
How to: futureproof your construction company
Anticipating market conditions over the next year, five years, or several decades is extremely challenging – particularly for an industry whose fate depends on the whims of ever-fickle governments.
Anticipating market conditions over the next year, five years, or several decades is extremely challenging – particularly for an industry whose fate depends on the whims of ever-fickle governments.
Here at Integrity Software, we set ourselves apart from the crowd with top quality customer service provided by individuals who know the sector inside out.
On average, productivity in the UK is 20% lower than in other industrialised countries such as the US, France and Germany.
Now that the dust from this year’s government budget announcement has settled, we can look behind the headlines and analyse the finer detail.
Every day, your business might create and access hundreds of documents in dozens of different formats. From paper-based documents to PDFs, we’re accustomed to managing many types of ‘paperwork’ on a daily basis – but inevitably, mix-ups occur.
The construction sector is notorious for late payments and cash flow pressures. Given the industry’s asymmetrical payment structures versus work completed, contractors often find difficulty in balancing cash flow requirements with paying creditors.
A stitch in time saves nine....
Return on investment (ROI) calculations are used by business and government to determine the potential value of investments.
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.