Accounting and Financial Software
Software maximizes operational and profit controls.
Press Release Summary:
Offering variety of costing/profit tracking methodologies, SYSPRO Projects and Contracts enables companies to assign costs, monitor profits, and make adjustments at various stages of project and contract planning. Program helps manufacturers match resources to most profitable areas within job, as well as identify and adjust lagging profitability metrics. By comparing real-time, actual and committed costs vs those tied to future activities, manufacturers gain bottom-line operational advantage.
Original Press Release:
New Syspro Solution Maximizes Operational/Profit Controls
Mid-Market Medical Device and Electronics Manufacturers Gain Planning Edge Via 'SYSPRO Projects and Contracts' Software Module
COSTA MESA, Calif. - November 14, 2007 -- SYSPRO, a provider of visionary ERP solutions for the manufacturing pragmatist, announced today the availability of SYSPRO Projects and Contracts, a new software solution that provides greater operational control and profit optimization capabilities to mid-market manufacturers. The new product is the result of extensive internal research of SYSPRO's medical device and electronics customers and prospects who say that competitive software offerings are falling short of market requirements.
SYSPRO Project and Contracts offers a variety of robust costing/profit tracking methodologies that enables companies to assign costs, monitor profits and make necessary adjustments at various stages of project and contract planning. These methodologies include the assigning of multiple jobs to a contract; estimating cost and revenue levels for specific tasks and jobs; attaching purchase order, labor and materials projections; and applying payment deposits specifically against contracted planning/production milestones.
SYSPRO Projects and Contracts enables manufacturers to match appropriate resources to the most profitable areas within a job, as well as identify and adjust lagging profitability metrics. By comparing real-time, actual and committed costs, versus those tied to projected future activities, manufacturers gain a significant bottom-line operational advantage and fewer surprises at quarterly financial closes.
"In our highly competitive vessel motions control industry, we have gained a significant advantage by using SYSPRO Projects and Contracts," said Trish Lane, controller of VT Maritime Dynamics, a world leader in the development of marine motion control solutions for the international fast ferry and high performance military craft sectors. "It allows us to analyze costs and revenues at each contract control level and make timely adjustments that can significantly impact our bottom line."
SYSPRO Projects and Contracts also enables manufacturers to issue a wide variety of detailed reports for jobs and/or contracts that extend over specific or extended periods of time. Sophisticated, role-based analytics also provide for customized information needs and secure information channels for making organizational change.
SYSPRO e.net solutions allows many SYSPRO customers to embed SYSPRO Projects and Contracts into their applications to enhance utilization. This is an example of SYSPRO's more thoughtful approach to adopting new web services and SOA platforms, reflecting the cautionary desires of its mid-market manufacturing and distribution company customers who are driven by business needs and not by the latest headlines.
SYSPRO calls its buyer landscape "PragmaVision"(TM) -- pragmatic, but visionary ERP executives that are driven by a desire for smart, but aggressive market growth.
About SYSPRO
Since its inception in 1978, SYSPRO has been delivering state-of-the-art business solutions to some of the world's leading companies. As a global leader in the production of world-class ERP software, the company now caters to the specialized needs of 12,000 licensed companies in more than 60 countries worldwide. SYSPRO is marketed globally through regional territory distribution centers and a global reseller network in the US, Canada, Africa, Asia Pacific, Australia and the UK.
SYSPRO is a fully integrated business software solution that provides complete control over the planning and management of all facets of business including accounting, manufacturing and distribution operations in a variety of industries.
For additional information on SYSPRO, call Stanley Goodrich at 714/437-1000 or go to www.syspro.com
All company names and products mentioned in this release are trademarks or registered trademarks of their respective holders.
