5 Ways to Save Time and Money by Automating the Application, Approval and Payment Processes

5 WAYS TO SAVE TIME AND MONEY BY AUTOMATING THE APPLICATION, APPROVAL AND PAYMENT PROCESSESThe payment application and approval process is so ingrained that the construction industry can take its inefficiencies for granted. But there is a better way

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The end-of-month payment application and approval process causes significant pain and unnecessary cost across the construction supply chain. Read on for our 5 tips that will save time and money - not to mention administrative agony - by automating these troublesome processes.

1. Get on top of the process straight away with

an automated solution

Managing applications for payment can be a costly and complex business. Specialist software platforms are now

available and they’re intuitive to use. They deliver real-time, cloud-based easy to use capabilities, allowing applications to be

prepared, submitted, approved and certified in seconds. You’ll be able to complete complex tasks - that used to take days - within

hours, giving you time to spend on more productive tasks.


2. Improve supply chain relationships

The application for payment process often causes unnecessary - and unwelcome - friction

between the asset owner, contractor and its subcontractors. Using a modern and

consistent construction payment system can help you avoid disputes and adjudication.

With everyone on the same page, disputes and issues are much less likely to arise.


3. Avoid errors in formatting and data

Using spreadsheets to manage the application process creates islands of information that lacks visibility and promotes errors. A little bit of spreadsheet knowledge can be a dangerous thing in the wrong hands! A single enterprise-wide platform for application preparation, submission, approval and certification processing will

undoubtedly minimise errors. With all of your information in one place and in a consistent format, getting the process right first time is easy.


4. Information anywhere, any time

Paper-based processes fail to promote and support today’s mobile construction workforce at a fundamental level. For modern business decision-making, feedback and action are often required in real time from any location. A cloud-based solution designed to manage your

application process will deliver true mobility on any device, anywhere.


5. Avoid project delays

Disagreements over payment applications can often lead to projects being delayed or even put on hold. When you’re running multiple projects with fast-moving and costly parts, the last thing you want is unnecessary

delay due to payment issues. Using a consistent and transparent application processing platform across the supply chain can help you sidestep

time-draining disputes and delays.


Outdated payment procedures and processes needn’t be a thorn in the supply chain’s side. It’s time to step away from the spreadsheet and embrace a modern alternative.


TakeawaysSpecialist application for payment software platforms are intuitive to use, meaning that you’ll

be able to complete tasks that used to take days within a matter of hours.

Using centralised and automated application for payment processes can help avoid disagreements, because both you and your suppliers will be working on the same platform.

A dedicated application for payment software platform can help you avoid mistakes as everything is in a single, easy-to-use environment.

While manual processes are prone to errors and difficult to collaborate on, an automated for payment platform can be fully mobile, providing access on any device from any location.

Using a consistent and transparent application for payment solution can help prevent disputes.


Find out how using a specialist platform to process applications for payment can help you work more efficiently and effectively. Download:

The Construction Payment Blueprint - 5 Ways to Save Time and Money

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5 Ways to Save Time and Money by Automating the Application, Approval and Payment Processes