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 Sees $15 Million Revenue Surge with FOUNDATION Accounting Software
A Cleveland-based construction company has achieved remarkable growth in annual revenue, soaring from $2 million to an impressive $15 million since implementing FOUNDATION accounting software in 2006. Lawler Construction, which specializes in commercial remodeling of groceries, schools, and churches, credits this significant financial rise to the operational efficiencies gained through the software.
Jim Lawler, the founder of the company, recognized the need for a specialized accounting solution tailored to the construction industry based on his prior experiences. From day one as a client of FOUNDATION, Lawler Construction reported immediate returns on their investment, attributing newfound business efficiencies to the software. The implementation of FOUNDATION has dramatically reduced the time spent on data entry, slashing it by nearly half.
Operational Improvements Driving Growth
Several key features of FOUNDATION have contributed to the company’s operational improvements. Among these are the job cost activity reports, which enable better tracking and management of project expenses. Additionally, the software includes AIA billing templates; these templates not only help stabilize budgets but also streamline invoicing processes that can often become cumbersome without specialized tools.
Another useful aspect of FOUNDATION is its purchase order linking and change order management tools, which facilitate smoother adjustments and tracking of project expenses. The month-end reconciliation process, once a full working day’s task, has been reduced to just a few hours, allowing the accounting team to redirect their efforts to more strategic areas of the business.
Payroll Simplified and Efficiency Enhanced
Alongside the accounting features, Lawler Construction has integrated FOUNDATION’s Payroll4Construction service, significantly easing the payroll burdens traditionally faced by construction firms. By simplifying payroll management, Lawler Construction has been able to focus on its core business of commercial remodeling while ensuring its employees are paid accurately and on time.
Tom Lawler, the Vice President of Lawler Construction, notes that their partnership with FOUNDATION has led to consistent growth over the years. The software’s ability to adapt and grow alongside their evolving business needs has been invaluable in maintaining a competitive edge in the construction market.
Trust Built Over Nearly Two Decades
The Lawler family remains steadfast in their commitment to FOUNDATION after nearly two decades of partnership. The software has not only facilitated the day-to-day operations of Lawler Construction but has also proved to be a reliable partner in their long-term ambitions for growth within the construction sector.
Foundation Software, LLC offers a suite of services, including job cost accounting, estimating, project management, and payroll services, all tailored specifically for contractors. This focus on the unique needs of the construction industry is part of what has made FOUNDATION a vital component of Lawler Construction’s success.
As Lawler Construction continues to thrive in its specialized niche, the partnership with FOUNDATION stands as a testament to how modern accounting software can revolutionize traditional industries. With the ongoing evolution of the company and the construction landscape, both Lawler Construction and FOUNDATION appear poised for further growth in the years to come.
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