Brisbane, QLD Australia – (March 03, 2009) – Q Video Systems selected Zap’s Zap Business Intelligence for Microsoft Dynamics NAV solution to provide enhanced reporting and analysis capabilities.
With offices in Australia and the USA, Q Video Systems is one of the largest and fastest growing distributors of security system solutions in Australia. Due to rapid expansion, Q Video Systems chose to replace the existing Enterprise Resource Planning (ERP) system with Microsoft Dynamics NAV®, particularly to keep pace with the sheer volume of inventory the company processes. The next challenge was to improve cumbersome and time consuming manual processes to extract, report and analyze ERP data needed for strategic decision making. The aim of the project was to find a solution to reduce timelines for end-of-month and management reporting, and improve inventory management through detailed analysis.
Chief Financial Officer, Jamie Taylor, explains: “We were looking for a solution that could be implemented quickly to improve the time consuming aspects of reporting and analysis. We saw what Zap’s Business Analytics product could do, and it ticked all the boxes.”
Q Video Systems uses Zap’s Zap Business Intelligence for Microsoft Dynamics NAV solution to streamline sales, purchasing and supply reporting. Jamie Taylor explains the benefits: “End-of-month reporting would typically be a 3-5 day process, but with Zap, we can now complete the same reporting in a single day. Business Analytics is a fantastic finger-on-the-pulse solution that has enabled us to increase the accuracy and speed of reporting.”
“We use analysis to identify slow moving stock, inventory trends, and restock points,” Jamie said. “It’s critical to our business to ensure that large contracts aren’t compromised by delays in imports. We also keep a close eye on customer profitability, analyzing sales and profitability by each customer so that we can identify changes and outliers.”
“Looking at the capital outlay and time versus the benefits, Business Analytics paid dividends immediately,” Jamie said.
Q Video Systems is now looking to broaden its use of the Business Analytics solution. “The plan is to start using Zap for more advanced applications, using performance management capabilities such as dashboards, scorecards and Key Performance Indicators,” Jamie said. "Eventually, we’d like to roll out Microsoft Dynamics NAV and Zap’s Business Analytics solution to QRSciences Holdings, the parent company and each of its subsidiaries.” Jamie says.
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