Many of our customers at APH are small and medium-sized businesses that work in project engineering, contract services and professional services. Often, they start talking to us because of a very specific problem that relates to the nature of their work – they’re struggling to accurately monitor the cost and profitability of projects. They struggle with preparing quotes for their customers and managing resources, time, staff, material issuing & purchasing on a job-by-job basis. Not only that, they struggle with monitoring a project’s profitability and reacting as demands and customer needs change.
“Many companies now recognise that their job costing systems are inadequate for today’s powerful competition. Systems designed mainly to value inventory for financial and tax statements are not giving managers the accurate and timely information they need to promote operating efficiencies and measure product costs.”
If your company is a small or medium-sized business that needs to integrate accounting, sales and purchasing data, SAP Business One is a highly competent solution. The system works extremely well for manufacturers, but also companies in the retail and wholesale distribution sectors. In our many years as a SAP Business One partner, we’ve implemented the system in a wide variety of businesses across the UK.
If your managing director called you into his/her office and asked for an accurate update on the costs of every project currently in progress across the business, could you provide it?
Excel has been one of the finance director’s most reliable tools for a long time. Particularly in small and medium-sized companies, Microsoft’s industry standard spreadsheet application is a versatile and accessible platform that serves a huge variety of purposes in the average business. On its 25th anniversary back in 2010, Excel was even described as “perhaps the most revolutionary software program ever” by Business Insider.
SAP Business One is now used by more than 47,000 companies worldwide to streamline key processes, access vital information about their business in real-time and drive growth.
Visibility of data. Access to job information in real time. Regular readers of this blog will know that these are recurring themes for us here at APH.
Cash-flow and forecasting – as a finance director, a large number of the conversations you have with your MD on a daily basis probably revolve around these two issues.