Trimble completed the acquisition of Flashtract.

Trimble, an American software, hardware, and services technology company, completed the acquisition of Flashtract, a software development company. Financial terms were not disclosed. "Secure, reliable and fast electronic management of payments and lien waivers can be vital benefits to contractors, but many still manage these processes manually. Adding the ability to manage these workflows with subs electronically through Trimble Pay helps contractors improve compliance and keep projects on schedule and budget by reducing the two to three days of manual work per month by project managers or accountants," Lawrence Smith, Trimble Vice President.