When it’s time to do strategic planning and the topic of benchmarking comes up, architecture and engineering (A/E) firms often ask, “What’s the benefit of it?”
While it may be true that benchmarking for the purpose of comparing your firm to others may not be particularly useful, there are many other uses you may not be considering.
We’re pleased to announce that Architosh named Factor A/E its 2022 AIA National Best of Show in the Cloud category at the national convention and expo in Chicago.
Finding the ideal software solution is an important step in managing your architecture or engineering (A/E) effectively. But it’s just the first step. Next, you’ve got to implement that system, train your people, and get them comfortable using it. Of course, even with the most intuitive systems, implementations can “go sideways” for various reasons. Fortunately, you can take action to ensure a successful system launch.
QuickBooks Online (QBO) is a powerful financial tool that pairs well with architecture and engineering (A/E) project manager platforms. But to migrate your data to QBO efficiently and effectively, you’ve got to know the benefits of making the move and how to prepare properly for it.
If you generate invoices manually every month, you probably don’t look forward to that task. And, if you’re committed to providing precisely the information each client wants to see in a layout that makes sense to them, you face an even more significant time commitment. There is an easier way! Technology can bring you a variety of invoice templates that will satisfy the requests of your A/E clients.
Times are changing. Employees no longer plan to stay with one firm for decades—particularly if it becomes clear that they won’t be getting the role they’re focused on. They want to be PMs and they want to start their training asap. That means A/E firms have to be intentional about how they “groom” their talent if they want the best employees to stick around.
The exclamation “Happy Holidays!” typically rings a little hollow for architecture and engineering (A/E) firm accountants. Instead of being fun and festive, the end of the calendar year is one of their busiest times (along with tax season), as they scramble to complete a variety of tasks. However, there are ways that A/E firm accounting departments can complete those tasks without all of the usual stress.
QuickBooks scales just fine for general accounting tasks and can work for firms of all sizes. As a business scales up, they may have additional needs beyond accounting, but that doesn’t mean QuickBooks doesn’t still perform. You might just need something other than an accounting package to run your firm.
There’s a common misconception in the architecture and engineering (A/E) industry that QuickBooks is a good tool for small firms but that organizations can’t continue using it as they grow. The reality is that QuickBooks is great for general accounting tasks for firms of all sizes.
Most architecture and engineering (A/E) firms don’t have much in the way of financial management controls in place. And interestingly, given their lack of payroll expertise, most nevertheless feel they need to handle it internally.