EKJ Consulting is a leading Danish engineering consultancy with specialisms across construction, technology, and the environment. In 2022, Mathias Muff was appointed as CFO with a mandate to streamline and modernize EKJ’s financial operations and project management processes. This was at a time when EKJ was struggling to recover from a financially challenging 2021.
After an internal review, several issues were identified which had caused the challenges:
- The company had poor cash flow due to a high volume of overdue invoices
- Many of the company’s projects were very complex which made cost planning and control difficult
- EKJ had made a couple of acquisitions which resulted in a fragmented and disparate internal approach to managing finances and projects across the different teams.
To overcome these issues, EKJ considered upgrading their existing enterprise resource planning (ERP) software by simply investing in an add-on which they hoped would lead to a more cohesive system. However, it was decided that it would be beneficial to opt for a new integrated ERP which could deliver all the functionality and features EKJ desired, without the need for expensive add-ons.
Maconomy is a market leading solution designed for professional services firms and I am confident it is the perfect fit for us. I believe Maconomy will add rigor and consistency to the way we manage our projects, which in turn will boost our financial performance.
EKJ selected Deltek Maconomy, as it is a scalable and intuitive ERP which consolidates all financial processes and project systems into one streamlined platform. Deltek Maconomy also provides the in-depth reporting, transparency, and efficiency across the project workflow which EKJ so urgently needed.
Mathias at EKJ commented, “We are excited to be partnering with Deltek. Maconomy is a market leading solution designed for professional services firms and I am confident it is the perfect fit for us. I believe Maconomy will add rigor and consistency to the way we manage our projects, which in turn will boost our financial performance. It is also important to us that our project managers are able to work collaboratively with a user-friendly ERP which will deliver maximum value whilst requiring minimum effort, and Maconomy promises to do just that!”
Pouline Wagtberg, Managing Director, Nordics at Deltek added, “We are really pleased to welcome EKJ to Deltek Project Nation. Deltek Maconomy is absolutely the right choice as it will drive business efficiencies, promote productivity, and deliver real time visibility during every phase of the project lifecycle. This means senior management will be well-equipped to deliver smarter, more informed decisions which will propel the business forward and increase profitability.”
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