February 18, 2016
How Construction Project Managers and Bookkeepers are Saving Time and Money with "the Cloud"
The construction industry is constantly changing due to regulations, labor requirements, insurance requirements, and competition. With so many parts in flux, it can be daunting to stay on top of estimates, permits, labor, sub-contractors, payroll and accounting details. Fortunately, the cloud is making those tasks easier.
More than ever, construction managers use apps for accurate labor management, estimating, and project management. With great data, project managers and bookkeeping teams can work closely together to maintain profitability and positive cash flow from the job site to the office.
"Due to increased labor costs alone, the construction industry needs to realize that if you're trying to manage a project with pen and pencil, or even Microsoft Excel, the room for error is enormous," says Ian Grimbleby, Partner and Construction Team lead. "They can quickly throw an entire budget."One of our clients, CDC Construction, has adopted a mobile friendly strategy to manage time card processing using Edifica, a cloud-based project management software tool. Owner Seth Cheek mentions, "I am always thinking about how we can make the business more efficient and productive. Our industry is moving towards being more mobile, and we are too. With a little time and consistency, mobile management will become second nature, just like wearing a hard hat!"
Construction team-members Ian Grimbleby, Adriane Reams and Javier Padilla (L-R)
Edifica is just one of many cloud management and accounting software programs. Please give our Construction team a call for help determining which cloud tool is best for your company.
Please keep in mind that our Cloud Accounting Team is always here to help you with your accounting and financial management needs, including transferring your Excel files or desktop Quickbooks to Quickbooks Online.
Manoj joined Grimbleby Coleman as an Associate after four years in banking and 2 years in the transportation industry. In this role, he assists with tax planning engagements and business returns and greatly enjoys seeing his client relationships morph from professional to friendship. Manoj holds a Bachelor of Science in Business Administration with a concentration in accounting from California State University, Stanislaus.
A long time Livingston, California resident, Manoj stays very active in his community. He's been involved with Livingston Rotary, was a Livingston Planning Commissioner, and a Livingston Medical Group board member. He also volunteers at the Livingston Guru Sikh Mission. "And I would like to get involved with other organizations in the future."
In his free time, you might find Manoj traveling, enjoying time with his daughter, or relaxing with friends and family.
His favorite number is 21. "My dad, brother and I were all born on the 21st." How's that for a coincidence?