QualTek supports the wireless, wireline, fulfillment, and recovery industries with technical labor and program management. They partner with carriers in major cities across the United States and Canada to develop and execute their requirements, from initial design through project completion.
Business Challenges
- Legacy Applications Not Scaling – Legacy application implemented during the early stage of their business but as they grew the application was unable to scale with the business
- Manual and Time Consuming – Planning and Budgeting processes were manually intensive and significant effort was required to maintain offline models; information was not readily available
- Disparate, Stand-Alone Systems – Drain on finance team’s productivity to aggregate and analyze data from various systems for reporting and planning purposes, leaving little to no time for value-added analysis
Solution
- Cloud ERP – Full implementation of Project Costing, Contract Billing
- Optimization of Financials – Adding Fixed Assets & Tax Management to leverage past, present and future asset additions to maximize deductions on an asset-by-asset basis
- Oracle Integration Cloud Service (OICS) – Gained insight into end-to-end business process metrics and KPIs spanning multiple processes and apps
Impact
- Seamless Integration & Process Automation – Automated Bank Integrations, Cash Application, and Invoice Imaging
- Single Source of Truth – Standardized platform to perform data integration between Oracle applications and third-party systems as the business grows
- Greater Efficiency – Real time visibility to project profitability and decreased the reliance on excel based spreadsheets
