Increase Project Profitability

Case Study: How Solutions360 helps SVT make better business decisions

Posted on June 28, 2017 in Achieve Business Growth ,Blog ,Improve Financial Management ,Increase Project Profitability by
Case Study: How Solutions360 helps SVT make better business decisions

Roman Burchart remembers the days when project costing at SVT was time-consuming and rife with tedium and murkiness. “We had very limited visibility into our actual project costing,” says Burchart, the Chief Operating

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Adtech Systems – Why Ongoing Industry Consolidation Is Sparking Private Equity Interest

Posted on January 4, 2017 in Blog ,Increase Project Profitability ,Industry Discussion by
Adtech Systems – Why Ongoing Industry Consolidation Is Sparking Private Equity Interest

Complexity in the industry means investing big bucks in AV integration firms isn’t for the faint of heart, but there will be plenty of opportunities, according to Adtech Systems. January 4, 2017 Commercial Integrator Magazine D. Graig MacCormick When Dustin Campbell and Philip Muscatello took over Adtech Systems in mid-2015, they wanted to make it clear this wasn’t your typical venture capital deal, where Campbell and Muscatello, operating as Davis Square Group, planned to strip away everything that made Massachusetts-based Adtech successful in its first 27 […]

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Lean Methodologies for Integrators

Posted on November 22, 2016 in Blog ,Increase Project Profitability by
Lean Methodologies for Integrators

Lean is not just for manufacturers anymore, it’s an important concept for integration companies to start thinking about. Lean Methodologies bring together thinking about the delivery of customer value within the …

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How Accurate is Your Data?

Posted on July 15, 2016 in Increase Project 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 […]

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

Posted on May 13, 2016 in Blog ,Improve Financial Management ,Increase Project 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 […]

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You know you’re ready for Enterprise Resource Planning (ERP) when…

Posted on December 21, 2015 in Achieve Business Growth ,Automate Operations ,Blog ,Improve Financial Management ,Increase Project Profitability by
You know you’re ready for Enterprise Resource Planning (ERP) when…

There is a tipping point in every business when the small, nimble team that worked its magic for years starts to degrade under the weight of data. Too many customers to keep track of in your head, larger projects require more juggling to keep track of schedules and costs in a timely manner and the pressure to react just as quickly and effectively keeps increasing as you continue to grow. Typically the first reaction is to hire another (non-billable) person to compile the information. The […]

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How much does workflow management affect your bottom line?

Posted on December 4, 2015 in Blog ,Increase Project Profitability by
How much does workflow management affect your bottom line?

Most businesses have standalone software packages that act as repositories for data and to perform various job specific tasks. It’s common to end up with 3 or more separate systems, each essentially acting as a silo for information, making it difficult to correlate and reconcile your business data. Maintaining hard copies, physical filing cabinets, spreadsheets and/or reports can be used to effectively centralize, aggregate and gain access to data from various sources, up to a certain extent. But, as the volume of information and complexities […]

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