ICYMI: 24 Hour Payment Terms and AI Speed & Scale

Author

Owen Drury
November 29, 2024 • Estimated Reading Time: 3 minutes

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This Week's Quickfire Bytes
Fuel your curiosity with this week's content
W/C 25th November 2024

NEW EPISODES
Automating 90% of Contract Reviews: Building AI to Solve a $13 Trillion Industry's Contract Challenges

Josh Levy & Trent Miskelly from Document Crunch share their journey in building a document intelligence platform for the construction industry, the five best practices for contract compliance, and how they're automating critical processes to reduce risk on construction projects.

Find out how Document Crunch is solving the $13 trillion industry's contract compliance challenges, why understanding contracts is crucial for preventing claims and project overruns and how Document Crunch is pricing their services based on "jobs to be done".

open.spotify.com/episode/6cWyb2v46h5k9M6mDCO0YZ


Cintoo's $37M Series B, Reality Capture Market Growth, Partech's Investment Strategy

In this episode, we talk about Cintoo's $37 million Series B funding round led by Partech, signaling a growing interest in reality capture and data compression for construction sites.

We also explored the potential for a surge in tech IPOs in 2025, as evidenced by Thrive Capital's rumored $1 billion investment in Databricks at a $55 billion valuation.

open.spotify.com/episode/2qpsrHJtep7h2oFMoGgwS7


Paid in 24-hours: The Construction Payment Platform That's Eliminating the 90-Day Cycle

Guy Saxelby, CEO and Co-founder of Earlytrade, talks about innovative solutions for construction payment challenges, the power of dynamic discounting, and how technology is reshaping financial transactions in the industry.

Find out how Earlytrade's platform works without lending money, why the US market is ripe for construction fintech solutions and the challenges of enterprise software sales in construction.

open.spotify.com/episode/0BJmdWXz5vvKljdxglDjH

BRICKS & BYTES BULLETIN
The 9 Tech Tools Running This $500M Construction Company

We recently spoke with John Andres, Director of Technology at ANDRES Construction, to understand how a $500 million revenue construction company approaches innovation and technology. 

What we discovered was a refreshingly honest perspective that challenges the conventional wisdom about innovation in construction.

What we found particularly interesting was that unlike some of the other corporates we speak to, Andres does not have an innovation ‘department’. One man, John Andres leads their innovation team and is responsible for their technology strategy. Kudos, John!

2 FAVORITE QUOTES:

"I lost a couple of high performing people and I canceled a European holiday and that was just unacceptable."

- Guy Saxelby on his personal frustration with late payments at a previous job, which sparked the idea for Earlytrade

"I told Josh, I was like, well, I think a volcano just erupted by our heads"

- Trent describing when ChatGPT emerged and its impact on their business

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