Payapps has announced today (7 October) its official partnership with Eque2, a construction, contracting, and housebuilding software firm
Eque2 offers a range of cloud solutions to manage the end-to-end lifecycle of a construction project.
Payapps’ partnership with Eque2 will provide the firms contracting and subcontracting customers with an opportunity to extend the use of their existing construction accounting and commercial management solutions, by adding functionality to manage the submitting of applications for payment, and the assessment and approval of payment notices.
Maintaining healthy cashflow across the supply chain
Keeping track of the progress of applications for payment throughout the entire project, and across multiple projects, is critical for any construction business wanting to maintain a healthy cashflow and build strong relationships with its supply chain.
Payapps has almost 12,000 customers worldwide and provides a unique solution that removes the need for inefficient manual tools such as spreadsheets to value applications for payment, and emails to track communications.
Instead, these are replaced by an innovative, online process where contractors and subcontractors collaborate to standardise and streamline the management of applications, making it simpler, faster, fairer, and more transparent.
Payapps provides customers with support from the initial onboarding process through to ongoing support
Justin Moule, CEO at Eque2 commented: “We are delighted to partner with Payapps and provide our customers with technology which allows them to take control of such a crucial part of their business. We were very impressed by the level of support Payapps provides to customers from the initial onboarding process through to on-going support.”
Neal Hooks, Head of UK & Ireland at Payapps added: “The Eque2 philosophy of supporting all tiers of construction companies is aligned with ours. It is very exciting to be partnering with another well-established construction software provider with an outstanding pedigree. We are delighted with this partnership and look forward to a successful future.”
