The digital transformation of the business world is accelerating, as more day-to-day tasks shift online – and the construction industry is working to keep pace.
This industry has a lot to manage, including intricate and often challenging lien rights management processes. For parties to enforce lien rights they must comply with strict notice requirements and filing deadlines. Often these steps require clear and detailed documentation of work performed and payment owed.
Construction businesses have more than enough on their plates – which is why they’re seeking out solutions to help them optimize their business operations.
Expanding its longstanding commitment to merchants in the construction business, American Express is working with business-to-business (B2B) companies, like Levelset, a Procore Company, that offer contemporary solutions to bring value to construction companies as they grow. Now, eligible Amex merchants can save on Levelset’s capabilities, addressing document management across the construction payment chain for smooth lien rights processes.
“The construction industry contributes to the success of many other industries and communities. And construction right now is facing unique challenges, and that calls for unique solutions,” said R.J. Ancona, VP and General Manager of B2B Product, Partnership & Client Management and Merchant Services at American Express. “American Express is teaming up with Levelset to help address lien rights management across the construction payment chain by offering eligible merchants savings on Levelset’s solutions for smooth lien rights processes.”
Lien rights management with Levelset can help merchants manage their payments
Levelset is a construction software platform that helps manage documents across the construction payment chain for smooth lien rights processes, easing a major industry pain point with historically manual processes, which adds to payment delays.
Levelset allows merchants to escalate late payments with ease, receive automated alerts when deadlines are approaching, and manage payment claims from start to finish, all in one spot. Merchants can also send and receive notices on one platform, providing an organized way to manage their payments and claims.
By offering eligible Amex accepting merchants savings on lien rights management with Levelset, Amex is focused on helping construction merchants minimize the manual processes often associated with lien rights management, freeing up businesses to focus more on their growth, rather than back-office operations.
“We’re teaming up with American Express to empower finance leaders in the construction industry to streamline lien rights management and automate payment escalation reminders, so merchants can focus on scaling and doing what they do best — building the future,” said Ryan Beason, Head of Sales at Procore’s Levelset. “This collaboration is a testament to our shared vision of empowering suppliers, equipment lessors, and contractors with the tools and resources they need to succeed.”
Amex is committed to helping construction businesses as the construction industry evolves
As the construction industry continues to evolve, construction business owners should look to optimize their business operations so they can focus on meeting their growth goals. American Express is focused on offering solutions that can help these businesses facilitate efficient transactions with other businesses, and mitigate manual processes in their day-to-day operations. Amex’s latest construction referral partnerships – like with Levelset – further enhance the value the company provides construction merchants by providing them with access to modern solutions to help them grow.
It is important for merchants to work with partners to bring their processes into the digital era, streamlining business operations and freeing up time and resources to focus on the future.
If you are an Amex merchant interested in learning more about the partnership with Levelset, reach out to your dedicated American Express client manager for more information.
For more information about how Amex backs businesses, including additional discounts via the Business Savings Suite, visit here.
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Larisa Mischke