Procurement Redefined: How Constrafor is Solving Cash Flow Issues in Construction with Anwar Ghauche, Founder of Constrafor

Published: Feb. 20, 2024, 10 a.m.

EPISODE 396: Could there be a solution to one of construction\u2019s biggest challenges\u2013cash flow issues?

Join us in this week's episode as my co-host, Jacob D\u2019Albora, and I sit down with Anwar Ghauche, the founder of Constrafor.

Constrafor, an innovative construction procurement company, is elevating construction productivity to new heights.

Today, Anwar discusses Contrafor\u2019s groundbreaking early pay program and software solutions designed to boost productivity and profitability for contractors and subcontractors.

We also talk about the power of AI technology in automating compliance documentation, a new approach to enhancing risk management, and so much more.

Let\u2019s dive in!


Key Takeaways:

Introduction (00:00)
Meet Anwar Ghauche and his journey to founding Constrafor (06:00)
Identifying subcontractors financing projects as a major issue (08:05)
Overview of Constrafor\u2019s early pay program (14:08)
How Constrafor has helped GCs in terms of job performance (19:20)
Other ways to leverage Constrafor\u2019s platform (21:29)
Introduction of AI to automate compliance documentation (24:55)
Exploring the impact of timely payments on project costs (30:39)
What\u2019s next for Constrafor? (32:48)
Keep up with Anwar and Constrafor (34:39)
Construction technology news of the week (35:47)


Additional Resources:

Listen to the show at https://thecontechcrew.com

Follow us on Twitter: https://twitter.com/thecontechcrew

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Follow Anwar on LinkedIn: https://www.linkedin.com/in/anwar-ghauche/

Visit Constrafor for more information: https://www.constrafor.com/

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See this week\u2019s news articles! \U0001f5de\ufe0f\u2b07\ufe0f

\u27a1\ufe0f Bringing the full power of Copilot to more people and businesses
https://blogs.microsoft.com/blog/2024/01/15/bringing-the-full-power-of-copilot-to-more-people-and-businesses/

\u27a1\ufe0f Decarbonization will require urgency, technology, and investments in 2024
https://www.facilitiesdive.com/news/2024-buildings-decarbonization-sustainability-outlook/706063/

\u27a1\ufe0f 5 Types of Waste Management
https://www.cemexventures.com/5-types-of-waste-management/

\u27a1\ufe0f Amazon and iRobot nix deal, Roomba maker lays off a third of its staff
https://www.cnn.com/2024/01/29/tech/amazon-roomba-irobot-layoffs/index.html

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The ConTech Crew is a construction news podcast dedicated to keeping you up to date with all the latest in construction technology.

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