PYMNTS-MonitorEdge-May-2024

construction

Lowe’s Targets Smaller Pros for Bigger B2B Growth
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024  |  Earnings

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That’s the news from home improvement retailer Lowe’s, which cited softer...

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Main Street Businesses in the Northeast, Midwest and Mountain States Grew the Most Last Year
Main Street Businesses in the Northeast, Midwest and Mountain States Grew the Most Last Year
May 09, 2024  |  SMBs

Small businesses on Main Street have proven to be more resilient than many of their larger counterparts, according to the PYMNTS Intelligence report “Main Street...

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Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

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Trimble Acquires Flashtract to Expand Connected Construction Technology Ecosystem
Trimble Acquires Flashtract to Expand Connected Construction Technology Ecosystem
May 08, 2024  |  B2B Payments

Trimble has acquired Flashtract to add construction payment, compliance and lien waiver capabilities to its connected construction technology ecosystem. Flashtract’s technology streamlines the flow of payment and compliance information between...

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US Construction Spending Sees Unexpected Drop in March
US Construction Spending Sees Unexpected Drop in March
May 01, 2024  |  Economy

Construction spending in the U.S. declined unexpectedly in March after being unchanged in February. Data from the Census Bureau released Wednesday (May 1) showed spending at a seasonally adjusted...

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Ottimate Partners With Agave on AP Automation in Construction Industry
Ottimate Partners With Agave on AP Automation in Construction Industry
April 04, 2024  |  Partnerships

Ottimate partnered with Agave to make it easier for construction and real estate companies to incorporate its accounts payable (AP) automation solution into their existing processes. Agave’s unified...

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ADP: Job Switchers See 10% Jump in Wages
ADP: Job Switchers See 10% Jump in Wages
April 03, 2024  |  Economy

ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their...

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Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
March 28, 2024  |  B2B Payments

Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided,...

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Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal
Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal
March 28, 2024  |  Acquisitions

Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors. The home improvement giant says the $18.2 billion deal, announced Thursday (March 28), will...

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