What I’m Reading | Savannah Edwards
8-9-24 The underlying thesis to this retreat of Venture Capital in tech isn’t that they don’t want to invest, it’s that they are having a harder time finding deals. We believe this is because tech isn’t about mile wide, ‘inch deep’ tools. At LCP we are focused on super deep tools focused on specific workflows and processes in large, data-dysfunctional businesss categories with huge proprietary datasets for us to master, like particular workflows in Commercial Real Estate.
At LCP, we’ve leveraged Zoho’s expense report technology so our professionals can easily submit receipts right from their phones; this seamless integration between our books and clients’ invoices has simplified our expense management workflow, saving time and ensuring accuracy in our reporting.
Successful project managers know that new technology can make or break a company’s future. AI has the tools to facilitate improved project scoping, site selection, and can develop risk mitigation strategies quicker than ever before- which leaves it up to leaders like us on how to best capitalize on it.