Enterprise Resource Planning
Reflection is made on ways that are used to integrate the data and processes of an organization into one single system, using sub-systems that include hardware, software and a unified database in order to achieve integration, to store the data for various functions found throughout the organization.
We have partnered with Maconomy an Enterprise Resource Planning (ERP) vendor, who offer a fully fledged solution for professional service organization. Below are Maconomy Capabilities;
The cornerstone of any business solution is the financial ledgers. Maconomy is no exception and provides a fully integrated set of ledgers comprising:
- General Ledger
- Accounts Receivable
- Accounts Payable
- Finance Budgeting
- Fixed Assets
Financial ledgers are essential when it comes to managing your business. What makes Maconomy unique is the fact that all the core financial ledgers are fully integrated with Maconomy’s comprehensive job costing module. This means that Maconomy can support all aspects of your daily business and at the same time empower you to improve the efficiency of your accounting processes
The CRM Module is a key source of information for sales & marketing staff and other people who need information on their active prospects. Having selected the relevant prospect, the key contacts, their role in the buying process and the interaction with different people can be viewed in the contact management history.
You can track what literature has been sent, which seminar they were invited to, whether or not they attended and any follow-up phone calls or meetings, The CRM module can help reduce the risk of budget overruns by allowing your sales force to create detailed budgets as early as the sales phase. Sales estimates and prices can be based on templates, providing your sales force with a tool for calculating a quote price which is soundly based on experience from similar projects and takes all deliverables into account.
The most important asset in any project oriented organization is its staff and hence effectively managing your human resources will have a positive impact on a company’s current and future financial results. Successful HR departments need to have full control over all HR data to enable them to answer senior and department managers’ employee-related questions and to provide a good service to all employees Organisations need to have a powerful tool for supporting processes around recruitment, training and employee issues allowing HR staff to focus on activities that add real value to the company rather than on tedious and time consuming administrative tasks.
Organisations need to have a powerful tool for supporting processes around recruitment, training and employee issues allowing HR staff to focus on activities that add real value to the company rather than on tedious and time consuming administrative tasks.
To improve project profitable your ERP solution should support all stages of the project life cycle; from presales over project execution to reporting and follow-up. Maconomy enables you to tie everything together. Creating a realistic budget is crucial to achieving project profitability. Maco-nomy helps you reduce the risk of budget overruns by allowing your sales force to create detailed estimates, budgets, forecasts and set prices as early as the project sales phase. In order to improve cash flow management and forecasting, figures can be distributed across the financial year.
For many Oganisations, quick and accurate registration of employees’ time sheets is a key factor in the ability to optimise project and resource management, manage costs and drive profitable behaviour. Being able to quickly and easily capture the time your employees use on scheduled, as well as odd jobs during the day – replying to e-mails and answering calls from customers, day-to-day visits and other short-term services – is crucial for increasing the number of hours being accounted for and subsequently invoiced.