Welcome [Login] [New Account]
More Information
Gallery
Press
Events
Archive
2009 April
2009 May
2009 June
2009 July
2009 August
2009 October
2009 November
2010 January
2010 February
2010 March
2010 April
2010 May
2010 July
Why do companies need IT solutions for business management? Print this pageAdd to favorites
» Home » Newsletter » Why do companies need IT solutions for business management?

A company can go over a difficult economic period much easier when it has the IT means to control the good management of its resources.

Lăcrămioara Bārseti (photo), Manager of SIVECO Applications Department, within SIVECO Romania, presents us the advantages that IT solutions bring to businesses.

Which is currently the potential of the ERP market in Romania?

Lăcrămioara Bārseti: Undoubtedly, the potential of the ERP solutions and services in Romania is one of the highest in the region. Except for the year 2009, the ERP market in Romania has been constantly increasing. The need for solutions of business management is very high either we speak of public institutions, or about private ones. We will be able to speak about a mature market when the small and medium size organizations will represent the largest number in terms of ERP solutions implementations. From this point of view, the Romanian market is on its way to maturity.

Which elements justify an investment into an ERP solution?

Lăcrămioara Bārseti: Practically, the investment in an ERP solution ensures increasing the performance of the company's activity through the processes optimization (for instance, cash flow management, decreasing the production and delivery times, stocks' optimization, shortening the financial cycles) and provides correct information to the decision-making factors. Given the current economic crisis, Romanian producers need more than ever a strict control of costs and the elimination of losses.

What novelty brings the integrated package SIVECO Applications 2011 launched by SIVECO Romania?

Lăcrămioara Bārseti: The new suite of applications SIVECO Applications 2011, launched by our company, includes 45 components covering practically all the IT needs of companies from most various sectors of activity, either we speak of production, utilities, oil & gas, transportation, banking & finance, or the local and central public administration.

The information package ensures the ordering and imposing a rhythm to the activity, the intrinsic verification of each activity, at the level of integrated data flow it belongs to, increasing the coherence and correctness of data received, processed and transmitted, increasing the speed of documents' processing, control of the activities and substantiating the decisions based on analysis indicators, increasing the control at internal financial level. The components' structure has been designed in such a way that a large part of the legislative or organizational changes that may occur to be operational with minimal efforts.

To this end, the applications have embedded a powerful system of parameterization and configuring.

The applications from the structure of the integrated system benefit from a multi-language type of mechanism, as the interface can be set at the user level in Romanian, English, German, French, Bulgarian etc. Also, in the system can be highlighted the financial situations in several currencies, depending on the desired settings.

Could the advantages of this solution be quantified?

Lăcrămioara Bārseti: The advantages of the companies having implemented our solution are obvious. SIVECO Applications 2011 ensures reducing the volume of manual labour dedicated to the financial and accounting activity by 25%, increases the productivity of administrative work by 25%, increases by over 20% the receivables recovered from debtors, ensures the reduction by 20% of the cost of current and capital maintenance repairs, reduction by over 60% of the overstocks (inventory), of slow or still stocks, reduction by over 70% of the workload necessary for payroll calculation, the elimination, practically, by 100% of errors in salaries' calculation, reduction by at least 30% of the paper consumption, by 45% of the time allocated by managers to documents and by 15% of costs with documents.

Top
newsletter
How do you reduce the paper consumption by 30%?


Essential rules for a successful project
   About SIVECO Romania | Disclaimer | Contact | My Account |