Constructing a process to eliminate revenue leakage Using job management software to control and profit from scope creep
@NextMinuteApp
Emily Mason, Partner Manager, NextMinute I have worked in the cloud accounting space for the past 8+ years, in both an accounting & bookkeeping firm and within the Xero Ecosystem. I see NextMinute as the upcoming job management system for trade & construction clients because of the excellent Xero integration for timesheets, invoices and bills and accessibility on iOS, android, tablets and computers.
Leaky tap? Call a plumber. Leaky pool? Call a tiler. Leaky roof? Call a builder. Business leaking money? Call a... Bookkeeper, accountant, all of the above?
G
enerally, tradies on a job site know the what, when, who and why of the job. However, this information is often hand-written on a post-it note or worse, it is just in their head. You, and them, know the business is bleeding money, but you don’t know where from. How are you meant to help them if the information of every job is being retained somewhere inaccessible.
140 / Issue 27
In the accounting world, we all know of “scope creep”, it has been discussed time & time again, and of course we are not the only ones affected.
growth in the scope of the job but it can cause a negative impact when there is no system in place to deal with it, or ability to identify it.
For the trades it is more commonly referred to as “variations” specifically on a fixed price job.
I hear the same scenarios over and over from tradies: 1. “If it is less than $500, then we just write it off” or; 2. “If it takes less than 1 hour, we just get on and do it” 3. “I told the client whilst we were
Scope creep is not a bad thing, it is unplanned & unexpected
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