Revolutionizing Construction Payments: Handle and Fiserv Partnership Brings Security and Efficiency to the Industry

Digital payment solutions have been revolutionizing the way businesses across various industries manage payments. Now, construction firms are turning to digital payment solutions to increase cash flow and clear accounts receivable faster. Handle, a company that offers credit software specifically for the construction industry, has now added Fiserv’s embedded payment capabilities to its platform.

Benefits of integrating industry-leading payment capabilities into the Handle software platform

With the integration of these capabilities from Fiserv, Handle’s construction software will include secure payment acceptance. This feature will provide construction firms with a hassle-free solution for secure payment acceptance that will save them time and money. By integrating industry-leading payment capabilities into the Handle software platform, construction firms will be able to modernize how they manage payments.

Digital payment solutions in the construction industry

Construction firms have a reputation for lagging behind other industries when it comes to the adoption of digital payment solutions. However, the industry is changing rapidly with more and more firms adopting digital payment solutions. It is no longer a luxury but rather a necessity to digitize. In fact, according to a report, almost half of the middle-market professionals in the construction industry said that investing in technology was a top priority over the next 12 months.

Benefits of Digital Payments Technology in Alleviating Common Industry Headaches

Digital payment technology is alleviating some of the construction firms’ headaches, such as getting paid on time and getting paid quickly. Processing checks manually can be time-consuming, and errors could lead to payment delays. Digital payment solutions, on the other hand, are more efficient and help construction firms get paid on time. They are also more secure and reduce the risk of fraud, a common problem for the construction industry.

Investing in technology is a top priority for middle-market professionals

The construction industry is aware of the benefits of digitization and is increasingly looking to invest in technology. The report mentioned earlier found that four out of 10 construction firms are increasing their budget specifically to add technology. This is because construction firms seek the speed and operational efficiency of digitization. Investing in technology is no longer seen as a luxury but rather a necessity to stay competitive in the industry.

Handle’s addition of Fiserv capabilities

Handle’s construction software already offers solutions for managing credit and payment rights, specifically for credit and finance teams in the construction industry. With the addition of Fiserv’s capabilities, Handle will now be able to streamline construction payment processing through its integration. This will include the integration with CardPointe Gateway and other PCI-compliant tools via Fiserv’s integrated software vendor (ISV) engine, according to the press release.

In conclusion, the addition of Fiserv’s embedded payments capabilities to Handle’s construction-specific credit software provides construction firms with a seamless solution for secure payment acceptance. This will ultimately help these firms save time and money while also reducing the risk of payment fraud. It is a welcome development in the construction industry that is moving towards digitization at an increasing rate. As construction firms continue to invest in technology to enhance speed and operational efficiency, they will continue to benefit from the digital payment solutions that are rapidly emerging in the market.

Explore more

How Is Email Marketing Evolving with AI and Privacy Trends?

In today’s fast-paced digital landscape, email marketing remains a cornerstone of business communication, yet its evolution is accelerating at an unprecedented rate to meet the demands of savvy consumers and cutting-edge technology. As a channel that has long been a reliable means of reaching audiences, email marketing is undergoing a profound transformation, driven by advancements in artificial intelligence, shifting privacy

Why Choose FolderFort for Affordable Cloud Storage?

In an era where digital data is expanding at an unprecedented rate, finding a reliable and cost-effective cloud storage solution has become a pressing challenge for individuals and businesses alike, especially with countless files, photos, and projects piling up. The frustration of juggling multiple platforms or facing escalating subscription fees can be overwhelming. Many users find themselves trapped in a

How Can Digital Payments Unlock Billions for UK Consumers?

In an era where financial struggles remain a stark reality for millions across the UK, the promise of digital payment solutions offers a transformative pathway to economic empowerment, with recent research highlighting how innovations in this space could unlock billions in savings for consumers. These advancements also address the persistent challenge of financial exclusion. With millions lacking access to basic

Trend Analysis: Digital Payments in Township Economies

In South African townships, a quiet revolution is unfolding as digital payments reshape the economic landscape, with over 60% of spaza shop owners adopting digital transaction tools in recent years. This dramatic shift from the cash-only norm that once defined local commerce signifies more than just a change in payment methods; it represents a critical step toward financial inclusion and

Modern CRM Platforms – Review

Setting the Stage for CRM Evolution In today’s fast-paced business environment, sales teams are under immense pressure to close deals faster, with a staggering 65% of sales reps reporting that administrative tasks consume over half their workday, according to industry surveys. This challenge of balancing productivity with growing customer expectations has pushed companies to seek advanced solutions that streamline processes