Cash flow challenges are nothing new for restoration companies, but recent industry trends have made the issue even harder to manage. According to the 2024 State of the Industry Report, most restoration businesses now wait 30 to 60 days or longer for payments. These delays can strain budgets, disrupt daily operations, and leave companies scrambling […]
The restoration industry is an ever-evolving industry. New challenges, such as navigating the effects of climate change, integrating artificial intelligence, and managing insurance claim disputes, are pushing businesses to adapt. Whether you’re a restoration professional or simply curious about this essential field, understanding key information and trends can provide valuable insights into where the industry […]
Misconceptions about claims can put restoration contractors at a disadvantage when negotiating with insurance adjusters. Today, the restoration insurance billing experts at OCS are here to discuss some of the common myths restoration professionals have about the claims process. We’ll also provide some tips for negotiating invoices more successfully with restoration insurance adjusters. Myth 1: […]