Working with businesses in the NZ trades sector not only providing accounting advice but also business support.
One area I’m seeing a lot is the need to get systems in place that:
- Allow you to grow
- De-risk you if there is ever a dispute
- Meet the growing compliance obligations (health & safety, LBP etc)
- Increase the quality of information - financial and non-financial - to make better decisions on the job and for future jobs
- Manage and track leads
- Jobsite logs
- Client communication
- Subbie communication
- Electronic timesheets
- Variation management
- Retention management
- Budgeting & Financial Analysis
- Progress billing
(If you already enter invoices into Xero then the amount of additional input required is relatively small compared the vastly increased quality of information you get.)
Setting up a CMS does need professional input at the startI work with like-minded professionals to get a CMS up and running, and then with the trade business owner to unlock the value of the system to address key questions like how to grow the business, increase cash flow, etc.
Let me know if you would like to explore having a CMS in your business. The lead time to get one fully operational and understanding how it works is only is 3-6 months, depending on your business.