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To accomplish the Aspire Project, a new Enterprise Resource Planning (ERP) solutionfor the Project-based manufacturer was required. The incumbent ERP vendorspecifically lacked deep and broad Project Accounting and Project Inventoryfunctionality which was of primary importance to Rollalong. Technologically, theincumbent system lacked the collaborative, automatic electronically-controlledproc ess, and real-time capabilities derived from the .net architecture in the newVISIBILITY.net product selected. The project-based functionality was the centralissue in the technology selection. Project Accounting and Project Inventoryfunctionality is considered a significant value-add by Rollalong because it enablesthe company to control the costs of the Aspire contract, as well as other contractsthey perform in their business; additionally the new ERP solution allowed thecompany the ability to bill customers in accordance with commercial terms that arethe norm for project-driven businesses, such as stage invoicing and retentions.Rollalong viewed these primary requirements as the keys to profitable contractingwith appropriate cash flows over the life of the contracts. The .net technologyarchitecture and the capabilities derived from the new technology provided Rollalongwith the conductivity and stability required as they invest in their next generationcore IT systems.
Dean Williams RollalongÂ's IT manager and Tim Cowhigg, Managing Director, werecentral in the decision-making process and noted that the Project Accounting moduleprovided the tools needed to manage all projects on time and within budgets,including multiple budget revisions. The Project Accounting module extended intoevery module within the enterprise system; providing the means to manage on aproject basis. Additionally it also enabled each department to operate optimallywith a mix of project and non-project work.
Project Accounting is a cost collection and planning tool that provides the abilityto:
- Define and organize projects or master projects and project Work BreakdownStructures (WBS)
- Capture and report actual costs charged to a project through any linkedtransaction or activity
- Get real-time reporting for analysis of budget vs. actual cost amounts
- Predict final project costs and estimated completion amounts
- Extrapolate revenue to recognize from actual and estimate reconciliation
Visibility Corporation (www.visibility.com) is a leading developer and supplier ofbusiness software solutions designed for the unique needs of project-based,engineer-to-ord er and to-order manufacturers. Visibility's Enterprise Applicationsolutions help midsize manufacturers of complex products operate their businesseseffectively. Visibility has an extensive customer base throughout North America andEurope and has the strongest representation of ERP among complex manufacturers.
VISIBILITY.net is an integrated ERP solution and more. Offering unparalleledfunctionality and integrated workflow, this browser-based solution cost effectivelydelivers the power of .NET-based Web services for use with either a Microsoft SQLServer or Oracle database. Conducting business any place, any time, any where is areality, deployable with unprecedented flexibility.
