In the highly competitive AEC marketplace, knowing and anticipating a project’s expenses correctly provides a definite advantage when competing for a contract. But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider. First, it’s important to understand the complexity of cost estimating. Companies should invest…
I’m often asked about PSA (Professional Services Automation) solutions by potential buyers. Is it critical to success? Is it more of a luxury solution to make things easier? Will it pay for itself in the long-run? Short-run? What they’re really asking, in most cases, is: “How do I sell it to our executive team?” For…
Hello, Good to be back here on the blog !!! Jumping straight into the topic here today about a new addition of a feature for vendor prepayments in relation with fixed price project revenue recognition !! Issuing large amounts of prepayments to vendors is often a common business requirement for large scale, long-term fixed price projects, which involves a lot…
Have your company ever won a job and finalized a statement of work (SOW) where everything appears to be in order until, suddenly, nothing adds up? Margin erosion is a term used to define loss of margin dollars that occur once a job has been won. More simply, it is a gradual reduction in gross…
BUSINESS CHALLENGES Maintains a complex IT environment, spanning from ticketing and e-commerce to financial and donor management SOLUTION Microsoft Dynamics CLIENT SUCCESS With the comprehensive financial information the Georgia Aquarium captures with Microsoft Dynamics, the organization is able to strategically plan for the future. The Georgia Aquarium is the world’s largest aquarium in terms of gallons…
Cube Functions inside Excel are really powerful tools for cube reporting, especially when you realize that you can leverage MDX within the functions to make some very useful calculations. Today, I will describe how you can use the CUBESET function to calculate Month To Date values, even when there are no MTD defined measures. First, let’s…
