One Platform for Technology Innovation in Construction
Balance of Plant (BOP) renewables industry leader, Zenviron is using the COINS Enterprise Resource Planning (ERP+) software system to transform the way the company does business.
Zenviron has set the standard for innovation in wind farm technology in Australia and has built some of the country’s most significant wind farm projects, including the Crudine Ridge Wind Farm in New South Wales and Dundonnell Wind Farm in Victoria to name a few.
Their current project, Rye Park Wind Farm, will be the largest in New South Wales to date, when it’s competed in early 2024.
The growing company needed an integrated ERP platform to simplify the way it manages business operations and support its evolution in the booming renewables sector.
Zenviron’s Chief Financial Officer, Richard Clark, explains.
“Prior to implementing COINS, we were using another system, and it was quite disparate and inefficient as it couldn’t integrate data from across the company. So, information on invoicing, suppliers or project financials for example, were all managed separately,” he said.
“The old system relied on international support which was difficult from a management point-of-view, and reporting was mostly done in Excel, so it took up a lot of time.
“We inherited that system, so when we made the call that it was time to make a change, we looked into the market for a platform that was integrated, like COINS.
Zenviron implemented COINS software to integrate its procurement, project management and financial control systems into one single platform.
We knew COINS could give us those features that we didn’t have, as well as a plan for the future, so we could utilise many of the add-ons COINS has available.
Richard Clark, CFO, Zenviron
Clark said the company was saving significant time through COINS automated reporting.
“I receive automated and personalised reports on a daily basis, which save me so much time. There is no need to log into the system to see what’s happening with financials or projects,” he said.
“And when I am in the COINS platform, I can quickly drill down to the detail of an invoice.
“That’s been game changing for Zenviron,” Clark said.
Transformative Business Planning and Forecasting
Zenviron uses the innovative Business Planning and Forecasting (BPF) feature of COINS, which streamlines monthly financial reporting, and provides management with up-to-date operational and financial data at any point in time.
This information, which is quickly and easily accessible, gives a better understanding of variations across planned, actual, and forecast profitability to manage projects efficiently.
COINS’ BPF allows construction companies to determine the true position of projects and the overall business, and to quickly identify potential risks and opportunities.
The Business Planning and Forecasting feature is vital for Zenviron. The way we can standardise and streamline our end-of-month reporting has transformed the process for us. The way the COINS platform reviews and aggregates data is impressive.
Richard Clark, CFO, Zenviron
The COINS ERP system provides Zenviron with ‘one source of the truth’ to guarantee accurate, timely and verifiable information is available for all stakeholders in the business, through its integrated project control and financial management architecture.
"Prior to COINS, only the accounting team had access to our financial management system which made it challenging for project managers to get the information they needed,” Clark said.
“Now, all our staff can log on to COINS and have critical business information at their fingertips.”
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