Eric Schmitt founded Schmitt & Company in 2000 after nearly 20 years of custom residential and commercial construction experience. Specializing in the construction of boutique wineries, tasting rooms and accompanying residential properties in the greater Napa Valley, Schmitt & Company also offers custom concrete-and-steel fabrication and an incredible attention to detail needed for some of wine country’s most unique properties.
As Schmitt & Company has grown over the years and added complexity to its operation, it was time to automate its Accounts Payable (AP) functions and improve workflows. Two primary drivers fueled the adoption of the APiO Platform: 1) the need for automation and integration with its existing accounting and construction management software; and, 2) the desire to accelerate payments to vendors, suppliers and subcontractors and improve cash flow.
According to Eric Schmitt, CEO of Schmitt & Company, “getting our subcontractors paid quickly is a major benefit to them and to our customer. In fact, it helps ensure that we can hire and retain the very best subcontractors. These same subs, on other jobs, might be required to wait as long as 90-120 days before getting paid for their work. With APiO, we can get them paid in as little as 24 hours, which is absolutely amazing.”
Schmitt & Company is based in Napa, CA and can be found on the web at www.schmittcompany.com.