Picture this: Your company is struggling with time-consuming, repetitive, and error-prone manual processes in the procure-to-pay (P2P) cycle. This leads to schedule delays, frustrated employees, and unhappy vendors, all of which disrupt your procurement process. The...
Managing progress claims effectively is essential for smooth construction projects and financial clarity. When handled efficiently, progress claims facilitate timely payments, which help maintain cash flow and keep the project on schedule. In this article, we break...
A great procurement process flow can help your business maximise productivity and profitability. Among others, it leads to significant time and cost savings, better efficiency, and increased compliance. Therefore, businesses are constantly on the search for how to...
What is Construction Procurement Software? Let’s start by exploring what procurement software entails in the construction industry: Construction procurement software are solutions that help businesses automate their procurement-to-pay cycle. They help users...
Intersystems IRIS is a (backend) data platform that sets a new level for the development and deployment of applications. It is an efficient and user-oriented platform that provides the necessary tools spanning data management, interoperability, transaction processing,...
New “Work” Order A Work Order is an official document that the main contractor issues to the sub-contractor which contains the summary and the breakdown of all the individual items, agreed by both parties, to be completed. This is the main document of...
