News Summary
Cleveland-based Lawler Construction has experienced remarkable revenue growth, jumping from $2 million to $15 million since implementing FOUNDATION accounting software in 2006. The specialized software has enhanced operational efficiency, reduced data entry time, and integrated payroll solutions, allowing the company to focus on productive tasks. With nearly two decades of partnership, Lawler Construction’s commitment to evolutionary software underscores the importance of tailored accounting solutions in the construction industry.
Lawler Construction Records Substantial Revenue Growth with Advanced Accounting Software
Cleveland-based Lawler Construction, a family-owned commercial remodeling company, has seen an impressive surge in annual revenue, jumping from $2 million to $15 million since the adoption of FOUNDATION accounting software in 2006. This remarkable growth highlights the significant impact that specialized accounting systems can have on the operational efficiency of construction firms.
Streamlined Operations Enhance Financial Performance
The company, which focuses on remodeling projects for groceries, schools, and churches, identified a crucial need for accounting solutions tailored specifically to the construction industry. Founder Jim Lawler, drawing from his extensive experience in construction, made the decision to implement FOUNDATION from day one, allowing for immediate benefits. The software has fundamentally reshaped how Lawler Construction manages its financial operations.
Significant Time Savings Achieved
One of the standout features of FOUNDATION is its ability to reduce the time spent on data entry by nearly half, enabling employees to focus on more critical tasks. Moreover, the software’s job cost activity reports and streamlined AIA billing templates have greatly improved budgeting stability and invoicing processes.
Prior to the implementation of FOUNDATION, month-end reconciliation took an entire working day, a burden that has now been minimized to just a few hours. This remarkable efficiency growing from the adoption of the system allows construction teams to allocate their time and resources on completing projects more effectively, rather than getting lost in paperwork.
Integrated Payroll Solutions Address Core Challenges
Alongside its core accounting functions, Lawler Construction also took advantage of FOUNDATION’s Payroll4Construction service. This integration alleviates common payroll challenges, allowing the team to meet their employees’ needs without the pressing burden of managing payroll independently.
Consistent Revenue Growth Reflects Software Value
Since partnering with FOUNDATION, Lawler Construction has experienced consistent revenue growth that underscores the value brought by the software. Vice President Tom Lawler has acknowledged that having such a partner has not only facilitated operational efficiency but has also allowed the business to navigate its expanding scale with great success.
A 20-Year Commitment to Innovation
With nearly two decades of collaboration with FOUNDATION, the Lawler family remains committed to the software, recognizing its flexibility and capability to evolve alongside their growing business. The relationship underscores the importance of choosing a solution that can adapt to changing business needs in the construction industry.
Foundation Software: A Comprehensive Support System for Contractors
Foundation Software, LLC plays a significant role in helping contractors manage various aspects of their operations. It offers services including job cost accounting, estimating, project management, and tailored payroll services. By providing these essential resources, Foundation enables businesses like Lawler Construction to focus on growth while ensuring financial accountability and operational efficiency.
The success story of Lawler Construction stands as a testament to the effectiveness of specialized accounting solutions in the construction sector. As businesses seek to streamline their operations and maximize profitability, tools like FOUNDATION accounting software can play an essential role in the journey toward sustained success.
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Author: Construction FL News
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