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Late payments have consistently been a problem for the industry. We explain the latest steps being taken to encourage prompter payments. What are the changes, how could they impact you, and what happens if you don't meet them?

In the second of our series of 'Payapps - Behind the Scenes', we sit down with Lincoln Easton, Founder of Payapps.

Payapps recently joined forces with Construction News to conduct a survey of attitudes towards payment modernisation. It found plenty of optimism, despite resignation among some respondents about poor practices.

After a challenging few years for the fit-out industry, could technology hold the key for adapting to the new working world? In this blog, we explore how Payapps is already having an impact in the fit-out space.

With 25% of the top 30 M&E contractors now using Payapps, we look at exactly why it's this sector's software of choice for managing supply chain applications for payment, valuations and document compliance.

Variations can commonly cause delays and disputes. In partnership with FIS, we held a webinar to discuss how variations affect the industry and ask if they are one of the most pressing risks we face.

Applications for payment in the construction industry can be tricky for both contractors and subcontractors. This blog post and the accompanying downloadable eGuide explores everything you need to know.

We explore the main causes of disputes in construction and ways you can avoid conflict.

From 1st March 2021, construction businesses in the UK have been included in the VAT Reverse Charge scheme. But what exactly is it, why has it been introduced, when does it apply and what actions should businesses take?

Construction projects are a risky business, with delays tending to be an inevitable fact of life. Discover the common causes and how you can reduce the risk of your project becoming behind schedule.

This guide to CIS and RCT answers some key questions surrounding the schemes, with links to further sources of information.

A landmark case in the Technology and Construction Court looks to be the first to consider whether those issuing Payment Notices have a sincere belief that the amount stated is genuinely correct. We look at what this landmark court case means for contractors and why process is everything.

It's imperative that construction firms make a profit but for many across the industry, it often seems to be a struggle. For companies anxious to improve their situation and avoid financial problems, we explore 5 possible routes to do just that.

In the first of our new series of 'Payapps - Behind the Scenes', we sit down with Angus McAlpine, our Head of Partnerships, UK here at Payapps.

Delays occur in the construction industry - fact. But what's the state of the problem, what are the typical causes of delays and how can they be minimised?

We briefly explore the current state of disputes and the most common causes, along with what construction businesses can do to minimise the chances of a dispute taking place.

How should organisations deal with and mitigate risks in the construction process, specifically where risk and technology intersect? We explore the role that digital transformation can play, for improved information and more educated decision-making.

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 between them?

Risk in construction can be divided into 6 main categories - read what these are, along with some top tips for mitigating risk.

Inefficient and old-fashioned, for many companies making payments can be just as much of an issue as ensuring they receive them. In partnership with The National Federation of Builders (NFB), we held a webinar to discuss the industry’s payment processes.

In terms of modernisation and embracing technology, the Covid-19 pandemic has accelerated some much-needed changes to the industry with those companies able to adapt quickly already finding themselves with an edge over their peers. But is the back-office lagging behind?

Look no further if you want a brief overview of retention in construction - the current process and some handy tips.

DOWNLOAD NOW - This eGuide provides everything you need to know about managing retention and how to get it back, including valuable advice from construction payment expert Rob Driscoll, Chair of the Cabinet Office SME Payment Group.

The UK has a long-standing battle with construction retention, and Build UK have committed to get to zero retention by 2025. This blog covers what retentions are,their history, the challenges and the potential solutions.

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?

With the construction industry already facing unprecedented challenges with acute skills shortages, collaboration has never been more important. So how can the pressure be eased? There is a pretty simple solution in the ‘cloud’.

Explore what can be done to make payment processing more timely and efficient.

Following construction industry research, 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.

DOWNLOAD NOW - This 'not to be missed' report details Frost & Sullivan's analysis of digital transformation and payment management in the construction industry. Discover the state of the construction industry for 2021 and beyond.

Payment practices within the construction industry have long been a contentious issue. What impact have recent measures to stamp out late payment actually had and what part has the Covid pandemic played? Digitisation of payment processes is key for real improvement.

Employee wellbeing is a hot topic - we look at the current state of mental health in the construction industry and some positive examples where firms are addressing the issue to protect their 'greatest asset'.

The Construction industry is not known for its innovation and when thinking about improving efficiency, thoughts stray to work on-site and what improvements can be made ‘at the coal face’. However a lot of headway can also be made behind the scenes.

In 2016, Mark Farmer, CEO of Cast Consultancy was tasked with reviewing the status quo in the construction industry. Half a decade later, how much has the industry taken this on board and taken steps to modernise before it is too late? 

Possibly the largest potential risk to the industry centres around ‘people’ - the shortage of skilled labour, attracting the younger generation, and employee wellbeing. We explore these risks and what can be done to reduce them.

Our take on the new 'Vision for the built environment', published recently and describing the future we want - making better decisions now to meet the needs of our future society, environment and economy.

This industry report is a 'must read' for anyone in construction wanting to understand the role of the Government's Construction Playbook in relation to payment expectations and practices.

The Playbook sets some very clear expectations for contractors when it comes to payment practices. But what's the reality for contractors? This webinar reveals what the guidance really means for both public and private sector construction contractors and how you can best equip your business to efficiently manage supply chain payments.

Late payment, delayed payment, and payment practices, in general, have long been a barrier to growth for the UK Construction industry. Efforts to solve this endemic issue stretch back over 25 years, yet the industry is still struggling to solve this critical challenge.

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 periods in an attempt to bolster their own cash flow position. As we covered in the last (blog), cash is king.

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 change and PBAs (Project Bank Accounts) are leading the charge.

With the complex nature of construction, coupled with the manual administration process associated with payment, late payment certainly won’t be an easy nut to crack.

Payment has long been one of the most contentious issues in the Construction Industry and is an area often fraught with disputes.

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 key project deadlines are met.

Are late payments in construction really inevitable, or is there a solution out there that helps everyone win?

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.

The construction industry’s secret weapon is going to be collaboration – especially when it comes to payment solutions.

Many construction businesses – SMEs in particular – may be suffering the effects of poor payment processes. Are you one of them? Here are 5 signs your business is at risk because of payment processes.

Late payments in construction projects put the entire supply chain at risk. What is the solution to this chronic problem?

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 latest body to adopt their use, what do you need to know about this important development?

“Climbing the Curve”, KPMG’s global construction survey for 2015 uncovered a shocking fact. Shocking, that is, to those not already inured to it – only a quarter of projects were completed within or close to their originally agreed construction deadline.

Can the UK construction industry learn from new Australian legislation on application for payment processes?

Discover how major companies are deploying innovative techniques to enhance their construction procedures and boost the output of their supply chains.

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 construction labour supply. So what should you do? Be part of the 56% of companies that find recruitment and retention easier. How? We’ll let you in on our 7 little secrets.

Fewer than one in three construction projects come within 10% of budget. Consider these 7 reasons why yours might be overspending

Over-reliance on spreadsheets and paper could be slowing down your construction procedures and eating into your profit margins