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lot of work in that arena, PCM
saw how much frustration and
waste resulted from the tradi-
tional system.
PCM Pro mitigates that frus-
tration and cost by bringing all
the contractors, subcontractors
and suppliers onto one system,
and allowing each stakeholder
to see up and down – but not
across – the construction pyra-
mid.
“If you’re the HVAC provider, you
can’t see what the flooring sup-
plier is doing,” Brad explains,
“but you can see the owner, you
can see the general contractor,
you can see yourself, and you
can see anyone you hired below
you and anyone they hired.”
“As draws occur, you can see
the invoices going from red to
green where they have been
paid,” he continues. “So if you’re
a general, and you’ve released
a bunch of money, you will be
able to see what invoices are
paid and what invoices are past
due all the way down the con-
struction pyramid.”
“That tells you a number of
things,” he says. “That tells you if
someone in your supply chain is
not as financially stable as they
should have been, which might
lead to trouble completing the
project, and is something you
should know. It also shows you
anyone who’s not getting paid,
and it shows you that clock is
ticking. It forces people to talk.
If there’s a problem, it gives
BUSINESS WORLD MAGAZINE
“That mission is
why PCM recently
rebranded,
launching a
dynamic suite of
credit
management
services, as well as
a brand new
website.”