We are pleased to announce that Works Applications Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director, Chief Executive Officer: Masayuki Makino; hereinafter “WAP”), which develops, markets, and maintains the COMPANY ERP software package for major corporations has achieved a project success rate of over 80% for implementations of its COMPANY HCM Series. The HCM Series is a software package that covers HR, payroll, and work management, and also includes a web-enabled system for filing various requests.
Recently, a growing number of companies face a variety of problems in the process of implementing an IT system, such as project delays due to protracted requirement definition, and cost overruns due to additional development. In fact, some studies have shown that the average project success rate is around 30%. Given this situation, WAP provides "COMPANY" with high compliance rates in terms of product, cost, and delivery dates, as described below. It does this by leveraging its unique business model, by strengthening its internal organization, and by aiming at thorough progress management.
Meeting a high percentage of deadlines, with over 80% of projects implemented on schedule
Last year, WAP began working to establish and strengthen its implementation systems, such as the in-house sharing of knowledge and skills, in order to improve the delivery deadline compliance rate of its system implementation projects. In addition, feeling that the presence or absence of a quantitative management system can have a major influence on the progress of a project, WAP has focused on achieving thorough progress management through its own unique project management tools. By visualizing the status of its in-house projects, WAP has worked to create an implementation system capable of not only preventing delays, but also instantly responding to delays in the unlikely event one occurs. Through these initiatives, WAP has successes in implementing more than 80% of the projects it undertook last fiscal year on schedule.
COMPANY'S unique business model keeps costs on track and provides appropriate quality assurance
Because COMPANY is a customization-free software package that comes with a wide range of standard functionalities that covers all the business practices of major domestic corporations, it does not require any individual development. It makes it possible to construct a system with absolutely no additional costs beyond the start of the project. Because the implemented systems can be operated with only a regular maintenance fee, free version upgrades are provided for perpetuity, even when environmental changes such as the addition of new features and systematic changes occur. This business model helps assure compliance with planned costs and quality.