Case Study: Alterman Electrical Contractors achieves faster budgeting and real-time project-to-forecast insights with Prophix Software

Alterman Electrical on Automated Financial Processes

Alterman Electrical Contractors, a San Antonio–based electrical contractor founded in 1923 with $150M in revenue and 800+ employees, faced growing pain from Excel-based financial processes. Version control, formula errors, security gaps and manual consolidation made monthly financial statements slow to produce, and the company lacked real-time integration of job costs and project data needed for timely executive decision-making.

Alterman implemented a cloud budgeting and forecasting solution integrated with Viewpoint Spectrum (data from GL, personnel and job cost) in a two-week execution phase. Results included budget-creation time cut in half, real-time job data tied to company forecasts, faster and more flexible actual‑vs‑budget analysis, improved manpower, revenue and CapEx planning, and automated budgets—plus a new Financial/Business Systems Analysis role that freed the finance director to focus on strategic work.

Alterman

Karen Lawhead

Director of Finance