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Contractors Tips

TECH ADOPTION IS NO LONGER A NICE TO HAVE, IT’S A NECESSITY

06/07/2020 by scotta

builders shaking hands with hardhat on tableAn 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*. However the industry has been plagued by rising costs, stagnant productivity, high waste and low margins for decades. This is still a familiar site on too many job sites. The [...]

Filed Under: Blog, Construction, Construction Tech, Contractors Tips, Technology Tagged With: builders, Subcontractors, tech adoption

PAYAPPS AND SUBCONTRACTORS

02/07/2020 by scotta

builder in hardhat at construction siteWhat is Payapps? Payapps is an online platform that provides easy-to-use, real-time status of progress claims. Developed specifically for the construction industry, it allows everyone to collaborate on a single platform, eliminating the need for endless spreadsheet reconciliations, email trails and phone calls. This video provides a quick overview: Better information results in faster payment [...]

Filed Under: Blog, Contractors Tips, Subcontractors Tagged With: Subcontractors

Calculate retention in Payapps

05/03/2020 by scotta

title screen for retention for subcontractors videoIn this video learn how easy it is to calculate retention using Payapps. Payapps is designed to improve collaboration between subcontractors and builders, especially when it comes to payment applications. We also make it super-easy to store all your contract and compliance information in one place and integrate with your favourite accounting packages like QuickBooks [...]

Filed Under: Blog, Contractors Tips, Retention Tagged With: Payapps, retention, retention release, Subcontractor payment

Retention And How It Works

17/07/2018 by Zuuse

So what is retention? Retention is security held by a procuring contractor to guarantee the performance of a supplying contractor and in particular to safeguard against defects in the event that the supplying contractor fails to satisfactorily rectify them. The security is usually in the form of cash withheld (retained) but is often substituted for a bank guarantee [...]

Filed Under: Blog, Construction, Construction, Construction Tech, Construction Tech, Contractors Tips, Contractors Tips, Retention Tagged With: Construction, defects liability period, practical completion, retention

Make Payment Disputes a Thing of the Past

26/07/2017 by Zuuse

Payment disputes are bad news for large construction companies; they jeopardise relationships with suppliers, consume administrative resources, undermine staff morale and often cause project delays. So why do disputes remain so common in the Australian construction industry? Research suggests the value of such disputes routinely runs into tens of millions of dollars and that they can take [...]

Filed Under: Blog, Construction, Construction news, Construction Tech, Contractors Tips, Disputes, Technology Tagged With: Construction, construction industry news, construction software, construction tech, disputes, progress claim disputes

Make payment claims easier for your subbies – and for yourself!

28/06/2017 by Zuuse

… Get your subcontractors submitting claims in a pre-agreed format that you love and that they find incredibly easy to prepare 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. [...]

Filed Under: Blog, Construction, Construction Tech, Contractors Tips, Technology, Uncategorized Tagged With: Construction, construction software, construction tech, software, tech

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