How Spectrum Business Intelligence Helps Mitigate Financial Risk

W. Soule & Co. is a multi-trade industrial contracting firm specializing in process piping, custom metal fabrication, millwright services and HVAC services. The company has been around for more than 70 years, with five locations in Michigan (headquartered in Kalamazoo, Mich.) and one location in Lakeland, Fla. W. Soule’s work is primarily in the food/beverage, life sciences, chemical and paper industries.

Study Summary

CHALLENGES:

  • Desire to achieve greater organizational efficiency
  • Need to gain more insight into projects
  • No method to pull more relevant reports/data analytics needed

SOLUTION:

  • Became early adopter of Spectrum Business Intelligence
  • Provided customizable report building & data analysis tools
  • Simple to use with instant drag & drop data analysis

RESULTS/ROI:

  • Rich insight and real-time analysis of projects & financials
  • Reduced work and headaches pulling together traditional reports
  • Greater efficiency within accounting department
  • Able to bill sooner & get paid quicker
  • Mitigate risks by spotting trouble spots early on
  • Can now easily identify new opportunities for growth & improvement
 

Spectrum Business Intelligence is very intuitive, and very easy to set up. I was surprised how easy it was to use.

-Howard Dembs, CFO, W. Soule & Co.


 
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 How Spectrum Business Intelligence Helps Mitigate Financial Risk