Guides

Comparison of Electronic Invoicing Technologies

Comparison of Electronic Invoicing Technologies Whitepaper   As experts in cloud-based business solutions for the construction sector, Open ECX provides electronic invoicing, which has proven to be a vital tool for many businesses in the industry. Accounts Payable automation is often seen by companies as the starting point for a wider e-trading or Purchase to …

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Duty to report on payment practices and performance in construction

Duty to report on payment practices and performance in construction Introducing the new payment performance reporting legislation From 6th April 2017, the Government is making it compulsory for large businesses to report on their payment practices, policies and performance in an effort to achieve the following objectives: Increase transparency and public scrutiny of large businesses’ …

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Modernise or Die: 5 Construction Tools to Make Your Back Office Fit for the 21st Century

Modernise or Die: 5 Construction Tools to Make Your Back Office Fit for the 21st Century Building on our blog, ‘A back-office take on the Construction Leadership Council’s ‘Modernise or Die’ recommendations’, we’ve created an eGuide featuring five modern construction software solutions that can help streamline your business processes from the back-office, saving you time, …

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Impact of new legislation: why construction contractors are increasingly turning to WebContractor

Impact of new legislation: why construction contractors are increasingly turning to WebContractor In light of The Construction Act and the new ‘Duty to Report on Payment Practices and Performance’ legislation applicable to larger businesses, Construction contractors are turning their eye to WebContractor from Open ECX. To understand why WebContractor is getting so much attention, it’s …

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Construction industry payments – challenges and innovations

UK Construction Act overview: take control of subcontractor payments Following the success of this year’s roundtable event co-hosted by Open ECX and Optal on 16th March at Mastercard’s Canary Wharf offices, we have published a White Paper titled ‘Construction Industry Payments – Challenges and Innovations’. The White Paper explores a number of payment-related issues and …

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UK Construction Act overview: take control of subcontractor payments

UK Construction Act overview: take control of subcontractor payments The UK Construction Act Begins to Bite The provisions set out in the new, tougher UK Construction Act place effective management of subcontractor payments at the top of contractor priorities. The payment provisions in the UK Construction Act have been designed to impose structure, clear timelines …

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