Secure your project's payments with Saible

Say hello to a secure, ring-fenced payment system that reduces risk in construction project funding and keeps money moving throughout the supply chain.

Saible makes project  payments reliable

Change the way your money moves, not the way you work.

Reduce your risks

Funds for your project (including retentions) and its supply chain are protected even if a company becomes insolvent.

Manage payments more efficiently

Your supply chain can manage their payments as normal while cash movements are carefully managed.

Encourage collaboration, discourage disputes

Payments are made at the same time, so no one is paid until their supplier is paid, making disputes pointless.

Gain transparency for better governance

Payment information is visible to those who have permission to see it.

Provide a complete audit trail for payments

Misuse or misappropriation of funds becomes much harder and easier to prove.

Comply with the Procurement Act and Construction Playbook

By using Saible, you’ll be meeting the government’s prompt payment requirements for public sector projects.

Enhance your commitment to building safety

Secure cashflow for all will help reduce building safety risks associated with compromising on quality.

Prove your project’s  social value

Easily report payments going to SMEs, compliance with the Procurement Act’s prompt payment requirement, and contributions to the local economy (the Local Economic Multiplier Effect).

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. Either that or we use the large number as the annual figure and the text explains the working day equivalent. But it needs to be consistent across all 3 stats.*

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