b'ACCOUNTING COLUMNAVAILABLE FUNDING TO TRANSFORM YOUR BUSINESSC D A PA L L O W S O R G A N I Z AT I O N ST OA C C E S S U PT O $ 1 5 , 0 0 0 O F G O V E R N M E N T G R A N T M O N E YT H R O U G H BY BRIAN LAVECK, CPA, CA T H E B O O S TY O U R B U S I N E S ST E C H N O L O G Y G R A N The real estate and construction sectors are both dynamicManage timesheets;T and demanding. Businesses are challenged by inflation, marketplace volatility and the high costs of labour andConduct payroll integrations;materials. Doing everything you can to streamline your operation and ensure youre getting decent margins is critical.CanadasImprove safety; andDigital Adoption Program (CDAP)could help.Enhance cyber security.CDAP allows organizations to access up to $15,000 of government grant money through theBoost Your Business Technology grant.But where do you start in a digital world thats evolving faster than The money can be used to engage digital advisors from MNP andthe speed of light? Whats going to give you the biggest benefit? offset the costs of planning your businesss digital transformationHow can you ensure your digital transformation is going to take journey. Its ideal for small to mid-sized businesses looking toyou where you want to go?become more competitive and profitable through the strategic use of digital technologies. Thats the point of the Boost Your Business Technology grant. It allows you to hire experts in the digital field who will help you WHY DIGITAL TRANSFORMATION? identify your issues, prioritize your needs and put a plan in place Digital transformation focuses on leveraging modern technology tofor the future.standardize, streamline and automate processes in order to deliver greater value to your customers and stakeholders. It enables smallWORKING WITH A DIGITAL ADVISORto mid-sized businesses to increase sales, improve profit marginsYour MNP digital advisor can help you determine whether you and enhance the customers experience. qualify for CDAP funding and which stream would be best for Your real estate and construction business can use digitalyour business. Completing the application with the help of your transformation to: digital advisor will also help maximize your funding and the likelihood of approval.Enhance customer service and customer experience; Your digital advisor will conduct a business needs assessment to review your operations, current technology and business strategy Make data-driven decisions; to identify where you can benefit from digital transformation. The advisor will then identify platforms and capabilities that Automate manual processes; will support your budget and business objectives and give you a cost / benefit analysis of the top options. Finally, well design a Perform cash flow analysis and analyze project profitability; comprehensive digital strategy with steps, timelines and resources to achieve your short- and long-term transformation objectives.Ensure quotation consistency and accuracy;Once your digital adoption plan is developed, our engagement Improve work order processes; through CDAP is completebut our relationship doesnt end there. As a full-service technology firm, well be on hand to help Manage inventory; you implement your strategy. Our full suite of solutions includes industry-leading platforms, relationships with leading vendors and Track change requests; project management expertise.26 SOUTHERN INTERIOR CONSTRUCTION ASSOCIATION'