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01254 915 187

Your invitation to: Fair payment summit

OpenECX in association with Barclaycard and NFB

Date: Thursday 5 November
Time: 13:00
Venue: Barclaycard Head Office, 1 Churchill Place, London, E14 5HP
Cost: Free of charge

This event will bring together contractors, sub-contractors and industry experts to discuss the impact of fair payment on the supply chain including the current barriers and potential opportunities prompt payment can provide.

Key Themes:

  • Do you see prompt payment as an issue or an opportunity for your business?
  • Do you use alternative sources of finance to support your cash flow?
  • Is the skills shortage affecting your ability to attract and retain good quality sub-contractors?

Keynote speaker:

Paul Bogle, Head of Policy and Research, National Federation of Builders

Why should you attend?

  • Contribute to our industry white paper on supply chain finance processes
  • Be the first to hear results from a supply chain finance survey
  • Share knowledge with contractors around approaches to prompt payment

To register your interest please fill out the form below, alternatively contact Katie Selby on 01254 915187.

In partnership with

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# Employees

Open your sub contractor relationships

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Your End Customer

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Build closer relationships

  • Faultless reporting against budget
  • Advanced visibility of financial milestones
  • Complete reporting across the supply chain
  • Fully compliant with the UK Construction Act
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Main contractor (Finance Team)

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Reduce risk

  • Smooth cash flow and treasury management
  • Automatically links with subcontractor payment demands
  • Fully compliant with the UK Construction Act
  • Clear risk assessments for each project
  • Take advantage of Working Capital Schemes and Early Payment Program’s Efficient, prompt invoice management
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Main contractor (Commercial Team)

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Gain control

  • Keep track of the subcontractor process throughout the project
  • Reduce admin time
  • Deliver completely compliant, robust VAT processes
  • See outstanding subcontractor costs at a glance
  • Keep valuable subcontractors through smarter working processes

Subcontractor

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Have complete transparency

  • Straightforward application processes
  • Easily view the status of new and existing projects
  • Reduce admin time
  • Avoid unnecessary delays
  • Cut down on subcontractor Days Sales Outstanding