Blog page 6

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. 

Large construction firms in Northern Ireland are struggling to remain afloat, a new study suggests. 

Evolution and Evolution M are highly customisable software packages built specifically for the construction industry - and they've just been given some new "oomph".

Only 1% of European companies have managed to entirely banish paper from their offices. 

Get the most out of the week with our summary of the best to come

If you're still asking yourself this question, its high-time you found the answer...

Earlier this year, the government ceased funding the Green Deal Finance Company, essentially bringing the Green Deal to an abrupt and unceremonious end. 

The construction industry is one of the most important sectors of the UK economy, but prestigious construction trade shows in the UK seem few and far between.

... and how to get over the growing pains

Find out with our quick checklist.