AU Blog Archives

Thriving In The Construction Industry Post-Pandemic

Reimagine success in the post-COVID construction industry with our comprehensive guide.

What Is Retention?

Retention is security held by a procuring contractor to guarantee the performance of a suppling contractor and in particular to safeguard against defects in the

Payapps’ Guide to Construction Contract Variations

Explore the complexities of construction contract variations with Payapps and get key insights on controlling project costs and margins.

Why Construction Companies Should Embrace Technology For Progress Payment Claims

AN INDUSTRY READY FOR CHANGE This piece was written for S.R. Clarke & Associates, a construction industry executive search firm, by Lauren Brookes, a writer

Why We Need to Ditch The Spreadsheet to Manage Progress Claims

Why We Need to Ditch The Spreadsheet to Manage Progress Payment Claims In Construction

IF YOU’RE IN THE CONSTRUCTION INDUSTRY AND TRYING TO KEEP TRACK OF PROGRESS CLAIMS, EXCEL REALLY, REALLY SUCKS. If you’re a contractor drowning in what

What to Focus On When Engaging Construction Contractors

HOW TO CHOOSE THE RIGHT CONTRACTOR FOR THE JOB. Getting the building phase of a project right is likely to make the build go relatively

Why The Relationship Between A Construction CIO And CFO Is Critical For Driving Innovation

THE RELATIONSHIP BETWEEN A CFO AND CIO IN THE CONSTRUCTION INDUSTRY CAN BE UNDENIABLY FRAUGHT. THE TWO EXECUTIVES OFTEN FIND THEMSELVES AT OPPOSITE ENDS OF

Gaining a working understanding about technology adoption

New technologies are being introduced into the construction field at a dizzying rate, literally forcing construction professionals to adopt or risk being outpaced by competitors.

Your Guide to Construction Progress Claims

Need to lodge a progress claim in construction? This guide is for you. Managing progress claims in the construction industry can be tricky for contractors

Your Guide To Minimising Construction Project Delays

Let’s get the bad news out of the way first. Then the good news – and there is good news – can be placed in

The Next Five Years in Construction And How You Can Adapt And Thrive

The building industry is central to our economy, contributing 13% of GDP and employing over 1.4 million Australians. However, unlike other sectors, it has struggled

Tech Adoption Is No Longer A Nice To Have, It’s A Necessity

AN INDUSTRY READY FOR CHANGE The building industry is central to our economy, contributing over 13% of our GDP and employing over 1.15 million Australians*.

Payapps and Subcontractors

BETTER INFORMATION RESULTS IN FASTER PAYMENT APPROVALS At first it might be hard to draw the connection between the quality of information you provide to

Advance Payments in Construction – What Are They and How Can They Be Managed?

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

A Practical Guide To Construction Software Implementation

There has never been a better time to adopt technology to improve your processes and margins. But buying software isn’t the solution by itself –

Adjudication If Parties Settle

It is always good to have as much knowledge as possible of Payment Claims and Dispute Resolutions. No contract party ever wants to end up

Design & Construction Contracts

When it comes to building disputes, design and construct (D&C) contract disputes are a real conundrum. They are protracted, difficult to disentangle and fraught with

The Keys to Contract Valuation

FIND OUT EVERYTHING YOU NEED TO KNOW Assessing project performance is vital to ensure that everything is on track to achieve the projected operational results

Make Payment Claims Easier For Your Subbies – And For Yourself!

Once a project’s underway, many construction companies get overwhelmed by the sheer effort of managing the payment claim process. It’s at least as difficult (in

5 Ways to Generate Trust in Construction

The majority of clients and head contractors say they can’t trust their subcontractors to any appreciable degree – 68% according to KPMG. Equally, subcontractors feel they can’t

Risk of Failing To Chase Payment

In the construction industry, contractors often leave themselves vulnerable when it comes to chasing contractor payments. Many clients wait an average 8 months before even

Responding to Requests Under the Security of Payments Act

TIME FRAMES AND THE SECURITY OF PAYMENTS ACT THE SECURITY OF PAYMENTS ACT WAS PUT IN PLACE PRIMARILY TO ENSURE QUICKER PAYMENT FOR BUILDERS, BUT

8-Point Guide to Project Management Software

Construction business owners and project managers alike know how tough it can be to manage a project, but some are reluctant to change processes to

Poor Cash Flow Affects Your Business

Poor cash flow can affect much more than the financial performance of your business. The non-financial costs of poor cash flow can have just as

On-Demand Webinar: Connecting the Construction Workplace of the Future

What does the future hold for construction? The construction industry is central to our economy, however unlike other sectors, it has struggled to modernise and

Construction Sector Needs Tech Innovation Not Regulation

SEE WHAT OUR CEO HAS TO SAY ABOUT FINTECH AND CONSTRUCTION. The failed attempt to re-establish the Australian Building and Construction Commission (ABCC) by the

Cost increases place huge pressure on construction industry, leaders embrace digitisation as a way forward

Construction industry supply chains reshaped by technology

Paper and spreadsheets meets digital solutions The construction sector relies heavily on having coherent workflows and paperwork. This ensures the smooth completion of project assessments

Cost increases place huge pressure on construction industry, leaders embrace digitisation as a way forward

Throughout 2020 and 2021, the COVID-19 pandemic has exacerbated ongoing issues in the construction sector – one being the continued rise in costs of building

Partner spotlight: ProcurePro

A brief overview of your company ProcureProProcurePro is a procurement and contracting platform, enabling construction contractors to compare, select, approve and contract with subcontractors on

More than a buzzword: How collaboration can lead to growth in the construction sector

In the construction industry, we’re often thinking about risk and how we can mitigate it. The last two years of the COVID-19 pandemic have propelled

Building Resilience in Construction Report Cover

Building Resilience Through Technology

Unlock the secret of resilience in the construction industry through digital adoption with our comprehensive report.

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 industry continues to innovate, we’ve found that technology is doing more than just making certain processes easier. Below we highlight four ways we’ve seen innovative technology influence team collaboration and overall success. ‍ 1. SINGLE SOURCE OF TRUTH ‍Something that tends to slow teams down is when there is more than one version of a single document. We’ve all been there – you receive a spreadsheet and need to make edits, so you save a new version and make your changes. You may not want to delete older versions just in case, so you leave them in place. Once the spreadsheet passes through several hands, we now suddenly have 5 or 10 versions of the same document. At this point it’s impossible to tell which version is the “right” one. Not to mention the mess that occurs when you are emailing these documents back and forth, so they’re not being saved in a central location for easy access. ‍ Technology platforms can help alleviate this problem altogether. Services like Dropbox and OneDrive allow for one central location for all your documents to be saved and easily accessed by your team members. But even with a file sharing tool, you still likely have several versions of each important document floating around. This is where a platform like Payapps is so impactful for easy team collaboration. Payapps provides what we call the single source of truth. All your contract and billing data is saved in a single place in Payapps and matches what you see in your ERP system. Change orders, schedule of values, compliance documents and more are all stored right in the platform. There is no need to make edits to a spreadsheet and re-upload, nor do you have to go digging for that compliance documentation– it’s all in Payapps already. ‍ 2. SUPPLY CHAIN TRANSPARENCY ‍Clear, easy communication with your supply chain is paramount to running a successful business. And even if you have solid relationships and open lines of communication already set up, this is often a bottle neck that takes up valuable time and resources for your internal team. To preserve these internal resources, many builders are relying on transparency rather than back-and-forth communication. Payapps offers this transparency so that builders can easily communicate with their supply chain without ever opening their email or picking up their phone. The Payapps platform allows that visibility so folks can answer their own questions. Subcontractors who are concerned about a progress claim or variation can log into Payapps and see the status of all their claims. Likewise, builders can assess, approve, request information and more from within the platform. It’s true collaboration at its finest! ‍ 3. BETTER COMMUNICATION ‍Technology helps improve communication by easing some of the pressure your team may be experiencing. As deadlines loom and work piles up, it can be natural for team members to put their head down in an effort to get everything done. It can be dangerous for your team to work in isolation like this and can make them feel shut off from one another. Technology is never meant to replace your team’s communication with one another, but it can help streamline their workflow. Payapps, for example, is helping Accounts Payable teams access all the information they need to process pay apps without having to search through emails or old folders (physical or digital). Rather than relying on documents coming in via snail mail or fax machines, the information needed is all in one place. This serves as a single point of reference for teams when they do come together to collaborate. ‍ 4. TIME SAVING ‍Last but certainly not least, we know running your business smoothly has a lot to do with saving time and resources whenever possible. Though it may seem daunting to incorporate new tech – especially at a time like this – doing so can have a massive impact on your team’s time. Builders who switch to Payapps save an average of 50% of their accounting team’s time once they get up and running. Think of what your team could accomplish with that many additional labor hours!

Four Ways Construction Technology Improves Collaboration

In the realm of construction, technology’s role in facilitating collaboration and streamlining processes, especially in the context of progress claims, cannot be overstated. By delving

Resilience Roundtables: A Conversation with Brett Stephenson, Chief Revenue Officer, and Misty Cronin, Head of Sales.

The Payapps team in Australia hosted a roundtable discussion on building resilience in the construction industry at Rockar, Barn Grill in Melbourne and Blackbird in Brisbane. The roundtables

Building Resilience in Construction: Insights from Peter Rahilly, Director of 2Construct

The Payapps team in Australia had the privilege of hosting round tables in Brisbane & Melbourne on building resilience in the construction industry. Our Rockpool Bar & Grill Melbourne guests

Payapps Recognised with the ABA100® SaaS Innovation in The Australian Business Awards

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

Charting the Future of Construction: Embracing Challenges and Harnessing Technology

The Australian Intergenerational Report 2023 is not just a statistical forecast—it’s a compass guiding us through the challenges and opportunities of the upcoming decades. Central to this

Unlocking Success in Construction: A Deep Dive into Data and System Integrations

The construction industry, often seen as a bedrock of tradition, is undergoing a transformative shift. Fueled by the digital revolution, this metamorphosis reshapes how construction

Payapps Achieves ISO 27001 Certification: Elevating Trust and Security in Construction SaaS Industry

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)

Say Goodbye to Spreadsheets

Reduce your administration work
and improve collaboration with an
award-winning solution.

Making EoFY easy for construction businesses

If you feel like the lead-up to the end of financial year (EoFY) is always a mad rush, we’re here to help make the process

Simpler, faster and fairer: a level playing field for construction

The construction industry is becoming more complex, exacerbated by the increased size of projects, global forces, and market challenges. Complexity can lead to increased risks,

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