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Edward - CEO

Edward O’Leary is co-founder of Abtrac, a time management, billing and project management solution for professional services businesses in Australia and New Zealand. He has had more than 20 years advising time based billing businesses such as architects, professional engineers, surveyors, planners, cost estimators PR and HR agencies, general consultants and others on how to effectively monitor, measure and manage their services business to streamline processes and achieve a stronger bottom line.

Recent Posts

Managing in the information age

Posted by Edward - CEO on 25/10/2019

Abtrac CEO Edward O’Leary gives his experienced thoughts on managing in the information age

Coming through immigration after a trans-Tasman flight, I stepped up to the facial scanner and got quite a surprise to hear the machine say, “You’ve put on a little weight Ed. Watch what you eat when you’re away next time.”

Ok. Ok. That’s a joke. It’s not true.

But this is. In a Melbourne café I overheard a manager talking to a supervisor. “I see Vanessa is going to Europe for a hen’s party late next month. Has she applied for annual leave?”

“No. I didn’t even know. How did you know?”

 

“The company has HR go through everyone’s Facebook each week and we get a report.”

 

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Topics: In the workplace

5 Things to Help You Focus on Business Management

Posted by Edward - CEO on 18/09/2019

 

The best time is now!

 

You’ll be hard put to find a news site today that doesn’t have a bad forecast for the global economy. There’s plenty of talk about with Brexit, and the US/China trade war. Even locally we read that the majority of people in our lovely lands are inexorably falling behind economically. “The decline of the middle classes.” Indeed we probably all know people who are struggling right now, trying to keep up, trying to live within tight financial constraints.

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Topics: In the workplace, Money Management, Staff Management

Why Xero Users Love Abtrac

Posted by Edward - CEO on 18/09/2019

 

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Topics: In the workplace, Money Management, Staff Management, Xero, Accounting Software, MYOB, Project Management, Job Management

Fighting Middle-Aged Spread

Posted by Edward - CEO on 22/07/2019

Some people get to a certain age and one day they look in the mirror, or maybe they try on their favourite shirt, and they wonder, “What happened?”. What happened to that well ripped body.

 

The six pack is morphing into one squidgy ab. And the pecs are slowly reaching down for our belly button. The problem is, some people ‘let things go a little’. This doesn’t happen to everyone. But it does happen.

 

Like middle aged spread in some of us, at a certain age, some businesses go the same way. The founding directors, even though it’s still their business, ‘let things go a little’. I see it all the time. Businesses get busy. Founding directors get busy. And things slip passed them that wouldn’t have got through a few years earlier.

 

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Topics: In the workplace, All

The most important things in business management

Posted by Edward - CEO on 07/06/2019

Everybody knows where you’re most likely to be told “Say ahhhhh”. For a routine medical check-up you go to the doctor. They’ll use tools to measure your temperature, check blood pressure, listen to your heart and check your lungs. The big ice-cream stick comes out and you’ll be told “Say ahhhhh”. Doctors always start by properly checking out our body’s vital signs. Everything else depends on them working properly.


They actively go through a standard series of measurements and observations. Only then can they give feedback and advise on any actions that need to be taken.

Businesses are in need of routine check-ups just as people are. It’s part of business management. And whatever the scale of your business, getting the right stuff, the stuff your business needs to have working properly, comes down to one thing, understanding the current condition.

This means business information systems to help you measure, and thus manage, the business. So what to measure.

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Topics: In the workplace, All, Money Management, Staff Management

Time Management  -  Is Your Business Losing Time?

Posted by Edward - CEO on 20/05/2019

Talking with a prospective client, a director’s big concern was they were writing off too much each month. Their initial email said “Our business is leaking time”. After some discussion I suggested they meet routinely and have staff agree on expectations of how long each piece of work should take. Things will then more likely be done within agreed times and thus agreed client budgets. This could plug the leaks and reduce their write offs.

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Topics: Insider, In the workplace, Money Management