Vue d'ensemble

 

Green building, Construction Management Software, post-Covid growth… the construction industry is no stranger to modernisation. For many businesses, though, their internal processes aren’t evolving in equal measure.

This is especially true of the banking practices used in the construction industry, which are typically reliant on time-consuming manual processes. AccessPay is committed to streamlining your banking operations, providing a bridge between your ERPs and banks while allowing for total cash visibility across the board.

En ce moment, nous sommes prêts à parier que ce qui suit est vrai pour vos fonctions financières ou de trésorerie...

You’re Having ERP Troubles

 

You may not realise this to be the case, but many in the construction sector are bogged down by their relationship with ERP systems.

For a start, it’s not uncommon to have more than one back-end system tying your workflows together. There isn’t necessarily anything wrong with this, but issues arise when the processes required for each differ, robbing your team of valuable time.

The more critical problem with ERP systems, however, is that they don’t natively connect to banks. This means that, without automation, you’re reliant on banking portal log-ins to conduct your banking operations, wasting hours of your day.

You Want to
Modernise

 

Construction-based finance and treasury functions often recognise the need for workflow modernisation, but lack the funding to commit to it.

Many businesses are planning a digital transformation process or ERP upgrade – but this doesn’t guarantee automation.

To achieve this, you would need a cloud-based solution that offers a whole host of packages and payment types, helping you with everything from Bacs and CHAPS to Host-to-Host and API capabilities.

Cybersecurity is Your Main Concern

 

Risk is a huge factor when conducting banking operations – especially if your company is undergoing a period of growth. This is especially true for the construction sector, which is currently the number one industry hit by ransomware attacks. In fact, GCHQ has issued advice specifically for small-to-medium construction businesses.

The more sophisticated the banking process, the more likely it is to fall victim to fraud, human error, or cyberattack.

By removing manual processes from your workflow and using a pure-cloud solution, you can drastically reduce the influence of cybersecurity concerns in your business.

Étude de cas

 

 

FM-Conway-Logo

FM Conway works in transportation, the built environment, and the public realm to help both communities and businesses thrive.

A family-run business for 60 years, FM Conway has both a storied history and a continuing desire for evolution and progress.

To the uninitiated, a construction company may seem unlikely to turn to a Fintech for help; like any other business, however, FM Conway has banking operations and payroll to handle.

Not only this, but the ubiquity of the challenges associated: time-wasting manual processes, the prevalence of human error in non-automated workflows, and an excess of patchwork solutions such as spreadsheets.

In fact, AccessPay is working with increasing amounts of businesses from the construction sector – a fact elaborated on by Matthew O’Brien, AccessPay’s Inside Sales Representative for the construction and manufacturing industries.

“Throughout 2021, AccessPay provided a helping hand in the construction industry by partnering with numerous businesses and further bolstering our understanding of the challenges the sector
faces”, he comments.

Lire la suite

Chat to Our Construction Expert Matthew O’Brien

With over 3 years of experience working closely with the construction industry, Matthew understands the sector’s challenges in a way that few do.

Whether you’re a small business or multinational corporation with a turnover in excess of £1bn, he’s got the knowledge to help futureproof your banking and payment processes.

matthew-obrien-ISR-picture



Pourquoi AccessPay ?

Compte tenu de l'évolution rapide du secteur, il n'y a jamais eu de moment plus propice pour moderniser vos opérations bancaires.

Heureusement, AccessPay est là pour vous aider.

Nous mettons de l'ordre dans vos fonctions de finance et de trésorerie, en agissant comme le ciment entre vos banques et vos systèmes ERP. Grâce à une solution entièrement automatisée et basée sur le cloud, vous pouvez dire adieu aux feuilles de calcul et aux processus manuels fastidieux pour de bon.

De plus, notre solution de gestion de trésorerie offre une transparence totale des fonds de votre entreprise, en compilant vos soldes à travers le monde. Avec AccessPay, vous pouvez voir votre position globale de trésorerie, retrouver contrôle de vos opérations bancaires par l'atténuation des risques, et optimiser vos dépenses grâce à la disponibilité de données plus riches.

Autres informations sur l'industrie

Financial Services

Financial Services

...

Automobile, aérospatiale et défense

Automobile, aérospatiale et défense

...

Assurance

Assurance

...

Produits pharmaceutiques

Produits pharmaceutiques

...

Nourriture et boissons

Nourriture et boissons

...

Associations de logement

Associations de logement

...

Fabrication

Fabrication

...

Transport et logistique

Transport et logistique

...

Propriété et immobilier

Propriété et immobilier

...