NEW ORLEANS — Levelset announced the launch of Subcontractor Payment Profiles, giving general contractors and material suppliers the opportunity to read performance reviews, obtain project histories and get payment rankings on more than 23,000 subcontractors throughout the U.S. for the first time.
"Working with new subcontractors has historically been a coin toss. General contractors and material suppliers have traditionally resorted to word of mouth to find the best subs and that doesn't always end well," said Scott Wolfe, Jr., CEO of Levelset. "With this new feature, we're taking the guesswork
and stress out of the equation, increasing industry transparency and arming contractors and suppliers with the tools to assess risk and protect cash flow."