Seventy percent of general contractors and subcontractors consistently face late payments, costing the construction industry nearly 300 billion dollars last year. Utilizing invoice templatesAlong with ambiguity in the estimate process, unclear terms in an invoice are also a catalyst for delayed payments. – selecting a free template from invoice template platforms such as Invoice Home. Late payments can be the difference between bidding on a dream project and sitting it out. A proactive approach to late payments can help create healthier, consistent cash flow and stronger business growth.