Construction and Maintenance
Asset Management is a central concept in many companies today, and covers how an organization through a systematic effort manages its assets in an optimal way and thus creates value for the company. With the increasing focus on digitization and a rapidly accelerating development within the technological area, there are constantly new opportunities to optimize and improve. Having the right systems in place, including an Asset Management ERP, to accomplish the task is essential.
Asset tracking (AT) and condition monitoring (CM) are the two main elements within asset management.
With AT and CM, it is possible to make your assets ‘smart and intelligent’, and this provides completely new opportunities for optimizing the business foundation. The catalyst for this is the large amounts of data (Big Data) collected through the use of IoT.
With Sprint365, your company achieves a number of gains and advantages
Sprint365 Construction & Maintenance includes a wide range of functionality, that will strengthen your business from day 1.
PROJECT BILLING
The module helps to define project goals, create projects and establish schedules. It allows project managers to define tasks, allocate resources, set dependencies and track progress.
PROJECT PLANNING
This module helps to define project objectives, create project plans, establish project plans. It allows project managers to define tasks, allocate resources, set dependencies and track progress.
RESOURCE MANAGEMENT
This module provides comprehensive financial reporting and analysis capabilities specific to projects. It includes reports on project profitability, budget utilization, cost allocation and other financial metrics.
BUDGETING AND COST MANAGEMENT
This module allows project managers to define project budgets, track project costs and compare them to planned budgets. It provides insight into cost variances and helps control project expenses.
TIME AND EXPENSES
This module enables project team members to log their time on projects, submit expenses related to the project. Accurate tracking of project costs and facilitates easier control over project accounting.
FINANCIAL REPORTING AND ANALYSIS
This module allows project managers to define project budgets, track project costs and compare them to planned budgets. It provides insight into cost variances and helps control project expenses.
PROJECT ACCOUNTING
The project accounting module integrates with the ERP system’s finance functionality, ensuring accurate recording of project-related financial transactions and maintaining financial data integrity.
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CUSTOMER STORY
CERMAQ (NORWAY)
Norske Cermaq is one of the world’s leading producers/breeders of salmon, which works to create a transition of the food industry towards healthier and more climate-friendly food.
The company’s 3,500 employees run large, high-tech salmon farms in the world’s cleanest waters in Canada, Chile and Norway, respectively, and they distribute salmon of superior quality to customers all over the world every day.
DYNAMICS 365 AS A CENTRAL MANAGEMENT TOOL
To manage the business, Cermaq has implemented Dynamics 365 FO, which is one of the company’s most central and vital IT systems. The foundation of the solution is a “Sprint365 Modern Finance” setup, which is based on Best Practice standards from other international and recognized companies.
In addition to all the extensive functionalities that can be expected to be found in a modern financial system, the solution also contains documentation of the company’s business processes, so that Cermaq can partly ensure its high quality standards and at the same time onboard new colleagues in a simple and flexible way.
Just as importantly, the solution also has built-in advanced, industry-specific functionality. With the help of IoT technology on a number of the company’s devices, it has become for Cermaq to monitor and maintain their high-tech facilities, which are the company’s lifeblood.
The company’s management has thus obtained a comprehensive digital overview and can now make daily decisions based on data, which is also updated 24-7.
Via its new digital tools, the individual employee at Cermaq has received a significant boost in skills, and it has become possible for the company to plan and optimize production to a degree that was not possible before, which has resulted in a particularly positive business case for the project.
RAPID IMPLEMENTATION WAS THE KEY TO SUCCESS
By choosing a ready-to-use Best Practice solution from Sprint365, it was possible for Cermaq to have the business system implemented in a short time, and thus to start achieving business benefits after just a few months.
In the implementation process itself, many things were thus clarified and defined in advance, and the focus could be placed on developing the areas and the functionality that would really contribute to strengthening Cermaq’s business.
Early in the process, functionality and business processes were aligned with needs and wishes at Cermaq, and then both administrators and end users were given access to a digital learning universe in Sprint365. Thus, the individual employee could become familiar with the new system early in the process, and begin an individual learning process on a copy of the future solution, which contained the company’s own data. Thus, the change and the transition to a new system did not become a threat, but a positive and motivating experience.
FACT BOX
The Cermaq solution contains
- Dynamics 365 FO Finans (powered by Microsoft)
- S365 Business Process Modeler (powered by QualiWare)
- S365 Academy Learning Universe (powered by Eloomi)
- S365 Productivity suite (powered by To-Increase)
- S365 Advanced Banking (powered by SK Global)
- S365 Ex-Flow AP Automation (powered by SignUp)
Løsningen er opbygget efter et byggeklods princip, hvor D365FO udgør selve kernen, og hvor ekstra funktionalitet (såkaldte ISV-moduler) kan tilføjes efter behov.
Det hele er opbygget som en standardløsning, hvilket betyder, at der ikke er anvendt særlig kode eller individuelle tilretninger. D365 FO er konfigureret ved hjælp af en Sprint365 skabelon, som er baseret på “Best Practice” fra andre tilsvarende løsninger.
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