Multi-billion dollar builder, Richard Crookes Constructions, has launched Earlytrade’s award-winning subcontractor payment-on-demand platform to sure-up its supply chain in 2022.
As the sector transitions out of restrictions and shutdowns while navigating on-going global supply chain challenges, Earlytrade’s automated early settlement platform will ensure continuity of supply for RCC, delivering competitive advantage across its diverse portfolio of projects.
Earlytrade chief executive, Guy Saxelby, flagged the increasing importance of building working capital flexibility across projects for head contractors in the current low margin boom environment.
“The head contractors and industry leaders we work with are currently weighing input cost increases against supply chain continuity. By collaborating with RCC and their subbies, we’re able to successfully achieve a sustainable balance,” he said.
“RCC and the thousands of subcontractors they work with, across all their projects, will have a rolling start in 2022 as the economy ramps up but supply issues linger.”
RCC manages a diversified portfolio of projects for corporate, institutional, government and private sector clients across in the capital cities and regional Australia.
Earlytrade is an award-winning B2B payments fintech which owns and operates the largest working capital marketplace in Australia and New Zealand with a growing network of 70,000 business users across APAC.