Continuum Technology Corporation is a Philippine-based company dedicated to offering high-quality technology products to Filipinos. In the wake of its establishment in 1997, the business faced a new series of challenges as it strived to keep up with demand and cement its place in the Philippines’ technological market.
Long story short: they were able to do it. But how? One of the key factors that contributed to its successful transition is investing in the proper tools for its growth. Implementing a high-functioning ERP (enterprise resource planning) solution like SAP Business One was a fruitful decision and helped Continuum Technology Corporation address growth pains as a quickly rising company. Here is its story.
Continuum Technology Corporation has existed long before 1997, but this particular year marked a point of significant growth for the enterprise. Things were set in motion two years prior in the month of October. Millennium Technology Corporation, a major IT distributor and shareholder for Continuum Technology Corporation, created an independent POS division that will oversee the distribution of IBM Retail Store Solutions products. At this stage, the company could not have anticipated the massive success that would eventually result from this decision.
And that it did. After the project’s launch in mid-1996, it became a huge accomplishment that the division received numerous acclaims and rewards. IBM Philippines named it the “Rookie Business Partner of the Year”, and even the Singapore-based IBM regional organization awarded the division the “Most Outstanding New Business Partner in ASEAN” in April 1997.
Indeed, the enterprise was soaring to new heights, and as a result of its acclaim, company leaders decided to spin off a new company in 1997. This new company is the Continuum Technology Corporation that people know of today.
Riding the success of the Millennium POS division, the pressure was on for Continuum Technology Corporation. It had big shoes to fill, and several institutions were watching how it would perform. While it did its best, cracks, however, were already showing in its operations. The demand for products was high, but the company had a difficult time keeping up with orders, tracking inventory, and staying on top of its accounting processes. At this time, Continuum Technology Corporation still relied on manual reporting and outdated finance processes, such as physically counting inventory stocks or relying on previous purchase orders (that resulted in overstocking). The company was simply growing too fast in too short a time.
It quickly became clear to the company that change was needed in order to grow. While it was in the frontier of technology products distribution, Continuum Technology Corporation understood that it needed help to confront its growing pains. Hence, they partnered with a long-time player in the technology industry, ANSI Information Systems Inc., one of the leading solutions providers in the Philippines. After a careful examination and in-depth discussion, ANSI proposed a potential solution: SAP Business One.
SAP Business One is a well-known brand across several industries. The famous ERP (enterprise resource planning) software suite has made a name for itself for its high-functioning features and easy scalability that caters to all business sizes. And if its reputation is any indicator, the perks of using SAP Business One are self-evident.
Since implementing SAP Business One, Continuum Technology Corporation experienced a drastic improvement in operations. Generating company and financial reports were shortened from 30 days to five days, which provides ample data for effective decision-making. Accounting processes have also improved, making it easier to track capital and stay on top of inventory.
As Bella La Fuente from the company reported, “SAP Business One helped with the automation of our entire accounting process, which then translates to a more efficient workforce, allowing top management to plan, forecast, and budget better, resulting to direct improvements to our business.”
Continuum Technology Corporation’s story is one that several growing companies have experienced before. Growing pains–whether it is from a lack of infrastructure or tedious workflows–can significantly hinder business operations and hold them back from reaching new milestones. Thus, having an ERP solution such as SAP Business One can significantly help organizations perform at their best and achieve their goals efficiently.
However, good software alone is not enough. It is critical to partner with legitimate and well-informed vendors like ANSI for businesses to get the help and services they need and deserve. If this is the type of solutions provider you would like to partner with, contact ANSI today. Our team would be more than happy to help you and your business transform and reach better heights.