Companies in the federal and GovCon market often face numerous challenges in their business planning processes. Issues such as fragmented data sources, inefficient collaboration, inaccurate budgeting and forecasting, as well as difficulty in resource management, can hinder growth and productivity. Without a unified and integrated system, these problems can lead to missed opportunities, cost overruns, and operational inefficiencies.
Benefits from a Modern ERP
Full Integration Within One Software Solution
Business Development, Operations, and Finance are all integrated together in one solution. You shouldn’t have to switch systems to get your data or even make it presentable. Every part of your business is stored in one location allowing features like Generic Inquiries and drillable Dashboards to organize and present your data the way you like it.
Business Planning
Flexible Budgeting and Forecasting Tools
The flexible budgeting and forecasting tools in JAMIS Prime ERP are essential for both existing operations and new business plans. These tools predict future costs, revenues, and labor headcount requirements based on user-defined scenarios. The system supports maintaining current and evolving integrated business forecasts, storing unlimited forecasts, and comparing them against pre-established budgets.
One of the standout features is the sandbox environment for “what-if” analysis. Users can perform hypothetical scenario planning, such as forecasting the impact of winning a large NASA proposal or losing a follow-on bid with the DOE.
Estimating and cost proposal features enhance the accuracy and speed of responding to RFPs. Users can develop cost estimates for planned contracts, including budgeting for direct and indirect jobs. The system’s job cost engine automatically calculates costs, burdens, and revenue amounts based on entered data, simplifying the proposal process and ensuring precision.
Effective Forecasting: Focus on the Winnable Bids
With a modern system like this, it’s time to think outside the box and look into the future. Calculating the win chance percentage of a contract can help focus time and energy on important business while respecting the time of prospects better suited to another solution. The JAMIS Prime system has the ability to calculate planned burden rates, utilization, and profit margins, providing the foundation for a cost proposal and comprehensive view of potential new contracts. If a planned contract is won, it can seamlessly transition to an active contract, ensuring all entered information is preserved and utilized for execution and reporting.
Resource and Utilization Planning
Effective resource management is another key benefit of JAMIS Prime ERP. The system supports resource utilization and capacity planning by project, customer, or department. It identifies issues in real-time, such as gaps, bottlenecks, and resource constraints. The workforce workspace offers visibility into employee availability and capacity, aiding in planning for new contracts and adjusting resources as needed.
Detailed Reporting
JAMIS Prime ERP offers detailed reporting capabilities, including line-item reporting with drill-down functionality. Project funding dashboards and alerts provide real-time visibility into critical metrics like burn rates. The system’s project management reporting suite includes various reports and dashboards, such as the PSR 360 (Project Status Report), which consolidates actual costs and budget data, allowing for effective project tracking and comparison against forecasts.
Your Single Source of the Truth
Adopting JAMIS Prime ERP can significantly enhance your business planning processes, addressing common challenges and improving efficiency. With its comprehensive suite of tools for budgeting, forecasting, resource planning, and detailed reporting, JAMIS Prime ERP provides a unified solution that integrates seamlessly across all business functions. This integration ensures that all stakeholders have access to accurate and up-to-date information, enabling better decision-making and driving business growth. To learn more, contact us HERE.
