Asset Acquisition

A digital solution was required to replace a highly manual process where market-leading software didn’t exist. Our PE-backed customer wanted to acquire new assets with input from multiple parties.

Business Benefits

• The creation of a single portal where all users access their tailored journeys that execute a single end-to-end business process.
• With Excel removed, there is only one version of the truth, which saves time and money.
• Capital drawdowns can be done accurately with real-time cash forecasts, which helps lower the total cost of borrowing.

Core Solution?

Users:

The digital solution provides access to a secure cloud-based portal, and tailored journeys for internal and external stakeholders with live updates and automated issue notifications. The system automates workflow and stage gate approval.

Connections:

The solution creates new connections with cloud asset data, image, and document storage. Database-style searches that return asset-related data are also enabled.

Data:

Multiple stakeholders enter previously siloed data with strict access permissions. Users can display asset data as a single record, a list of records, or a searching list. Data validation provides accuracy, cleanness, and completeness to the dataset by eliminating data errors to ensure that the data is not corrupt. Full backup and restore services provide data security.?