Sage Intacct vs Delayed Payments

Did you know that:

• there is an 8% inflation on bids by contractors to protect against slow payments?

• 60% of contractors based their decision to bid on a developer’s payment reputation?

• financing gaps is a substantial indicator that a project gets canceled or delayed?

Payment delays create financial pressure throughout the construction industry. From a developer’s point of view, these delays can disrupt project schedules, strain relationships with contractors and subcontractors, increase financing costs, and make it harder to maintain accurate project forecasts.

While Sage Intacct cannot eliminate external payment delays, it can help developers identify problems earlier, improve financial coordination, and make more informed decisions throughout the project lifecycle.

Improved cash-flow and funding visibility

‍Sage Intacct can help developers monitor project budgets, committed costs, outstanding invoices, retainage, and upcoming payment obligations in one system. This gives management a clearer picture of how much cash is needed and when additional financing or owner funding may be required.

Positive impact: Developers can plan funding more accurately, avoid unexpected cash shortages, and reduce the risk of work slowing down because contractors or suppliers have not been paid on time.

‍Better project cost control

‍Payment delays often create secondary costs, including schedule extensions, contractor price increases, financing charges, and administrative expenses. Sage Intacct can provide real-time reporting on actual costs, commitments, change orders, and budget variances by project or development phase.

Positive impact: Developers can identify cost overruns earlier, protect project profitability, and respond before payment issues significantly affect the overall development budget. ‍

Stronger contractor and lender relationships

‍Developers must coordinate financial information among contractors, investors, lenders, and internal stakeholders. Sage Intacct can improve the accuracy and consistency of reporting, support draw requests, and provide clearer documentation of project costs and payment status.

Positive impact: Contractors receive better visibility into payment timing, lenders receive more reliable project reporting, and developers can build greater trust with all parties involved in the project.

For developers managing multiple projects, entities, investors, or funding sources, Sage Intacct provides a scalable financial management platform designed to support growth without sacrificing control.

Take a deeper dive into Sage Intacct today and let us show you how all these positive impacts are achievable.