Benefits of ERP
The right technology applied correctly cuts transactional costs and drives out hidden expenses while freeing staff to focus on revenue generating activities. Implementing ERP and the related software can grow business bottom lines anywhere from 5% -12%. We have worked on over 350 projects in the last 15 years. We’ve seen what makes companies successful, we’ve also seen the common pitfalls. We help your team by providing the structure, framework and methodology that has been used time and again by the most successful project teams. Benefit from ERP today!
WHO: A pharmaceutical manufacturer with an annual revenue of $400 million was considering $5.2 million software bids to control manufacturing, supply chain, operations and accounting.
PROBLEM: The software bids they received were millions of dollars more expensive than the solutions we discovered.
SOLUTION: We found several potential software vendors to do the same job at much lower pricing and implemented the ERP within 6 months. This resulted in saving $2.8 million in the first year and more than $4 million over five years.RESULT: Net Savings: $2.8 Million Year One, $4 Million Over 5 Years
WHO: A $280 million global charter school worked with the leading software vendors and a top CPA Technology firm to purchase and deploy software.
PROBLEM: While focusing on accounting issues, Operations were ignored, leaving a dual entry purchasing system in place
SOLUTION: A three-week consulting implementation engagement on the project found immediate savings of $180,000 – savings realized three months after go-live. Our full Cost/Revenue Model also developed a project plan to identify $400,000 in annual cost savings.RESULT: Net Savings: $400,000 year one, $3.6 million over 5 years
WHO: A $22 million professional services firm delivering engineered to order AV systems.
PROBLEM: They faced a growing complexity of technological offerings and spent countless hours configuring client proposals needing several engineering consultants, sales and service experts.
SOLUTION: We streamlined the business process so what took 5 people two weeks to deliver became a two day deliverable and allowed the company to win more business and grow by nearly 52% the first year, while driving costs down with centralized purchasing.RESULT: Profit Increase of $4 Million on Revenue Gains of $10 Million
Q: What are our common consulting engagements?
- ERP Software Evaluation and Selection
- ERP Implementation Project Management
- Functional System Design and Software Architecture
- Cloud ERP Conversions
- Supply Chain, Project Management, Reconciliation Software
- WMS, CRM and other Enterprise Software
- Business Analysis and Cost/Revenue Modeling
- Comparative Software Evaluations
- Purchasing and Software Negotiations
- FDA Regulated Environments, Pharma, Food & Beverage
- Complex Accounting, Advanced Reporting, SEC
- Rescuing Failed ERP Implementations
- Manufacturing Control and Visibility
- Proof of Concept Demos and Beta Testing
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How Much Your Company Will Profit from ERP?
RESULT: Cut annual software maintenance by $800,000
WHO: A $25m biotech firm was paying too much for software upgrades and annual maintenance.
PROBLEM: 10 years ago, the only solution was a Tier One option that hadn’t grown or updated since 2006.
SOLUTION: Modern, cloud based component ERP created a higher functioning alternative saving the company $800,000 every year in maintenance and avoiding costly upgrades.
RESULT: Cut time to bid by 400%, which increased win rate by 22%
WHO: A national corporate infrastructure Engineer to Order (ETO) company with $18 million in annual revenue.
PROBLEM: Producing bids with various engineering and sales reviews was agonizingly slow during the critical buying phase of their clients.
SOLUTION: ERP with customized engineering configuration functionality cut time to bid by 400%, dramatically increasing sales efficiencies resulting in a 22% higher win ratio.
RESULT: Sped up implementation by 17% in a highly regulatory environment
WHO: An overseas biopharma firm with an annual revenue of $330 million completed clinical trials for the US market, but lacked the validated ERP controls required by the FDA
PROBLEM: Inexperience with process ERP used for pharma manufacturing, validation attempts kept uncovering flaws and creating re-work for the implementation team
SOLUTION: Fast tracking project plans used repeatedly in past pharma accounts along with careful project management cut implementation time by 17%.
RESULT: 22% sales increase in the first quarter
WHO: A $7m sports apparel company had zero inventory visibility.
PROBLEM: Repeated calls to HQ, hot selling items frequently out of stock, lead time from overseas manufacturer – all resulted in a hit-or-miss season and sales uncertainty
SOLUTION: ERP demand planning identified ‘hot’ items early and accurately forecasted available-to-sell quantities increasing future sales orders and enhanced production planning, dramatically increasing profitability in a short period of time.