WebContractor Hosts Driving Day Event
WebContractor held an exclusive Driving Day event at Mercedes-Benz World in Weybridge, Surrey on Thursday 4th October 2019.
Designed to increase industry awareness on improving the management of subcontractors in construction, including the tracking of applications for payment and improving compliance, the event featured morning sessions delivered by Rob Driscoll, advisor to the Cabinet Office and Build UK Payments.
An expert in this field, Rob Driscoll advised attendees on the benefits of digital solutions to de-risk commercial models and prevent hazardous risks to business, including litigation.
Reflecting on the event, Rob Driscoll said, “I thought the day went extremely well and that the broader picture, coupled with the issues of trying to streamline everyday contractor life, enabled us to explore some of the largest problems in the construction industry.”
WebContractor is a business-changing tool that manages multiple subcontractor processes, including applications for payment, insurances and bonds, authentication of VAT receipts, as well as minor works and work order instructions.
Mark Mitchell, Operations Finance Director at Geoffrey Osborne, discussed how WebContractor has improved end-to-end management and visibility of their payments and finances, forging better relationships with their valued subcontractors.
Mark commented, “The key challenges we had within the applications for payment process were the recording of information submitted with the applications, having applications all stored in a central place, and making sure we received everything on time so we could establish future cash flow requirements. We never really had the visibility of any of that because we were reliant on people getting it into our accounting system, as opposed to a proper solution that manages the application for payment process.”
He continues, “Now, we have visibility of all applications for payment across all of our different contracts which are widespread geographically. We also have visibility of our cash flow requirements.”
Mercedes-Benz World Venue
After lunch, an afternoon of AMG track driving awaited the event’s attendees – an exhilarating way to celebrate a morning of networking and discussion on one of the key topics in the construction world.
Speaking on the event, Kerry Fry, Accounts Manager at Readie Construction, noted, “A big thank you from myself and the Readie team who attended the WebContractor Driving Day yesterday. It was incredibly insightful and whipping about in the Mercedes – what a fantastic experience!”
WebContractor is extremely thankful to all of its guests and loyal customers who made the driving day event so enjoyable and insightful. We hold events throughout the year, so for further information on the next event please get in touch by using our contact form.