Industry: Management Consulting
Apps Implemented: CRM, Sales, Project, Timesheet, Invoicing, Expenses, Accounting, Vacations
Number of Users: 12
Implementation Time: 4 months in production + 50 hours with a consultant
Vectis is a management consulting company consisting of 12 employees; 1 administrative person, 2 salespeople, and 9 in delivery. The company is especially well known for their extensive experience in serving professionals in the financial sector, such as banks, insurance companies, management companies and funds. Vectis’ team of consultants, experts and internal auditors aim to provide management and organization advice and allow companies to focus on their main activities.
Lack of Integration Complicated Vectis’ Organization
The company was started in 2005, and before they were acquainted with Odoo, Vectis was working with four different open source applications from different providers to run their business. Initially they were working with the following four applications; a CRM, project, timesheet and an invoicing tool. Their systems were difficult to navigate together, the impact of issues was significant and the cost of running them was high. At the time of the migration, they had 4,000 contacts in their CRM, both companies and individuals, and they were managing 85 projects and 20 business trainings. Thanks to some in-house integration they managed to keep inefficiency to a minimum, but they often faced issues such as;
Updates weren’t performed properly, as applications weren’t integrated
Maintenance required expertise which the company lacked
Mistakes were easier to make
Producing reports was very time-consuming
An Impressive Standard Solution
Growing while Cutting Costs
Vectis is a corporate consulting firm specialized in governance, risk, compliance, company management and internal audit. The company is dedicated to providing services to all SMEs, but their services are particularly tailored to SMEs in the financial sector in Luxembourg. The team at Vectis can answer any questions about creating and managing a business in Luxembourg, and they are readily available to help companies improve their organization and management structure.
More info on https://www.vectis.lu