We help services companies in a variety of industries maintain stability, drive growth and boldly compete using best-in-class ERP solutions.
We used to invoice our clients two to three months out. Now we have reduced that to one to two weeks. That’s incredible, as a business owner, ensuring that the cash flow is there.
In the scoping of what this solution would do for Team Power Solutions, we were at a 1.5-year return on investment. That’s a very strong ROI.
Explore how SAP Business One helps service companies deliver more profitable projects. Get the Info Kit.
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Your title could be CEO, Owner, President, General Manager or similar. You’re responsible for all aspects of the business – from revenue and profit margins to ensuring service quality and customer satisfaction, the buck stops with you. You need to be confident that your teams are in sync and stay on top of small issues before they turn into major problems that impact the business.
Whether your title is CFO, VP of Finance, Controller or Accountant, you’re the money person. It’s up to you to make sure your vendors are paid, payroll is met, payment is collected from customers and financial statements are accurate.
As the Director of Sales and Marketing, VP of Sales or Business Development Manager, you lead the company’s sales initiatives. Your focus is on generating new business to drive revenue. Speed and efficiency are critical to making the most of your team’s time and keeping them focused on the goal – closing deals.
Your title might be VP or Director of Field Services, but you oversee the field service and repair arm of the company. You’re responsible for making sure jobs run smoothly. That includes scheduling the right field technicians and equipment to the right jobs, ensuring contract terms are met, maintaining customer satisfaction, and tracking job costs and profitability. You also need to make sure your staff have real-time access to the information they need to operate in the field.
As the Director of Client Services, VP of Professional Services or Chief Operating Officer, you’re responsible for services delivery in your organization. Quality and timeliness are your two top priorities. It’s up to you to make sure projects are delivered on time, on budget and on par with the client’s expectations.
Your title could be Purchasing Manager, Senior Buyer or Supply Chain Manager. You're in charge of managing vendor relationships, ordering products and materials, and ensuring on-time delivery to meet job schedules.
As the IT Director, VP of IT, CIO or CTO, you oversee the company’s information technology operations. You’re responsible for maintaining technical equipment, staying on top of the latest technology tools and trends, and evaluating changing technical requirements and solutions.
Manage inventory and materials against service jobs using a systematic approach to procurement.
Use process automation to analyze material requirements on a job, then create the necessary purchase orders or material issues
Create purchase requests, purchase orders and goods receipts
Link purchasing documents and view document trails for auditing
Maintain detailed item purchasing information with price lists and tax information
Perform purchasing and item analyses to identify opportunities for improvement
Effectively manage inventory levels based on work-in-hand requirements.
Minimize inventory costs with just-in-time ordering
Accurately allocate inventory and material costs against the proper jobs
Easily correct cycle counts to ensure the quantity in your system matches what you have on the shelves
Simplify item management with multiple units of measure and pricing
Manage stock in multiple warehouses, optimize stock movement and reduce picking times
Run real-time available to promise checks
Gain better visibility and control of your margins and profits by accurately capturing actual costs on your jobs.
Easily track all relevant transactions against a job for more accurate costing
Speed up billing processes with automatic flow-through of job costs
Use flexible billing options to adjust the frequency and billing method based on the requirements of the job
Leverage built-in revenue recognition functionality to bill according to contract terms, while ensuring compliance with international accounting regulations
Automate key accounting processes, like journal entries, accounts receivable and accounts payable
Closely manage your cash flow
Create budgets and financial forecasts based on accurate historical data
Quickly process reconciliations, bank statements and payments
Get a clear picture of your organization’s financial performance at any point in time with standard or customized reports
Complete period end close quickly and accurately
Drive revenue by enhancing your customer experience – from first touch, to deal close and throughout service delivery.
Effectively manage sales opportunities to turn more prospects into customers
Easily maintain a database of your contacts and track all sales activities, on your desktop or mobile device
Provide customers with accurate estimates and delivery schedules based on real-time information
Identify top performing customers with comprehensive reporting at your fingertips
Capture time and expense details against the job on your phone or tablet
Access real-time job scheduling
Review and approve time and expense entries before updating financial data to the job
Easily manage documents related to your jobs in the field
