Connected Everything: Asset Lifecycle Management

Is the gap between CapEx planning, systems, and operational activities restraining your financial planning and reporting capabilities? Does your organization have a way to track plan versus actual and document the total cost of ownership? Are there active and effective project controls?

Here are a few areas where we address these challenges:

• Project management and controls systems
• Organizational breakdown structure (OBS)/cost breakdown structure (CBS)/work breakdown structure (WBS)
• Key Performance Indicators (KPIs)
• Project cost estimating, capital planning, and forecast analysis
• Enterprise reports and dashboards
• Schedule planning and development
• Scope and change management
• Risk analysis and contingency management
• Master data management and governance

Is your organization’s inability to properly record transfers and disposals (SOX compliance) affecting the proper reporting of the company’s reported fixed assets? Does your organization have plans to harness the benefits of advanced connectivity and technologies?

Here are a couple areas where we address these issues:

• Asset acquisition – procurement, receipt, and installation
• Materials and service procurement
• Asset location management
• Warehouse management – assets
• Master data management and governance

Is there a major restructuring and/or M&A event driving complex asset and process transformations? Is there a proper three-way match for your assets?Have regulatory and financial integrity issues plagued the organization?

Here are a few areas where we address these concerns:

• Project accounting
• Fixed assets accounting
• Lease accounting
• Tax accounting – direct/indirect
• Enterprise reports and dashboards
• Controllership
• Master data management and governance

Are your asset managers dealing with underperforming or aging assets, resulting in high operating costs or strained cash flow? Is your organization dealing with planning and scheduling issues, growing maintenance costs, risk and safety concerns, or environmental issues?

Here are a few areas where we address these topics:

• Quality management
• Product manufacturing
• Resource management
• Asset capability
• Demand analysis/production forecasting
• Inventory management
• Metric tracking
• Plant, equipment, and facilities management
• Asset shutdown and outage management
• Asset disposal
• Master data management and governance