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E-Invoicing

Construction Industry Payment Reforms

Construction Industry Payment Reforms

In an era where the construction industry faces unprecedented scrutiny over its financial and ethical practices, the spotlight has turned sharply towards the endemic issue of late payments - a...

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E-Invoicing

Addressing the issue of late invoice payment

Addressing the issue of late invoice payment

Build UK has published its latest round of invoice payment performance data, which shows that despite improvements in some areas, prompt payment remains an issue for many market-leading businesses in...

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E-Invoicing

Greatly improve accounts payable performance with Causeway Tradex

Greatly improve accounts payable performance with Causeway Tradex

The construction industry is capable of incredible things, but companies in the sector often find themselves constrained by laborious administrative tasks.

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E-Invoicing

Third of top payers in UK construction use Causeway Tradex to imp...

Third of top payers in UK construction use Causeway Tradex to imp...

Paying suppliers within agreed terms is increasingly important, with prompt payment now a requisite for bidding on many public sector contracts. However, the proportion of ‘late’ payment invoices...

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Tradex

Prompt and proper payments with Tradex

Prompt and proper payments with Tradex

Since the start of 2021, businesses within the construction sector have been dealing with reforms to the Prompt Payment Code.

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Tradex

Here’s what you need to know about the Prompt Payment Code

Here’s what you need to know about the Prompt Payment Code

Over the last few years, the UK government has introduced several reforms to the Prompt Payment Code - an initiative designed to speed up cash flow in UK industry. And this means that the question of...

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Tradex

Building the business case for Prompt Payment: 8 reasons to suppo...

Building the business case for Prompt Payment: 8 reasons to suppo...

In the past decade, we have seen a major improvement in payment terms throughout the construction supply chain.

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