Release 3 Case Studies 

+63.893.5951, +63.893.5983 

  • Finance - Year End Audit
  • Cost Management
  • Delivery
Challenges:
• Month-long audits and support documentation.
Implications:
• Business disruption, audit concerns causes management personnel to focus on administrative tasks such as finding documents, tracing emails and etc. Management time is a very valuable resource.
Release 3 Solution:
• With Release 3's built-in document management support, audits were accomplished in less than 50% of the time.

• The company implemented a document control process by attaching billing information on Billing advices, Invoices on Disbursements and finally claimed checks. Bank Statements were also attached to Release 3's bank reconciliation system.
Challenges:
• Delayed reporting of project expenditures
Implications:
• Delayed release of funds for the local operating company
• Reactive and often costly response to cost-overruns .

Release 3 Solution:
• With Release 3's dynamic cost and profit center expense and income allocation, the company was able to identify costs when transactions are being done.

• Project expenditure report generation was accomplished by simply running the Income Statement Report consuming less than 10 minutes of the admin staff's productivity

• Release 3 allowed management to be proactive with cost-overruns providing information at the onset to help prepare for it by additional funding or reallocation of budget items.
Challenges:
• Inefficient delivery processes.
Implications:
• Added cost of sales (fuel, maintenance)
• Added cost of sales (human-resources)
• Customer dissatisfaction

Release 3 Solution:
• Using Release 3's Sales Ordering system with documented lead times, the company's sales representatives were able to provide the required stocking and packing information to the company's warehouse personnel.

• Using the Order Information the warehouse personnel were able to pack and pre-arrange delivery items by location allowing for more efficient and timely deliveries.

• The company's warehouse manager was able to project how much trade inventory was required weekly or monthly.