We just returned from the 2019 Acumatica Summit, where industry experts pulled back the curtain on emerging trends in the construction industry. Insider CPAs, construction company controllers, industry consultants and Acumatica partners shared insights that forecast the coming landscape for construction in 2019 and beyond. Four common themes emerged that are top concerns for forward-thinking construction companies.
For non-profit organizations, funding reports were never a fun part of the job. But for years, they were relatively safe. In the last few years, though, your organization's funding reports could actually put you in danger of being audited.
Topics: Compliance, Nonprofit Industry Solutions
December is the time of year when a lot of construction companies are doing their audits, meeting with accountants and seeing what systems are out there. They've completed most of their projects and now they're looking at what they want to do in the next year. If you're looking to outsource your payroll in 2019, here are some things you'll want to look at.
If your payroll personnel are tired of spending half their week on manual calculations and payroll policies, it may be time to look into an automated integration solution. Automation can eliminate manual data entry errors, and reduce hours of onerous work to a few seconds.
Topics: Compliance, Construction Industry Solutions, Professional Services Industry Solutions, Restaurant & Hospitality Industry Solutions, Manufacturing Industry Solutions, Non Industry-Specific Solutions, Agriculture Industry Solutions, Nonprofit Industry Solutions
This has been a tremendous year for us at IDI. We’ve spent a lot of time visiting with our partners and working with hundreds of your clients. We’ve also written a bevy of blog posts that our clients and partners found incredibly valuable. And so, to celebrate a terrific 2018 and look forward to an exciting 2019, we’ve collected our top MVPs (most valuable posts) of the year for your review. Enjoy!
Topics: Construction Industry Solutions, HCM Industry Trends, Professional Services Industry Solutions, Restaurant & Hospitality Industry Solutions, Manufacturing Industry Solutions, Non Industry-Specific Solutions, Agriculture Industry Solutions, Nonprofit Industry Solutions
There's a myth going around the construction industry. Many contractors are operating under the belief that if you want to outsource your payroll, time and HR, you're out of luck. You won't be able to find an HCM system that can meet the complex needs of construction companies.
Topics: Construction Industry Solutions
The Fair Labor Standards Act (FLSA) and overtime regulations have been in the headlines lately, with a focus on the evolving nature of labor laws and little-known details that could surprise you. Of special note are potential changes to employment laws, now that Democrats control the House.
Topics: News and Events
For construction companies, using an outsourced payroll/HR system usually means dealing with two payroll systems. Employee updates are made in multiple systems and clunky workarounds are shoehorned in place to reconcile the general ledger. These companies spend hours upon hours managing their data manually to ensure both systems have the right results.
Topics: Construction Industry Solutions, HCM Industry Trends
Need to purchase a new human capital management solution for your construction business? An HCM system is a major investment, and it has implications that contractors need to be aware of. The right purchase will boost your business and help you stay in compliance with changing labor laws. But the wrong HCM system could create more headaches for your company.
Topics: Construction Industry Solutions
The Fair Labor Standards Act (FLSA) has been in the headlines lately, with a focus on the evolving nature of labor laws and little-known details that could surprise you. Of special note is the DOL's upcoming proposed changes and their impacts on employers.
Topics: News and Events
