Case Study: BroadcastMed increases project profitability with CAL Business Solutions and Microsoft Dynamics GP

BroadcastMed cuts revenue recognition from 3 days to 1 hour with CAL Business Solutions

BroadcastMed, a world-leading surgical broadcasting company, faced challenges with its outdated DOS-based accounting software, Data 2000. The system lacked robust project accounting features, forcing the company to track costs for up to 160 simultaneous projects in unwieldy spreadsheets. This made it difficult to determine individual project profitability and manage complex billing schedules. To solve this, they partnered with CAL Business Solutions for an upgraded system.

CAL Business Solutions implemented Microsoft Dynamics GP with the Olympic Project Cost module. This solution automated time tracking and project cost reporting, providing a complete view of each project's financials. The measurable impact was significant; a key revenue recognition process that once took three days was reduced to just one hour. This new clarity on project costs has improved BroadcastMed's ability to price new projects for profit and make more informed strategic decisions.

BroadcastMed