Dynamic Research Corporation, one of the Herschal subsidiaries, is respected throughout the world for its high-precision computerized balancing technology, used for balancing jet engines and components that rotate at more than 100,000 rpm. Ten years ago, before Herschal Products had expanded beyond its original focus on foundry machinery, it needed an alternative to outdated paper-based accounting. After a thorough search, they selected BusinessWorks. BusinessWorks Gold now performs all standard accounting functions at three of Herschal's companies. The system processes payables and receivables, manages ordering and inventory at separate warehouses, and is used to create financial reports such as income statements and balance sheets. The new cost-effective system provides enterprise-wide data access for rapidly growing holding company and its subsidiaries, including a variety of reporting features for enhanced financial oversight.
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