Uncovering Hidden Profits
Manage episode 497323624 series 3566563
Chloe Brown, founder of Wildest Dreams, discusses the importance of accurate job costing and financial tracking in construction. She highlights that many builders fail to recoup thousands to hundreds of thousands of dollars per job due to inadequate financial management. Brown emphasizes the value of using tools like Adaptive for better integration and efficiency, noting that Adaptive's user interface significantly outperforms QuickBooks. She also stresses the significance of optimizing the Accounts Receivable (AR) cycle to improve cash flow and financial health. Brown offers free consultations to help builders improve their financial operations.
https://www.thinkwildest.com
Show Notes:
Chloe Brown's Introduction and Background (0:00)
Chloe's Sales Consulting and Custom Solutions (1:45)
Transition from Custom Solutions to Adaptive (12:30)
Case Study: Uncovering Unbilled Costs (12:45)
Impact of Cost Codes and Financial Tracking (16:27)
Forensic Audits and Adaptive's Role (26:00)
Improving Cash Flow and AR Cycle (31:44)
Technology's Role in Construction (47:01)
Find Our Hosts:
Reece Barnes
Matt Calvano
Podcast Produced By:
Motif Media
39 episodes