Uncategorized

SAP Business One: Ultimate job costing system for engineering services

Engineering services companies need a robust and efficient job costing tool. Too often, their existing software is incapable of meeting this requirement. They rely on a combination of accountancy software, project management applications and spreadsheets that don’t share data with each other, and therefore cannot provide the visibility needed to cost jobs accurately. For these businesses, being able to monitor the profitability of each project as it progresses can seem like a distant dream. But it doesn’t have to be…

How SAP Business One can help engineering services drive growth

Fix the 4 ways contract services suffer job profitability issues

Almost every company can say their always busy, but not many of them generate the kind of profits they’d like to. In an industry like engineering services, it can seem the conveyor belt of contracts and projects is never-ending and there’s barely enough time to fit it all in, but your revenue figures never quite reflect that frantic level of activity.

3 expert tips to increase job profitability with a mobile workforce

Keeping a close eye on job profitability is essential for all project engineering and contract services companies, but it can be particularly challenging for those with many contracts and a large number of staff out in the field every day.

Why poor job costing by your ERP can damage your business

For companies that generate the majority of their revenue by servicing products or equipment, accurate job costing is absolutely vital for building a profitable and sustainable business.

Is job costing the key to growing your engineering services?

It is universally acknowledged that a business cannot succeed – i.e. grow – without an accurate picture of how much it costs to serve its customers. Despite this understanding, many companies still neglect the process of job costing.

Increase your margin using Job Costing

What is a great way to increase your margins in the long term?  

Real Information, Real Time, Real (Financial) Results

Legacy SME systems need to be updated

 As technology evolves, so do data systems.  New architecture means they are now smaller and more efficient. Soon, your legacy system will be obsolete because it simply will not be able to keep up.  And businesses need to update and adapt to changes – mobile and e-commerce, for example – so they are not overwhelmed and by-passed.