Inoapps is an award-winning, global Oracle Platinum Partner and an accredited member of the Oracle Managed Service Provider Programme. We were named Oracle’s Cloud First Partner of the Year 2018/19.
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Manage subcontractor activities in the Oracle Cloud
In the Engineering and Construction industries, efficient financial management is key to making a profit, especially since margins are usually very tight. Handling subcontractor payments and ensuring compliance is time-consuming, especially if your company is using different systems or tracking information across various projects.
It can take many different systems to manage the movements of just one offshore worker. Often these activities are managed in Excel meaning processes lack visibility and are error prone and time consuming. This can impact negatively on project profitability because:
- Crew utilisation isn’t optimised
- Vessel working criteria are not met
- Mobilisation is inefficient so the business can’t deploy resources when and where they are needed
Many organisations struggle to manage the flow of data into and out of their Oracle Cloud solutions, which leads to data silos and broken business processes.
InoHub is built on Oracle technologies and simplifies the migration and integration of data between Oracle and other on-premises and Cloud solutions.
This helps our customers to deliver their Oracle Cloud projects faster, more effectively, at less cost and at lower risk than traditional tools.
Total Visibility of Rented Assets
Asset intensive industries such as construction and energy face a universal challenge when it comes to tracking the ownership, physical location, associated costs, and status of equipment. Businesses are often fined for returning late, incomplete or damaged equipment and it is common to see project delays due to a breakdown in the rental supply chain.
Joint Ventures are critical in today’s challenging Energy sector, however, tracking the accounting aspects of Joint Ventures across partners and projects can be challenging due to the many complex steps in the DOI, AFE and subsequent JVA processes. The inability to manage these processes in an end- to-end finance system can lead to calculations off-system and multiple sources of information. This in turn can lead to lack of visibility, governance and control.