Earlytrade Early Payments

Earlytrade helps the construction industry fund itself by facilitating early payment negotiations between general contractors and their subs. Our accelerated payment program is GC-funded and driven by subcontractor demand, averaging a 12% increase in margin from an average discount rate of 2.2%. With Earlytrade, GCs pay their subcontractors directly and through their existing payment process, just earlier in exchange for a discount.

Key Benefits:

Why Sage + Earlytrade

Earlytrade’s partnership with Sage enables a seamless discounting process for joint customers:

• Decide which subs and projects are eligible for early payment and how much capital is allocated to the program.
• Approved invoices are sent to Earlytrade from your Sage ERP and surfaced in each sub’s early payment portal for visibility.
• Earlytrade’s dedicated US-based team actively manages your early payment program, educating and assisting subs to ensure both you and your partners find success.
• Subcontractors choose to request early payment invoice-by-invoice and set their own discount offer rates.
• Offers that meet your return goals are automatically accepted, and invoice payment dates and amounts are updated in Sage.
• Pay subs through your existing process, just earlier in exchange for a discount.

Seamless Control for GCs

Unlike factoring or financing solutions, Earlytrade never touches the GC’s money or takes control of their relationships with subcontractors. General contractors define eligibility parameters (for projects, owners, and subs), return rate goals, and how much capital is available for the program.

Simple and Optional for Subs

Unlike fixed-rate or linear discounting models, subcontractors opt into early payment at the invoice level and set their own discount rates. Subs log into their single-page web portal to see the invoices approved for payment, expected payment dates, and to offer discounts for earlier payment. Earlytrade’s traffic light guidance indicates the likelihood of an offer being accepted based on the GC’s return goals and market conditions.

Requirements:

Price:
Custom pricing

Integration Approved Countries:
Australia; New Zealand; United Kingdom; United States