Construction Executive Names Flashtract one of the Top Construction Technology Firms of 2021
We’re excited to announce that Construction Executive Magazine has named us one of the Top Construction Technology Firms of 2021. This inaugural list showcases the tech firms in the construction industry which had the most impact throughout the year. Flashtract was selected in the financial technology, invoice payment, and automation category.
“I would like to personally express my appreciation for your participation in this important report which makes it possible for CE to provide an honest, insightful, and comprehensive list of the most influential firms in construction technology.” Donald Berry, National Sales Representative at Construction Executive said.
What makes a Top Construction Tech Firm?
The article coverage detailed the services Flashtract provided for construction offices that were remote during the COVID-19 pandemic. Looking forward, Flashtract is giving companies the ability to communicate quickly and efficiently. This is even more important when projects are frequently spread across the nation.
Ben Conry, co-founder, and head of customer success went through the interview process with Construction Executive. He discussed the value Flashtract brings to customers through simplified payment application and lien waiver management. They also talked about the changing landscape of construction technology.
“They [construction finance professionals] want to use less paper and communicate in real-time with all project stakeholders regardless of whether they are in the office. Connecting the back office with project stakeholders, including subcontractors, makes for more efficient project execution in addition to the field technology they are already using.”
The Road Ahead
Moving forward, Flashtract is committed to helping construction companies streamline their pay application process.
“We wanted to build a product that would make things easier for contractors. After seeing the way paperwork moves through a construction office, we knew what we had to build. Simplicity and speed were the focus and remain so today. Our name came from the idea of contracts in a flash, and we will continue to build solutions to get our customers paid faster and more efficiently.” Said Blair Chenault, CEO of Flashtract.
Our goal and mission statement remains the same. We’re proud to be recognized as an influential construction tech company.
About the companies
What is Flashtract? Flashtract simplifies payment applications between general contractors and the subcontractors contributing to their projects, eliminating payment delays and profit losses. We built our software specifically for construction. Flashtract works alongside contractors’ existing technologies like accounting programs, ERP systems, and project management tools. Best of all, Flashtract is easy to use, quick to set up and fits into virtually any budget. Request a demo today!
What is Construction Executive? Construction Executive is the magazine for the business of construction. It reaches more than 55,000 commercial, industrial and institutional contractors and construction-related business owners and has won more than 20 editorial awards. Since first being published by Associated Builders and Contractors Services Corp. in 2003, the magazine has served as the leading source for news, market developments, and business issues impacting the construction industry. Click here to learn more.