- Absolute Drywall, a residential and small commercial drywall installation provider, grew 212% in 2013-2014, and has been growing consistently at 10% month-over-month since May 2018
- The company started by working with 4 houses per month, grew to work with 300 houses per month at their peak, and now aims to work for a minimum of 100 houses per month
- With QuickBooks Enterprise, Absolute Drywall created a job costing system that can track profit margins by specific addresses, communities, or builders.
As August 2017 drew to an end, Absolute Drywall’s chief operating officer Jennifer Speck braced for trouble.
Her construction company’s office in Pearland was about to go underwater with Hurricane Harvey fast approaching. Desperate to save her accounting and financial records, she got in touch with her mentor Robin Hall, a QuickBooks Solution Provider at VARC Solutions, to try and salvage what she could at the last minute.
“When the water was rising, Robin called me back and I was in panic mode. She said, ‘We need to make sure you have a full backup and you need to transfer it to me,’” says Jennifer.
So Jennifer immediately called Intuit and told them that her server could be underwater in the next 10 minutes.
Unfortunately, Jennifer was right. Absolute Drywall lost everything under 36 inches of water, including their paperwork and all but one of their computers. Fortunately, Jennifer had acted quickly and was able to save her QuickBooks file containing all the company’s financial information.
“If I wouldn’t have had those financials, I would have been in a world of hurt because everything was gone. We took on three feet of water and it was horrific,” Jennifer remembers. “That’s something I learned from Harvey. Make everything electronic.” It was a lesson another QuickBooks Enterprise customer learned over a decade ago from Hurricane Katrina.
In Hurricane Harvey’s aftermath, the company transferred everything to the cloud. Every document was scanned and entered into QuickBooks. Their process was so meticulous that they shocked their CPA during a recent tax audit.
Jennifer recalled the CPA said, “I’ve never had a sales tax audit that didn’t take two to three days.”
Absolute Drywall’s took two hours.
This efficiency was a direct result of Absolute Drywall’s team inputting vital documents into QuickBooks Enterprise, making it simple and easy for anyone to access the information they need at a moment’s notice.