Financial Management for Contractors: Beam Software Explained by Adam Eagle

In this insightful episode of Business Success Tips, Paul Sanneman, founder of Contractor Staffing Source, interviews Adam Eagle from Beam-a revolutionary software transforming the construction industry. 🚀
"What I noticed was there weren't a lot of players and there weren't a lot of great software products out there for construction... This to me was always confusing because growing up I loved this stuff and I just know how important it is that we have housing and infrastructure for the country." - Adam Eagle
Timestamps
0:00 - Introduction to Paul Sanneman and Contractor Staffing Source
1:30 - Adam Eagle's Background: From Military Family to Software Development
5:45 - The Birth of Beam: Addressing Financial Management in Construction
11:20 - Key Features of Beam: Invoicing, Payments, and Job Profitability
18:50 - Market Gap and Beam’s Unique Offering
25:00 - Customer Benefits: Saving Time and Money with Beam
32:00 - Beam Pricing and Options
38:45 - Contact Information and Final Thoughts
Highlights from the Interview
1. Adam Eagle’s Inspiring Journey:
Adam shares his unique background, growing up in a military family and discovering his passion for architecture and coding at a young age. His early experiences led him to create and monetize games, paving the way for his future in software development.
2. Career at Stripe:
Adam's tenure at Stripe provided him with deep insights into the financial technology sector. He noticed a significant gap in specialized software for the construction industry, which led to the creation of Beam. Beam addresses the critical financial management needs of contractors.
3. Beam’s Mission and Features:
Beam is designed to streamline financial operations for construction businesses. The software offers features such as:
Invoicing and Payment Processing: Efficiently manage invoices and payments.
Subcontractor Billing: Simplify billing processes with subcontractors.
Job Profitability Tracking: Keep a close eye on job costs and profitability.
Integrated Banking: Store funds on Beam and earn 2.5% APY.
Charge Cards: Issue charge cards for easy expense management.
4. Filling the Market Gap:
Unlike generic financial tools like QuickBooks, Beam is tailored for the construction industry. It offers specialized functionalities that cater to the unique needs of contractors, helping them save time and money.
5. Customer Benefits and Flexible Pricing:
Beam provides both free and paid versions to accommodate various business sizes. The paid version includes advanced features for commercial and large-scale residential contractors. Contractors using Beam experience significant time savings, improved job profitability tracking, and reduced need for additional office staff.
Why You Should Reach Out to Paul Sanneman and Adam Eagle
Paul Sanneman is dedicated to helping contractors build exceptional teams, and this episode provides valuable insights into optimizing financial management within the construction industry. Adam Eagle’s expertise and innovative approach with Beam can revolutionize your business operations. Don't miss out on the opportunity to learn from industry leaders and enhance your business efficiency.
🌐 Connect with Adam Eagle and Learn More About Beam:
Website: beamsoftware.com/
📞 Reach Out to Paul Sanneman:
Website: www.contractorstaffingsource.com
Phone: [phone]
Engage with Us!
We love hearing from our viewers! If you have any questions or need more information, don't hesitate to contact Paul Sanneman or Adam Eagle directly. Their combined expertise can provide you with the tools and knowledge to take your construction business to the next level.
Don’t forget to like, share, and subscribe for more business success tips!
Hashtags
#contractorrecruiting #recruitment #contractorrecruiter #recruitmentstrategies #constructionmanagement #financialsoftware #constructionindustry #BeamSoftware #businessgrowth #contractors #constructiontech #constructionfinance