Secure your project's payments with Saible
Saible's Digital Parallel Payment Accounts (DiPPAs) reduce financial risks and ensure prompt, parallel payments across the entire construction supply chain
Less risk
Impact of insolvency and misuse of funds is dramatically reduced.
Better compliance
Easily prove you’re meeting regulatory and legislative requirements.
Lower costs
Lower subcontractor costs, lower supplier costs, lower insurance premiums.
More collaboration
Avoid payment disputes and costly delays, get better project outcomes.
Social Value
Quantifiable data on payments to SMEs and local economic impact.
Gain governance
A complete audit trail with intelligent transparency, where data is aggregated and anonymised, and only visible to those who have permission to see it.
The current payment process doesn't work.
Late and non-payment is rife, disputes are commonplace, margins are too low and cash flow is unreliable
£23 million
is wasted every working day in the UK due to poor payment practice in construction*
2
construction workers take their own lives every working day in the UK**
18
construction businesses go bust every working day in the UK***
Sources
*Data from ONS, Dept for Business Innovation and Skills, The Adjudication Society, Pinsent Masons, and Construction Enquirer
**Office for National Statistics
***UK Government Insolvency Service
