As ERPA experienced significant growth, their back-office processes struggled to keep up, leading to inefficiencies and increased manual work. Lack of real-time insights and the use of disparate systems hindered resource forecasting, revenue sharing calculations, and project profitability tracking. ERPA required a modern PSA system to streamline financial processes, optimize resource utilization, and enhance forecasting accuracy.
Mergen IT worked closely with ERPA's finance and project management teams to implement Workday PSA, a comprehensive platform for financials, project planning, and resource management. The system centralized all financial and project data, eliminating the need for spreadsheets and disparate systems. Workday's allocation functionality drastically reduced the time taken for revenue sharing calculations, from a day to approximately 15 minutes. Additionally, the resource forecasting tool enabled real-time insight into future revenue projections, allowing ERPA to make informed hiring decisions.
The implementation of Workday PSA brought significant improvements to ERPA's financial management and project efficiency. By eliminating manual processes and leveraging automation, ERPA improved resource allocation, project planning, and financial reporting. Workday's allocation functionality streamlined revenue-sharing calculations, saving time and reducing errors.
With real-time resource forecasting, ERPA gained better insight into future revenue projections, enabling them to make strategic hiring decisions and efficiently allocate resources to projects. Workday's centralized platform facilitated collaboration and provided leadership with self-service reports, further improving operational efficiency.
Mergen IT's expertise in implementing Workday Professional Services Automation revolutionized ERPA's financial management and project execution. With streamlined processes, optimized resource utilization, and improved forecasting accuracy, ERPA achieved higher efficiency, scalability, and profitability.
Allow our IT professionals to identify your company's needs and help you
save time and the cost of your business.
