Tag Archive: OpenECX

Apr 27 2017

Aconex launches Connected Cost

It’s taken nearly two years, but Aconex finally announced the launch of Connected Cost earlier this month, potentially heralding a move into construction payment management. With its July 2015 acquisition of US-based Worksite, a project cost management solution developed at ARES Project Management LLC, the Melbourne, Australia-based construction collaboration vendor Aconex started working towards integration of project cost …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2017/04/aconex-launches-connected-cost/

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 …

Continue reading »

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 …

Continue reading »

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