Ditching Spreadsheets, Embracing Specialised Construction Technology
Discover how the construction industry is evolving by ditching spreadsheets and embracing specialised technology for better collaboration.
Tag: Financial Management
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’
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
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
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
De-Risking Your Construction Supply Chain
A must-read for construction contractors and industry professionals keen on effectively managing project risks.
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
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
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
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
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
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
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
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
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
‘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
‘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
On-demand Webinar: Improve Cost Management and Cash Flow for Your Construction Projects
Research by KPMG found that just 31% of all construction projects came within 10% of their initial budgets. With rising costs and inflationary pressures, it
On-Demand Webinar: Building trust with subcontractors and regulators
Watch our recorded webinar with special speaker Laura Hattin, an expert in building industry trust accounts, as she discusses the legislative requirements for construction projects
Building Back Better
The construction industry has faced significant challenges in the past year due to the COVID-19 pandemic. Shutdowns and social distancing measures have caused delays and
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
Your Guide To Minimising Construction Project Delays
Let’s get the bad news out of the way first. Then the good news – and there is good news – can be placed in
Risk of Failing To Chase Payment
In the construction industry, contractors often leave themselves vulnerable when it comes to chasing contractor payments. Many clients wait an average 8 months before even
Responding to Requests Under the Security of Payments Act
TIME FRAMES AND THE SECURITY OF PAYMENTS ACT THE SECURITY OF PAYMENTS ACT WAS PUT IN PLACE PRIMARILY TO ENSURE QUICKER PAYMENT FOR BUILDERS, BUT
Making EoFY easy for construction businesses
If you feel like the lead-up to the end of financial year (EoFY) is always a mad rush, we’re here to help make the process
Simpler, faster and fairer: a level playing field for construction
The construction industry is becoming more complex, exacerbated by the increased size of projects, global forces, and market challenges. Complexity can lead to increased risks,
Improve Cost Management and Cash Flow for Your Construction Projects
Research by KPMG found that just 31% of all construction projects came within 10% of their initial budgets. With rising costs and inflationary pressures, it
Building Back Better
The construction industry has faced significant challenges in the past year due to the COVID-19 pandemic. Shutdowns and social distancing measures have caused delays and
Your Guide To Minimising Construction Project Delays
Let’s get the bad news out of the way first. Then the good news – and there is good news – can be placed in
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
Risk of Failing To Chase Payment
In the construction industry, contractors often leave themselves vulnerable when it comes to chasing contractor payments. Many clients wait an average 8 months before even
Responding to Requests Under the Security of Payments Act
TIME FRAMES AND THE SECURITY OF PAYMENTS ACT THE SECURITY OF PAYMENTS ACT WAS PUT IN PLACE PRIMARILY TO ENSURE QUICKER PAYMENT FOR BUILDERS, BUT
How Digital Adoption Drives Financial Resilience In Construction
Technology is helping construction companies improve cash flow and reduce late payments – offering greater financial resilience and enhanced business health in a challenging economy.
Making EoFY easy for construction businesses
If you feel like the lead-up to the end of financial year (EoFY) is always a mad rush, we’re here to help make the process
Simpler, faster and fairer: a level playing field for construction
The construction industry is becoming more complex, exacerbated by the increased size of projects, global forces, and market challenges. Complexity can lead to increased risks,
Simpler, Faster and Fairer: The importance of allocating risks fairly between parties on construction projects.
The construction industry is becoming more complex, exacerbated by the increased size of projects, global forces, and market challenges. Complexity can lead to increased risks,
De-Risking Your Construction Supply Chain
A must-read for construction contractors and industry professionals keen on effectively managing project risks.