Job Cost Accounting Software Improves Payroll Processing Plus More

January 2nd, 2013 ?|? Published in technology

Financial administrators at construction companies leverage job cost accounting software to manage payroll processes while efficiently and accurately meeting the ever-changing government and construction regulations.

After implementing complete construction management software with job cost accounting functionality for his business, one president explained:

?Without question, the single biggest benefit has been in the accounting department. Every task is faster and we have reduced the time required to process payroll by a minimum of 25% when compared to other systems.?

?Not only can job cost accounting software help contractors improve payroll processing, but it allows better management of AP, AR, and GL, too. For example, that same construction company president said:

?Processing invoices and payments is equally efficient and is simple enough to teach within a few minutes to a new employee. We have also saved a great deal of time in the preparation of invoices. The unit price breakdown and billing reports are very easy to use.?

No longer do construction accounting professionals have to face the challenges involved with processing billings on a separate schedule of values and billing forms, and then enter information into the accounting software. Now with robust job cost accounting software, administrators can perform all of these functions without the need for separate software.

The right-fit solution also delivers a complete line of financial reports and can also automatically update all costing and financial records for complete accuracy. That allows construction companies to achieve strict control and flexible processing of their financial obligations.

Download this free case study to learn more about how this construction company president improved workflow, accuracy, reporting, and decision-making, thanks to job cost accounting software for construction.?

Source: http://blog.maxwellsystems.com/job-cost-accounting-software-improves-payroll-processing-plus-more/

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