CONSTRUCTION PAYMENT SOLUTIONS
Construction payment duration has not improved in at least 30 years.
Its bedfellow is the least access to working capital, and lack of productivity improvement then follows. If you have no cash flow how can your productivity, which is a measure of output relative to input, (where input and output are measured in dollars) improve? Consequently, construction industry productivity ranks at the bottom of all industries worldwide, decade-after-decade.
Polished Rock understands construction payment
Some sub segments are worse than others. Insured property losses are probably the worst for cash flow – despite insurers writing big checks in short periods of time. They are followed by construction loans, where the inspection cycles slow progress payments. Then comes government funded construction with all its bureaucracy.
Thirty years of deep industry expertise at work
Polished Rock’s team of industry experts, analysts, and technologists provide coordinated project management and leadership, bringing together more than 30 years of relationships and experience.
Every line item of reconstruction paid for by insurers costs far more than it should. That reality is undisputed.
– Steve Wightman, CEO
REMOVING SUPPLY CHAIN FRICTION
Planning & execution from a central hub
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At Polished Rock we don’t pick the winners and losers. Everyone in the project delivery chain is equally important. Do your part and get paid.
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Let’s use rapid, free, and assured payment to improve productivity. Everyone wins.
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We have the knowhow and passion to deliver a more productive, and happier $2 trillion construction industry.
Contact us
Polished Rock develops high-level supply chain logistical support plans that focus on smoothing friction. We study what is needed, when it is needed and where it is needed. We use our vantage point to spot redundancies, ease pain points, help your customers recover sooner and create an environment that rewards users.
Polished Rock LLC
25 Payn Ave
Chatham, NY 12037