn
zlien CEO to talk about subcontractor risks in Texas at ENR Construction Risk Summit, June 16. NEW ORLEANS – May 27, 2015:  Scott Wolfe Jr., zlien’s CEO, is among select risk experts who will be speaking at ENR’s 3rd Annual Construction Risk Summit, to be held June 16th in Dallas. - PR12460013
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10 Things to Consider When Writing A Credit Policy http://zlien.us/1JWzuAe
The credit policy is a critical document, and this article is for you if you're responsible for drafting, reviewing, editing, or updating a credit policy.
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Taking the "Delinquent" out of Delinquent Accounts by Procore. Great article on collections and getting paid.

http://zlien.us/1AUeZkK
Check out these methods for collecting overdue receivables and find out which is the best for your business.
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Have them in circles
108 people
Gary Stockton (Experian B2B)'s profile photo
Soha Yassin's profile photo
Air Supply Duct Cleaning's profile photo
Robert Groberg's profile photo
Laurie Steiner's profile photo
Lauren Adam's profile photo
Jeremy Hunnewell's profile photo
Vjera Thompson's profile photo
ZBRELLA's profile photo
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866-720-5436
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4819 Prytania Street New Orleans, LA 70115
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The Fair Construction Payment Platform.
Introduction
zlien is a cloud-based platform that puts construction industry participants in complete control of their financial risk and payment processes.

zlien provides technology to construction suppliers, building product manufacturers, trade contractors, specialty contractors and subcontractors, and other industry participants. The zlien platform automates security right protection for organizations, intelligently mixing compliance requirements with company policy and machine learning.

Companies that are in control of their security rights -- which includes mechanics lien and bond claim rights -- improve their accounts receivable performance and working capital position. Secured receivables have lower DSOs, and they can be distinguished from unsecured receivables for the purposes of revenue recognition, doubtful account allowances, and earnings reporting.

zlien is the publisher of the Construction Payment Blog, a resource for CFOs and construction finance managers published since 2007. It is also the publisher of the Internet's most comprehensive mechanics lien and bond resources.  It's content has been published or referenced in the New York Times, CFMA's Building Profits Magazine, Construction Executive, Construction Business Owner, TED Magazine, MultiBriefs, CreditToday, and others. 

You'll be surprised at how much zlien can do for your company's financial operations.  Contact us today.