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Shared Spectrum Company
Priming for rapid growth
As a small company with a single, large government contract, Shared Spectrum Company (SSC) relied on QuickBooks to manage accounting and Microsoft Excel to manage projects. But nine years later, it was clear they needed a better system. Switching to Microsoft Dynamics SL ended up saving the company an entire weekā€™s worth of time each month in accounting, reporting and other processes.
The Challenge
SSC was growing. It had taken on more than a dozen government contracts and projects, but tying together financial and project management data was only possible by running month-end financials ā€” a process that took around 32 hours per month. SSC realized it was also spending valuable time ā€” eight hours a month ā€” manually entering timecard information into QuickBooks. None of these processes were priming the company for continued growth.
The Solution
To put more solid infrastructure in place to accompany its rapid growth, SSC worked with Wipfli to implement Microsoft Dynamics SL. The solution was flexible, cloud based and required far less maintenance and support. The ability to centralize data and provide real-time reporting meant that SSC could automate its timecard processing, view up-to-date project financials throughout the month and even better comply with Defense Contract Audit Agency regulations.
By using Microsoft Dynamics SL, weā€™ve brought all facets of our business together under one solution. Managers can see real-time reports and project financials, we can get invoices out quickly to accelerate cash flow, and we can adapt the system to meet our needs as our business continues to change.
The Results
With Microsoft Dynamics SL in place, SSC improved project accounting, eased reporting and laid a solid IT foundation for ongoing growth. SSC is now saving more than 40 hours a month by automating its processes. SSC believes that Microsoft Dynamics SL will enable continued growth as it develops new technology that will allow it to expand into the commercial space.
