
Help Us Help You - Assessment- Rigorous analysis of your business needsBest Solution- Industry leading software or custom developmentDeployment- Cost effective and efficient
Contego Group offers a full range of ERP management services to help you and your business Take Control – gain visibility into your whole business.Trust Your Data – Improve data accuracy and reliability. Improve Margins – Course correct with real time data. Reduce Operating Costs – Improve efficiency with improved workflow. Improve your Business Intelligence – Turn data into useful information.
What is an ERP?
Combine operations and finance into one system with intelligence and workflow.
1. Put everything in.
- Time & expenses
- Project budgets and change orders
- Inventory, materials & equipment
- Client information and invoicing requirements
- GL and account structures
- Employees, suppliers & contractors
- Multiple companies & currencies
2. Achieve productivity and efficiency.
- Configure the system to automate simple tasks
- Use workflow and alerts to automate communications and approvals
- Allow departments to view, add or change only relevant data
- Everyone is up to date in ‘real-time’
- Manage and optimize resources and people
3. Create business intelligence and agility
- Project Managers track and manage project profit margins and control costs
- Accounting departments invoice quicker and reduce receivables
- Finance gets a full picture of organizational health and cash flow
- Executives gain new business intelligence
What to look for: These core functions make all the difference
These functions are some of the features that will set a good project accounting system apart from a mediocre one.
- Project budgeting
- Change orders
- WiP (Work in Progress)
- Flexible Billing – change rates, hold time, choose when to bill time & expense
- Flexible revenue recognition
- Create the reports that matter to you
- Project allocator – an if/then rules engine that intelligently flows your project costs and revenues into your GL
But wait, there’s more! An ERP can include many more functions…
- Build to order
- Build to sell
- Inventory & Purchasing
- Resource Planning
- Service Contract
- Service Dispatch
- Contract Management
- Equipment Management
- Integrated CRM
- Manufacturing
- and more? …possibly.
Just as you are unique, so is each ERP system.
Each ERP system has it’s own strengths and weaknesses, and available modules. To help you navigate this:
- Be clear on your priorities and then match them against what’s available and configurable.
- Your final decision should include prioritizing a list of requirements.
- Ensure that each problem you solve is actually going to add value to your organization in the long run.
Tip: Don’t fall into the trap of thinking that every possible feature will be used or needed. Just because it’s possible in a new system, it doesn’t mean it’s going to improve your processes, increase efficiency or add to your bottom line.
What’s Next?
- How do I know it’s time to start the conversation? Find Out More.
- How will this system help me in my role? Executives, Finance & Accounting Managers, Project Managers
- Start the conversation. call or email us.