The customer's challenge
The customer's challenge
The customer had seen its project profitability decline over the years and decided that an external analysis of the working methods was needed and that they wanted to get input on best practices from similar companies.
System before/after
System before/after
The customer used Next for project management, which was integrated with Visma for finance and invoicing. Our assignment did not result in any system changes, but it did provide a basis for the development of their existing systems.
Solution
Solution
Our project finance expertise combined with in-depth interviews with all relevant functions in the company provided the factual basis we needed to identify the areas of improvement with the greatest potential. We saw no reason to change Next as it offered relevant support for the business at a reasonable cost. However, we saw that the configuration and use needed to be more sophisticated to get better control of the project finances. In addition, there was potential for improved working methods to increase revenue and cash flow that the business itself had not thought much about.
Result
Result
The action plan we handed over was taken over by the company's CFO who took it forward in a group with a few employees. 4 months after we handed it over, they were well on their way to realising the improvements and were very happy to have an external independent plan to work from that was free from internal opinion.
Conclusions
Conclusions
Getting an external perspective on internal considerations and the opportunity to have your own challenges compared to best practice in other similar companies is very valuable because it removes internal contradictions and provides ideas on how others have done it. In addition, the customer also gets confirmation of what they are doing well and can continue with no changes.
We carry out at least 20 different assignments in parallel, which means that our experience bank is developing at a rapid pace. To give you inspiration for projects that can be similar to your current challenges, we share here what we have learnt from others that will benefit you in a future assignment.
What we have done
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Customer case4 min reading timeThe construction group replaced its outdated ERP to harmonise its system landscape, increase internal efficiency and strengthen its project business
The client, a group with several project-oriented organisations operating in various parts of the civil engineering industry, had for some time felt that the current system landscape did not support the projects to the extent that they... -
Customer case2 min reading timeA market leader in a global petrol and retail group that needed to streamline its supply chain.
During the course of the project, a number of challenges were identified that prevented them from achieving the change desired by the category managers in the Swedish organisation. Their culture, team spirit... -
Customer case1 min reading timeThe electric boat company that wanted to switch to serial production
The company was still a venture capital-funded development company where each new product delivered to the customer had its own technical specification, which discouraged planning, standardisation of components and planning of purchases. It... -
Customer case2 min reading timeThe global engineering consultant who wanted to increase project profitability
The company has had an acquisition-driven strategy for many years and is adept at integrating staff functions and business systems, but along the way had failed to harmonise the delivery process to the customer.... -
Customer case2 min reading timeOperationalising project management in a Nordic construction company to support all project managers through a process-oriented approach.
Their existing business/management system, which is currently on SharePoint, is characterised by thousands of documents containing long routines, policies, large amounts of text and outdated information for those who will be running the projects. This leads... -
Customer case2 min reading timeGuiding two different companies within the same group towards a joint decision on a new business system.
When we started the system procurement with our customer, they had two different business systems, one of which would cease to be supported at the end of next year and the other would need to be upgraded and lifted.... -
Customer case2 min reading timeThe retailer who wanted to implement a deviation management system underpinned by a harmonised approach across all countries in the business.
The customer's business in the workwear, tools and personal protection industry was characterised by decentralised processes, with different countries having different levels of progress in terms of whether a system support was in place to manage and monitor... -
Customer case1 min reading timeCustomer needed to streamline e-commerce with new warehouse management systems
For retailers, as for many other industries, e-commerce has been a clearly growing business in recent years and is becoming increasingly important for the major players in the market. But e-commerce... -
Customer case1 min reading timeThe industrial company that needed to create standardised HR processes
A major customer of Rededge in the manufacturing industry wanted to harmonise their HR processes across borders. With factories on several continents, there were major challenges in finding a "unifying" system support that...