Imagine a construction project where every payment application, variation, and retention is tracked in real time. Payapps’ cloud-based construction software brings this vision to life, offering unparalleled project visibility
Payapps’ cloud-based construction software helps to bring contractors and subcontractors together to simplify and expedite applications for payment and certifications, including retention and variations.
In this article, Payapps explores the six ways the software can improve your construction business.
1. Saving your team time
Payapps’ cloud-based construction software can reduce application for payment certification time by up to 50%, and minimise wasted time on chasing or updating approval status.
2. Increasing project visibility
Real-time tracking of applications for payment, variations, and retention with optional integration to ERP or accounting software.
3. Improving compliance
Payapps’ cloud-based construction software can help your business meet the regulatory requirements of the UK Construction Act/Construction Contracts Act (Ireland) with built-in reminders, approval workflows, audit trails, and subcontractor document compliance.
4. Reducing financial risk
Enhance margin protection with robust management of retention and variations, eliminating costly disputes and project delays.
5. Improving collaboration and relationships
Standardised payment applications and real-time status visibility foster better understanding between contractors and subcontractors.
6. Reducing project risks
Timely reviews and approvals of applications for payment mitigate the risk of work disruptions and missed delivery deadlines.
What Payapps customers had to say about the payment software
“The system keeps track of all the applications directly received from the subcontractors, and knowing that they just have to submit them to one place definitely makes it easier for the subcontractors.” – Fabrice Davis, deputy commercial director, Bouygues UK.
“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.” – Kevin P’ng, commercial director, BW: Workplace Experts
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Request a consultation with Payapps
Take the first step towards making applications for payment easy. Contact Payapps today to request a complimentary consultation with Payapps, and make 2024 a year of remarkable efficiency and success.
The post Six reasons why you should use Payapps’ cloud-based construction software appeared first on Planning, Building & Construction Today.
