{"id":135777,"date":"2023-12-20T11:57:24","date_gmt":"2023-12-20T11:57:24","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=135777"},"modified":"2023-12-20T11:57:24","modified_gmt":"2023-12-20T11:57:24","slug":"resolving-payment-challenges-payapps-payment-management","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/resolving-payment-challenges-payapps-payment-management\/135777\/","title":{"rendered":"From errors to efficiency: resolving payment challenges with Payapps payment management"},"content":{"rendered":"<h2>Uncover the issues arising from spreadsheet-based payment management in construction and find out how <a href=\"https:\/\/www.payapps.com\/uk\" target=\"_blank\" rel=\"noopener\">Payapps<\/a> streamlines the process, reducing time and enhancing accuracy<\/h2>\n<p>Construction businesses of all sizes use spreadsheets to submit and manage applications for payment. However, this can be time-consuming and is often prone to errors.<\/p>\n<p>Relying on spreadsheets for payment processing can result in issues like payment delays, regulatory compliance challenges, and increased friction between <a href=\"https:\/\/www.payapps.com\/uk\/main-contractors\" target=\"_blank\" rel=\"noopener\">contractors<\/a> and <a href=\"https:\/\/www.payapps.com\/uk\/subcontractors\" target=\"_blank\" rel=\"noopener\">subcontractors.<\/a><\/p>\n<p>These problems stem from the limitations and potential errors inherent in spreadsheet-based systems.<\/p>\n<p>Payapps is a cloud-based construction collaboration tool which makes submitting and approving <a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/construction-technology-news\/stepnell-processing-and-managing-applications-for-payment\/116533\/\" target=\"_blank\" rel=\"noopener\">applications for payment<\/a> easier and faster.<\/p>\n<p>Using the software, contractors and subcontractors can work together to make applications for payment simple and seamless.<\/p>\n<h3>What are the common issues found from using spreadsheets?<\/h3>\n<ul>\n<li>Payment calculation errors and inaccuracies<\/li>\n<li>Missing files, lack of version control, and accessibility issues<\/li>\n<li>Incomplete audit trail<\/li>\n<li>Numerous applications for payment formats<\/li>\n<li>Difficult to summarise and report payment status and trends<\/li>\n<li>Time-consuming administration<\/li>\n<li>Lack of security<\/li>\n<\/ul>\n<h3>How Payapps can help resolve spreadsheet issues<\/h3>\n<ul>\n<li>Standardised and automated calculations reduce time, risk, and ensure accuracy<\/li>\n<li>Real-time visibility allows applications for payment to be viewed in Payapps rather than sitting in an inbox<\/li>\n<li>Payapps provides a detailed action history of individual applications for payment with timestamps<\/li>\n<li>Payapps provides clearer governance of how variations are categorised, i.e., instructed or non-instructed<\/li>\n<li>Track variations from subcontractors across projects<\/li>\n<li>Automated calculations reduce time, risk, and ensure accuracy<\/li>\n<li>Payapps software has achieved ISO 27001 certification, making it a safe and secure environment.<\/li>\n<\/ul>\n<h3>Compare Payapps with spreadsheets<\/h3>\n<p>Want to find out more about the benefits of Payapps vs spreadsheets? <a href=\"https:\/\/hubs.ly\/Q02dnGL00\" target=\"_blank\" rel=\"noopener\">Download Payapps\u2019 quick reference comparison eGuide<\/a> -\u202f&#8217;Spreadsheets are great. Until they\u2019re not.&#8217;.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Uncover the issues arising from spreadsheet-based payment management in construction and find out how Payapps streamlines the process, reducing time and enhancing accuracy.<\/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":[141293],"tags":[464,172727],"stakeholder_rel_tag":[172497],"contributor_rel_tag":[],"class_list":{"0":"post-135777","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-digital-construction-news","7":"tag-contributor-profile","8":"tag-featured","9":"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>Resolving payment challenges with Payapps payment management<\/title>\n<meta name=\"description\" content=\"Uncover the issues arising from spreadsheet-based payment management in construction and find out how Payapps streamlines the process\" \/>\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\/resolving-payment-challenges-payapps-payment-management\/135777\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From errors to efficiency: resolving payment challenges with Payapps payment management\" \/>\n<meta property=\"og:description\" content=\"Uncover the issues arising from spreadsheet-based payment management in construction and find out how Payapps streamlines the process, reducing time and enhancing accuracy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/resolving-payment-challenges-payapps-payment-management\/135777\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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