Masonry Magazine December 2007 Page. 25
Masons who don't use a computerized accounting system are at a competitive disadvantage when it comes to dealing with banks and bonding companies, says Jim Meidl, president of J. Meidl Systems Inc., in Roswell, Ga.
"Masonry is a boom or bust market," Meidl says. "When business gets tight, you have to get lean and mean. You can't have extra people in the office doing accounting. Our software does it for you."
Accounting software for masonry
ACCOUNTING SOFTWARE designed for the masonry industry helps contractors with the day-to-day management of their businesses. For example, Meidl says Tut Software from J. Meidl Systems is an accounting software package that covers payroll, accounts payable, jobs costs, accounts receivable, general ledger and estimating. The ideal customer for the software is a masonry company with at least $2 million in annual revenues with an office at full capacity.
Accounting software designed for the masonry industry helps contractors with the day-to-day management of their businesses.
"We're extremely efficient at being able to process the book-work of masonry jobs," Meidl says. "If you've ever not bid on a job because you can't handle any more work, then you need my program."
He says the software allows companies to grow without increasing personnel or overhead. It makes the company more efficient by eliminating repetitive data entry, monitoring job costs in real time, and minimizing overhead.
"People don't intend to grow their businesses, but they do," Meidl says. "With my program, they can comfortably get the work done. They're able to bid on more projects. That $2 million turns into $4 million or $5 million. When you don't have any more overhead and can grow by 150 percent, you're in Fat City. That makes for a happy customer."
Foundation Software, a construction accounting software, is designed for labor-intensive contractors, according to Ode.
"Many contractors, including masonry contractors, are using generic brands of accounting software that are the same brands grocery stores might use," Ode says. "They're effective for small, upstart companies, but they don't handle the unique aspects of the construction industry, where there's a lot of labor and building materials."
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