Case Study: Brinkman Construction achieves 63% of subcontractor spend eligible for discounts with Earlytrade

Brinkman Construction standardizes early payments across 63% of subcontractor spend with Earlytrade

Brinkman Construction, a general contractor, faced challenges with an informal and difficult-to-manage process for offering early payments to its subcontractors. This ad-hoc approach, handled by their operations team, created administrative headaches for their accounting department and lacked consistent criteria or centralized oversight. Seeking a more strategic way to deploy excess cash, Brinkman partnered with Earlytrade to implement its early payment program.

Earlytrade provided a standardized platform that allowed Brinkman to offer early payments to a wide group of subcontractors in a simple and controlled manner. The solution gave the company visibility and control over which subs and projects were eligible. As a result, 63% of Brinkman's open invoice spend became eligible for discounts, generating an average discount rate of 2.32%. Earlytrade also eliminated administrative friction for the accounting team, replacing manual processes with an automated workflow.

Brinkman Construction