Product of the Year award win underlines dedication of Payapps’ team | UK

Product of the Year award win underlines dedication of Payapps’ team

We attended the Construction Computing Awards as much in hope as in expectation. We know how effective Payapps’ automated application for payment software can be, but it’s incredibly inspiring to know that users across the construction industry agreed enough to see us win the much-coveted ‘Product of the Year’ award.    The awards ceremony, held […]

Payapps’ innovative payment technology rewarded with award success | UK

Global Fintech Awards

Payapps, an Autodesk company and one of the UK’s leading suppliers of automated application for payment software, saw off strong competition to be ‘Highly Commended’ in the prestigious Payment Technology award category at this year’s Global Fintech Awards.   In what was its first year competing for the award, the company was recognised as one […]

WATCH – Payapps Event – ‘Reduce Risk: Fast track to compliant subcontractor applications for payment’ I UK

Payapps guests on the racing simulator at the F1 Arcade, London

Rev your engines, because we were thrilled to host an event that zoomed into the future of managing applications for payment. This high-powered day took place at London’s F1 Arcade, and was packed with insights, expert-led discussions, and thrilling interactive experiences – all geared towards revolutionising the way construction businesses manage applications for payment.  Our […]

New Small Business Commissioner Appointment to Ensure a Fairer Future? | UK

New Small Business Commissioner appointment to ensure a fairer future?

With late payments still a major challenge for the construction industry, the appointment of a new Small Business Commissioner to help tackle late payments and unfair payment practices could indicate a growing commitment to provide the support and guidance needed by small contractors and subcontractors across the UK. Emma Jones CBE, founder of Enterprise Nation, […]

WATCH: From Conflict to Collaboration – Building Trust in Subcontractor Payments | UK

From Conflict to Collaboration: Building Trust in Subcontractor Payments

Complete your details below to watch the webinar on-demand:  With insolvencies on the increase across the construction industry, the importance of ensuring fairer and faster payments and avoiding payment disputes cannot be understated. To help shine a spotlight on this, and how technology can be the remedy the built environment needs, Payapps’ Product Expert, Anthony […]

Fair Payment Code Major Focus at the 2025 CFO Summit | UK

CFO 2025 Summit - Rob Driscoll ECA and Christina Wilson SISK

With the number of adjudications in the construction industry on the rise, and the number of insolvencies reaching unprecedented levels, the issue of fair and prompt payments has never been more relevant. It’s therefore unsurprising this was a hot topic at this year’s Construction Wave CFO Summit in London. One of the most keenly listened […]

Digitising for Efficiency and Transparency: How Vaughan Engineering Services Transformed Subcontractor Payment Processes | UK

Vaughan Group - Website Blog Header

Established in 1955, Vaughan Engineering Services Ltd is a leading mechanical and electrical building services engineering contractor operating throughout the UK and Ireland. The company offers a comprehensive range of services – design, manufacture, installation, and maintenance of complex engineering systems – across a variety of both public and private development projects. https://youtu.be/3Y9HZ_6hgfU From offices […]

Mental Health: The Hidden Cost of Late Construction Payments | UK

With the construction industry under increasing pressure to make tight deadlines and remain financially secure during the ongoing cost-of-living crisis, late payments can cause significant financial challenges. However, the effects of delayed or missed payments aren’t just financial – they can often impact wellbeing too. In fact, a survey carried out in December 2023 by […]

Phoenix ME: A Smart Approach to Supply Chain Applications for Payment | UK

Established in 1931, Phoenix Mechanical Electrical (Phoenix ME) is an established market leader specialising in the design, installation, and commissioning of mechanical and electrical systems across various sectors.  With a turnover exceeding £350 million Phoenix ME operates from locations in London, Cambridge, and across Europe, in sectors including commercial offices, banking establishments, data centres, education, government […]

Autodesk to acquire Payapps for global payment and compliance management | UK

Autodesk x Payapps

Payapps is delighted to share that Autodesk, a world leader in design and make technology, has entered into an agreement to acquire Payapps. This marks a pivotal milestone for Payapps and is a true reflection of the hard work and commitment of the entire Payapps team. This acquisition builds off the previous collaboration and strategic […]

7 Reasons to Switch from Spreadsheets to Payapps Software I UK

Are you really still using spreadsheets to manage applications for payment?

Using spreadsheets to manage applications for payment and variations is time-consuming and error-ridden, which can lead to payment delays, failure to comply with regulatory obligations and friction between contractors and subcontractors. Payapps offers a much better way – it’s simpler than you think to transform the way you manage applications for payment.  Compare Payapps with […]

Payapps Expands UK and Ireland Footprint with Strategic Acquisition of WebContractor Construction Software I UK

Payapps Expands UK and Ireland Footprint with Strategic Acquisition of WebContractor Construction Software

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 specialising in subcontractor applications for payment. This pivotal move marks a significant milestone for Payapps, as it enhances its product offerings but also broadens its client base, solidifying its reputation […]

Payapps Recognised as Best SaaS Product for the Construction Industry at the 2023 SaaS Awards I UK

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. Payapps Anz B Log C 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.

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 […]

Payapps Selected as an ABA100® Winner for SaaS Innovation in The Australian Business Awards 2023 I UK

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.

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 […]

WATCH – Payapps Event – ‘The Need for Speed’ I UK

Payapps Event - The Need for Speed'

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 where a need for speed can be a challenge. Hasty estimates make scope creep and variations more likely, which in turn increase the likelihood of disputed valuations, project delays and […]

Payapps Shortlisted for Best SaaS Product for the Construction Industry Award I UK

Payapps Shortlisted for Best SaaS Product for the Construction Industry Award

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 […]

WATCH – Webinar Recording – Construction Payment Practices Review – Building a Responsible Payment Culture I UK

WATCH - Webinar Recording - Construction Payment Practices Review - Building a Responsible Payment Culture

Watch this webinar as our panel members from Willmott Dixon, Morgan Cass and Adexsi UK consider the latest update from Build UK’s benchmarking of payment performance, and discuss building a responsible payment culture.  [Rather read a report? Click here to download the PDF report containing a summary of the webinar discussion – ‘Construction Payment Practices Review’.] […]

WATCH – Payapps Event – ‘Smarter Working for Commercial and Finance Teams in Construction’ I UK

Payapps Event - 'Smarter Working for Commercial and Finance Teams in 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 ways teams can work smarter. Watch the highlights below… https://www.youtube.com/watch?v=HpNEhWi30AE The event welcomed speakers to discuss common project and supply chain challenges that impact project profitability and productivity. The construction […]

Awards, Partnerships and Customer Success Pave the Way for Payapps’ Phenomenal Growth I UK

Awards, Partnerships and Customer Success Pave the Way for Payapps' Phenomenal 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 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 […]

Why Payapps Won ‘Cloud Technology of the Year’ Award I UK

Why Payapps Won 'Cloud Technology of the Year' Award

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 […]

DOWNLOAD – Thriving in the construction industry during challenging times I UK

Complete the form below to download the eGuide – Thriving in the Construction Industry During Challenging Times. Is your construction company ready to switch from survival gear to thrive mode? In 2024, many industries are still being negatively affected by challenging times in the aftermath of the COVID-19 pandemic. The relatively difficult circumstances the industry […]

Improving Project Predictability with Modern Methods of Construction I UK

Improving Project Predictability with Modern Methods of 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 and the back office. There’s no denying, however, that in some areas of the trade the industry is making great strides. Modular construction is on the increase within both residential […]

Payapps Partners with Eque2 I UK

Eque2 partners with Payapps

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 end-to-end lifecycle of a construction project. This partnership will provide Eque2’s contracting and subcontracting customers with an opportunity to extend the use of their existing construction accounting and commercial […]

‘Getting It Right’ Extends Beyond Onsite I UK

'Getting It Right' Extends Beyond Onsite

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 play its part in helping work take place correctly, and why is it necessary to get it right the first time?   Construction projects – the cost of getting it […]

Payapps Announced Winners at International Design Awards I UK

Payapps Announced Winners at International Design Awards

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, […]

The Role of Digital Technology and Modernisation in Construction – The Key to Success I UK

The Role of Digital Technology and Modernisation in Construction - The Key to Success

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 in the construction sector to positive effect: Modular construction, building information modelling (BIM), big data, additive manufacturing, robotics, IoT, and virtual twins to name a few. In this article, we’ll […]

Payapps and Autodesk Partner to Help Construction Companies Automate Payment and Compliance Workflows I UK

Autodesk partners with Payapps

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 Zealand, United Kingdom and Ireland, and with GCPay in North America. The alliance enables both Autodesk and Payapps to offer their respective customers real-time accounting and faster payment cycles during […]

DOWNLOAD – From Surviving to Thriving: Seizing Opportunities in Challenging Times I UK

Complete the form below to download your free copy of the digital eBook ‍In recent years, the global economy has seen some of the most disruptive times in history, with the construction sector as susceptible to these challenges as other industries. ‍Through a series of video interviews with contractors, consultants and trade organisations along with […]

Does technology hold the key to better cashflow? I UK

Modernising how a business can pay and receive invoices, digital solutions can provide greater transparency and remove uncertainty. Payapps’ Head of Partnerships, Angus McAlpine, and Senior Business Development Manager, Anthony Puma, joined Construction News for a roundtable discussion, assessing the role technology can play in fixing the age-old payment conundrum.  For any business, cash is […]

Changes to Construction Industry Payment Regulation – April 1st 2022 I UK

Changes to Construction Industry Payment Regulation - April 1st 2022

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 marks a day of positive change for the construction sector. Late payments have consistently been a problem for the industry and now, further steps are being taken to encourage prompter […]

SURVEY REPORT – The State of Digital Payment in Construction I UK

SURVEY REPORT - The State of Digital Payment in Construction

The pandemic changed working practices for millions of us across the UK, and whilst some – namely those in the construction sector – still had to turn up on-site every day, most of us were forced to adjust to new ways of working. Whilst opinions on working locations may be divisive, one thing is indisputable: […]

BEHIND THE SCENES – Lincoln Easton, Payapps Founder I UK

BEHIND THE SCENES - Lincoln Easton, Payapps Founder

Lincoln Easton, a Melbourne-born chartered accountant with 30 years of multi-disciplinary experience in corporate advisory, investment banking, construction and software publishing, founded Payapps in 2014. ‍Intent on driving supply-chain risk out of the construction industry via technology, we caught up with him to learn more about his journey. ‍ ‍

How Payapps is Impacting the Fit-Out and Interiors Sector I UK

How Payapps is Impacting the Fit-Out and Interiors Sector

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, as many organisations look to emerge from the shadow of a challenging few years, could technology hold the key?  Several companies, for example BW: Workplace Experts, Stortford Interiors and Corley & Woolley, are investing in […]

Payapps – Solving the Payment Puzzle for Mechanical & Electrical Contractors I UK

Payapps - Solving the Payment Puzzle for Mechanical & Electrical Contractors

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 case of Mechanical & Electrical (M&E) services specialist Star Services (Southern) in 2019. So, what is the missing piece of the payment puzzle for organisations in the M&E space? In this […]

WATCH – Webinar recording with FIS – Managing Construction Variations I UK

WATCH - Webinar recording with FIS - Managing Construction Variations

Click here to watch the replay of the Managing Variations in the Fit-Out Sector webinar. Variations can commonly cause delays and disputes, quickly transforming a relatively straightforward project into one of unmanageable complexity. ‍Delays, and ways to avoid them, are a topic of conversation that will forever be synonymous with those in the construction industry.  […]

DOWNLOAD REPORT – Managing Construction Variations I UK

Payapps UK - Managing Construction Variations

Managing Construction Variations Report This report details the poll survey results and discussion held during a webinar hosted by Payapps in partnership with FIS. Read the expert views of Iain McIlwee (CEO, FIS), Bill Bordill (Expert QS, Decipher) and Kevin P’ng (Commercial Director, BW Interiors) as they discuss these fundamental questions: How are variations affecting the industry and are variations one […]

DOWNLOAD – The Ultimate Guide to Construction Applications for Payment

Applications for payment in the construction industry can be tricky for both contractors and subcontractors. The process has typically relied on tracking complex details through lengthy manual processes, meaning it can be challenging to follow the stage of an application. Additionally, managing contract compliance can present another set of challenges for payers and payees. The […]

DOWNLOAD – 7 Top Tips For De-Risking Your Construction Supply Chain I UK

How to Minimise Risks in Your Construction Supply Chain: 7 Top Tips As a construction contractor, you know that every project carries a level of risk, and if this risk is not effectively handled it can end up costing you more than money. To safeguard your business and your supply chain, check out our top […]

Construction Industry Disputes and Adjudication I UK

Construction Industry Disputes and Adjudication

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 describing a typical family holiday abroad, this article focuses on conflicts on construction projects. Disputes in the sector are far from an inevitable occurrence. But, they aren’t exactly a rarity […]

What is VAT Reverse Charge? I UK

What is VAT Reverse Charge?

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 VAT is managed. Any VAT-registered business in the Construction industry should now be operating under the new rules, which is in effect an extension of the Construction Industry Scheme (CIS). […]

A Risky Business – Minimising Construction Project Delays I UK

A Risky Business - Minimising Construction Project Delays

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 construction delays reveals that almost a third of contractors anticipate their projects are subject to overrunning. Delays can hit anyone within the construction industry, ranging from primary contractors to consultants, […]

A Guide to the Construction Industry Scheme (CIS) and Relevant Contracts Tax (RCT) I UK

A Guide to the Construction Industry Scheme (CIS) and Relevant Contracts Tax (RCT)

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 revamp in 2007 brought it in line with modern practices.   ‍Aimed at preventing tax evasion in the industry, the CIS outlines rules for how payments to subcontractors for construction […]

Construction Act Compliance – What the Latest Ruling Means for Contractors I UK

Construction Act Compliance - What the Latest Ruling Means for Contractors

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 that the amount stated is genuinely correct. ‍ The background Downs Road Development LLP (“the Employer”) employed Laxmanbhai Construction (UK) Ltd (“the Contractor”) to demolish existing buildings and erect new […]

Maximising Margins in Construction I UK

Maximising Margins in Construction

When you break it down into the simplest of terms, construction firms have two main goals – to build and to make a profit while doing so. The first is the easy part, but the second seems to be a struggle across the industry. From a boom period experienced in the early 2010’s, profit margins […]

BEHIND THE SCENES – Angus McAlpine, Head of Partnerships I UK

BEHIND THE SCENES - Angus McAlpine, Head of Partnerships

In the first of our new series of ‘Payapps – Behind the Scenes’, we sit down with Angus McAlpine, our Head of Partnerships here at Payapps. Angus is our resident QS, after studying Quantity Surveying at London South Bank University, he honed his craft at Gleeds, before moving to Payapps to help build the business […]

In Brief – How to Minimise Project Delays I UK

In Brief - How to Minimise Project Delays

In most cases, construction projects rely on several parties combining to work towards a common goal. But, one unfortunate fact of these projects – that may not come as a shock to anyone – is that sometimes, delays occur. Research shared by Architects’ Journal and Construction News shows that, on average, only 40% of projects are completed […]

In Brief – The State of Disputes in Construction I UK

In Brief - The State of Disputes in Construction

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 of National Statistics showed that in February 2021 alone, construction output increased by 1.6% – the highest monthly growth since September 2020. By comparison, the UK economy increased by 0.4% in […]

De-Risking Construction I UK

De-Risking Construction

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”. In a recent webinar on ‘De-Risking Construction’ (watch below) we brought together a panel of experts and industry leaders to discuss how organisations deal with and mitigate risks in the construction process, […]

The Big Six – Managing Risk in Construction Projects I UK

The Big Six - Managing Risk in Construction Projects

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 project, those in charge should always have a robust risk management strategy in place. These risks can generally be divided broadly into six main categories, which we will cover in […]

WATCH – Webinar Recording with the NFB – Modernising Construction Payment Processes I UK

WATCH - Webinar Recording with the NFB - Modernising Construction Payment Processes

Complete the form below to watch the UK National Federation of Builders (NFB) webinar recording that reviews construction payment processes and how they can be modernised. Payment processes in the construction industry are nearly always a contentious subject. Inefficient and old-fashioned, for many companies making payments can be just as much of an issue as […]

Connecting the Construction Workplace of the Future I UK

Connecting the Construction Workplace of the Future

Download the report here – ‘Connecting the Construction Workplace of the Future’.The Construction industry is a key player in any country’s economy and one of the most labour-intensive industries globally.  The industry however is notorious for being much slower than other industries to embrace change and digitalisation. While it is certainly up to individual companies […]

In Brief – How to Manage Construction Retention I UK

In Brief - How to Manage Construction Retention

What is retention in construction? Retention in the Construction sector is a sum of money withheld from a payment to a contractor / subcontractor until the contracted project is completed to a satisfactory standard within an agreed time period. This practice will normally start with the main Tier 1 contractor, but will then often cascade […]

DOWNLOAD – The Contractor’s Guide to Retention in Construction I UK

‍ Complete the form below to download The Contractor’s Guide to Retention  Managing retention in construction and how to get it back Research carried out in the UK led to an estimation that the total sum retained over the course of a given year is substantial; £3.2 billion – £5.9 billion (Department for Business, Energy […]

The Future of Retention in the UK Construction Industry I UK

The Future of Retentions in the UK Construction Industry

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 it creates a whole new set of problems? This has certainly been the case for Cash Retentions (often referred to as just ‘Retentions’) in the construction industry. Originally introduced to […]

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

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 purpose? The benefits of advance payments in construction Essentially, an advance payment is any money paid to a contractor or subcontractor to provide a service before the work or service […]

The Business Case for a Digital Approach to Applications For Payment I UK

The Business Case for a Digital Approach to Applications For Payment

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 architects to contractors, suppliers to subcontractors, there is never a sole company able to complete all aspects of a build. All these different individuals and companies working together bring a […]

WATCH – Webinar Recording – ‘Connecting the Construction Workplace of the Future’ I UK

WATCH - Webinar Recording - 'Connecting the Construction Workplace of the Future'

In this webinar, Frost & Sullivan provide an analysis of the state of the construction industry for 2021 and beyond, paying particular attention to the digital transformation of supply chain payment management. The construction industry has struggled to modernise and is challenged by rising costs, a heavy dependence on outdated technology and traditional business models, labour […]

DOWNLOAD – Industry Report – ‘Connecting the Construction Workplace of the Future’ I UK

Digital Transformation and Payment Management in Construction What does the future hold for supply chain payments in construction? The construction industry is central to our economy but has struggled to modernise, particularly when it comes to managing supply chain payments. A recent survey conducted by research and consulting firm Frost & Sullivan, in conjunction with Payapps, […]

A Review into 2021’s Construction Payment Practices I UK

A Review into 2021's Construction Payment Practices

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 disputes or reduced payments, due to often spurious claims, exceedingly common, it is a thorny issue for many within the sector. Historically, large companies have been particularly guilty of being […]

Mental Health in Construction – the Time has Come to Invest in our Greatest Asset  I UK

Mental Health in Construction – the Time has Come to Invest in our Greatest Asset

“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 as if they truly believed this statement.  However, skills shortages caused by Brexit and Covid travel restrictions have limited the availability of workers from EU. Together with ever-decreasing numbers of young […]