Construction Payment Disputes: The 120-Day Cash Trap (And How to Escape It)

As an international creditor, CFO, or accounts receivable professional, you understand the critical role of timely payments in maintaining operational health and profitability. The construction industry, in particular, is notorious for extended payment cycles and disputes that can ensnare your cash flow. Are you familiar with the "120-day cash trap" – a common scenario where payments become significantly delayed, impacting your working capital and potentially jeopardizing your own financial obligations? This video dives deep into the realities of construction payment disputes, equipping you with the knowledge to identify early warning signs and implement proactive strategies. We'll explore the common pitfalls that lead to these prolonged delays and, more importantly, provide you with actionable insights and proven methods to navigate these challenges, recover your outstanding receivables, and protect your business from the detrimental effects of extended payment cycles.