On-demand Webinar - Early Payment Requests at Scale: Moving from Ad Hoc Requests to a Structured Workflow

Requests for early payment are already familiar in construction. Once a progress claim has been approved, a subcontractor may choose to offer a discount in return for earlier payment, which the Main Contractor can accept or decline.

The challenge is managing those offers consistently when they occur across multiple projects, subcontractors and internal teams.

In this recording, you’ll learn how Main Contractors can move from ad hoc arrangements to a structured, scalable approach that provides greater visibility and control, creates the opportunity for commercial value, and gives subcontractors greater payment flexibility.

What’s Covered

• Early Payment Requests in Practice
  A practical look at how early payment program works once a progress claim has been approved — including how the subcontractor initiates a request for an earlier payment and the Main Contractor decides whether to accept or decline it.
• Why Main Contractors Should Care
  The broader business case for an early payment program, including commercial value, a more flexible subcontractor payment experience and the opportunity to strengthen subcontractor relationships.
• Where Informal Early Payment Requests Break Down
  The challenges that can emerge when requests are managed through emails, spreadsheets, phone calls and different project-level processes.
• What a Scalable Early Payment Program Needs
  The elements required to make early payment requests practical at scale — a clear way for subcontractors to make an offer, defined acceptance authority, visibility across teams, a consistent record of what was offered and agreed, and a repeatable process across projects. We’ll provide a high-level look at how Payapps’ Early Payment feature supports this as an extension of the existing progress claim workflow.
• Practical Takeaways for Main Contractors
  Key questions to help Main Contractors assess whether Payapps’ Early Payment feature could create value for their business and subcontractors, and whether their current processes are ready to scale.

Meet the Speakers: