Improve Profitability

How Accurate is Your Data?

Posted on July 15, 2016 in Change Management ,Improve Profitability ,Q360 by
How Accurate is Your Data?

“Across our 10 branch offices, sales on average are up 7% last quarter.” This statement tells you exactly nothing. But it sure sounds like good news in a management meeting. And seldom does someone ask the follow-up question.  It turns out that four of the offices each saw their sales double, while most of the other ones are struggling or even trending decreases in sales. That’s the nuance of what’s really happening.  That’s an actionable piece of information, quite the opposite of the former; which might […]

More info »

Solutions360 at InfoComm with AVNation

Posted on June 10, 2016 in Blog ,Business Process Improvement ,Improve Profitability ,Industry Discussion by
Solutions360 at InfoComm with AVNation

Micheal Shinn of AVNation interviews John Graham and Tofiq Indawala to learn more about how Solutions360 strives to become our customers’ most valued business partner.

More info »

Keep Track of Project Management Costs in Real Time to Improve Your Bottom Line

Posted on May 13, 2016 in Blog ,Business Process Improvement ,Improve Profitability by
Keep Track of Project Management Costs in Real Time to Improve Your Bottom Line

There’s a vast echoing gap between the mindset of accounting and project management in most businesses. It has a lot to do with time: The PMO works with a today-and-tomorrow mindset – getting the project done, on time, to specs. Accounting works with a history mindset – keeping track of things that have already happened in order to report, analyze profitability, be compliant, and invoice. That gap hurts your PMO and your overall bottom line. Mind the gap! Most Project Management Offices (PMOs) are good […]

More info »

Showing Integrators how to Keep Their Margins Up at InfoComm15

Posted on May 28, 2015 in Blog ,Improve Profitability ,Industry Discussion by
Showing Integrators how to Keep Their Margins Up at InfoComm15

The team at Solutions360 is looking forward to meeting you at InfoComm15, where we’ll be talking to Integrators about how to keep their margins up at booth #3980.  See how other progressive Integration companies are keeping their margins up and growing profitably. Solutions360’s completely unified business management software is purpose built for A/V Integration companies to run their whole business.  We’ve worked with the fastest growing Integrators to streamline their operations, reduce costs by 15 to 20% and increase their profit margins by as much […]

More info »

Project Under-Billing Can Be Your Undoing

Posted on February 5, 2014 in Blog ,Improve Profitability by
Project Under-Billing Can Be Your Undoing

Accurate and real-time data is critical to proper cash flow management, and under-billing long-term projects is a leading cause of cash crunches Never fund customer projects with your own money. It’s great advice that can be difficult to heed, especially during large, long-term engagements, but ignore it at your peril. Running projects smoothly and on schedule does not automatically make them profitable, and those that are large and lengthy can be challenging to scope out properly. If you’re not set up for accurate job costing […]

More info »

Solutions360 Gold Sponsor of NSCA’s Business & Leadership Conference

Posted on January 5, 2014 in Blog ,Business Process Improvement ,Improve Profitability ,Industry Discussion by
Solutions360 Gold Sponsor of NSCA’s Business & Leadership Conference

Mark your Calendar: February 27th – March 1st 2014 Improve Your Business IQ, Develop Your Leadership, Secure Your Future Decision-makers will discover how to make creative, influential decisions after learning the new meanings behind current trends, refining skills sets, and understanding the future of the electronic systems industry during NSCA’s 16th annual Business & Leadership Conference (BLC). Address your business challenges and find out what your peers are doing to build stronger systems integration firms. Create long-term business success through thoughtful vision and resourceful strategies on some of the hottest topics, […]

More info »

Job Costing Critical Piece to Preserving Margins

Posted on November 18, 2013 in Blog ,Improve Profitability by
Job Costing Critical Piece to Preserving Margins

Addressing problems quickly can help save projects that might otherwise be doomed. November 18, 2013 | by D. Craig MacCormack Commercial Integrator Magazine If you’ve been victimized by a profit-sucking job that spiraled out of control before you knew what had happened and had to resort to correcting your procedural mistakes before the next job rather than addressing them before the problem worsened, there is hope. In his NSCA Best Practices Conference session “Job Costing: An Execution Guide for Operations,” Solutions360 president and CEO Brad Dempsey taught attendees some […]

More info »

Archives

business management software