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It’s no secret that labour costs in the UK construction industry are rising quickly, thanks in no small part to the ever-worsening skills shortages that the sector faces. 

If you’re involved in a fledgling construction business, you’ll know that you need every tool at your disposal to compete with the established names.

‘Garbage in, garbage out’; a computing term that tells us that computers, when given poor quality data, can only output data or analysis of the same quality.

Here at Integrity Software, we offer potential clients a demonstration of our construction accounting software at very early stages of our discussions. 

As a business, you should be on the lookout for an accounting software solution that most closely matches your company’s unique needs, whilst avoiding the common bugbears that plague some systems

If you’re switching to specialist construction accounting software for the first time, you’ll be looking forward to using a powerful system that can deal with all the industry-specific processes you can throw at it. 

Many of our construction accounting software users work on relatively small scale local infrastructure projects that provide immediate benefits to the area, with a reasonably quick turnaround. 

The New Year is an exciting period for every company. Here at Integrity Software, it’s no different – we’re looking forward to rolling out plenty of new software modules and updates during 2016.

2015 was a busy year for the team at Integrity Software, with plenty of new faces in the offices, dozens of new clients to welcome and a handful of large client events to host.

As skills shortages put increasing pressure on your margins, all areas of your business should be examined to identify potential savings.

This year’s Autumn Statement and Spending Review were amongst the most anticipated of recent years with chancellor George Osborne tasked with revealing the extent and nature of his next round of cuts. 

How many documents relate to a single contract in your construction business? Once you’ve taken into account subcontractor admin, purchase orders, photos, plans and invoices, you may approach three figures. 

Christmas is on its way. Office workers everywhere look forward to their annual night out at the company’s expense and the subsequent time off over the festive period.

An efficient accounts team is essential for any business, not least SMEs which are prone to cash flow issues.

Every construction company uses software in some shape or form. Small startups might manage with a handful of basic homemade Excel spreadsheets before progressing to a paid-for solution.

Now that company accounts are almost exclusively managed in digital form, the accounting software you use is essentially the foundation of the day-to-day management of your business.

A Year in Review

Accounting and job costing software save businesses plenty of man hours as they simplify administrative tasks and automate tedious processes. 

Most construction SMEs use specialist accounting software to monitor their company’s finances and keep a close eye on looming cash flow issues, but sometimes... vigilance alone is unable to prevent problems arising. In an industry that’s notorious for late payment and has irregular payment timings and structures, it’s likely that you’ll experience the occasional bottleneck as you have to wait for payments to be made. 

Housing is one of the top political issues in the UK today. 

Skills shortages are driving rapid wage growth in the construction sector. While that’s great news for subcontractors, construction SMEs may struggle to maintain their margins and often have to compromise in other areas of the business to absorb these ever-rising costs.

The time may be right for a paradigm shift....

Industry bodies have expressed concern as a new four-year Scape framework is set to use a £125 million turnover threshold for potential suppliers. 

Integrity Software host a number of LIVE@ Events each year, where you have the opportunity to speak to our support team face to face.