Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
3 Ways to Strengthen Your Procurement Process in Any Market
Procurement is a vital component of running a successful subcontracting business. When you’ve been around long enough, you know that strong vendor relationships can carry you through tough times and save you from lost productivity. And with supply chain issues and material price hikes, dialing in procurement is more important than ever. In the last [...]
5 Ways Every Commercial Subcontractor Should Be Using ChatGPT and the Prompts to Get You Started
Machines have always been a driving force of innovation in construction, but AI has ushered in an era all its own. ChatGPT is arguably the biggest name in AI right now, but we’re sure you’ve heard enough about it – now let’s get to the good stuff: how to use it. To give you a [...]
Billd Secures Patent for Project-Based Credit Evaluation Method
Austin, Texas – September 21st, 2023 – Billd, the leader in payments for commercial construction subcontractors, has successfully been issued a patent for their project-based credit evaluation method. This method determines credit offers for subcontractors by assessing the project on which the credit will be used. Billd was first to market by launching a suite [...]
A Detailed Guide to Commercial Construction Project Costs
Effective budgeting and estimating are vital for the success of any commercial construction project as they lay the foundation for financial stability and project efficiency. From the moment a project begins, managing costs involves more than just setting a budget; it requires a comprehensive understanding of the various expenses that contribute to the project’s overall [...]
How to Master Your Financial KPIs with The Trigger Point Strategy
Every year you start with a target bottom line and build a plan to achieve it. And every year tens of unexpected twists and turns – both in your control and outside of it – put that plan (and your bottom line) at risk. So how do subcontracting executives build a plan that is flexible [...]
Billd Welcomes Paul Williams as Chief Financial Officer
Austin, Texas – September 8th, 2023 – Billd, the leading provider of commercial financing solutions for subcontractors, is pleased to announce the appointment of Paul Williams as its new Chief Financial Officer. Williams is poised to play a pivotal role in Billd's financial management and the continued growth and success of the company. Williams joins [...]
Billd and STACK Construction Technologies Announce Powerful Integration That Helps Contractors to Secure Working Capital and Increase Bid Volume
Revolutionizing the Construction Industry with Integrated Solutions for Predictable Growth and Supplier Relationships Cincinnati, OH and Austin, TX / September 6, 2023 – Billd, the leading construction payment provider for commercial trade contractors, and STACK Construction Technologies, a pioneering construction software platform, enhanced their strategic partnership today in a way that will allow subcontractors to [...]
A GC’s Perspective: Meet the GC Who Thinks Emotional Intelligence is Construction’s Greatest Shortage
Call it ironic, but the industry that builds and fixes things may be in desperate need of a renovation. At least, that’s what Gianluca Pascale, former CEO of Centrecon Inc. (a construction management firm), and now Head Curator of the Constructors Guild™ (the premier construction professionals' platform, where High-Level Construction Experts converge to unlock their [...]
Why is Everyone Talking About AI? An Introduction to a Tool That Will Change the Construction Industry
Artificial intelligence, or AI, has always held a special place in the human imagination. Since The Jetsons hit the airwaves, we’ve eagerly awaited the arrival of machines that can think and act like us. Or, if you’re a Terminator fan, dreaded it. Well, for better or worse the AI-enabled future is here, knocking at the [...]
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