The Ryelec team are in the house! 

Today we are joined by Tommy and his right hand person Max. 

As we all know, Ryelec is one of the industry leaders in the home and commercial automation space. 

If the definition of excellence is doing what you do with a good attitude; then Ryelec is no doubt excellent. Not only are they good at their job, but they are absolute legends to deal with too. 

Max has been with Ryelec for (almost) 10 years now and has seen the company go from vision to execution, from strength to strength. 

Today we talk through automation, training operations managers, management, pricing, diversification, exciting jobs + much more. 

Definitely check out their insta @ryelecautomation to see some more of them. 

Enjoy the pod xx 

Keywords

cost management, financial insights, business software, overhead costs, quoting process

Summary

The conversation delves into the importance of cost management in business, highlighting how the speaker realized they were losing money on certain jobs due to not accounting for overhead costs. The implementation of management software has provided real-time insights that aid in the quoting process, ensuring that the business meets its financial targets.

Takeaways

We were actually losing money on certain jobs.

I just wasn't taking into consideration the cost of the overheads.

It's actually helped me.

Now I can see in our management software in real time.

Helps when the other guys quote.

We're actually hitting the level that we need to hit.

Titles

Mastering Cost Management in Business

The Importance of Real-Time Financial Insights

Sound bites

"We were actually losing money on certain jobs"

"It's actually helped me"

"Helps when the other guys quote"

Chapters

00:00 Understanding Cost Management in Business

00:33 Real-Time Financial Insights for Quoting