Payapps stories
Construction firms could cut billing delays and errors as a new alliance links Autodesk Construction Cloud with Payapps across Australia and New Zealand.
Rising material costs and supply chain disruption are forcing builders to rethink budgeting, with digital tools increasingly filling the gap.
Payment disputes and tougher retention rules are pushing construction firms towards digital tools to avoid fines and delays.
Poorer collaboration is slowing projects, but digitisation, prefab and greener materials are reshaping New Zealand and Australia’s building sector.
Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.
The alliance enables Autodesk and Payapps customers real-time accounting and faster payment cycles during the construction process.
Payapps has found increased adoption of digital technology is unlocking industry payment blocks, despite COVID-19 continuing to disrupt the supply chain.
Supply chain revamps could propel the ANZ construction sector, reveals Frost and Sullivan; firms eye digital tools to tackle inefficiencies post-COVID.
