NASHVILLE, Tenn., Aug. 27, 2024 (GLOBE NEWSWIRE) — LBMC Technology Solutions, a leader in providing cutting-edge technology solutions and support, is pleased to announce the addition of experienced construction industry professional Misthi Parekh as head of its Sage Intacct Construction division. This strategic move underscores LBMC Tech's commitment to expanding its footprint in the construction sector and continuing to provide leading technology solutions.
“I am excited to join the LBMC Technology Solutions team to provide innovative solutions to the unique challenges facing construction, real estate and development organizations today,” said Parekh. “I have the privilege of helping organizations with complex challenges leverage the right technology to grow and scale their businesses, allowing business owners and leaders to focus on what they do best: building bigger and better companies.”
Highlighting the strategic importance of Mindy's appointment, President Brian Wilton said, “Misty joining the team marks an important milestone in our growth journey in the construction and real estate sectors. We have embraced advancements in technology and are excited to help our clients innovate their back-office operations. The era of remote working has sparked waves of change in 2020 and we are ready to lead the Digital Transformation 2.0 journey and reshape the finance department and beyond.”
With extensive experience in Sage Intacct implementation, accounting and construction, Palek is poised to enhance the company’s service offerings. She is involved in many construction-focused groups, including The User Group (CRE’s TUG), demonstrating her dedication to community collaboration and user support.
“Mishti Parekh's appointment is a testament to LBMC Tech's dedication to innovation and excellence. The company looks forward to leveraging her vast experience to strengthen its service offerings and support the evolving needs of the construction and real estate industries.”
“We are bringing to market a solution purpose-built for the construction industry. LBMC has simplified what are often over-engineered processes for contractors, specialty contractors and development companies with a lot of moving parts that can overwhelm back-office teams. Our solution accelerates implementation and adoption, allowing for a streamlined and virtually painless implementation, adoption and acceleration process,” said Wilton.
Services offered by LBMC Technology Solutions include:
Sage Intacct Construction Essentials: Essential capabilities for core financial users: The leading back-office financial application for construction companies, general contractors and specialty construction firms. Sage Intacct Construction + Sage Intacct Construction Management: Leading finance and accounting software for construction companies with project and job cost management capabilities. This solution suite streamlines construction cost management, billing and finances for growing organizations with multiple entities and locations. Sage Intacct Construction + Sage Intacct Construction Management + Sage Intacct Field Operations: A solution for companies with field service teams and complex billing needs, including AIA billing, project and job costs, real-time reporting and compliance needs. Sage Intacct Construction + Sage Intacct Real Estate: The perfect solution for companies that manage real estate portfolios in addition to their construction and job management needs. Property management, marinas and storage companies face unique challenges when it comes to managing properties and leases, especially when they span multiple entities or multiple states. LBMC's solutions streamline inefficiencies, standardize processes, and comply with ever-changing tax and reporting regulations.
Palek has a large following in the construction and real estate industries, leading user groups and appearing regularly in the media and on podcasts to discuss the key challenges facing construction management and finance teams today. Misty holds a BA in Business Administration from Simpson College and a BA in Computer Science with a minor in Agile Project Management from Southern New Hampshire University. Her career has included leadership roles at Aprio, UHY, Palek Consulting and Prairie Engineering, specializing in Sage Intacct construction and real estate for over 25 years.
In addition to providing construction and real estate services, LBMC Tech also specializes in technology sales, implementation and support to healthcare companies, nonprofit organizations and companies in the technology sector. To learn more about LBMC Technology Solutions and its services, visit LBMCTech.com.
About LBMC Technology Solutions
LBMC Technology Solutions is a leading technology support and services provider specializing in cloud accounting, ERP solutions, managed IT services, cybersecurity and intelligent automation. With a rich history spanning over 20 years and a commitment to customer satisfaction, LBMC Technology continues to be recognized as a leader in the technology services industry. For more information, please contact Nicole Brinson at [email protected].
About LBMC
LBMC is a USA Today Top Recommended firm for 2024, one of the largest accounting and business consulting firms in the Southeast, and an Accounting Today Top firm in the nation. It serves approximately 11,000 clients with diverse needs across a range of industries. Primary client groups include privately held and private equity-backed mid-sized companies in the healthcare, manufacturing/distribution, real estate, and technology sectors. At the forefront of innovation, LBMC leverages advanced business intelligence and AI technologies to drive growth, efficiency, and strategic insights for its clients. Founded in 1984 as a traditional accounting firm, LBMC is now an industry leader in audit, tax, advisory, technology, HR, and wealth advisory services for businesses and individuals. LBMC has more than 900 team members with offices in Nashville, Chattanooga, Knoxville, Tennessee; Louisville, Kentucky; and Charlotte, North Carolina. LBMC has been nationally recognized as a “Best Place to Work” four times and was named a “Best Place to Work” in the Consulting and Professional Services category. To learn more about LBMC's experts and comprehensive services, visit our website or call 615.377.4600. LBMC continues to grow, and job openings can be found on our careers page.
LBMC Technology Solutions Hires Construction Industry Veteran Mishti Parekh as Head of Construction Operations