Only 31% of UK construction projects finish on budget. Nine out of ten experience some form of cost overrun. And 25% of construction companies face insolvency risk because of poor financial visibility. Those numbers do not exist because contractors are bad at their jobs. They exist because most contractors find out a project is losing […]
Electrical contractors need software that does more than keep the lights on or organise jobs on a calendar. The right system should help power your business by keeping you connected to every project’s financial performance. From controlling job costs and managing purchase orders to tracking labour, wiring supplier invoices into the right jobs, and keeping […]
CIS stands for Construction Industry Scheme. It is a tax deduction scheme run by HMRC that applies to contractors and subcontractors across the UK construction industry. Contractors are legally required to deduct a percentage from what they pay subcontractors and send that money straight to HMRC as an advance on the subcontractor’s tax and National […]
Check out the best invoicing software for contractors. We compare features, pricing, and reviews of top tools.
Construction forecasting matters more today than ever before. Material prices shift quickly with the CSO Wholesale Price Index for Building and Construction Materials reporting an increase of 129 in April to 131 in May with costs set to rise. Labour costs have also increased from 32.62 to 33.39 according to the CSO. Margins on many […]
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Managing cash flow in construction starts with knowing exactly where your money is going. This article shows how real-time cost tracking, better processes, and clearer financial visibility help construction teams protect margins and plan with confidence.
