Energy/ Power Generation
Maximize operational efficiency, manage growing data storage, and achieve regulatory compliance as mandated by the government and customer specifications. Our business solutions help deliver the key functionality needed for your financial operations, including Cost Center management, Division of Interest (DOI), Joint Venture Billing, Authorization for Expenditure (AFE), and gross and net reporting, while enabling real-time insight into your company’s financial results.
Due to the current state of the United States economy, the Power Generation industry is faced with increasing pressure to maximize operational performance.
The right ERP Business Solutions provide the ability to capture, manage, and share all upstream and downstream data in an end-to-end business solution.
- Track accurate lot / serialized information - key to being able to run a business efficiently. Your employees need to be able to locate things right away in order to proceed in their job tasks.
- Track test results and activate controls. By being able to update your database automatically and analyze results, your employees will be able to be more efficient in determining any issues right away.
- Make sure you meet up to date environmental regulations that impact your bottom line. Regulations are constantly changing, and your business has to be up to date in order to work efficiently.
- Track your permits, approvals, and certificates as soon as they are available. If your business is not able to access permits at the appropriate time, you may lose days of work or even have to completely end a project.
- Track off-shore costs for your budgeting. You may be purchasing from various locations, and can lose track of expenses. Not having accurate information could cause you to use more money then is actually available to plan out your year.
- Market your product effectively to increase your sales. This industry can be very competitive and once you can gain a majority of the area, your customers will remain with you.
- Keep track of your investors allowing you to better predict your budget. Your business will use funds to get ahead and improve system processes but at the same time you have to cover your expenses as well.
MIG & Co. provides various ERP solutions to the Power Generation Industries. Our consultants provide in-depth knowledge of the software platforms with extensive experience.