With a culture of knowledge-sharing, adopting best practices, and embracing new ideas, Bouygues UK recognised the benefits of streamlining applications for payment. In this article, we explain how the company has adopted Payapps to improve efficiency, visibility, and risk management across the supply chain
Operating in the UK for more than 20 years and part of a global diversified services group, Bouygues UK designs and builds sustainable developments that enhance and transform communities and is one of the largest contractors in the UK.
Payment-related challenges are not uncommon in the construction industry – the majority of which are rooted in a lack of transparency.
Payment processes before adopting Payapps’ online payment management solution
Across the construction sector, applications for payment are traditionally managed by relying on emails and spreadsheets to ensure compliance with Construction Act / Construction Contracts Act timescales.
Payapps spoke to deputy commercial directors at Bouygues UK, to understand how the team has transformed their subcontractor payment processes.
How Payapps is benefiting Bouygues UK
Fabrice Davis, Deputy Commercial Director at Bouygues UK, explained how Payapps is being used in the Hallsville Quarter Phase 3 works, part of Canning Town’s £3.7bn regeneration program.
He stated: “Payapps has made our lives considerably easier. Making sure people get paid on time is always a concern, but the system keeps track of all the applications from the subcontractors.
“We haven’t got to worry about anything as the system lets us know that applications have been received.”
How can you get started with Payapps?
Forward-thinking businesses use Payapps to manage over £5bn of approved applications for payment over the last year, shifting focus away from the related administrative efforts and freeing up time to focus on more strategic tasks.
Learn more on how Payapps is benefitting Bouygues UK by accessing the full content collection here.
