The construction process entails different stages, regardless of the type of project. Construction firms need to keep their whole supply chain in check, in which their cash flow is pivotal to a project’s success. Spending money for project-related expenses is no joke; many contractors don’t get paid until the job is complete. This is where […]
Guide to Progress Claims in the Building & Construction Industry
Today, the Building Industry Fairness (Security of Payment) Act 2017 (BIF Act) ensures those in the building and construction industry get paid in full. It also helps eliminate delays that can be costly and stops contractors and principals from holding up or reducing payments owed. Depending on the time, size, and complexity of a construction […]
IPEX Video: A Revolutionary Australian Payments Platform
IPEX is a revolutionary Australian payments platform for protecting the cashflow of construction projects. The platform is user-friendly, cost-effective and can be easily onboarded onto any project, using a self-service application. Subcontractors and suppliers receive funds into their accounts instantly with a notification automatically sent to them. IPEX helps you meet obligations for a simplified […]