Manufacturing and Logistics IT Profiles Project Accounting

Released on = August 31, 2006, 3:20 am

Press Release Author = Jaclyn Aldrich

Industry = Software

Press Release Summary = Manufacturing & Logistics IT Profiles Project Accounting



Press Release Body = Project Accounting is a cost collection and planning tool that
provides the ability to:

- Define and organize projects or master projects and project Work Breakdown
Structures (WBS)

- Capture and report actual costs charged to a project through any linked
transaction 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



According to Thomas R. Cutler, leading manufacturing journalist, in the current
issue of Manufacturing & Logistics IT, "Rollalong was awarded the £40 million,
seven-year contract to design and manufacture accommodations for Junior and Senior
Ranks and Officers in Aldershot and Salisbury Plain under Project Allenby/Connaught,
to upgrade British Army accommodation. Rollalong will be working in close
partnership with Aspire, a joint venture between KBR and Carillion. Rollalong was
selected by Aspire after searching the marketplace for a volumetric modular supplier
who could deliver reduced risk, short build programs, quality, minimal site
disruption and high performance accommodation."

To accomplish the Aspire Project, a new Enterprise Resource Planning (ERP) solution
for the Project-based manufacturer was required. The incumbent ERP vendor
specifically lacked deep and broad Project Accounting and Project Inventory
functionality which was of primary importance to Rollalong. Technologically, the
incumbent system lacked the collaborative, automatic electronically-controlled
process, and real-time capabilities derived from the .net architecture in the new
VISIBILITY.net product selected. The project-based functionality was the central
issue in the technology selection. Project Accounting and Project Inventory
functionality is considered a significant value-add by Rollalong because it enables
the company to control the costs of the Aspire contract, as well as other contracts
they perform in their business; additionally the new ERP solution allowed the
company the ability to bill customers in accordance with commercial terms that are
the norm for project-driven businesses, such as stage invoicing and retentions.
Rollalong viewed these primary requirements as the keys to profitable contracting
with appropriate cash flows over the life of the contracts. The .net technology
architecture and the capabilities derived from the new technology provided Rollalong
with the conductivity and stability required as they invest in their next generation
core IT systems.

Dean Williams Rollalong's IT manager and Tim Cowhigg, Managing Director, were
central in the decision-making process and noted that the Project Accounting module
provided the tools needed to manage all projects on time and within budgets,
including multiple budget revisions. The Project Accounting module extended into
every module within the enterprise system; providing the means to manage on a
project basis. Additionally it also enabled each department to operate optimally
with a mix of project and non-project work.



Visibility Corporation (www.visibility.com) is a leading developer and supplier of
business software solutions designed for the unique needs of project-based,
engineer-to-order and to-order manufacturers. Visibility\'s Enterprise Application
solutions help midsize manufacturers of complex products operate their businesses
effectively. Visibility has an extensive customer base throughout North America and
Europe and has the strongest representation of ERP among complex manufacturers.

VISIBILITY.net is an integrated ERP solution and more. Offering unparalleled
functionality and integrated workflow, this browser-based solution cost effectively
delivers the power of .NET-based Web services for use with either a Microsoft SQL
ServerT or Oracle® database. Conducting business any place, any time, any where is a
reality, deployable with unprecedented flexibility.







Web Site = http://www.visibility.com

Contact Details = Visibility
www.visibility.com
Jaclyn Aldrich
marketing@visibility.com
978-269-6512

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