Aussie Innovation Recognised with Global Construction Technology Award

Written by PR Newswire

Australian tech company Payapps wins Best SaaS Product for the Construction Industry with its progress payment claim technology in the SaaS Awards 2023.

MELBOURNE, Australia, Sept. 28, 2023 /PRNewswire/ -- Payapps ^[1], a construction software as a service (SaaS) solution trusted by thousands of main contractors ^[2] and subcontractors ^[3] to simplify and standardise progress payment claims, has been named Best SaaS Product for Construction in the SaaS Awards 2023 ^[4], beating out tough competition from around the world.

Payapps secures top global honours as the SaaS Awards recognises their outstanding contribution to the construction industry by making progress payment claims easier to manage.

The Australian company took out the prestigious award in recognition of helping builders and subbies work better together. James Williams, Head of Operations at The SaaS Awards, said: "Payapps is a deserving winner in a highly competitive construction technology category. We're impressed by the innovative solutions and achievements of entrants like Payapps each year. With every awards program of this business software 'Oscars,' we see even more captivating innovations that adapt to today's evolving construction industry challenges."^[5]

Annabelle Whittall, Construction Category Lead Judge at The SaaS Awards 2023, said: "We were impressed by the offering from Payapps, who significantly cut progress payment claim processing time and helped to meet regulatory requirements within the construction industry. Compliance is improved and made easier with documentation verification integrated with the approval process. Seamless integration with a wide range of project, construction ERP, accounting and financial management software helps provide real-time data on all project payment requests and approvals. Congratulations to Payapps! A well-deserved win."

Geoff Tarrant, Executive Chairman and Co-Founder of Payapps, said, "Winning best product for the construction industry from the international SaaS Awards is an outstanding achievement and recognises the team's commitment to improving the construction sector. From the beginning, Co-founder Lincoln Easton and I established Payapps with a clear mission: to create a cloud-based solution to streamline construction progress payments, ensuring they are simpler, fairer, and faster for everyone involved.

Payapps continues solidifying its position as a leader in the construction SaaS industry, following winning the ABA100 Winner for SaaS Innovation in The Australian Business Awards 2023 and last year's Australian Good Design Award in Digital Design and the UK's Construction Computing's Cloud Technology of the Year Award. ^[6]^[7]^[8]

To view the full shortlist, please visit: https://www.cloud-awards.com/2023-saas-awards-finalists/^[9]

For more information about Payapps, visit www.payapps.com.^[10]

About PayappsPayapps is a cloud-based collaboration tool for the construction industry. It helps main contractors and subcontractors simplify and expedite project progress payment claims, including variations and retentions. A simpler and faster digital process ensures greater transparency, increased accuracy, improved compliance, reduced financial risk, fewer disputes, and fairer outcomes. Payapps significantly cuts progress claim approval times whilst helping to meet regulatory requirements. Compliance is improved and made easier with documentation verification integrated with the approval process. Seamless integration with a wide range of project, construction and financial management software helps provide real-time data on all project payment requests and approvals.

About the Cloud Awards       

The Cloud Awards is an international program which has been recognising and honouring industry leaders, innovators and organisational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organisations from across the globe, aiming to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2023 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and "Best in Mobile" Cloud Solution.         ^[11]

A judging panel of international industry experts selects winners. For more information about the Cloud Awards and SaaS Awards, please visit https://www.cloud-awards.com/.        ^[12]

About the SaaS Awards       

The SaaS Awards is a sister program to the Cloud Awards, which was founded in 2011. The SaaS Awards focuses on recognising excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product.        ^[13]