How Multi Fix Technical Services Mastered Project Financials with FirstBit ERP

by Editorial

Published 12 Apr 2023

Multi Fix Technical Services is a leading fit-out company based in Abu Dhabi with extensive experience in residential, commercial, and retail spaces. With a focus on craftsmanship and attention to detail, the company specializes in transforming spaces into inspiring environments. Their team delivers innovative and tailored solutions, ensuring timely delivery and surpassing client expectations.

Abu Dhabi, UAE

Residential

Commercial

11-50 employees

Interior & Fit out

MEP

Project Goals and Tasks

The main challenge was tracking and keeping track of project financials and analysis:

Obtaining detailed analysis and overview of cost allocation, estimation item

Getting comparison between actual like budgeted costs and actual costs

Establishing a management process of the procurement process in terms of raising requisitions, processing purchase orders, and payments to suppliers

Project Description

The company specializes in design and interior decoration. In order to manage projects comprehensively, employees had to work in parallel with a number of ERP programs, and Excel sheets were used to track project finances and budgets.

The previous accounting or financial software that they had was good for accounting and bookkeeping. However, the issue is integrating it with other solution.

The company was challenged to implement an ERP program that would help solve all these needs and manage all aspects of the business in one place - financial, HR, procurement, project estimates and project management.

Why Multi Fix Technical Services Chose FirstBit

FirstBit ERP contained the entire suite of project management tools in one program that the company needed.

The cost of ERP implementation and annual subscription was reasonable compared to other solutions on the market.

Project Outcomes

The implementation and training process was challenging, but the support team was very responsive and cooperative.

The company management now has a comprehensive software where all ERP modules meet the requirements:

Project Costs and P&L

Cash Flow by Projects

Project Progress and more

FirstBit ERP has really fulfilled all of the things that I was looking for in a software. We compared the ERP cost with other competitor softwares, it made more sense in terms of the implementation fee and annual subscriptions.

Tawfiq Al Jaber

General Manager

The company's management was able to bridge the gap between operations and finance and get real-time project reports.