ERP Software helps small companies manage projects.
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Press Release Summary:
Seamlessly integrating with existing IT infrastructures, CMiC helps emerging firms compete with larger rivals through fully integrated financial, human capital, and project management capabilities. Hosted or server-installed, program provides necessary visibility to eliminate risk and optimize profitability. Smaller companies can track and manage all customer and vendor transactions, human capital, project costing, billing, and subcontractor management.
Original Press Release:
CMiC Unveils Financial, Human Capital and Project Management Solutions for Emerging Companies
Traditionally Underserved by General ERP Offerings, Emerging Companies Can Now Realize Unmatched Visibility and Control to Minimize Risk, Bolster Profitability
TORONTO, July 18 // -- CMiC (http://www.cmic.ca/), the enterprise resource planning software engine for project-based companies involved in the building process, today unveiled solutions that help emerging firms better compete with larger rivals through fully integrated financial, human capital and project management capabilities. CMiC's financial, operational and project tracking features provide the necessary visibility to eliminate risk and increase profitability, allowing even the smallest company to better compete in an increasingly competitive, global business environment.
Addressing the unique needs of emerging companies that in the past have relied on basic spreadsheet and database applications to drive their business and compete with larger companies for more lucrative projects, CMiC now provides this segment of the market with the same robust financial and project management capabilities enjoyed by larger competitors. Now, smaller companies can harness the power of sophisticated software to track and manage all customer and vendor transactions, human capital, project costing, billing and subcontractor management, ringing additional cost savings out of every project.
"As a comparatively small company competing for projects with some of the largest, well known construction and engineering firms in the world, we need to exploit every opportunity we can to drive down risk and increase profitability of our projects," said Ed Gordon, chief financial officer, Wohlsen Construction Company. "Because our project management and financial systems are now completely integrated, we have the visibility to make much more informed decisions and are able to improve the efficiency and accuracy of our processes."
CMiC designed its software with a flexible delivery model (hosted or server-installed) and industry-leading pre and post-sales technical support, to shorten project completion cycles and contribute significantly to the bottom line. Moreover, CMiC seamlessly integrates with customers' existing IT infrastructures, which translates into faster deployment. The implementation and management options ensure that even non-technical administrators can install and manage the software.
"Our long and successful track record serving the largest project-based businesses in North America with best-in-class enterprise resource planning solutions has given us a unique understanding of the key challenges and requirements of emerging companies in the space," said Gord Rawlins, president and chief executive officer, CMiC.
"Constrained by tight IT budgets and often with very few IT staffers, these companies need a flexible delivery model coupled with instant data conversion, and the same high-level of functionality and support that their larger competitors enjoy. With these new offerings, we're helping emerging companies narrow this competitive gap and compete with industry giants for the most lucrative building projects."
CMiC at-a-glance
CMiC's solution for emerging companies is comprised of the core functionality necessary to bolster profitability and mitigate risk, including CMiC Financials, CMiC human capital and CMiC Projects. Key features and benefits include:
o Simple to install, implement and manage, with preset options, data conversion spreadsheets and training materials that ease the set-up and management experience
o Powerful integrated project costing, billing, subcontract management and change management capabilities, all designed to help smaller companies work more efficiently, minimize risk and effectively manage ongoing projects in real-time
o Advanced financials, including general ledger, accounts payable, accounts receivable and fixed asset features
About Computer Methods International Corp.
Computer Methods International Corp. (CMiC) is an enterprise software solutions provider for leading organizations in diverse project-oriented industries. Based in Toronto, Canada, CMiC's flagship software product suite, CMiC Enterprise, seamlessly integrates all departments and functions, linking project owners, customers, suppliers, partners and employees working together across any project-based business. By consolidating and managing information in a single database, users can convert data into critical business intelligence delivered to key stakeholders, enterprise wide in real-time to ensure sound business decisions. CMiC works with customers to develop, implement and support solutions that prepare them to manage business now and meet future requirements.
CONTACT: Rob Halpin for CMiC, +1-617-585-2208, rhalpin@fitzgerald.com
Web Site: http://www.cmic.ca/
