Management Online: Mining the Full Potential of the Intranet

Abstract

Attention is given to the benefits that the intranet can confer in the areas of accounting and management. Three intranet-based technology initiatives at the consulting engineering and information management firm Psomas are described. It is noted that the systems developed have aided daily operations by serving as information management, business intelligence, and accounting tools. The first provides up-to-the-minute Web-based reporting of the financial status of all projects throughout the company. Customized project portfolios, similar to stock portfolios, allow a group of projects to be consolidated so that the project manager can review them quickly and track particular types of information. The second system calls attention to collection problems before they become serious, and the third reduces the number of hours employees spend on data entry and data management by making it easier than ever to fill out, submit, and approve time sheets.