Services companies have unique needs when it comes to ERP (Enterprise Resource Planning) solutions. Unlike manufacturing or retail, services companies deal primarily with intangible offerings, making their requirements distinct. These businesses rely on ERP systems to effectively manage project and resource planning, time tracking, and billing.
NexWaveERP solution for services companies offers robust project management tools, enabling you to allocate resources efficiently, monitor project progress, and adhere to deadlines. Time and expense tracking capabilities are an essential part of the core application to allow for accurate client billing and internal cost analysis.
With NexWaveERP for Professional Services you can have an ERP solution that:
-Optimise resource utilisation·
-Ensure accurate project billing·
-Improve project profitability·
-Provides your business with accurate information on the entire project landscape
Accounting is at the core of the NexWave ERP solution. This suite offers real time information to all your accounting transactions. It includes a flexible Chart of Accounts, Management Accounting dimensions, Budgets, Journals, Accounts Receivable, Accounts Payable, Bank Reconciliation and Fixed Assets.
Drive revenue growth and increase productivity through the NexWave Order Management module. The solution offers an integrated sales order management suite covering orders, Picking Sheets, Despatch Notes, Blanket Orders & flexible pricing options.
Managing your procurement cycle is critical to controlling your costs. The procurement suite offers your team RFQs, Requisitions, Purchase Orders and Supplier portal functionality.
Managing inventory is extremely critical to any product-based business, thus eliminating stock outages. The Inventory module ensures stock availability is managed while ensure over stocking is reduced. The suite allows for the management of serialised, non-serialised, batch-controlled items as well as non-stocked and product variants as well as tools for stock takes and inspections.
Managing both your marketing campaigns and your sales operations within one solution allows for detailed analysis of your pre-sale operations. The suite offers features for Marketing Campaigns, Lead tracking, Opportunity & Quotation management, and full pipeline reporting.
Employee lifecycle management is easily supported through the native onboarding, attendance and leave management options. Other employee related activities can also be managed through the core HR functions.
Managing your business using metrics ensures you can measure and analyse by fact. NexWaveERP offers native dashboard, KPI scorecards, Kanban’s, and graphical reports. Custom reports can also be easily created.
NexWave Projects supports both internal and external projects ensuring you are controlling the costs and maximising the revenue potential. Users can generate Gantt Charts, track timesheets, tasks and issues associated with your projects.