Qualco selects COINS ERP system for its operations.

Beirut, July 21st, 2011: In line with its strategy to remain at the forefront of the construction and general contracting industry, Qualco – a member of Quality Investment Group (QIG) and one of Lebanon’s sector leaders – has recently decided to implement the COINS ERP solution after a detailed review of the market.

Being the first company to bring this system to Lebanon, Qualco will rely on the COINS ERP software to provide an ‘Enablement Platform’ to maintain robust business processes at head office and on remote projects. COINS will be used at Qualco, across all departments, enabling the mapping of the business processes and procedures with its powerful workflow tool to ensure full compliance regardless of where the user is located; benefitting from an ERP that has far greater depth and breadth than other systems.

Commenting on the initiative, Qualco’s Chairman Roger Karam said: “Qualco is running its day-to-day operations with a financially strong and reputable shareholder base providing an unrivalled quality of work, resulting in high customer loyalty. Our aim is to constantly improve our performance to ensure customer satisfaction at different levels. This is why we largely rely on groundbreaking technologies that allow us to remain in the lead and ensure the company stays on this path, and remains steadfast in careful and continuous improvement of procedures and processes, to further improve client satisfaction.”

He added: “We reviewed in depth a number of construction specific ERP solutions. We selected COINS simply because the product has much more flexibility than anything else and is designed on a robust platform. It has proven strong multicurrency capabilities and allows us to fully automate our processes, while applying good business practice. Its browser based front office provides a user friendly environment and secures proper connectivity for users regardless of their location“.

Karam also asserted that the COINS ERP platform will replace a variety of legacy systems and spreadsheet software. Project sites and departments will be responsible for data entry of requisitions, delivery and reporting, thus eliminating the traditional paper or email trails which are prone to redundancy, error and inconsistency. The HR module will meet all the requirements of the department, to track recruitment data, training, employee evaluations and career pathways, along with all standard HR components such as time & attendance and vacations. Data, across the board, will be automatically transferred to COINS to ensure that records are held centrally and accessible, in proper reporting format, from any location, with a high level of security. This will provide management real time genuine information, allowing it to analyze and act upon financial, cost, planning, qualitative and communicative issues. “It is a true business intelligence platform that will allow us to foresee glitches and take corrective action at an early stage”.

From his side, COINS Business Development Director Nigel Cope confirmed that the initial phase will be the implementation of the COINS Financial (operating on a multi-company, multi-currency basis), Commercial, HR, Payroll and Procurement modules, running on a Central Repository server located at Qualco’s head office. The Statutory payroll reporting to the Lebanese government is also being delivered as part of the initial project.

“We are absolutely delighted to welcome Qualco as a new customer - our first in Lebanon - and the opportunity to implement COINS in one of our emerging markets, the Middle East. We look forward to a long and mutually rewarding relationship in which we continue to deliver value via the platform created by the introduction of COINS ERP”, Cope added

At a later phase, COINS Plant Manager Module, COINS CRM, and Residential Development modules will be introduced to support Qualco and QIG’s businesses, as a whole; giving the company a regional edge and access to different markets in the Arab World.