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Genspec’s focus on implementing systems to improve business performance highlighted the importance of utilising an effective Business Management software system that could manage project tracking. They needed to be able to manage quoted jobs, contracts, and schedule of rates for various customers, each with different contractual arrangements and charge out rates. As well as this, the system needed to be able to handle inventory and ensure that all cost were captured and booked to a job.

“Our business model is driven by two main revenue streams, skilled labour hire and electrical sales through projects. As our business grew it became evident that our accounting software could not provide us with the flexibility to determine charge out rates, margins per customer or site specific information.

That is when we turned to the team at Cutcher & Neale to provide us with some expert advice on how to make Ostendo work for our business. The Ostendo package provided an out of the box system that satisfied our requirements and integrated with our current systems. The ROI (Return on Investment) was immediate, negating the need for an administrator for the business as we could now manage invoicing and other tasks quickly and efficiently. Our systems have been developed to ensure that Ostendo is an integral part of how we manage the business.

Apart from the business benefits we have realised from using Ostendo, our accountants are also impressed. Ostendo integrates seamlessly with our existing MYOB financial software meaning our records are accurate and provide a true reflection of the health of our business. The accountant still only needs to work in MYOB and doesn’t need to learn another software package.

We would highly recommend engaging with the team at Cutcher & Neale who we have found to be proactive, personal and professional in all our dealings.”

– Paul Canvin, General Manager of Genspec

To find out more please contact Ostendo Consulting Partner:

Cutcher & Neale

North Sydney Office: Suite 1, Level 2, Berry Square, 77 Berry Street, North Sydney NSW 2060
Newcastle Office: The Bolton Building, 25 Bolton Street, Newcastle NSW 2300
Phone: 1800 988 522
Fax: +61 2 4926 1971
Mobile Michael: +61 403 584 553

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