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Case Study

Joyce KranE AUSTRALIA PTY LTD

Joyce Krane (JK) is a family run business which provides a large range of lifting & logistic services including crane hire, crane operators, riggers and lift study services. The business maintains its own fleet. JK operates across multiple industries including Oil & Gas, Maritime, Construction (Industrial & Residential), and renewable energy. Major clients include Chevron, Yara, Rio Tinto, Toll Qube and BHP. 

Solution

How Essatto helped impove the business performance of Joyce Krane.

  • Budgeting and reforecasting
  • Automated data consolidation
  • Simplified end user BI report and dashboard creation
  • Data warehouse

Industry:

Lifting & Logistic Services

Company Size:

SME

Integrations & Apps Used:

keypay intergration with Essatto EPM   

Details

Challenges

  • JK was using multiple software platforms to perform daily operations. None of these were integrated. 
  • There was a basic accounting system in place which was complimented by manual data management and a dependency on excel. This resulted in time consuming and often complex data manipulation to produce meaningful business insight. All management reporting, budgeting, and forecasting was undertaken using spreadsheets will no ability to drill down to detail.  
  • The business had no efficient means to combine data from multiple sources having to resort to Excel for this activity.  

Solution benefits

  • Integrated Excel write back bottom-up budgets and forecasts capable of “What if” scenarios. 
  • Automated data consolidation for history, budgets, and forecasts using the inbuilt hierarchy features.
  • Web reports, dashboards and integrated read and writeback Excel facilitating flexible self-serve reporting.
  • Capture of data from multiple sources into a centralised data store reduced the incidence of bespoke Excel spreadsheets previously used as a de facto data store.
  • Fully integrated Australian Payroll updated on a regular basis for changes to Australian Industrial Relations laws. 

    No. of Employees

    <50

    YEARS IN BUSINESS

    40+

    Outcomes

    I&A implemented an integrated solution that facilitated JK’s transaction processing requirements and replaced several bespoke systems for which they were paying annual subscriptions. The I&A solution provides JK with the ability to integrate with third party systems, in particular their industry specific crane hiring application called E.P.O.S and also accommodates their budgeting and forecasting needs. The solution is fully customisable and scalable such that it will grow with their business.  

     I&A’s integrated solution provided the following benefits: 

    • The client was able to automate many of its manual processes and eliminated several systems which helped improve business efficiency. 
    • Reduced key man risk, manual data input and data cleansing by automating reporting processes. 
    • The Management of 7 companies and 400 assets was made simpler and easier.  
    • The Integration of all financial transactions and operational data has simplified timely access operational and financial data facilitating the development and regular update of more sophisticated and relevant KPIs. 
    • Embracing the world of BI both from a business improvement and staff development opportunity. 

    With Essatto, Joyce Krane was able to replace several bespoke solutions and provided an integrated system.