Subcontractor Management Cloud

Effective financial management is key to making a profit in the Engineering & Construction industry; particularly as margins remain tight. For busy companies, with complex projects, the management of subcontracted works becomes immeasurably easier with the right kind of construction software. Thank goodness, then, for Inoapps Subcontractor Management Cloud!

Continue Reading

The Challenges of Subcontractor Lifecycle Management

 

Subcontractor Management remains one of the major issues within the sector. Although you may have solutions in place for finance, supply chain and projects, these do not address certain aspects relating to the management of subcontractor payments:

  • Subcontractor applications and certifications
  • Management of HMRC CIS payments for subcontractors
  • Management of Retentions
  • Penalties & deductions
  • Co-ordination of information across operations, projects and finance

Inoapps’ Solution Subcontractor Management Cloud

 

We realised there was a need for a solution to address these gaps. As a result, our highly skilled technical team and industry experts have developed the Inoapps Subcontractor Management module for Oracle ERP Cloud.

What is Inoapps Subcontractor Management Cloud?

Inoapps Subcontractor Management Cloud delivers an end-to-end process in a single, fully integrated Cloud solution. The application is based on 10+ years’ experience of Oracle applications and technology. Our team also drew on its extensive Engineering & Construction sector experience to develop the application.

Subcontractor Management Cloud Process Flow

 

 

 

 

 

 

 

 

 

The Benefits

The application has benefits throughout your business:

Finance Directors

  • Greater visibility of the financial performance of your subcontractors
  • Accurate reporting against budget
  • Greater efficiency from your teams
  • Automated processing of Withholding Tax (CIS UK)
  • Efficient, prompt invoice management

Commercial Directors

  • Fully compliant with the UK Construction Act
  • Simple payment application process
  • Complete visibility of subcontractor payment applications
  • View status of new and existing projects
  • See subcontractor costs at a glance

Corporate

  • Reduce corporate risk from unknown or understated subcontractor costs
  • Avoid costly fines by addressing HMRC requirement for CIS payments
  • Concentrate on value-added tasks by reducing the time spent on admin

Subcontractors

  • Create and manage Applications for Payment
  • Full visibility of the Application review cycle
  • Detailed reporting on work to date, budget remaining and estimate to complete
  • Manage retentions and retention release payments
  • Automatic generation of invoices
  • Ensure accuracy in the calculation of payments and expedite the payment process

Inoapps has undertaken a number of transformational projects for Engineering & Construction companies, going live with our suite of E & C Cloud modules alongside standard Oracle ERP, HCM, SCM and EPM Cloud.

Download the datasheet now!

Get in touch now to find out more:

Please contact us below

Please contact us below
  • I would like to receive updates on news and other activities. For further information on how we use your personal information, please see our Privacy Policy.
DERBY
Gleneagles House
Vernon Gate
Derby
DE1 1UP
+44 (0)870 112 2000
ABERDEEN
Inoapps Head Office
2 Fountainhall Road
Aberdeen
AB15 4DT
+44 (0)870 112 2000
EDINBURGH
The Farmhouse
Oracle Corporation UK Ltd
Blackness Road
Springfield
Linlithgow
West Lothian
EH49 7LR
+44 (0)870 112 200
Inoapps USA
5177 Richmond Avenue, Suite 1260
Houston
TX 77056
Tel: +713.337.4088
Inoapps Sdn Bhd (1053967-P)
Suite 2B-13-3, Level 13, Block 2B,
Plaza Sentral,
Jalan Stesen Sentral 5,
KL Sentral,
50470 Kuala Lumpur.
+603 2714 5707
LONDON 3 Cavendish Court London EC3A 7GA +44 (0)870 112 2000
Inoapps Singapore Pte. Ltd 1 Fusionopolis Place #03-20 Galaxis (West Lobby) Singapore 138522