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Case Study: Powering Wilson Construction with finance insight

Wilson Construction Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Wilson Construction
Industry
Construction
Challenge
Reporting meant compiling spreadsheets for 100+ projects into one Excel file.
Headline result
Wilson Construction saved up to two weeks a month on GL and WIP reporting

Key results

2 wks
Saved per month on GL/WIP reporting
up to
4 days
Saved per month on weekly reporting
up to

The challenge

Wilson Construction gathered multiple spreadsheets for 100+ projects with estimated monthly billing and compiled them into a single Excel spreadsheet, seeking a holistic view of operations and less spreadsheet dependence.

The solution

Wilson Construction integrated Prophix with its existing ERP rather than replacing it, automating monthly financial statements and work-in-progress (WIP) reports and forecasting production from actual quantities in MS Project.

We can now forecast production based on actual quantities coming from MS Project and compare it to the budget to determine if a project is tracking on margin.

MG
Marty Gardner
CFO, Wilson Construction

The results, in context

Wilson Construction saved up to 4 days per month on weekly reporting and up to 2 weeks per month on GL and WIP reporting, while gaining the ability to recognize margin fade in a timely and accurate manner.

Products used

Prophix Prophix One