Access Coins and Payapps Integration to Transform Construction Industry Payments | UK
Access Construction and Payapps streamline subcontractor payments and compliance with Access Coins ERP, enhancing efficiency and cash flow.
Access Construction and Payapps streamline subcontractor payments and compliance with Access Coins ERP, enhancing efficiency and cash flow.
With technology becoming more central to day-to-day activities in construction, the benefits outweigh any inconveniences or cost associated with getting up and running. Within a
In this post, we provide a high-level overview of Irish payment claims and the Irish Construction Contracts Act, making comparisons with their UK counterparts and
In this blog post, we look in depth at the Prompt Payment Code, what it is, what it is designed to do, some of the
In this blog, we cover the following questions: In the construction industry, there are two types of payment documents that can cause some confusion
Interim payments in construction allow subcontractors to receive payment against works in stages, spreading the value and payment for the works over the length of the
As part of its continued focus on educating and supporting the construction industry, contractor software provider Payapps presented a live webinar entitled ‘Construction Payment Practices
As an industry leader in construction payment management technology, Payapps is delighted to announce its acquisition of WebContractor Holdings Limited, a UK-based construction software company
The need for speed – streamlining the construction valuation and payment process in a fast-paced environment Many contractors have to deal with short contract timescales
A Payment Certificate is a document produced by a contractor that contains financial information relating to a payment to a subcontractor for ongoing or completed
Construction projects are complex undertakings that require careful planning, management, and execution. One of the most critical aspects of any construction project is payment. Construction
Tuesday 1st November 2022 saw Payapps hosting an event at the Land Rover Experience in London for senior commercial and finance peers to discover practical
Check out our top 8 highlights of 2022 including key product enhancement, customer success, and team growth.
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
When it comes to processing construction applications for payment, “technology” and “collaboration” may not be the first words that come to mind. As the construction
The construction sector is typically accused of being slow to embrace change and adapt to new technology and methods, particularly when it comes to administration
Payapps is delighted to announce its official partnership with Eque2, a construction, contracting and housebuilding software firm that offers a range of cloud solutions to manage
The construction industry operates within the tightest of margins. As such, project delays and disputes can often occur due to many reasons. But, can technology
As the construction industry transitions from surviving to thriving mode post-pandemic, the time has come for businesses to start growing profit margins to strengthen their
The construction industry is well positioned to make good use of a range of technology on offer. Indeed, many digital applications are already being used
Payapps Limited and Autodesk today announced a strategic alliance to strongly align Autodesk Construction Cloud solutions with Payapps’ best-in-class global construction payment management solutions in Australia, New
Prompter payments: the construction industry’s payment regulation change 2022 Typically, April 1st marks a day of light-hearted fun, harmless pranks and good-natured jokes. However, 2022
The pandemic changed working practices for millions of us across the UK, and whilst some – namely those in the construction sector – still had
A Melbourne-born chartered accountant with 30 years of multi-disciplinary experience in corporate advisory, investment banking, construction and software publishing, Lincoln Easton founded Payapps in 2014.
The construction sector is known for being notoriously slow to adopt new technologies, and for the most part, the fit-out sector is no different. But,
Late or missed payments can be detrimental to projects and, in some cases, can even force organisations to close their doors, as seen in the
In an interview with Rob Driscoll, Director of Legal & Business at ECA and construction payment expert, he discusses the latest changes to Prompt Payment
Temperatures rise, relationships get threatened, arguments break out far too often, and a costly outcome for all parties isn’t far away. Whilst this could be
From 1st March 2021, construction businesses in the UK have been included in the VAT Reverse Charge scheme, this bringing a big shift in how
When it comes to construction projects, delays tend to be an inevitable fact of life. Analysis of many wide-ranging reports that tackle the issue of
What is the Construction Industry Scheme? Introduced by the UK Government in 1999, the Construction Industry Scheme launched with something of a shaky start, before
A landmark case in the Technology and Construction Court looks to be the first to consider whether those issuing Payment Notices have a genuine belief
When you break it down into the simplest of terms, construction firms have two main goals – to build and to make a profit while
In the first of our new series of ‘Payapps – Behind the Scenes’, we sit down with Angus McAlpine, our Head of Partnerships here at
In most cases, construction projects rely on several parties combining to work towards a common goal. But, one unfortunate fact of these projects – that
After a largely successful vaccination programme, coupled with the economy reopening, many have optimism for what lies ahead in 2022 and beyond. Findings from the Office
Managing construction risk The risks faced by the construction industry are numerous and varied but in the simplest terms, “risk is the effect of uncertainty”.
Construction payment management systems and ERPs are two distinct types of software used by construction companies; but what are they and what are the differences
The total number of risks which can be identified for any construction project is very great indeed. With so many moving parts within every construction
What is retention in construction? Retention in the Construction sector is a sum of money withheld from a payment to a contractor / subcontractor until
How often do we see an idea or practice introduced as a solution for one problem, only for it to be manipulated and abused until
Advance payments, once unheard of within the Construction industry, are starting to become a little more commonplace. But what are they and what is their
Construction projects have to be a collaborative effort, with a vast array of skills required to get a project from initial idea to completion. From
The construction industry is not known for its efficient processes and timely payments. In fact, the opposite can often be said to be true. The
Construction industry payment practices Payment practices within the construction industry have long been a contentious issue. With late or delayed payments the expected norm, and
“People are our greatest asset”. It is a phrase that many will have heard spoken numerous times, but companies in the past haven’t always acted
The Construction industry is not known for its innovation. In fact, the opposite could probably be said to be true – change is normally slow
Five years ago, in 2016, Mark Farmer, CEO of Cast Consultancy was tasked with reviewing the status quo in the construction industry, specifically concerning business
The Construction industry, like many other industries, is facing many unprecedented changes and challenges in the current climate. It makes it more important than ever
What is the ‘Vision for the built environment’? The dictionary definition of ‘vision’ is ‘the ability to think about or plan the future with
The construction industry’s secret weapon is going to be collaboration – especially when it comes to payment solutions. It’s not easy finding weapons of mass
Healthy cash flow in construction depends on efficient and accurate payment processes The UK construction industry is highly fragmented – in fact, the average project
Late payments in construction projects put the entire supply chain at risk. What is the solution to this chronic problem? The UK construction industry is
Project Bank Accounts (PBAs) are now at the forefront of efforts to speed up the payment process for construction SMEs. With the Scottish Government the
Construction is complex business but even so, three-quarters of projects failing to meet the agreed construction timeline should give everyone in the industry pause for
Can the UK construction industry learn from new Australian legislation on applications for payment processes? Australia’s got a lot to answer for. Jason Donovan’s music
Discover how major companies are deploying innovative techniques to enhance their construction procedures and boost the output of their supply chains. The construction sector has
44% of construction firms struggle with construction staff shortages, according to KPMG. And this figure doesn’t even account for the potential impact of Brexit on the
Over-reliance on spreadsheets and paper could be slowing down your construction procedures and eating into your profit margins With all the uncertainties hanging over the
Fewer than one in three construction projects come within 10% of budget. Consider these 7 reasons why yours might be overspending The run-up to an
Are late payments in construction really inevitable, or is there a solution out there that helps everyone win? ABBA got it right. Money, money money.
Effective supply chain management is key to the success of a construction project. Strong supplier relationships guarantee the best skilled workforce on the job, ensuring
Turbo-charging the application for payment process is not just great for subcontractor relationships, it tackles the scourge of payment disputes in the construction sector. Would
To many in the construction industry, late payment is a necessary evil. We almost take it for granted that some companies will insist on long
Payment has long been one of the most contentious issues in the Construction Industry, so much so in fact, that in 1998 the ‘Housing Grants,
Nothing’s ever moved quickly in the world of construction, but recently you get the feeling that with payment practices, we are on the cusp of
Back In 2015, Construction News conducted a survey to understand the current state of payment in the construction industry, in which 35.8% of respondents said their average