Tag Archive: OpenECX

Aug 05 2016

Oracle building its construction offering

A Construction Index news story today about the Bank of England’s decision yesterday to reduce the central bank interest rate to 0.25% highlighted once again the UK construction industry’s poor record on prompt payment. It quotes the National Federation of Builders’s chief executive Richard Beresford: “The construction industry has the worst payment record of any …

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Permanent link to this article: http://extranetevolution.com/2016/08/oracle-building-its-construction-offering/

Sep 02 2015

OpenECX targeting subcontractors

OpenECX and its WebContractor application provides an end-to-end – purchase order to payment – SaaS-based process management platform. The UK construction e-commerce sector isn’t one I’ve looked at that closely, particularly when it comes to managing buyer/supplier financial transactions between construction businesses. I have tended only to give it a brief mention if it involves a …

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Permanent link to this article: http://extranetevolution.com/2015/09/openecx-targeting-subcontractors/