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A new approach to financial management

Truss Approach to Financial Management
May 24, 2024 at 6:00 p.m.

By Jonny Suchor. 

Truss offers contractors an all-in-one solution for payments and expense tracking. 

At the International Roofing Expo (IRE), Megan Ellsworth from RoofersCoffeeShop® spoke with Matt Adams, an account executive at Truss, a banking platform designed specifically for contractors. Truss offers financial tools designed to streamline transactions and cut costs, revolutionizing financial management in contracting. 

"At Truss, we're a banking platform with a range of features, from payments and payables to managing your card expenses,” Matt explains. Their system is built to simplify financial tasks and become more efficient when managing time.  

The benefits at Truss are crucial for contractors who traditionally face delays in payment processing, affecting their cash flow and operational efficiency. Matt explains, "Unlike other platforms, we reduce the fees and the time it takes to collect payments." Their system enhances the payment process, helping businesses keep their operations running smoothly. 

One of the standout features is the platform’s approach to receivables, which offers instant access to funds — a significant advantage for contractors. "It’s free ACH and credit card payments, and you get instant access to your funds," says Matt. 

On the expense management side, Truss has introduced rewards for expenditures made on their cards. "Every time you spend, you upload a receipt to the system, so you have all your receipts organized," Matt adds. This not only incentivizes the use of Truss for purchases but also simplifies record-keeping, which is crucial for financial transparency and audits. 

Truss is redefining financial management for roofing contractors by merging payment processing, expense management and real-time financial reporting into an intuitive platform.  

Watch the interview here to learn more about Truss and its banking platform. 

Learn more about Truss in their Coffee Shop Directory or visit www.trusspayments.com.

About Jonny

Jonny Suchor is a writer for the Coffee Shops and AskARoofer™. When he's not working, he can be found in the mountains on a fly fishing or skiing adventure.



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UP TO THE MINUTE

By ABC Supply. Learn how to create a brand identity ...
Attendees will gain insights to overcome business challenges, position their ...
Read More
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