As Dreamforce approaches, we are featuring guest blog posts from some of the Dell Boomi System Integrator partners who are joining us at the conference. This post is from Travis Parigi, COO and Founder, LiquidFrameworks who is sharing insights on how companies can use FieldFX to optimize field services by connecting to Salesforce using Dell Boomi.
If you’d like more information, or to see a demo, please visit the Dell Boomi at booth #1810 at Dreamforce. If you’re not attending the show, please leave a comment and we will be happy to set something up.
Guest Blog Article by: Travis Parigi, COO and Founder, LiquidFrameworks
Many companies in the oilfield, industrial and environmental service industries rely on the antiquated “Hey, did we bill for that?” method, which often occurs at the end of the month. This highly interactive and interruption-driven process usually involves Operations Managers, Accounting Managers and Field Technicians. Ultimately, after several rounds of verification, you catch any missing items and add them to the invoice (you hope).
Unfortunately, this model leaves money on the table. Based on our customer’s own third-party, outside firm accounting audits, service companies are losing at least 4% of their revenue due to unbilled items.
We understand that these service providers have many types of billable items: materials, consumables, equipment and labor. And, of course, things get interesting when you start offering different prices based on the customer or type of work. It’s difficult to manage all of these components to ensure that nothing is left off of the field ticket… and consequently the invoice.
Now, more than ever, is the time to get rid of inefficient, paper-based processes and invest in an automated system to streamline the quote-to-cash process. FieldFX is the defacto standard for the oilfield, industrial and environmental services industries, helping companies to change the way they manage their mobile field operations. Price books, staff, labor rates, equipment, materials, and job related documentation all in one consolidated solution that works both online and offline from the Internet.
In addition, we have witnessed that integrating FieldFX with payroll and invoicing software is key to providing our customers with a seamless solution. Boomi AtomSphere enables FieldFX customers to gain immediate value by connecting FieldFX to their ERP and CRM systems, among others. The end result is the streamlining of crucial business processes like quote-to-cash and inventory management, resulting in increased cash flow, reduced revenue leakage and enhanced efficiency across the organization.
LiquidFrameworks will be sharing 20-minute best practice presentations in Dell Boomi Booth #1817 at Dreamforce. Come see our presentations at one of the following times:
- Tuesday, October 4: 1:15 PM or 6:15 PM
- Wednesday, October 5: 10:00 AM
- Thursday, October 6: 2:30 PM