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Editor’s note • This story is available to Salt Lake Tribune subscribers only. Thank you for supporting local journalism. A temp agency, a mysterious entertainment company and a medical clinic are among the Utah businesses that last year snagged federal relief loans of $10 million, maxing out on the funding available to them through the Paycheck Protection Program. More than 52,000 Utah companies received an infusion of cash during the first round of the small-business lending program, with 824 of those employers getting more than $1 million from the government. For some of these businesses, the forgivable loans served as a financial life raft to get through COVID-19, helping them stave off employee layoffs or insolvency even though their profits were tanking. The payments could be used for costs from payroll to rent and utilities to interest due on existing loans. ....
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Integrating Field Ticketing with Construction Accounting Halves Great Basin’s Billing Labor and Time to Get Paid Industrial contractor replaces spreadsheets and manual data entry with a mobile app integrated with its accounting ERP to improve billing, improve productivity and take more money to the bottom line several ways December 9, 2020 Real-time integration made field data immediately available to Great Basin Industrial s back office, and the automated production of field tickets replaced manual entry and T&M consolidation. Great Basin Industrial Great Basin Industrial’s outdated billing process, capturing in spreadsheets time-and-materials data for work performed, was shorting the company’s pay, slowing payment and costing way too much to maintain. The heavy constructor with offices in Utah and Texas largely fabricates and installs pipes and tanks for the oil and gas industry, but also does electrical, coating, scaffolding and rail services in t ....