What’s the worst part of losing a grip on your contracting company’s job costs?
Billable costs not making it to the final invoice? The difficulty of identifying which jobs are actually making money? The productivity-killing chore of reassembling ill-managed records?
How about all of the above?
Managing job costs is difficult for any contracting business. After all, the very nature of contracting conspires against making it an easy task. Job work is complex and dynamic. Conditions change. Costs fluctuate.
It’s a constant business challenge. But contractors who give the problem serious attention gain major advantages over competitors who haven’t done the same.
I spoke with Tim Law, Vice President of Sales & Marketing at Intersoft Systems to dig deeper into the job cost software opportunity. Tim is an expert on the topic. Intersoft Systems provides accounting and management software and has a particularly strong focus on meeting the needs of construction businesses. Tim has spent the last 8 years consulting with companies to help them leverage technology to improve management tasks such as job costing.