JCT and NEC are two of the most widely used contract families in UK construction. Both define how teams manage construction work, but each takes a different approach to risk,
A construction cash flow forecast estimates the amount and timing of money expected to enter and leave a construction project over a specific period. It helps contractors understand their future
A job sheet gives construction and trade businesses a simple way to record what happened on a job. Teams can use it to capture completed work, labour hours, materials, site
Quick Summary Tradify is a job management platform for trades businesses. It combines scheduling, invoicing, timesheets, job costing and purchase orders, making it particularly useful for companies that want to
Construction companies generate cost information throughout every stage of a project. Budgets are created before work begins. Purchase orders create future commitments. Labour is recorded on site. Supplier invoices confirm
A progress claim is a formal request for payment based on the value of work completed during a construction project. Contractors and subcontractors use progress claims to receive payment as
An application for payment is a formal request submitted by a contractor or subcontractor for the value of work completed during a specific period. It is commonly used on construction
Construction budgets rarely fail in one dramatic moment. They slip through small gaps: a supplier invoice lands late, labour gets coded to the wrong job, a variation is approved on
Contractors and subcontractors both carry out important work on construction projects, but their roles, responsibilities and contractual relationships are entirely different. The main difference between a contractor and a subcontractor
Construction bookkeeping is the process of recording and organising a construction company’s financial transactions while keeping relevant income and costs connected to individual projects. It covers everyday financial records such