Get Paid Faster and Save Time and Money With Automated Invoicing

If you run a home service business, you know how draining invoicing can be. Between chasing payments, lost paperwork, and manual processing, it can feel like you are working for your invoices instead of your customers.

A recent survey of 250 general contractors and subcontractors found that it takes about 15 days on average to receive payment after invoicing and 70% have faced payment delays (New York Post). These delays do more than frustrate. They disrupt cash flow, inflate costs, and stall projects.

The Real Cost of Late Payments in Your Industry

Late payments cost the construction industry around $208 billion in 2022, a 53 percent increase from 2021. Delays caused work stoppages, forced many contractors to raise bids by 5 to 10%, and left 49% of subcontractors waiting more than 30 days for payment (Construction Dive).

Another industry report shows that 72% of subcontractors were paid more than 30 days late in 2023, up from 49% in 2022. As a result, general contractors are now spending 56 hours per month managing payments to teams and vendors, a 27% year over year increase (PYMNTS).

Why Late Payments Stall Your Business

Bidding Blowback: When contractors expect delays, they increase bids up to 10% to protect margins (PYMNTS).

Operational Strains: Many rely on credit or personal funds while waiting for payment. With delays, cash is not just idle. It is a burden (New York Post).

How Procured Eliminates These Pain Points

Procured was built to solve the exact problems home service and construction businesses face every day. With Procured, you can:

- Send invoices the same day the job is completed so clients can pay immediately

- Accept multiple payment methods including credit card, ACH, and check, giving customers flexibility and removing friction

- Automate payment reminders so you spend less time chasing money and more time winning jobs

- Track every payment in real time so you know the moment funds are on the way

- Cut payment collection from weeks to days by removing manual steps and accelerating approvals

By streamlining invoicing and payment collection, Procured helps you keep cash moving, reduce administrative work, and protect margins without increasing your overhead.

Automation Works: The Proof

Contractors recognize the value. 82% percent say they are open to digital payments, and 58% credit faster payments to technology adoption (New York Post).

Time and Money Savings: The Bottom Line

When payments move more efficiently:

- You reclaim hours previously spent chasing payments

- You become more competitive by offering fairer, lower bids

- Customers appreciate smooth billing which leads to greater trust and loyalty

For home services and construction businesses, automated invoicing with Procured is not just an upgrade. It is a strategic advantage that helps you grow faster, keep more of what you earn, and deliver a better customer experience.