Construction professionals at work

Hi, my name is Molly and I’m an accountant at Levelset.

A typical day in the life of an accountant consists of multiple tasks such as monitoring/responding to a crush of emails, keeping up with accounts payable and receivable, phone calls from both customers and vendors, organizing/tracking multiple daily administrative tasks, and more. As any accountant reading this surely knows, the role of the accountant in a modern-day business consists of a lot more than just “bean counting.”

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Accountants Wear Many Hats

Often accountants will take on many important administrative tasks in addition to their accounting work. Therefore, they tend to wear many hats around the office. Some of these tasks may include stocking the company kitchen with goodies for employees to enjoy throughout their workday or scheduling team bonding events around the office. Within the construction industry, another task accountants tend to take on is lien rights management.

Because the accountant’s world exists largely behind the scenes in support of the company’s revenue-generating activities, fully understanding the products or services that are behind the company’s mission can be a challenge. This was true for me when I came to work at levelset, since we all know how complicated lien rights management is!

Even though I had exposure to the construction industry and its payment issues through my father’s land surveying business, my knowledge of liens and the legal side of the construction industry was limited. As a fellow accountant, let me be the first to say, lien rights management is not easy to grasp. And sometimes, the best way to take on a new challenge is to get help from an expert.

Don’t Be Afraid to Reach Out

In my career, reaching out for help from experts has been a crucial part of mastering my job. For instance, payroll is a very complicated and exacting process, and I was out of my comfort zone when it came time to take this task on. I decided to call on a payroll expert to help, and I’m very glad I did. Utilizing this resource wasn’t free, but the benefit to the company far outweighed the cost. Today I have more time to complete my essential financial and accounting tasks because I’m able to fully rely on the experts to process our payroll. In this case, outsourcing provided benefits across the board and had a direct impact on levelset’s bottom line.

So why not let levelset wear one of those hats – the “lien rights manager hat” – for you? As a fellow accountant, I know how difficult the lien process is to understand (seriously, if the mechanics lien process wasn’t so complicated, levelset wouldn’t even exist!). We don’t just sell you our software and then send you on your way. We are there with our customers every step of the way, not only helping them to understand how our technology works, but also, educating them (and really, the entire construction industry) on all of the issues surrounding payments, lien rights, bond claims, construction notices, and much more.

If a fellow accountant in the construction industry asks me what levelset does, this is what I would say in response: levelset is an affordable system that you can rely on for all your tracking and reporting needs to help you reduce your financial and payment risk, and last but not least, to get paid faster and in full.

If any accountants out there want to ask me any questions accountant-to-accountant, please leave a comment below and I’ll get right back to you. Thanks!

Article Name
A Day in the Life of a Construction Accountant
Often accountants will take on many important administrative tasks in addition to their accounting work. Therefore, they tend to wear many hats around the office; and in the construction world, lien rights management is a pretty complicated one to wear.
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