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The complexity around tiered retention calculations and manual processes is slowing down not just operations but increasing risks including financial penalties. 

Are digital solutions the answer to managing retention?

In the past year, several high-profile payment disputes in the construction industry have made headlines for all the wrong reasons. Regardless of where fault lies, what is clear is construction companies on both sides of the Tasman are struggling to track payments and progress claims. The complexity around tiered retention calculations and manual processes is slowing down not just …

     

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