New Video-on-Demand Teaches Subcontractors How to Accelerate Collections

Construction subcontractors are using a new video-on-demand from the Foundation of the American Subcontractors Association to better understand the risk of slow- and non-payment and how and when to send a customer to collection.

In the video-on-demand, “Collection Strategies for Subcontractors” (Item #8064), presenter Robert Andreu, Hunter Warfield, Tampa, Fla., illustrates why and how to design an in-house debt collection process and explains key steps that subcontracting firms can take to accelerate the collection of past due debts. The author of “Eight Key Steps for Selecting a Revenue Recovery Agency” in the September 2013 edition of ASA’s The Contractor’s Compass also explains how technology impacts debt collections.

“Collection Strategies for Subcontractors” is $65 for ASA members and $95 for nonmembers. This and other on-demand videos are available through FASA’s Contractors’ Knowledge Depot.

FASA was established in 1987 as a 501(c)(3) tax-exempt entity to support research, education and public awareness. Through its Contractors’ Knowledge Network, FASA is committed to forging and exploring the critical issues shaping subcontractors and specialty trade contractors in the construction industry. FASA provides subcontractors and specialty trade contractors with the tools, techniques, practices, attitude and confidence they need to thrive and excel in the construction industry.