Trimble Acquires Flashtract, Adding Construction Payment and Subcontractor Compliance Technology to Minimize Risk and Improve Efficiency for Contractors
Proven Payment, Compliance and Lien Waiver Technology Advances
Flashtract technology is used to manage payment applications, lien waivers and other compliance and billing documentation electronically, eliminating back-and-forth communication and cumbersome document transfers. The technology, now branded as
"Secure, reliable and fast electronic management of payments and lien waivers can be vital benefits to contractors, but many still manage these processes manually," said
"We have earned a strong reputation for enabling general contractors to minimize legal and financial risk and improve efficiency since introducing our technology in 2019," said
Availability
About Trimble
Trimble is transforming the ways people move, build and live. Core technologies in positioning, modeling and data analytics connect the digital and physical worlds to improve our customers' productivity, quality, safety, transparency and sustainability. For more information about Trimble (NASDAQ: TRMB), visit: www.trimble.com.
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SOURCE Trimble