Read the latest news and views on the hot topics affecting the construction industry, along with construction accounting software insights from our expert team.

New Social Blog Post (21)

What is Construction Cost Value Reconciliation? Aligning Expectations and Reality

Construction projects are complex and require careful planning, execution, and monitoring to ensure profitability. One critical aspect of managing a construction project is the cost value reconciliation process. “CVR” aims to compare and align the budgeted costs with the actual cost incurred during the project's lifecycle. With cost value reconciliation, project managers can identify any discrepancies, make informed decisions, and improve future project estimations.
Website   News Thumbnail Size (12)

Built Interiors Chooses Evolution Mx for Streamlined Operations

Integrity Software are thrilled to announce that Built Interiors, a well-established Dublin-based interior design and construction company, has selected Evolution Mx as their comprehensive accounting, project costing, and ERP system. This partnership represents a significant step forward for both organisations, and we look forward to working closely with the team at Built Interiors to servicing their critical business needs.
NEW Socials TC  (15)

Integrity Software, Construction Computing Awards Finalists!

The Construction Computing Awards or "The Hammers" are back for 2023. This is the 17th annual event and as always, the hosts are looking to showcase and reward the best technology, tools and solutions for the year. We are proud to announce that we have been nominated as 2023 finalists, because we think our construction accounting software is great - and others agree! Our Evolution Mx software has been recognised by a multitude of different industry awards, including the Construction Computing Award for Best Accounting Software for the last 6 consecutive years, along with a Building Innovation Award, too.
New Social Blog Post (16)

Preparing for Autumn: Key Considerations for Construction Accountants

As the summer months begin to wind down and the autumn season approaches, construction accountants need to look ahead. The transition between seasons can have a real impact on the profitability of construction projects. To ensure smooth financial operations and minimise potential risks, here are some key considerations that construction accountants need to keep in mind before autumn arrives.
New Social Blog Post (15)

End of the road for your accounting solution? Why “End-of-life” can bring new life and efficiency to your business

The smooth management of financial transactions, cost tracking, and project budgeting are critical for construction companies' success. However, as technological advancements continue to reshape industries, many construction companies are faced with the dilemma of dealing with end-of-life accounting software. In this blog article, we explore the reasons why construction companies should seriously consider switching their accounting software when their current solution is reaching the end of its life.
New Social Blog Post (11)

Embrace Going Digital; Why Construction Businesses Should Upgrade From Paper Timesheets

The construction industry has traditionally relied on paper timesheets to track employee hours and manage payroll. However, in an era of rapid technological advancement, there’s no reason for your administration process to be left behind. The construction sector is embracing digital transformation and an area where this shift can show benefits is by replacing paper timesheets with a digital alternative. In this article, we will explore five advantages that construction businesses can gain by making the switch to digital timesheets with our new Time Portal module.
New Social Blog Post (10)

Time to say goodbye? How to know when it’s time to upgrade your accounting software

Accounting software plays a vital role in the operation and financial management of your construction business. Despite the advancements in technology, many construction companies still face challenges and shortcomings when it comes to their accounting software. Here we will explore five common ways in which construction businesses' accounting software fails them and how these can impact the businesses overall financial health.
What makes a great construction accounting software

What Makes A Great Construction Accounting Software

Efficient and accurate financial management is crucial for the success of any construction project, especially in the current economic climate. With the complexity and unique requirements of the construction industry, having a robust accounting software specifically tailored to address the needs of construction companies is vital. A good construction accounting software can streamline financial processes, improve data accuracy, and provide valuable insights for better decision-making.
Mobile Forms: Benefits of digitising on-site paperwork

Mobile Forms: Why you need to stop relying on paper documents in 2023

It’s likely that if you work in the construction industry, you have had to wait for paper-based documents to be submitted, located, or replaced on more than one occasion. In 2023 you shouldn’t have to be held back by the limitations of hardcopy paperwork or the lack of speed and security that comes with this archaic way of working.  
3 Easy Ways to Maximise Productivity with Evolution Mx

3 Easy Ways to Maximise Productivity with Evolution Mx

It’s a simple fact that the businesses which regularly perform better are those that have a better understanding of their position. Being able to see a project in full helps inform decisions made throughout its lifecycle. However, errors in documentation or calculations can have a ripple effect that ultimately impacts your profits or means you lose favour with your supply chain.
5 reasons why you should automate your invoicing in 2023

5 Reasons Why You Should Automate Your Invoicing in 2023

Being able to properly process invoices is a vital part of running any business, and in the construction industry the number of monthly invoices that need processing can be very high. Having to manually process these invoices can be a time-consuming and costly solution, especially when having to individually match invoices to a contract.
Website   Blog Thumbnail (16)

A Guide To: Construction Timesheets

A construction timesheet is a method of recording and tracking the amount of time a worker spends on a job. This allows construction businesses to easily track how many hours its employees have worked for and ensures they are being paid the correct amount. 
Website   Blog Thumbnail (14)

Digitising your Subcontractor Management Process

Subcontractor management is an important process in the construction industry. Subcontractors are hired for the majority of construction projects as they can provide the skills you need to get the job done, without having to directly employ anyone.   Manually managing subcontractors can often be complex and time-consuming, especially when you’re working on multiple different projects at once. Something that can help you more effectively manage your subcontractors is digitising your processes.  The easiest way to digitise your subcontractor management process is by using a construction-specific management software. By using an integrated management system, you can improve most aspects of the subcontractor management process such as verification, regulations, payments, and invoicing. Evolution Mx from Integrity Software is a fully integrated, accounting and management software specifically designed for the construction industry. As subcontractor management is such an important process in the construction industry, Evolution Mx, has a number of features designed to improve your subcontractor management process. Subcontractor Verification The first step of the subcontractor management process is deciding which subcontractors to hire. You have to consider the specific skill set you need, as well as their experience and price. Once you have chosen the right subcontractor for the job, it is important to ensure they are fully licensed and insured. By using the subcontractor management module, included in Evolution Mx, you can easily verify subcontractors thanks to a direct link to HMRC. Once a subcontractor is verified, you can then manage any relevant documentation related to them, including insurance expiry dates and training documentation.   Authorisation of Payments Another important process when it comes to subcontractor management is payment. Digitising your payment process can ensure your subcontractors are paid accurately and on time.  Evolution Mx allows subcontractor payment applications to be placed into a workflow that requires authorisation before allowing payment. This means that payments can be approved by a nominated person, such as the Quantity Surveyor or Contract Manager. This workflow can improve the efficiency, accuracy and speed of your subcontractor payments. You can also send an advanced notification of payment to your subcontractors, ensuring positive communication with them as they are always kept in the loop. Full CIS Compliance When it comes to paying your subcontractors, it is important to consider legislative requirements such as CIS in the UK or the RCT scheme in Ireland. Using Evolution Mx can help you ensure you stay compliant with these schemes as it allows you to submit CIS returns directly to HMRC each month. This allows you to speed up the process of CIS returns and ensures your business is staying compliant. Evolution Mx can also provide payment certificates and statements to subcontractors so they can stay informed on the payments as well.