Payment Processes in the Amended Construction Act, Early Payment Programmes, eHub3 News and More
Welcome to the February edition of the Open ECX newsletter.
In this edition we look at one of the key issues impacting the construction industry at the moment – the supply chain payment process – as well as a round-up of Open ECX’s latest news including growth within our eHub3 P2P payment platform and fresh details on the soon to be released subcontractor management solution, WebContractor.
A leading construction products and equipment manufacturer and supplier, Hilti worked with construction e-commerce specialist Adaptris ECX to use its unique Email-to-Business (E2B) technology to encourage customers to switch from paper-based orders to email-based PDF orders that could be integrated and automatically processed by Hilti’s back office systems. The time taken to establish e-business arrangements was reduced by over 80%, at no cost to customers, while Hilti was able to make overhead savings on its administration of purchase orders and other processes.
LONDON – UK, March 7, 2013: Adaptris ECX (Electronic Construction Exchange) today announced that South West Highways, a leading provider of highway maintenance and civil engineering construction, has implemented Adaptris technology to facilitate an electronic trading solution set to enable it to realise efficient e-commerce with its supply chain partners.