BlackOX Financial published Issue 005 of The BlackOX Brief examining the final stretch of construction project closeout including documentation, approvals, lien waivers, final billing, retainage, and follow-through.

BlackOx Financial is a construction receivables management company serving building material suppliers and specialty trade contractors. We help construction companies manage accounts receivable from end to end, including billing support, cash application, customer follow-up, collections, credit management, dispute tracking, retainage, lien administration, and receivables reporting. Our work is designed for companies dealing with past due receivables, slow-paying customers, missed follow-up, billing issues, payment disputes, weak internal AR capacity, and unpredictable cash flow. BlackOx Financial is not a factoring company, collection agency, or lender. We do not buy receivables or require companies to take on debt. We help clients improve the management of the cash they have already earned. Our goal is simple: strengthen receivables operations, improve cash flow, and serve as an extension of the client’s Accounts Receivable department.