Tag: Progress Payment Claims

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 […]

Kiwi Construction Firms Losing 10+ Hours a Week to Admin? It’s Time to Break Free

New Zealand’s construction sector is booming, but a critical challenge looms a severe shortage of skilled labour. Amidst this pressure, a new Payapps report reveals a startling fact: Kiwi construction companies are three times more likely to spend 10 or more hours per week on repetitive administrative tasks compared to those utilising specialised construction software. […]

10+ Hours Lost to Admin? It’s Time to Break the Cycle and Build the Future of Construction

The Australian construction industry is facing a perfect storm: a surge in demand coupled with a crippling labour shortage.  In this high-pressure environment, new research from Payapps reveals a staggering statistic: Aussie construction firms are spending three times more hours each week on repetitive administrative tasks than their counterparts who have embraced digital solutions.  That’s […]

Building Bridges, Not Barriers: Enhancing Collaboration in Construction

In the New Zealand construction industry, seamless collaboration is essential for success. Our article “Building Bridges, Not Barriers: Conquering the Collaboration Conundrum in Construction”, featured in the June 2024 issue of Built Environment Economist magazine, delves deeper into this topic. The synopsis below provides an overview of how technological solutions like Payapps are modernising the sector, […]

Building Bridges, Not Barriers: Enhancing Collaboration in Construction

In the construction industry, seamless collaboration is essential for success. Our article “Building Bridges, Not Barriers: Conquering the Collaboration Conundrum in Construction”, featured in the June 2024 issue of Built Environment Economist magazine, delves deeper into this topic. The synopsis below provides an overview of how technological solutions like Payapps are modernising the sector, emphasising the […]

The Role of Main Contractors in Subcontractor Sustainability

In the construction industry’s complex ecosystem, subcontractors’ financial health is crucial for project success and overall industry resilience. Main contractors play a significant role in ensuring the stability of their subcontractors through ethical financial management and timely payments. Recent research highlighted by Business Scoop points to a concerning trend of a 28 per cent rise […]

The Role of Main Contractors in Subcontractor Sustainability

In the construction industry’s complex ecosystem, subcontractors’ financial health is crucial for project success and overall industry resilience. Main contractors play a significant role in ensuring the stability of their subcontractors through ethical financial management and timely payments. Recent research highlighted by ABC News points to a concerning trend of a 20 per cent rise […]

Perfect Your Payment Claims: Get Paid Faster & Avoid Disputes

In the construction industry, the preparation of a payment claim is more than a routine task—it’s a crucial step that ensures subcontractors are compensated in a timely manner for their efforts. Effective payment claims not only secure payments but also safeguard against contractual disputes. Here’s a comprehensive guide on how to prepare your payment claim, […]

Perfect Your Progress Claims: Get Paid Faster & Avoid Disputes

In the construction industry, the preparation of a progress claim is more than a routine task—it’s a crucial step that ensures subcontractors are compensated in a timely manner for their efforts. Effective progress claims not only secure payments but also safeguard against contractual disputes. Here’s a comprehensive guide on how to prepare your progress claim, […]

Secure Your Cash Flow: Importance of Submitting Accurate Payment Claims

Are you tired of chasing payments when you should be focused on your craft? Payment claims are your lifeline to a healthy cash flow, but if they’re full of errors, you’re not just delaying your income, you could be losing out on legal protections designed for your business. In the construction industry, payment claims are […]

Secure Your Cash Flow: Importance of Submitting Accurate Progress Claims

Are you tired of chasing payments when you should be focused on your craft? Progress claims are your lifeline to a healthy cash flow, but if they’re full of errors, you’re not just delaying your income, you could be losing out on legal protections designed for your business. In the construction industry, progress claims are […]

WA Security of Payments Act: Stage 3 Reforms in WA’s Construction Industry

The Building and Construction Industry (Security of Payment) Act 2021 (WA) has brought about significant legislative changes in Western Australia, fundamentally transforming the way payment disputes within the construction industry are handled. These changes, aimed at enhancing payment protections for all industry participants, mark one of the most substantial overhauls since the introduction of the […]

‘Pay Now, Argue Later:’ New Zealand Court Reaffirms Key Construction Principle

Is your construction business vulnerable to payment disputes? This court case offers a warning. A recent High Court decision in New Zealand has underlined a crucial principle within the construction industry: ‘pay now, argue later’. The case, Kitchener & Co (1989) Limited v Concrete Solutions Limited [2024] NZHC 653, highlights the importance of timely payments to prevent costly project […]

‘Pay Now, Argue Later:’ New Zealand Court Reaffirms Key Construction Principle

Is your construction business vulnerable to payment disputes? This court case offers a warning. A recent High Court decision in New Zealand has underlined a crucial principle within the construction industry: ‘pay now, argue later’. The case, Kitchener & Co (1989) Limited v Concrete Solutions Limited [2024] NZHC 653, highlights the importance of timely payments to prevent costly project […]

Sarah Constructions

Sarah Constructions

Sarah Constructions is using Payapps to improve transparency with subcontractors for payment claims, streamline the accounts payable process and save project managers up to one day per week by reducing administrative tasks.

Empire Group

Empire Group

Empire create beautiful building facades. They make complex architectural ideas happen, with simplicity and quality. Empire work as subcontractors to some of Australia’s leading head contractors and are experts in 6D design, engineering and construction.

City Circle Group

City Circle Group

City Circle Group streamlines progress claims with all their builders, even those not using the system.

Mainbrace Constructions

Mainbrace Constructions

Mainbrace Constructions started using Payapps on a single project with just 10 subcontractors using the system. Today, that number has risen to over 44 subcontractors per project and more than 200 claims are being submitted every month.

Vital Accounts

Vital Accounts

Vital Accounts is helping their construction clients use Payapps to better manage project invoicing, progress payments, retention, variations and cashflow, saving them time and delivering improved financial outcomes.

Systematic Plumbing

Systematic Plumbing

Xero integration automatically creates invoices on claim approval, resulting in significant time savings.

New Era Group

New-Era-Group

New Era Group uses Payapps to standardise project financial information with their clients, streamline their monthly progress claims process and reduce the time project managers spend on billing and administrative tasks.

Westplex and Payapps

Transitioning from Excel to a digital solution reduces risk of human error for Westplex.

Fabcon Structural

Fabcon Structural

How Fabcon Structural streamlines progress claims and integrates with Xero to reduce duplicate data entry.

Building Resilience in Construction: Insights from Sonja Horrigan, Finance Manager at FKG Group

Building Resilience in Construction: Insights from Sonja Horrigan, Finance Manager at FKG Group

During our insightful industry roundtables on construction resilience at Blackboard Bar in Brisbane, we had the opportunity to meet one of Payapps customers, Sonja Horrigan, Finance Manager at FKG. Tune into Sonja’s interview with Misty Cronin, Head of Sales at Payapps for Australia and New Zealand, as they delve into the prevailing challenges and opportunities within […]

On-Demand Webinar: Mastering Queensland Project Trust Accounts

On-Demand Webinar: Mastering Queensland Project Trust Accounts

Discover how Payapps is streamlining progress claims so Spaceframe Buildings can focus on PTA compliance. Watch our webinar with our customer, Spaceframe Buildings.   Hear from the team as they share their journey in getting “business ready” to meet their obligations under the related legislation for Queensland project trust accounts (PTA).   They’ll also share […]

Payapps and Subcontractors

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 the builder and how it can affect your cashflow and payment. Imagine, a builder can receive thousands of progress claims a month.  Without a system like Payapps, claims are submitted via email […]

Your Guide to Construction Progress Claims

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 and subcontractors, largely due to the complexity, time, and size of construction projects. Depending on the systems being used, it can be difficult to track where a claim or a […]

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 proportion) for the many smaller businesses that represent your subcontractors. Fortunately, there’s a smarter (and less risky) way to work for everyone – and it doesn’t involve changing your accounting […]

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

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 brought together construction leaders and professionals to explore how businesses can enhance their resilience in industry with many disruptions.  The roundtable moderator, Jordan Skinner, host of Australia’s #1 Construction Podcast […]

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

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 were privileged to hear from Peter Rahilly, Director of 2Construct.  Watch Misty Cronin, Head of Sales at Payapps for Australia and New Zealand, interview Peter to get his thoughts on the […]

How Digital Adoption Drives Financial Resilience In Construction

How Digital Adoption Drives Financial Resilience

Technology is helping construction companies improve cash flow and reduce late payments – offering greater financial resilience and enhanced business health in a challenging economy. In the fast-paced and dynamic world of construction, staying ahead of the curve is crucial for businesses aiming to thrive and flourish. Our recent research highlights the powerful impact of […]

Payapps Shortlisted for Best SaaS Product for the Construction Industry Award

The leader in progress claim 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 progress claims, enabling main 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 Australian Good Design Award in Digital Design and the UK's 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 progress claim approvals 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 progress claims and approvals. Payapps reduces manual errors and speeds up the claim 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 progress claim processes, ensuring adherence to regulatory requirements, including various state-based security of payment legislation acts (SOPA) and minimising compliance risk. The software's robust features enable 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 progress claims and approvals. Payapps enables businesses to monitor progress claims, 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 progress claims and approvals. This dedication to delivering industry-specific solutions has made Payapps a trusted partner for main 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, main 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.

The leader in progress claim 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 […]

Fabcon Structural

Fabcon Structural

How Fabcon Structural streamlines progress claims and integrates with Xero to reduce duplicate data entry.

Mainbrace Constructions

Mainbrace Constructions

Mainbrace Constructions started using Payapps on a single project with just 10 subcontractors using the system. Today, that number has risen to over 44 subcontractors per project and more than 200 claims are being submitted every month.

ADCO Constructions

ADCO Constructions

ADCO Constructions transforms the way they manage progress claims processing and drives efficiencies right along their supply chain.

Systematic Plumbing

Systematic Plumbing

Xero integration automatically creates invoices on claim approval, resulting in significant time savings.

Sarah Constructions

Sarah Constructions

Sarah Constructions is using Payapps to improve transparency with subcontractors for payment claims, streamline the accounts payable process and save project managers up to one day per week by reducing administrative tasks.

New Era Group

New-Era-Group

New Era Group uses Payapps to standardise project financial information with their clients, streamline their monthly progress claims process and reduce the time project managers spend on billing and administrative tasks.

Westplex and Payapps

Transitioning from Excel to a digital solution reduces risk of human error for Westplex.