‘’We’ve always done it that way’’ I get it, construction is a traditional industry, but why wait until the ceiling collapses in order to fix the leak?
Is not about changing the way you work, is about simplifying the processes you work with in order to give you back your most valuable resource: Time.
“By moving the information gathering to the time of the transaction, and enabling these processes to be done proactively via text message, we eliminate the need for the bookkeeper to have to reach out and chase everyone at month-end just to get a clear understanding as to what was spent and for what project” Jammil Handal - CEO at TheoBuild
Revenue efficiency is the primary ROI when it comes to streamlined payment processes, by automatically mapping all the transactions to a budget it becomes easier to stay on track, saving time and money.
Issuing a check has the same average cost whether you’re paying for a 50$ extra gallon of paint or 10,000$ worth of lumber, and in construction, several low-value checks are issued daily, causing leakage in your spending and making the payment process a time-consuming operation. (If you can think of a similar leakage example within your company, I encourage you to share it with us email@example.com)
Manual processes are time-consuming, but more importantly, they are productivity-consuming, eating up all of your efficiency and ability to solve business problems, while accumulating on your desk and becoming an unnecessary obstacle.
Meet us in the middle of overly controlled bureaucratic procedures and poor control that eats away your budget. Proactive and flexible ways of working through your expense reports without the exhausting month-end reconciliation process.
Andrea Scott - VP Of Client Success At TheoBuild