|
In recent years, Circadian has doubled its
expenditure on research and development
(R&D) in cancer therapeutics, which
involves organisations in Australia, the US
and the United Kingdom. As the company
grew in complexity, it outgrew MYOB
which required it to maintain five separate
databases for subsidiary companies, with
no functionality to consolidate results
automatically for reporting and analysis.
Heavy reliance on spreadsheets and
manual rekeying of data increased the risk
of errors occurring.
After reviewing the market, Circadian
Technologies decided to purchase the
Microsoft Dynamics NAV enterprise
resource planning (ERP) software, supplied
and supported by Melbourne-based EBS.
The deployment started in August 2010,
with the system going live in November.
Circadian Technologies Finance Manager
and Company Secretary, Susan Madden,
said Microsoft Dynamics NAV had
dramatically reduced the amount of time
required to prepare the
half-year financial
reports for 2010.
"EBS has been very helpful, assisting
us with the development and
understanding of our needs for the
system."
|
