The AEC industry is a complex collaboration comprised of architects, engineers, developers, owners, contractors, and sub-contractors, to name a few. With all of the different parties involved, it can be hard to trace where all of the money pertinent to the project is going. It is common to have to wait for the money to trickle down to your company.
Check out the latest article written by Stephen Dominguez and published by Zweig Group that discusses best practices for AEC firms to explore in order to avoid having a large accounts receivable balance: https://zweiggroup.com/blogs/news/accounts-receivable-and-collections?utm_content=288318050&utm_medium=social&utm_source=linkedin&hss_channel=lcp-108729
