World’s leading geodata specialist Fugro signs contract with IFS for global financial, project management solution
IFS software to empower 9 000 Fugro staff worldwide with cloud-based capabilities across global finance and accounting, project management and procurement.
With a 9 000-strong workforce in 61 countries, Fugro collects and analyses information about the earth and the structures built on it. The company helps its customers determine the optimal site for the safe, cost-effective, and sustainable design and construction of buildings and infrastructure by acquiring, analysing and advising on geodata for clients in industries such as offshore and land-based energy, renewables, infrastructure and nautical engineering.
The investment in IFS is part of a company-wide initiative that is aimed at bringing staff together in one collaborative way of working, on a centralised technological framework. Without a central system and access to one version of its business information, the company was challenged in leveraging efficient and collaborative ways of working, with common processes and effective business and financial reporting. To provide a single, digital home to its business units, the company opted for a flexible solution that could support its project-based business and ensure timely and accurate reporting in one fully integrated solution. The cloud-based IFS solution will support mission-critical processes, including financial management, project and business management, project accounting and purchasing. When fully deployed, the system will be used in some 40 countries worldwide.
“Companies like us, supporting our clients in managing their complex project life cycles, are often forced to use separate software products to manage different stages of the project, creating multiple disconnects between data, people and time,” Fugro Chief Executive Officer Mark Heine said. “The IFS solution will standardise and harmonise our project-oriented processes in one highly intuitive ERP platform. Having all of our people accessing the same data and working in the same way will be faster and more enjoyable for our teams. We look forward to working with IFS to usher in the next phase of our company’s business transformation journey.”
Frank Beerlage, Managing Director, IFS Benelux, added: “Project-based service providers such as Fugro need business technology that can scale and flex as business and circumstances dictate. We have a very successful track record in developing tools for companies in some of the world’s most demanding environments, both offshore and onshore. Fugro is a well-respected brand in the project-based service space and we are excited to be working alongside them to establish new standards of efficiency and value.”
The solution will be implemented in collaboration with management and technology consultancy and Platinum-level IFS partner, BearingPoint.
Learn more about how IFS supports project-based businesses at www.ifs.com/corp/solutions/enterprise-resource-planning/project-erp-software/.