Streamlining Accounts Receivable for Construction and Engineering Firms
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Learn how A/R automation helps construction, engineering, and field service firms reduce DSO, manage complex billing, and improve cash flow with AI-powered tools.
The Challenge of Payments in Construction and Engineering
In the world of civil engineering, architecture, and large-scale construction, finishing the project is often only half the battle. Finance leaders in these sectors deal with some of the most complex billing cycles in any industry. Between managing retainage, navigating multi-stage progress billing, and coordinating with various subcontractors, the path from "work completed" to "cash in bank" is rarely a straight line.
Manual follow-ups often become a bottleneck. When operations managers or A/R teams spend their hours manually checking if a client received a milestone invoice or reminding a developer about net-30 terms, high-value technical work takes a backseat to administrative chasing.
How Automation Transforms Field Service Workflows
Modern A/R automation is designed to handle the heavy lifting of the collections process. By integrating directly with industry-standard tools like ServiceTitan, Jobber, BuildOps, and Procore, Abivo ensures that your financial data flows seamlessly without double entry.
Automation provides several key advantages for the construction and engineering sectors:
Accelerated Cash Flow: AI agents send professional, timely reminders as soon as an invoice hits its due date, helping to significantly reduce Days Sales Outstanding (DSO).
Retainage and Milestone Management: Automated workflows can be set to trigger communications based on specific project phases or percentage-of-completion billing.
Reduced Manual Effort: Free your finance team from repetitive tasks by allowing AI to handle initial outreach and answer common billing questions.
Improved Client Relationships: Consistent, polite, and professional follow-ups preserve the trust built during the project phase, removing the "awkwardness" of payment discussions.
Scalable Recovery for High-Volume Operations
Whether you are managing facilities services for a national portfolio or running a regional mechanical engineering firm, the volume of invoices can quickly become overwhelming. Abivo’s tech stack plugs into your existing CRM or accounting software, such as NetSuite, QuickBooks, or Microsoft Dynamics, to scale your outreach efforts instantly.
The impact is measurable and immediate. Based on industry benchmarks, firms utilizing automated recovery see significant improvements:
Recovery Rates: Increase recovery on overdue accounts by up to 3x compared to manual methods.
Cost Efficiency: Reduce the cost-per-contact by over 70% by replacing manual calls with AI-driven voice and email agents.
Compliance: Maintain strict adherence to lending and collections regulations through standardized, recorded interactions.
By automating the "chase," construction and engineering firms can stop acting as banks for their clients and start focusing on the next build.
Automate your A/R with Abivo: Contact Us
