Background
Vognsen Rådgivende Ingeniører A/S is an engineering company specializing in consultancy within construction and civil engineering. With 20 employees, the company delivers projects to private, commercial, and public clients.
As a project-based company, financial management is a crucial part of operations, from project setup and time tracking to budget monitoring and invoicing. Previously, Vognsen used several separate systems, but the transition to Business Central with ON720.COM’s apps has made it possible to consolidate and streamline multiple processes in one integrated solution.
Challenges
1. Need for Greater Integration Between Systems
Vognsen previously used several different systems to manage project financials, including time tracking, document handling, and financial management. Since these systems were not directly integrated, transferring data between them required manual workflows.
2. Growing Need for Budget Oversight and Financial Management
For project managers, it was crucial to quickly gain an accurate overview of project status, budget usage, and the invoicing basis. The previous setup required multiple steps to get this overview, making budget follow-up and invoicing a time-consuming task.
3. Need for a Streamlined Invoicing Process and Better Control of Additional Work
Invoicing was previously handled manually, and tracking additional work often required considerable effort to ensure accurate billing. Vognsen wanted a more streamlined process that could support their need for efficient administration and financial control.
The Solution: Project720 and Other Apps from ON720.COM
Vognsen implemented Business Central along with a suite of apps from ON720.COM to optimize their project financials and ensure better control over their financial processes.
1. Centralized Project Financials with Project720
With Business Central and Project720, Vognsen has gained a unified platform for managing their project finances. Project managers can now easily monitor hours spent, budget status, and billable time — all directly within Business Central.
- Improved Transparency: Project managers can continuously track the financial status of the project and identify potential budget deviations in time.
- Efficient Invoicing: An automated invoicing overview ensures that no hours or additional work go unbilled.
2. Fast and Accurate Time Tracking with TimeSheet720
TimeSheet720 has made time tracking more user-friendly for employees. The system is easily accessible and reduces the number of clicks required to log time.
- Faster Reporting: Employees submit their timesheets faster and more accurately.
- Better Control for Management: Project managers can easily see who has yet to submit their time, ensuring timely invoicing.
3. Efficient Invoicing Process with Peppol720, Email720, and Business720
Vognsen has also optimized the invoicing process by using several ON720.COM apps:
- Peppol720 ensures seamless electronic invoicing to public clients.
- Email720 enables fast and consistent invoicing with predefined email templates tailored to the company.
- Business720 makes it easy to create and maintain customer data, ensuring invoices are sent to the correct recipients. During the transition from the previous financial system to Business Central, Business720 was also a great help in customer setup.
Results
The implementation of Business Central with ON720.COM’s apps has provided Vognsen with a number of improvements:
- Increased Control and Precision: Project managers now have full visibility into finances across projects and can quickly respond to changes.
- Time Savings in Administration: Automated processes mean less time spent on manual tasks and more time for value-creating work.
- Improved Invoicing: Easy tracking of additional work ensures billable services aren’t lost, increasing revenue.
- More Accurate Data: Time tracking and invoicing are now streamlined, reducing the risk of errors.
- Scalable Solution: With Business Central and ON720.COM’s apps, Vognsen has a solution that provides security and can grow with the company to support future needs.
With Project720, we’ve gained better control over our project finances. We always have a full overview of our projects, which helps us avoid budget overruns and ensures that all work is billed correctly. At the same time, TimeSheet720 has made it easier for our employees to log their time, which has improved our overall invoicing process.
Kent Lyager Laursen
Head of Marketing