CONOC Co., Ltd., which promotes digital transformation in the construction industry, is pleased to announce that it has entered into a business partnership with Labor Corporation, a subsidiary of Ceres Co., Ltd. Through this partnership, CONOC users will be able to take advantage of Labor’s fundraising support services at a discount, reducing the financial burden of construction companies and supporting stable management.
In the construction industry, the period between the completion of work and receipt of payment is long, and many companies face challenges in managing their finances. For small and medium-sized construction companies in particular, the burden of managing their finances is a major factor that affects the stability of their management. In addition, the economic situation and legal reforms in recent years have created demand for greater transparency and efficiency in management, and the importance of using digital technology to manage finances is increasing.
To solve these problems in the industry, CONOC has been providing a business management platform for the construction industry, “CONOC Construction Cloud,” to help streamline operations such as estimates, billing, and cost management. Through this partnership, CONOC users will be able to take advantage of Labor‘s cash flow support services at a discount, creating an environment in which construction companies can carry out their work without worrying about cash flow.
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Through this partnership, we will work closely with the construction industry to address its management challenges and help improve the efficiency of cash management and achieve stable management.
SOURCE: PRTimes
