Stop waiting 83 days to get paid
83 days average payment time
Only 5% of subcontractors paid on time
✓ Collections running in the background, 24/7, without being asked
✓ "It's like having an extra finance team member — without the salary."
✓ Cash flow you can predict — not just hope for
✓ Finance team spending time on strategy, not spreadsheets
Frequently asked questions
How does Equisettle help UK construction companies get paid faster?
Equisettle automates payment chasing for construction invoices and applications for payment, tracking each one through the client approval process. Construction companies using Equisettle typically reduce DSO by 15-25 days — cutting the industry average of 83 days significantly.
How does Equisettle handle construction retention payments?
Equisettle tracks retention amounts as separate line items and triggers automated reminders when retention release dates approach. This prevents the common problem of retentions being forgotten for months after practical completion — recovering cash that would otherwise be left unclaimed.
Which accounting software does Equisettle integrate with for construction businesses?
Equisettle integrates with Xero, QuickBooks, Sage, and FreeAgent — widely used by UK construction SMEs. Invoice and application data syncs automatically.
What is the average payment delay for UK construction companies?
UK construction companies wait an average of 83 days for payment — the longest of any sector. Only 5% of subcontractors are paid on time. Equisettle's automated chasing and predictive analytics help construction businesses identify late-paying clients early and take action before debts escalate.
Can Equisettle help construction subcontractors manage applications for payment?
Yes. Equisettle tracks applications for payment (AFPs) alongside standard invoices, so subcontractors can monitor the full payment chain — from application submission through to cash receipt — in a single dashboard.