Blog - construction accounting software

Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.

Rising Costs: How Construction Job Costing Software Can Protect Your Margins

A quarterly survey by the Construction Products Association (CPA) reports general growth in the construction industry, but sends a warning over rising costs. Following a weather-related boost to activity in the second quarter, most of the construction industry experienced growth in Q3 of 2018, according to The CPA’s Construction Trade Survey. During this quarter, 27% […]

Read more

September Construction Contracts Hit £5.4bn: Get ahead with construction accounting software

Latest figures from The Builders’ Conference show that the total value of new construction contracts awarded in the UK in September reached the highest monthly total for more than a year. The construction trade association and market intelligence provider reported a total of £5.84bn in new contract awards in data derived from its unique league […]

Read more

An Annual £2.8bn Write-Off: How Construction Accounting Software Can Protect You from Bad Debts

An industry report has found that an astonishing £2.8bn in bad debts are written off each year by subcontractors due to non-payment – we look at how construction accounting software could help. The study, conducted by Bibby Financial Services and The Vinden Partnership, surveyed 250 UK contractors across a variety of trades to answer questions […]

Read more

Pay for Site Workers Set to Rise: Job Costing Software Will Help You Manage Budgets

Minimum pay rates for construction site workers will increase by 6% in a two-year deal. The Construction Industry Joint Council (CIJC) Working Rule Agreement comes into effect on 25th June. Negotiated by construction unions Unite and GMB, the new deal affects more than 400,000 construction workers and will see their basic pay rates rise by […]

Read more

Construction Costs Set to Rise: Why Construction Management Software is Vital

Construction costs in the capital are set to rise by 2.8% this year alongside cooling tendering activity, according to a new study by Turner & Townsend. The quantity surveying firm’s International Construction Market Survey 2018 states that, while global construction volume is increasing, there is an overall reduction in the UK. London continues to push […]

Read more

Construction industry sees positive growth with rise in contracts awarded

The latest Economic and Construction Market Review from construction intelligence service Barbour ABI indicates a promising increase in the number of contracts awarded in January 2018. The value of new contracts awarded in the first month of the year reached £5.4bn (based on a three-month rolling average), 11.6% higher than December 2017, again showing promising […]

Read more

Standing out from the crowd with modern construction management software: 150,000 jobs predicted

A report from the Construction Industry Training Board (CITB) predicts more than 150,000 UK construction jobs will be created in the next five years. Released in light of data indicating a stagnant building industry in January and the recent house building slump, the report forecasts 1.3% annual growth for construction output. The 158,000 jobs anticipated […]

Read more

Changes in growth for the SME construction market: Using technology to keep control

The Federation of Master Builders (FMB) has released its latest State of Trade Survey, with results indicating a poor end to the year for smaller construction firms in London. We’re seeing a number of contractors review how technology can help them to stay ahead, monitor margins closely and streamline manual processes. The survey, the only […]

Read more

Contact

Please fill in the form below and we will get back in touch as soon as possible.

Please note that some fields are mandatory.

For more information on how we use your personal data, please see our privacy policy