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How to Prevent Duplicate Payments in Construction: The $2,000 Mistake Contractors Make Weekly
A general contractor discovered $23,600 in duplicate payments over six months after a routine audit. The issue stemmed from the office manager processing paper invoices and the project manager approving emailed versions, with no system in place to detect duplicates. When refunds were requested, only three vendors agreed to return the money, resulting in a final unrecovered loss of $14,800. Industry research shows that construction companies typically make 3-5 duplicate paymen
5 hours ago6 min read
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