Running any construction business is more than running projects; you must also be sure that you’re in compliance with all the regulations and provide proper reporting. If these tasks take up a chunk of your time, but you are not properly educated or not able to get the right tools to do them, that is where the Sage 100 Contractor advisor can be very helpful in accomplishing your goals.
Understanding Compliance and Reporting
Compliance refers to adhering to the laws, rules, and regulations that apply to your business. These could include safety regulations, labor laws, tax requirements, and licensing rules. In case you fail to keep up with these regulations, you risk incurring penalties or experiencing project delays.
Reporting relates to organizing your financial and operational documents to a legal level for the simple purpose of showing the performance of your company. It helps manage the costs and profits and makes you as transparent as possible in front of stakeholders and regulators.
How Sage 100 Contractor Works
The Sage 100 Contractor software is especially aimed at construction companies. Tools that are meant for accounting, project management, and reporting are available. However, without proper knowledge and experience, it can be almost impossible to get the most out of the software, which makes hiring a Sage 100 Contractor advisor very useful.
How a Sage 100 Contractor Advisor Helps with Compliance
- Ensures Accurate Data Entry
Compliance is based on the accurate records of your company activities. A Sage 100 Contractor advisor will educate you on setting up the software properly and train your employees on how to correctly input data so there are fewer errors. - Keeps You Up-to-Date with Changes
Laws are constantly being revised, but not everyone stays current about changes. The consultant monitors these changes and inputs the most current revisions into your Sage 100 Contractor system so that your business is current, too. - Provides Compliance-based Report Customization
Every business has its different requirements. Using Sage 100 Contractor, advisors can draw up customized compliance reports such that all information deemed necessary is assembled and submitted to an auditor or regulator in the proper format.
How a Sage 100 Contractor Advisor Helps with Reporting
- Prepares Comprehensive Reports: The Advisor is familiar with the generation of proper and descriptive financial, payroll, and project reports through Sage 100 Contractor. Such reports are in a position to provide better insight into your business and enable you to make better-informed decisions.
- Streamlines the Reporting Processes: Manual reporting is sometimes tiresome and prone to errors. Advisors streamline the reporting process, saving you time and money while retaining accuracy over time.
- Identifies Essential Metrics: while very powerful tools are given, you need to focus on the right metrics. An advisor can help identify the most relevant data for your business – whether that is cash flow, project costs, or employee hours.
Why Work with a Sage 100 Contractor Advisor?
A Sage 100 Contractor advisor at www.sagecusomreports.com is an expert in the software and will be with you for years, bringing their experience into the bosom of your business. They know the nuances of the software and can use all the features in-depth to suit your needs. Be it the generation of a compliance report or financial reporting in a manner that is completely automated, they will make all of these tasks easily manageable and efficient.
Conclusion
Non-compliance and misreporting have no room in today’s competitive construction industry. Work with an advisor who will help make sure your business stays compliant while unlocking all that this software has to offer. Save time, avoid penalties, and grow your business with an advisor on your side.
Simplify compliance and reporting today and work with a Sage 100 Contractor advisor!
Reach out to Jim Schuett, an experienced Report Writer, Author, and Advisor for Sage 100 Contractor software, at [email protected] or visit www.sagecustomreports.com. You can also call (480) 277-7550. With over 20 years of expertise, Jim has been assisting Sage 100 Contractor clients across the USA and Canada.