Case Study: Farnedi Tech gains full visibility into project financials with Price&Cost

Farnedi Tech - Customer Case Study

Farnedi Tech, an ICT services veteran, faced significant challenges in tracking project financials, leading to reactive budget management and eroded profit margins. This was especially problematic as they took on larger, complex subcontracting projects with slim margins. They needed a solution to gain real-time visibility into costs and profitability, moving away from time-consuming spreadsheets. They turned to Price&Cost for its project financial management capabilities.

By implementing Price&Cost, Farnedi Tech streamlined their budgeting and estimation process, enabling them to model multiple resource scenarios before a project begins. The integration with their Harvest time-tracking provided instant updates on project financials and powerful reporting. This solution provided the crucial visibility they lacked, saving them significant time. Price&Cost helped prevent revenue loss, with the founder noting the platform was instrumental in recovering an estimated 100,000 EUR worth of revenue that was previously being given away due to poor financial tracking.

Farnedi Tech

Franco Farnedi

Founder and CEO