Case Study: Livermore, California-based Company streamlines multi-company accounting with Construction Partner

Livermore, California-based Company cuts 401(k) reporting from 40 hours to 2 with Construction Partner

A Livermore, California-based commercial painting company faced an accounting challenge while pursuing an ambitious expansion plan across 11 western states. After acquiring companies in Washington and Oregon, the firm, led by President and CEO David T., struggled to consolidate financials from three companies using two different software systems. This multi-state operation created inefficiencies, requiring data to be entered multiple times. The company turned to its vendor, Construction Partner, for a solution using its construction accounting software.

The solution involved converting all companies to the Construction Partner software, which was deployed from a central server using Microsoft Terminal Server for remote access. This provided a unified, multi-company accounting system. The results were significant, including streamlined management, robust data security, and greater efficiencies. Construction Partner delivered a measurable impact by reducing the time for 401(k) compliance reporting from 40 hours to just 2 hours. The system's scalability and low cost of ownership supported the company's growth, with revenues increasing from $16M to an expected $20M.