{"id":116709,"date":"2022-10-13T12:43:31","date_gmt":"2022-10-13T11:43:31","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=116709"},"modified":"2022-10-13T12:43:31","modified_gmt":"2022-10-13T11:43:31","slug":"bw-certifying-applications-for-payment-with-payapps","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/bw-certifying-applications-for-payment-with-payapps\/116709\/","title":{"rendered":"BW: Certifying applications for payment with Payapps"},"content":{"rendered":"<h2>Boasting a diverse range of projects, BW continually strives for innovation and collaboration within the interior fit-out industry. This article explores how BW introduced Payapps to their business to create an online platform for receiving, managing, and certifying applications for payment<\/h2>\n<p>BW cover a wide range of projects for the likes of Microsoft, Brookfield, and Universal Music Group and has a turnover that has grown in the past four years to \u00a3200m in 2019.<\/p>\n<p>It is BW Interiors&#8217; ambition not to be the biggest but to be the best in the sector. Therefore, excellent communication between commercial and finance functions is vital to ensure profitability within each project and the overall business.<\/p>\n<h3>How can Payapps streamline applications for payment?<\/h3>\n<p>BW introduced Payapps into the business; an innovative online platform for receiving, managing and <a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/construction-technology-news\/payapps-how-applications-for-payment-processing-have-improved-visibility-and-risk-management-for-bouygues-uk\/115726\/\" target=\"_blank\" rel=\"noopener noreferrer\">certifying applications for payment<\/a>.<\/p>\n<p>In this case study, Payapps interviewed financial controller Theo Riakiotakis and commercial director Kevin P\u2019ng to explore the impact that Payapps has had on bridging the gap between commercial and finance processes for BW. This includes:<\/p>\n<ul>\n<li>Enhancing visibility and accessing data<\/li>\n<li>Modernising the industry for one version of the truth<\/li>\n<li>Supporting the new employees in the introduction to Payapps<\/li>\n<li>Payapps vs spreadsheets \u2013 how does it compare?<\/li>\n<li>Using Payapps remotely during the Covid-19 pandemic<\/li>\n<li>An ever-improving, easy to use platform<\/li>\n<li>The importance of Construction Act compliance<\/li>\n<li>Using technology to adapt and improve working practices<\/li>\n<\/ul>\n<h3>Innovative applications for payment that save time and money<\/h3>\n<p>Kevin P\u2019ng commented: \u201cSometimes you don\u2019t realise something is problematic until you find a solution for it. Looking back, I can\u2019t believe we tried to manage applications for payment using spreadsheets and paperwork \u2013 in terms of administrative efficiencies, we\u2019re saving around \u00a3100k a year now.<\/p>\n<p>\u201cThe methods of working need to be less ingrained in this industry. With the introduction of solutions like Payapps, the pace of change and innovation can rapidly snowball.\u201d<\/p>\n<h3>How can Payapps support new employees?<\/h3>\n<p>Kevin added: \u201cThe training and support provided by <a href=\"https:\/\/www.pbctoday.co.uk\/news\/stakeholders\/payapps-streamline-payment-and-processes\/103093\/\" target=\"_blank\" rel=\"noopener noreferrer\">Payapps<\/a> is second to none, making it quicker and easier in fact for someone joining the business to learn Payapps than to understand how to do the same thing using paper or Excel forms.<\/p>\n<p>\u201cWe no longer have to talk through internal processes, which are different for every business.\u201d<\/p>\n<p><strong><a href=\"https:\/\/hubs.li\/Q01lRLft0\" target=\"_blank\" rel=\"noopener noreferrer\">Read the full BW case study<\/a> to understand the impact that Payapps had on bridging the gap between commercial and finance processes.<\/strong><\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Boasting a diverse range of projects, BW continually strives for innovation and collaboration within the interior fit-out industry. This article explores how BW introduced Payapps to their business to create an online platform for receiving, managing, and certifying applications for payment.<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38487],"tags":[860,856,464,94656,172727,665,105562],"stakeholder_rel_tag":[172497],"contributor_rel_tag":[],"class_list":{"0":"post-116709","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-construction-technology-news","7":"tag-construction-app","8":"tag-construction-technology","9":"tag-contributor-profile","10":"tag-digital","11":"tag-featured","12":"tag-project-management","13":"tag-sh-payapps","14":"stakeholder_rel_tag-payapps"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BW: Certifying applications for payment with Payapps<\/title>\n<meta name=\"description\" content=\"This article explores how BW introduced Payapps to their business to create an online platform for certifying applications for payment\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/bw-certifying-applications-for-payment-with-payapps\/116709\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BW: Certifying applications for payment with Payapps\" \/>\n<meta property=\"og:description\" content=\"Boasting a diverse range of projects, BW continually strives for innovation and collaboration within the interior fit-out industry. This article explores how BW introduced Payapps to their business to create an online platform for receiving, managing, and certifying applications for payment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/bw-certifying-applications-for-payment-with-payapps\/116709\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; Construction Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PBCToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-13T11:43:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/10\/BW_Interiors_Payapps_Case_Study_UK_Page_1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1141\" \/>\n\t<meta property=\"og:image:height\" content=\"1614\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lydia Bamford\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BW: Certifying applications for payment with Payapps\" \/>\n<meta name=\"twitter:description\" content=\"Boasting a diverse range of projects, BW continually strives for innovation and collaboration within the interior fit-out industry. 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