Awards UK Archives - Payapps https://www.payapps.com/category/awards-uk/ Wed, 17 Jan 2024 11:39:52 +0000 en-AU hourly 1 https://www.payapps.com/wp-content/uploads/2023/12/cropped-Payapps-Favicon-32x32.png Awards UK Archives - Payapps https://www.payapps.com/category/awards-uk/ 32 32 Payapps – Twice Winners of Construction Computing’s Cloud Technology of the Year Award I UK https://www.payapps.com/awards-uk/construction-computing-awards-cloud-technology/ Fri, 24 Nov 2023 16:02:00 +0000 https://payapps.wpenginepowered.com/?p=5365 The winners of the 2023 Construction Computing Awards were announced at the Leonardo Royal Hotel in London City on 9th November, where over 200 supporting guests gathered to see the outcome of the online voting and judging panel’s deliberations. ‍This win has been awarded to us for the second year in a row and we […]

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The winners of the 2023 Construction Computing Awards were announced at the Leonardo Royal Hotel in London City on 9th November, where over 200 supporting guests gathered to see the outcome of the online voting and judging panel’s deliberations.

‍This win has been awarded to us for the second year in a row and we are thrilled! Judges were looking for a solution that captures the essence of Cloud and advances the benefits of centrally hosted software applications; one that demonstrates flexibility, security and cost-effectiveness whilst providing a comprehensive solution for large and small enterprises.

Not only were the judges impressed but this award also goes to the entry with the most customer votes. So a huge thank you to all Payapps users who voted!

CC Award Winner Resized

‍Read our PDF – ‘Why Payapps won Cloud Technology of the Year Award – to learn more about why our customers voted for Payapps and what makes our construction software a worthy winner.

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Payapps Recognised as Best SaaS Product for the Construction Industry at the 2023 SaaS Awards I UK https://www.payapps.com/awards-uk/payapps_wins_best_saas_product_in_construction_2023_saas_awards-2/ Tue, 26 Sep 2023 16:05:00 +0000 https://payapps.wpenginepowered.com/?p=5368 Technology plays a vital role in empowering businesses to adapt and thrive in a rapidly evolving construction industry. Payapps, a leading construction software solution, has recently been recognised as the Best SaaS Product for the Construction Industry at the prestigious 2023 SaaS Awards. This achievement highlights Payapps’ commitment to simplifying and standardising applications for payment, supporting main contractors and subcontractors in successfully navigating the […]

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Technology plays a vital role in empowering businesses to adapt and thrive in a rapidly evolving construction industry. Payapps, a leading construction software solution, has recently been recognised as the Best SaaS Product for the Construction Industry at the prestigious 2023 SaaS Awards. This achievement highlights Payapps’ commitment to simplifying and standardising applications for payment, supporting main contractors and subcontractors in successfully navigating the dynamic construction sector.  By offering streamlined processes, improved collaboration, real-time visibility, and financial control, Payapps enables construction businesses to build resilience and drive long-term success and sustainability.

Annabelle Whittall, Construction Category Lead Judge at The SaaS Awards 2023, said:

We were impressed by the offering from Payapps, who significantly cut progress payment claim processing time and helped to meet regulatory requirements within the construction industry. Compliance is improved and made easier with documentation verification integrated with the approval process. Seamless integration with a wide range of project, construction ERP, accounting and financial management software helps provide real-time data on all project payment requests and approvals. Congratulations to Payapps! A well-deserved win.

Streamlining applications for payment for a resilient construction industry

Applications for payment are integral to contract administration, and efficient management of construction projects is vital for project success. Payapps emerges as a trusted solution by providing streamlined processes that automate applications and approvals, reducing manual errors and accelerating the certification process. This efficiency improves cash flow and financial stability for construction businesses, allowing them to navigate supply chain pressures, rising costs, and labour shortages effectively.

Reducing compliance risk and ensuring regulatory adherence

Compliance is a critical aspect of the construction industry, with penalties and delays looming over non-compliance. Payapps addresses this challenge by standardising and centralising application for payment processes, ensuring adherence to the UK Construction Act. By providing comprehensive compliance management features, Payapps enables businesses to track and manage compliance documentation efficiently, minimising compliance risk and offering peace of mind.

Real-time visibility and enhanced collaboration

Effective communication and collaboration among project stakeholders are pivotal in achieving successful construction projects. Payapps facilitates improved collaboration by providing a centralised platform that allows all parties to access real-time project data. This visibility enhances communication, reduces delays, and fosters better decision-making, resulting in improved project outcomes. By streamlining communication channels and facilitating collaborative workflows, Payapps enhances efficiency and productivity across the construction value chain.

Empowering financial control and stability

Financial management is a critical aspect of long-term success for construction businesses, and Payapps plays a significant role in empowering financial control and stability. Payapps enables businesses to monitor payment applications, manage project budgets effectively and maintain financial stability by providing real-time insights into applications and approvals. By automating financial processes and offering accurate reporting, Payapps empowers construction businesses to make informed decisions, optimise resource allocation, and mitigate financial risks.

Commitment to innovation and trust

Geoff Tarrant, Executive Chairman, and Co-Founder of Payapps expressed his delight at being recognised at the SaaS Awards, highlighting Payapps’ commitment to improving the construction sector through trusted and innovative collaboration tools. Payapps has gained global recognition by focusing on simplifying and standardising applications for payment and approvals, solidifying its position as a trusted partner for main contractors and subcontractors worldwide.

Being awarded the Best SaaS Product for the Construction Industry at the 2023 SaaS Awards is a testament to Payapps’ dedication to transforming the construction sector through streamlined processes, improved collaboration, real-time visibility, and financial control. Payapps continues to embrace innovation and technology in an industry defined by dynamic challenges, empowering construction businesses to thrive in a challenging operating environment. As the construction industry continues to evolve, Payapps remains at the forefront, driving resilience and fostering long-term success and sustainability for construction businesses worldwide.

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Payapps Achieves ISO 27001 Certification: Elevating Trust and Security in Construction SaaS Industry I UK https://www.payapps.com/company-product-news-uk/payapps-iso27001-certification/ Thu, 21 Sep 2023 16:14:00 +0000 https://payapps.wpenginepowered.com/?p=5380 We’re thrilled to announce that Payapps has achieved ISO 27001 certification, reinforcing our commitment to information security in the Construction Software as a Service (SaaS) industry. As the leading progress claim platform in the construction solutions space, this achievement marks a significant milestone in our journey towards providing an even safer and more secure environment […]

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We’re thrilled to announce that Payapps has achieved ISO 27001 certification, reinforcing our commitment to information security in the Construction Software as a Service (SaaS) industry. As the leading progress claim platform in the construction solutions space, this achievement marks a significant milestone in our journey towards providing an even safer and more secure environment for our customers. 

What is ISO 27001? 

For those unfamiliar, ISO 27001 is an internationally recognised standard for managing risks to the security of information an organisation holds. It provides a set of standardised requirements for an Information Security Management System (ISMS). The adoption of this standard is a formal approach to securing sensitive company and customer data, meaning it’s not just about IT but involves the whole organisation. 

Dual Certifications: ISO 27001 and SOC 2 

We are proud to add that Payapps has also attained SOC 2 compliance, a certification more U.S-centric but equally rigorous. Holding both ISO 27001 and SOC 2 certifications underscores our commitment to security, serving customers globally with diverse regulatory needs. 

In light of this achievement, our Chief Information Security Officer (CISO), Jeremy Newman, had this to say: “Achieving ISO 27001 certification is a monumental milestone that reflects our dedication to ensuring the highest levels of security for our customers. In the construction SaaS industry, where the stakes are high and the data is sensitive, this certification sends a clear message: Payapps is committed to safeguarding your trust and your data, today and into the future.” 

Jeremy’s statement encapsulates the essence of why we undertook this rigorous process and how it aligns with our long-term vision for excellence in data security within the Construction SaaS sphere. 

The Rising Importance of Security amidst Data Breaches 

In recent years, the frequency and scale of data breaches have underscored the critical need for enhanced security measures across all industries, including construction SaaS. Such breaches not only compromise sensitive data but also erode the trust of our customers. In this landscape, our dual certifications—ISO 27001 and SOC 2—serve as more than compliance checkboxes; they are proactive steps to secure Payapps against potential risks and vulnerabilities. 

Why is ISO 27001 Crucial for Construction SaaS? 

  1. Data Sensitivity: Construction projects often involve confidential information, such as financial transactions, that need to be kept secure. 
  2. Trust: Customers are more willing to trust a SaaS solution that has robust security measures in place, validated by an internationally recognised standard. 
  3. Compliance: Many customers and partners require ISO 27001 compliance as part of their own compliance requirements or risk management strategy. 

What Does This Mean for Our Customers? 

Enhanced Security 

With our newly acquired ISO 27001 certification, customers can rest assured that their progress claim data is managed under strict information security controls. 

Competitive Edge 

Being ISO 27001 certified not only boosts our own standing but also gives our customers a competitive advantage, demonstrating a commitment to high levels of data security when bidding for new projects. 

Compliance Simplified 

For customers subject to regulatory requirements around data security, our ISO 27001 certification helps simplify compliance, saving time and resources.  

The ISO 27001 certification is more than a checkbox; it is a testament to Payapps’ commitment to maintaining the highest levels of security and reliability in the fast-paced, ever-evolving Construction SaaS landscape. Here’s to a safer, more secure future for everyone involved in the construction industry! 

Looking for a secure construction payment solution? Discover the Payapps difference today! 

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Payapps Selected as an ABA100® Winner for SaaS Innovation in The Australian Business Awards 2023 I UK https://www.payapps.com/awards-uk/aba100_saas_innnovation_australian_business_awards_2023-2/ Mon, 04 Sep 2023 16:07:00 +0000 https://payapps.wpenginepowered.com/?p=5370 We’re delighted to announce that Payapps has secured the esteemed ABA100 SaaS Innovation in the Australian Business Awards for 2023. This recognition acknowledges our prowess in construction software and underscores our unwavering commitment to delivering innovative solutions tailored to the dynamic construction world. The Australian Business Award for SaaS Innovation [SSI] is a hallmark of excellence in software as […]

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We’re delighted to announce that Payapps has secured the esteemed ABA100 SaaS Innovation in the Australian Business Awards for 2023. This recognition acknowledges our prowess in construction software and underscores our unwavering commitment to delivering innovative solutions tailored to the dynamic construction world.

The Australian Business Award for SaaS Innovation [SSI] is a hallmark of excellence in software as a service, particularly spotlighting products that redefine how industries like construction operate. These solutions cater to the evolving needs of their industries and set the benchmark for future innovations.

Why is this award significant?

Earning the ABA100 SaaS Innovation Award is a testament to Payapps’ leadership in the construction software landscape. It signifies our dedication to pioneering solutions that resonate with the current construction landscape and anticipate and address future challenges, especially in applications for payment.

Payapps: Bridging gaps in construction projects

At the heart of Payapps is a profound understanding of construction projects and the intricate dance between contractors and subcontractors. Payapps emerged from first-hand experiences and frustrations with the existing payment processes in the industry. Recognising the unnecessary complexities and delays plaguing applications for payment. Payapps was established with a clear mission: to create a cloud-based solution to streamline construction applications for payment, ensuring they are simpler, fairer, and faster for everyone involved.

How we’re innovating the management of applications for payment

  • Seamless communication: Our construction software facilitates real-time communication, ensuring synchronised application for payment management between contractors and subcontractors, minimising misunderstandings.
  • Automated application for payment management: The award recognises how Payapps offers an innovative SaaS solution to manage payment applications. We’ve transformed this traditionally manual process into an automated, efficient system, ensuring precision and encouraging prompt payments.
  • Transparent financial transactions: The simplicity we offer by integrating seamlessly with construction ERP and other leading construction software. Payapps provides a crystal-clear view of financials relating to progress claims, retention and variations, fostering trust and accountability. This integration also streamlines accounting and invoicing, making financial management straightforward.
  • Data-driven insights for construction projects: Harness the power of data with Payapps. Our construction software provides actionable insights, empowering both contractors and subcontractors to make decisions that elevate the quality of construction projects.

Payapps: the ‘go-to’ for construction application for payment software

Being crowned with the ABA100 SaaS Innovation in the Australian Business Awards 2023 is a testament to our excellence in construction software. But our true success is gauged by our transformative impact on our users. Our platform is meticulously designed to simplify intricate processes, promote collaboration, and enhance efficiency for application for payment management in large-scale construction projects.

If you’re searching for a construction software solution that seamlessly integrates with construction ERP systems, streamlines accounting and invoicing, and revolutionises payment application management, Payapps is your answer. Join the community of industry front runners who trust us to elevate their construction projects to new heights.

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Payapps Shortlisted for Best SaaS Product for the Construction Industry Award I UK https://www.payapps.com/awards-uk/payapps-shortlisted-for-best-saas-product-for-the-construction-industry-award/ Tue, 04 Jul 2023 17:11:00 +0000 https://payapps.wpenginepowered.com/?p=5730 The leader in application for payment software is recognised for empowering resilient businesses through innovative construction technology adoption. Construction businesses must adapt and thrive in a challenging operating environment in an ever-evolving construction industry marked by post-pandemic challenges and rapid technology adoption. Amidst this backdrop, Payapps, a leading global construction software solution, has been shortlisted […]

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The leader in application for payment software is recognised for empowering resilient businesses through innovative construction technology adoption.

Construction businesses must adapt and thrive in a challenging operating environment in an ever-evolving construction industry marked by post-pandemic challenges and rapid technology adoption. Amidst this backdrop, Payapps, a leading global construction software solution, has been shortlisted in the prestigious 2023 SaaS Awards program under the “Best SaaS Product for the Construction Industry” category.  

This recognition reaffirms Payapps’ commitment to simplifying and standardising construction applications for payment, enabling contractors and subcontractors to navigate the dynamic construction sector successfully. By offering streamlined processes, improved collaboration, real-time visibility, and financial control, Payapps empowers construction businesses to build resilience for long-term success and sustainability.

This recognition follows the company’s recent wins, including the global Good Design Award in Digital Design and Construction Computing’s Cloud Technology of the Year Award. Being shortlisted for this award recognises that Payapps enables users to improve construction contract administration, reduce compliance risk, and experience faster certification of applications for payment for improved cash flow and financial stability, ultimately contributing to their long-term success and sustainability. 

Enhancing construction contract administration

With supply chain pressures, rising costs due to inflation, and labour shortages impacting the construction industry, efficient contract administration has never been more crucial. Payapps emerges as a trusted solution by providing streamlined processes that enable users to improve operations by automating applications for payment and approvals. Payapps reduces manual errors and speeds up the application for payment approval process, resulting in improved cash flow and financial stability for construction businesses.

Reducing compliance risk

Compliance is crucial for construction businesses, as non-compliance can lead to significant penalties and delays. Payapps addresses this challenge by standardising and centralising application for payment processes, ensuring adherence to regulatory requirements, and minimising compliance risk.  The software’s robust features allow businesses to track and manage compliance documentation efficiently, providing peace of mind and mitigating potential legal and financial liabilities.

Real-time visibility and collaboration

Successful construction projects rely on effective communication and collaboration among project stakeholders. Payapps facilitates improved collaboration by providing a centralised platform allowing all parties to access real-time project data. This visibility enhances communication, reduces delays, and fosters better decision-making, improving project outcomes. Payapps enhances efficiency and productivity across the construction value chain by streamlining communication channels and facilitating collaborative workflows.

Financial control and stability

Managing finances is critical for construction businesses’ long-term success. Payapps empowers companies with greater financial control by providing real-time insights into construction applications for payment and approvals. Payapps enables businesses to monitor applications for payment, manage project budgets effectively, and maintain financial stability by automating financial processes and providing accurate reporting. With improved financial control, construction businesses can make informed decisions, optimise resource allocation, and mitigate financial risks.

Commitment to innovation and trust

Geoff Tarrant, Executive Chairman and Co-Founder of Payapps, expressed his delight at being shortlisted for the SaaS Awards, emphasising Payapps’ commitment to improving the construction sector through trusted and innovative collaboration tools. Payapps has gained global recognition by focusing solely on simplifying and standardising the submission of applications for payment and their certification. This dedication to delivering industry-specific solutions has made Payapps a trusted partner for contractors and subcontractors worldwide.

Payapps stands out as a resilient and innovative solution for construction businesses in an industry defined by dynamic challenges. The recognition of being shortlisted in the 2023 SaaS Awards program affirms Payapps’ commitment to transforming the construction sector by providing streamlined processes, improved collaboration, real-time visibility, and financial control. By leveraging Payapps’ powerful features, contractors and subcontractors can confidently navigate the ever-changing construction landscape, fostering long-term success and sustainability.  As technology continues to shape the industry, Payapps remains at the forefront, empowering construction businesses to thrive in a challenging operating environment.

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Awards, Partnerships and Customer Success Pave the Way for Payapps’ Phenomenal Growth I UK https://www.payapps.com/blogs-uk/awards-partnerships-and-customer-success-pave-the-way-for-payapps-phenomenal-growth/ Thu, 01 Dec 2022 17:27:00 +0000 https://payapps.wpenginepowered.com/?p=5745 It has been an award-winning year for Payapps, firstly winning the international Good Design Award in the Digital Design Category in recognition of our outstanding holistic design approach and innovation and then, just two months later, winning Construction Computing’s national Cloud Technology of the Year Award. Here, the judges were looking for a solution that […]

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It has been an award-winning year for Payapps, firstly winning the international Good Design Award in the Digital Design Category in recognition of our outstanding holistic design approach and innovation and then, just two months later, winning Construction Computing’s national Cloud Technology of the Year Award. Here, the judges were looking for a solution that captured the essence of Cloud, and advanced the benefits of centrally hosted software applications.

But the real highlight of 2022 for Neal Hooks, Payapps’ Head of UK and Ireland, is Payapps’ new alliances.

“Our partnership strategy has continued to allow us to build a global footprint for the brand,” explains Neal. “These collaborations have underlined our credibility and the integrity of our solution. Our partnerships with Autodesk and Eque2 were real highlights for me.”

The strategic alliance with Autodesk enables both Autodesk and Payapps to offer their respective customers real-time accounting and faster payment cycles during the construction process. Autodesk Construction Cloud customers can benefit from automating a very spreadsheet-driven workflow to reduce payment cycle time and eliminate potential errors, while Payapps customers can benefit from real-time accounting provided by Autodesk. What’s more, Autodesk and Payapps are working together to identify additional integrations that will benefit their common customer base in achieving better outcomes.

Payapps’ partnership with Eque2, who provide a range of fully-integrated cloud solutions to manage the end-to-end lifecycle of a construction project, provides Eque2’s contracting and subcontracting customers with an opportunity to add Payapps’ solution to manage applications for payment, further increasing the functionality of its software.Eque2 logo

As a result of our strong partnerships, innovative software and fantastic reputation, Payapps is winning new business at a fast rate. For example more than 40% of the top 30 MEP contractors now use Payapps for managing applications for payment. Globally, there has been a 20% increase in new customers during 2022 and an even higher increase for UKI, with over 41,000 users now relying on Payapps to submit and certify applications for payment worth a total of over £6 billion.

This year also saw Payapps achieve even faster customer set-up – for example within just 3 months of signing-up, one new customer has received 157 applications for payment through Payapps across20 projects. Payapps also achieved its best new customer satisfaction survey results: 98.4% customer satisfaction from 8,033 new conversations. “We are winning new business as a result of our work with main contractors and the onboarding process for their subcontractors,” explains Neal. “The larger subcontractors are quick to realise that the Payapps solution could, in turn, also benefit their own supply chain. We are winning a great deal of new business because subcontractors are impressed with our solution and can see the efficiencies that it brings.”

As a result of our new business wins and ambitious growth plans, Payapps has grown its global team by 21% between 2021 and 2022. Across UK and Ireland, we have brought in many new staff members as well as promoting internally, which is key to Payapps’ HR strategy: enhance people’s knowledge within the business, up skill them and provide them opportunities for personal and career growth.

We have been working hard to support the sector and bring people together again through various events, webinars, and industry roundtables. For instance, Payapps’ first live event following the pandemic was a speaking slot at Digital Construction Week. “It was great to be back talking to people face-to-face and meeting customers and industry professionals,” recalls Neal.

‍Matt Rawlinson, Senior Commercial Manager at BW, presented alongside Anthony Puma, Senior Business Development Manager at Payapps. Neal said: “It’s good to give our customers the opportunity to share the stage with us; working together leads to better outcomes for our partners, customers, and the industry as a whole. We are looking forward to attending even more live events next year.”

This year Payapps hosted a successful Land Rover Event for commercial and finance teams in construction. The day included networking, lunch, talks from industry experts and some fun off-roading in a fleet of iconic Land Rovers. We’re looking to host similar events in 2023 thanks to the positive feedback received.

Neal Hooks Payapps Driving Land Rover   Small for Website

Payapps recognise that the global economy has seen some of the most disruptive times in history and as a result recently launched its ‘From Surviving to Thriving’ initiative to explore how the sector managed through the pandemic, the lessons learned and what the strategy could before future success. We also produced a ‘survival guide’ that looks at four strategic areas businesses can focus on to help facilitate thriving in a post-pandemic environment.

“Material shortages, labour shortages and increasing costs are causing margins to shrink,” explains Neal. “Keeping an eye on your cash flow and increasing efficiencies will continue to be critical as there may be more challenges to come in 2023 as prices continue to rise and a possible recession bites.

“We are seeing the strains of these challenges in an increase in ‘smash and grab’ adjudications which is a real negative for the industry. These adjudications damage supply chain relations and cause disruption. They are often as a result of payment processing oversights, which can be easily avoided,” points out Neal. The April ‘How to Avoid Smash & Grab Adjudication’ webinar hosted by Payapps with invited industry specialists proved popular amongst construction industry professionals, with more than 300 registering for the webinar.

Despite the uncertainty around a recession, Neal believes construction is resilient. “It was solid through the pandemic and has continued to move forward while other industries slowed considerably. The industry has dealt with a recession before so it is not an unknown, however we are seeing construction firms adopt digital processes on a scale never seen before, arguably to withstand any downturn, streamlining tasks to ensure cost efficiencies and competitive advantage.”

“We are seeing roles like digital transformation managers emerge that didn’t exist before. Even smaller companies are coming to us with five-year digital strategies – this demonstrates clearly to me where the industry is heading. It needs to continue to be resilient and adaptable to thrive in 2023 and beyond.”

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Why Payapps Won ‘Cloud Technology of the Year’ Award I UK https://www.payapps.com/awards-uk/why-payapps-won-cloud-technology-of-the-year-award/ Wed, 23 Nov 2022 16:10:00 +0000 https://payapps.wpenginepowered.com/?p=5372 Payapps is delighted to have won the Cloud Technology of the Year Award at the 2022 Construction Computing Awards. ‍Judges were looking for a solution that captures the essence of Cloud and advances the benefits of centrally hosted software applications; one that demonstrates flexibility, security and cost-effectiveness whilst providing a comprehensive solution for large and small […]

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Payapps is delighted to have won the Cloud Technology of the Year Award at the 2022 Construction Computing Awards.

‍Judges were looking for a solution that captures the essence of Cloud and advances the benefits of centrally hosted software applications; one that demonstrates flexibility, security and cost-effectiveness whilst providing a comprehensive solution for large and small enterprises.

So in what ways does Payapps embody the essence of cloud technology to make this software worthy of such a win?

‍Payapps is a unique, cloud-based collaboration solution, shared by contractors and subcontractors, that standardises the complete valuation process, streamlining the submission and assessment of construction applications for payment. It replaces an inefficient and error-prone manual method with an innovative, accessible online process that is simpler, faster, fairer and more transparent, ultimately keeping contractors and subcontractors commercially aligned throughout a project’s lifecycle.

‍The traditional process of managing applications for payment is an inefficient mix of disparate systems, spreadsheets, handwritten notes and emails, often printed out, couriered, stored and misplaced. This often causes payment and project delays, fractured working relationships, breaches of legislated payment standards and adjudication.

‍Payapps, however, has standardised and digitised the process for both sides of construction transactions and makes all the information easily accessible online.

“I can’t believe we tried to manage applications for payment using spreadsheets and paperwork – in terms of administrative efficiencies, we’re saving around £100k a year now.”

Theo Riakiotakis, Finance Controller, BW: Workplace Experts

‍Partnered with businesses such as Autodesk, Procore, Trimble Viewpoint, Eque2, RedSky IT and 4PS, Payapps is used by main contractors and subcontractors working together on projects, or standalone by subcontractors, to manage their applications for payment.

‍The cloud-based software addresses the important issues in construction payments:

1. Approved and unapproved project variations are recorded, tracked and assessed to ensure nothing is missed by either main contractors or subcontractors. These are reflected in main financial and project management budgets and systems, and allow projected final accounts to be analysed with ease.

2. Payment retention means a certain amount of the project budget is withheld from subcontractors pending satisfactory completion of the project, and Payapps helps all parties calculate and track these amounts throughout the project.

3. Document compliance (insurances and bank guarantees) to reduce project risk as part of the application for payment certification methodology. Faster certification helps contractors meet regulations such as the Construction Act / Construction Contracts Act, created to provide security for subcontractors in construction.

Payapps at Construction Computing Awards The Hammers

‍Globally, Payapps has been adopted by over 40,000 users, managing over £6billion/annum applications for payment through the solution. UK contractors include Bouygues UK, Stepnell, Michael J Lonsdale, Blenheim House, TClarke and Watkin Jones.

Cloud-based for flexibility and accessibility

Subcontractors can submit applications for payment online, through Payapps in the office or on the go, at any time and on any device. So no matter where they are, the timely automated reminders ensure subcontractors never forget to submit an application for payment. Subcontractors can also upload and share compliance documentation, along with supporting evidence and explanations, to expedite their applications for payment.

‍Meanwhile, contractors are reminded to assess and approve payment applications whether they are at their desk or onsite. Indeed, Payapps was designed with an intuitive, high colour contrast user interface to support outdoor use on a mobile device, and to ensure easy use with minimal training.

‍Furthermore, Payapps uses responsive web design for primary use pages, created using a mobile-first approach that prioritises the most relevant information and actions to cater for smaller devices such as smartphones, with additional information added incrementally within revised layouts for larger screens.

“We can now log-in at any time of the day and see exactly where we are, what’s being claimed for, and what’s been certified or due to be paid.”

Martin Brown, Senior Quantity Surveyor, Swiftline Engineering

‍Cloud-based for transparency, visibility and collaboration around centralised information

Payapps provides a single, cloud-based interface where contractors and supply chain members come together to manage payment application submissions and certifications, variations and retention in one place. This allows both parties to track approval status in real-time and reduces the likelihood of project disputes.

“We can upload any supporting evidence… and because everything is in one place there is no risk of our applications or related documentation being mislaid.”

Vera Kiessling, Technical and Founding Director, Modular Connexions

‍Users save hours every month in their preparation, submission and certification of applications for payment; less time wrangling spreadsheets, finding paperwork and making phone calls to chase information, thereby encouraging faster payments and offering improved predictability of cashflow. This provides better project and financial outcomes for all parties across multiple projects, along with improved working relationships and reduced stress.

‍Being cloud-based, Payapps has the capacity to store data, providing a central document repository for compliance documents (such as licenses and insurances), as well as evidence and supporting documents, comments, modification reasons and images to back-up applications for payment.

‍Payapps seamlessly integrates with popular construction accounting and ERP systems. For commercial and finance teams, this reduces data entry requirements and provides a single, real-time view of project financials and status of applications for payment, alongside overall project budgets. Central visibility of all retention funds across a project ensures nothing is missed once a project is complete, and construction retention funds can be invoiced in full.

‍This single source of truth keeps all parties happy with no strain on cashflow across the project supply chain, ultimately providing superior confidence in control over project finances and project success.

“Now we’ve got visibility of everything coming in. There’s less chasing – probably none at all really – to get the subcontractors to submit their applications because Payapps does that for us. Everything’s in a standard format which is much easier than trying to interpret various documents to assess and value the works.”

Mark Nice, Commercial Manager, Bouygues UK

‍Cloud-based for standardisation, ensuring compliance

Construction has a high number of industry participants and high turnover of relationships. Contractors engage hundreds or even thousands of subcontractors, often engaging multiple businesses of the same trade type. Meanwhile, subcontractors work with multiple contractors, each with their own desired application for payment format and often with different formats between projects for the same contractor! This lack of consistency is incredibly inefficient and the transient nature of relationships means there is little investment in standardising payment application formats and processes.

‍Yet by creating an online collaboration mechanism, Payapps has introduced standardisation across the industry. With built-in reminders and all submissions provided in a digitised, consistent format every month, subcontractors applications for payment are timely, accurate and in line with contractual requirements. This reduces contractors’ time spent chasing amendments and finding lost paperwork, meaning quick assessment and certification – and therefore payment – is more likely.

“Payapps has standardised the way we are making payment applications, keeping all payment applications in one place… It has minimised the human error impact in the process.”

Jim Howe, Head of Business Development, Gtek

David Chadwick Construction Computing Magazine

For processing applications, contractors can set up a standardised application approval workflow in Payapps that works for them, with reminders to ensure payment notice deadlines are met. This gives both contract parties confidence that their ‘paperwork’ conforms to the UK Construction Act / Construction Contracts Act, and any disputes are genuinely focused on the extent and quality of work completed rather than the format, completeness and accuracy of the request for payment and subsequent assessment.

‍Having shared access to the same financial data, with the same calculations and classification of variations by status, both contract parties are working from the same page. A detailed, time-stamped history of individual payment applications provides an accurate audit trail. This transparency means all parties can focus on delivering our built environs, rather than arguing over different numbers and spreadsheet layouts.

“I would strongly recommend Payapps. It brings a level of consistency and uniformity across our business. It is a user-friendly process that saves invaluable time, which in today’s working environment is our greatest asset.”

Sean Hickey, Commercial Director, Cilantro

‍Cloud-based for quick and easy set-up

With Payapps, no ‘implementation’ is necessary and any training required is available online. Set-up is easy and fast; in fact the cloud-based platform can be up and running in as little as 24 hours so that a contractor’s payment approval process can be improved within days, not months.

‍For all users, there is also unlimited support via live chat, email and phone support.

‍‍“It’s an incredibly simple system which has been quickly picked up and understood by all of our users.”

Steve Gratte, Supply Chain Director, Gratte Brothers

‍Cloud-based for secure, no-maintenance, cost-effective payment application processing

Feedback from customers is that Payapps reduces their time to assess applications for payment by up to 50%. On this basis, most contractors achieve a fast return on investment within six months of go-live. They also enjoy automated product updates with no on-going maintenance or underlying infrastructure issues to be concerned with, making it incredibly cost-effective. Even in the event of a disaster, there are no servers the customer needs to rescue and replace, yet everything is backed-up.

‍Payapps’ hosting provider is AWS, with all information securely stored in their data centres and backed-up – essential in particular for audits and for recovery of evidence during any dispute negotiation.

“The process of assessing payments, and issuing payment notices, has been cut by around 50%. It can literally take minutes to process an application, issue payment notices and make a payment… very very easy.”

Carl Wiltshire, Managing Surveyor, G F Tomlinson

‍What’s more, there is peace of mind that Payapps is secure with the support of Optional SSO (Single Sign-On) for working across multiple projects, and Multi-Factor Authentication. For subcontractor users, Payapps offers a range of simple and flexible monthly payment plans with no lock-in contracts or additional fees – ever.

‍Whether Payapps is being used in collaboration with contractor clients, or to self-manage applications for payment, it’s easily scalable so there is a cost-effective plan no matter how many (or how few) payment applications are submitted.

In summary

Payapps is a one-of-a-kind, innovative, easy-to-use solution that embodies all the benefits of a centrally hosted cloud-based solution; improved visibility, flexibility, security and efficiencies in terms of time and cost savings. Coupled with exceptional customer support and a high service standard, users enjoy supreme control over their project payment processing.

‍To see this award-winning software for yourself, book an online demo today!

Payapps team - Construction Computing Awards

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Payapps Announced Winners at International Design Awards I UK https://www.payapps.com/awards-uk/payapps-announced-winners-at-international-design-awards-2/ Fri, 16 Sep 2022 16:12:00 +0000 https://payapps.wpenginepowered.com/?p=5377 The winners of international design awards ‘2022 Australian Good Design Awards’ were announced on Friday 16th September. The Good Design Awards are the highest honour for design and innovation in the country and reward projects across 11 design disciplines covering more than 30 categories and sub-categories.   Payapps received a prestigious Good Design Award Winner Accolade in the Digital Design category, […]

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The winners of international design awards ‘2022 Australian Good Design Awards’ were announced on Friday 16th September. The Good Design Awards are the highest honour for design and innovation in the country and reward projects across 11 design disciplines covering more than 30 categories and sub-categories.  

Payapps received a prestigious Good Design Award Winner Accolade in the Digital Design category, in recognition of outstanding design and innovation.

Award Good Design Award

With a proud history dating back to 1958, the annual Awards celebrate the best new products and services on the international market, excellence in architectural design, engineering, fashion, digital and communication design, and reward new and emerging areas of design including design strategy, social impact design, design research and up-and-coming design talent in the next-gen category.

The 2022 Good Design Awards attracted high-quality design projects from around the world. These innovative projects were evaluated by more than 70 international Jurors, including designers, engineers, architects and thought leaders. Each entry was evaluated according to a strictest of design evaluation criteria which includes Good Design, Design Innovation and Design Impact. 

Projects recognised with an Australian Good Design Award demonstrate excellence in professional design and highlight the impact a design-led approach has on business success and social and environmental outcomes. 

The Good Design Awards Jury commented: “A much needed edition to the construction industry that makes everybody’s lives hassle free. A streamlined approach to the submission and approval of payment between builders and subcontractors. An intuitive solution to a commonly loathed issue. Well done to everybody involved with the design and execution of this project.”

“It’s an honour for Payapps to be recognised against a number of high-calibre entrants for this year’s awards”, says Tony Simonsen, COO of Payapps.

“The Digital Design Jury were looking for solutions where a holistic design approach had been considered as well as projects that improve the quality of life for people and contribute to better economic, social, and environmental outcomes. I’m hugely proud that Payapps has been recognised for doing just that! We’re helping an increasing number of companies improve their back-office efficiencies and productivity, making it easier for them to better manage time-consuming and costly application for payment processes across the construction sector where the timing of payments have arguably never been more important.”

Dr. Brandon Gien, CEO of Good Design Australia and Chair of the Australian Good Design Awards said: “To be recognised with an Australian Good Design Award is a significant achievement, given the incredibly high standard of projects submitted in this year’s Awards. The Good Design Award is a valuable independent endorsement of professional design quality. It tells the world this project not only represents design excellence, but it also surpasses the criteria for design innovation and design impact.”

“We know that good design, when used effectively, can improve our quality of life and make the world around us better, safer, more efficient and more beautiful. It is clear from this year’s winning projects that investment in professional design delivers real impact – be it at a commercial, environmental or societal level. As our world transitions to a less-carbon intensive future, a design-led approach to solving problems and delivering meaningful impact is going to become more critical,” Dr. Gien went on to say.  

“The Good Design Awards recognise and celebrate the transformative power of design thinking to find innovative, customer-centric solutions to local and global challenges and this year’s Award-winning projects reflect just that. My sincere congratulations to all the designers, engineers, architects and innovators recognised in this year’s Awards – you deserve to be celebrated at the highest level,” Dr. Gien concluded. 

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