seneca

Background

Seneca Holdings is the investment arm of the Seneca Nation of Indians, and has unique sovereign advantages that help create value for our stakeholders. Seneca Holdings was founded with a broad mandate: to diversify the Seneca Nation’s revenue streams beyond the gaming and tobacco industries and to usher in a new era of nation and region building.

Situation

A young but growing Tribal company with a holding company and numerous subsidiaries, using four different software packages with consolidations being done in a large excel spreadsheet. Rate calculations and the government contracting requirements for accounting and time keeping were either non-existent or non-compliant.

Results

  • We have grown from less than 50 employees to 121 without adding any additional personnel for payroll or accounting processing.
  • Using Time Collection, our projects now get charged the proper labor costs down to the detailed CLIN level. This is a 100% improvement.
  • A weekly import of timesheets improved the accountability and compliance for timesheet completion, signature and approval. This has improved the collection by a full day and enabled total time accounting.

Solution

Seneca worked with WJ Technologies and selected a Deltek Costpoint system. Using the Accounting, Projects, Materials modules that included inventory and sales orders. We also use Deltek Time and Expense and the Congnos reporting tool.

Quote

“Our partner, WJ Technologies, provided innovative support to tackle all the challenges to successfully execute this implementation.  Without the dedication of the WiJiT team and Director of the Costpoint practice, we truly believe that we would not have succeeded.  The teamwork between key personnel at Seneca and WiJiT made this a successful implementation.”

Linda A. Hass, VP of Finance and Accounting, Seneca Holdings, LLC