CIMdata PLM Industry Summary Online Archive
17 February 2009
Implementation Investments
Project Centric Serimax Selects IFS to Enhance Its Operations
IFS announced Serimax, an international welding company focusing on oil and gas industries, has selected IFS Applications to overhaul its information system and optimize the management and follow-up of projects carried out under extreme conditions.
The agreement covers project and inventory management, sales, financial activities, and project execution. Implementation has begun in the United States and France, and will be rolled out across the rest of the group starting in 2010. IFS’ experience and extensive references in the energy industry and the field of engineering, procurement and construction (EPC) were key deciding factors for Serimax.
When designing its information systems, the company had to consider the need to harmonize processes after a merger, the complexity of the projects managed, and the extreme conditions under which the projects are carried out. Serimax needed a consolidated data management system to successfully manage its projects and ensure corporate growth. The rich feature set of IFS Applications allows the company to model project tracking and integrate its scheduling and logistical data. IFS’ ERP solution offers several key advantages, including enhanced profitability, improved management of equipment risks and deadlines, as well as easier and faster collection of customer receivables.
The IFS Applications Project Management component allows Serimax to control all phases in the project lifecycle, improve communications and encourage information exchange between all parties involved.
“With the Sales and Financial Management components in IFS Applications, Serimax can monitor its projects all the way from sales prospecting through to final payment, and can generate detailed project profit and loss reports,” Serimax Information Systems Director Jean-Pierre Genoud-Prachex said. "This is a challenging project for Serimax, covering all our corporate processes worldwide and representing the largest investment we have ever made in an IT system. IFS Applications provides a global view of all our projects and an interdivisional view of their progress. Both the quality and availability of data provided by IFS Applications will boost the development potential for all our businesses."
“SERIMAX is an excellent example of how IFS’ focused industry approach fits the customer’s needs. IFS Applications provides the range of components Serimax needs to run its project-based business efficiently, IFS France President and CEO Amor Bekrar said. “We are the obvious choice for this kind of company working in an international environment."
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