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Gemini a positive sign for construction

Editorial Type: News     Date: 03-2014    Views: 3183   




A new app designed to help construction companies simplify their invoicing process , is set to be rolled out across the industry

The Gemini App, developed by Leamington based RNF Digital Innovation for Birmingham construction company Coen Ltd, has been described by The Construction Industry Training Board (CITB) as "pioneering in the sector" as well as being lauded by university academics.

The Gemini App was developed in response to Coen's need for an improved system to manage and verify over 100 invoices a week submitted by contractors and sub-contractors. It has produced a transparent system that enables supervisors and management to track, check and sign-off work at the touch of a button.

An independent study by Warwick University's Business School found the app produced annual cost savings of £100,000 for Coen, a 250 per cent increase in profitability and a 20 per cent revenue growth for the company.

Paul Little, Managing Director of Coen Ltd, said: "The Gemini App has helped turn an age old practice on its head. Whereas before Coen was at the behest of the subcontractors simply submitting invoices, the company has re-established control of its costs by defining the parameters and scope of its building contracts.

"Supervisors who access the system can monitor projects and approve any changes to the required work, with strict processes in place to ensure only approved work is conducted, invoiced and subsequently paid."
www.rnfdigital.com

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