The Hidden Costs of Using Outdated Payment Systems

Many contractors still see investing in a modernized payment system as either a waste of time, a waste of money, or both. It’s viewed as an expense, instead of an actual investment. But that view may be costing your company more than you think—from higher costs because of an unreliable payment history to the increased potential for human error.

In this clip from Episode 89 of the Digital Builder Podcast, Mike Milligan, Chief Growth Officer for GCPay, an Autodesk company, breaks down the hidden costs of using outdated payment systems to pay your subcontractors.

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