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Construction Industry Payments – Challenges and Innovations

Last Updated by Dominic Davison

Following the success of this year’s roundtable event co-hosted by Open ECX and Optal on 16th March at Mastercard’s Canary Wharf offices, we have published a White Paper titled ‘Construction Industry Payments – Challenges and Innovations’.

The White Paper explores a number of payment-related issues and challenges – and potential solutions – that were discussed by senior commercial and financial professionals from leading construction businesses, including Kier Group, Lakehouse Contracts, SISK Group and United Living.


Here is a selection of some issues and challenges discussed at the event:

  • What are the key challenges around construction payments?
  • Are there gaps in your payment process cycle? If so where, and what issues do these cause?
  • How do the challenges impact on your business’ relationship with your subcontractors?
  • What information is not clear or easily visible as part of your current payment process?
  • Does the current legislation help? Where does it fall short?
  • Do you sometimes struggle to comply with current legislation? In what ways? How often?

Find out how Open ECX and Optal are helping construction industry companies to overcome these issues and challenges.

Download the full White Paper for FREE:

We may process your personal information for carefully considered and specific purposes which are in our interests and enable us to enhance the services we provide, but which we believe also benefit our prospects/customers. You can opt out of these communications at any time by using an unsubscribe link or by emailing enquiries@openecx.co.uk

Please see our privacy policy to learn more and to understand how we may use your personal data.

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