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Overbilling Impacting NZ Construction Projects: Payapps Report Finds

A new report reveals a staggering 64% of construction projects, including those in New Zealand, are plagued by overbilling. This alarming statistic, unveiled in Payapps’ “Building the Future” report, highlights the urgent need for tighter financial controls and digital solutions in an industry already grappling with rising costs. Key Findings: Overbilling widespread: with 47% of […]

Survey Finding: Overbilling Impacting Over Half of Construction Projects

A new report reveals a staggering 64% of Australian construction projects are impacted by overbilling, further exacerbating the industry’s ongoing struggle with rising costs. The findings, published in Payapps’ “Building the Future” report, shed light on the widespread nature of this issue and the urgent need for streamlined financial controls. Key Findings: Overbilling is rampant: Almost […]

Proposed Changes to Victoria’s Security of Payments Act (SOPA)

UPDATE: The Victorian Government has officially endorsed the SOPA amendments. Discover what this means for the construction industry in our latest blog here. The Victorian Legislative Assembly has provided recommendations to the Victorian government to improve the operations of the SOPA. Key Proposed Reforms to Victoria’s SOPA The proposed changes to the Building and Construction […]

Payapps’ Role in Simplifying Possible Changes to Victoria’s SOPA

SOPA Reforms in Victoria

Payapps can empower contractors and subcontractors to adapt and thrive amidst legislative changes in Victoria and beyond. Streamlining Progress Payment Claim Management Under the Proposed SOPA Reforms The proposed reforms to Victoria’s Building and Construction Industry Security of Payment Act 2002 (SOPA) are set to bring significant changes to the Victorian construction industry, addressing longstanding […]

Payapps’ Role in Simplifying Possible Changes to Victoria’s SOPA

SOPA Reforms in Victoria

UPDATE: The Victorian Government has officially endorsed the SOPA amendments. Discover what this means for the construction industry in our latest blog here. Payapps can empower contractors and subcontractors to adapt and thrive amidst legislative changes in Victoria and beyond. Streamlining Progress Payment Claim Management Under the Proposed SOPA Reforms The proposed reforms to Victoria’s […]

Proposed Changes to Victoria’s Security of Payments Act (SOPA)

UPDATE: The Victorian Government has officially endorsed the SOPA amendments. Discover what this means for the construction industry in our latest blog here. The Victorian Legislative Assembly has provided recommendations to the Victorian government to improve the operations of the SOPA. Key Proposed Reforms to Victoria’s SOPA The proposed changes to the Building and Construction […]