Developing management capacity "WITMIND" Ltd. by introducing a system for planning and resource management / ERP system / and implementation and certification of quality management

“WITMIND” Ltd. is operating in J62.01 “Computer programming” and is specialized in providing IT solutions and services, including software solutions, network and cloud technologies and in computer programming. With this project proposal “WITMIND” Ltd. plans to implement and install a system for planning and resource management /ERP system/, and implement Quality Management Systems which will utilize planned server equipment and will cover all main operational business processes in the company. Currently the service delivery capacity of WITMIND is fully utilized and there are various inefficiencies in the business activities which prevent the company from improving its competitiveness. This requires company management to introduce a solution and to meet the constantly growing demand for services provided by WITMIND. Therefore, after an analysis and assessment of the needs the company focuses on the introduction of the ERP system and implementation of Quality management systems. The project will immediately result in: Increase of average generated export earnings as a result of the investment project with at least 20 %. Increase in net sales revenue to Total project cost with at least 30%. Increase in plant productivity due to the implementation of the project with not less than 12%. The following results are expected after the completion of the project: Enhanced management capacity and growth of SME WITMIND, through the introduction of ERP system and implementation and certification of QMSs; The following processes will be improved: the process of planning and decision-making process of the organization of resources, the process of organization of the process of service delivery, process of realization of services and the process of internationalization of services.

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Overview

Status Closed (completion date)
Start date 06 Mar, 2017
End date 25 Oct, 2018
Contract date 06 Mar, 2017
View in UMIS

Beneficiary

Financial information

Total cost 427,220.00
Grant 299,054.00
Self finance 128,166.00
Total paid 293,814.48
EU participation percent 85.0%

Location