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The general contractor waits for the client. The subcontractor waits for the general. In construction, every delay at the top cascades down the chain. Terminovo automatically monitors your receivables at every level.
Construction has the highest rate of overdue invoices of any industry. The payment chain β client, general contractor, subcontractors β means every delay is multiplied through the links below. Add large invoice amounts, scope disputes, and seasonal work patterns and you have the perfect conditions for cash flow crises.
The client delays payment to the general contractor. The general holds payment to subcontractors. Firms at the end of the chain wait the longest β with no influence over what happens upstream.
72% of construction invoices are paid after the due dateA stage-completion invoice can be PLN 100,000, 500,000 or a million. One unpaid milestone can halt an entire company β payroll, materials, bidding for new contracts.
Average delay: 58 days beyond the due dateWinter means no income but fixed costs. If SeptemberβOctober invoices are still unpaid in December, a firm can enter the new year without cash to pay social insurance contributions.
The client disputes a minor element and withholds payment for the entire invoice. Negotiations take weeks, and the firm receives nothing β even for the undisputed portion of the work.
Automatic, gradual reminder escalation. Your client receives timely messages, you have full documentation of every contact attempt.
Terminovo sends a reminder before the due date, on the due date, and further in an escalating sequence. Every message is documented β important if the matter goes to court.
Automated messages read like a company notice, not a demand from the owner. In an industry where relationships determine future contracts, that distinction matters.
See when each reminder was sent, when it was opened, and what the response was. If the matter goes to court or mediation, you have ready documentation of your collection efforts.
Yes. Terminovo has no invoice amount limit. Whether you are monitoring an invoice for PLN 5,000 or PLN 500,000, the system sends reminders and documents every contact. For large amounts, the automated paper trail is especially valuable if the matter goes to court.
Terminovo sends reminders to your direct counterparty β the general contractor. The fact that they are waiting for someone upstream does not affect your rights. You can also include information about statutory interest in the message β this often accelerates a payment decision.
Yes β one click pauses reminders for a specific invoice. When the dispute is resolved or you issue a corrective invoice, you resume automatically.
Yes. In reminder templates you can include information about statutory default interest and the 40-euro compensation under the Late Payments Act. This is legally sound and often more effective than a plain reminder.
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Terminovo automatically sends reminders and recovers receivables β without your involvement.
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