Power Engineers

Streamlines international business and implements global project processes with Oracle R12.1.3.

Customer Profile

POWER Engineers is a global consulting engineering firm specializing in the delivery of integrated solutions for energy, food and beverage, facilities, communications, environmental, and federal markets. POWER Engineers offers complete multidiscipline engineering and program management services. Founded in 1976, it is an employee-­‐ owned company with more than 1, 700 employees and over 30 offices throughout the United States and abroad.

Power EngineersBusiness Challenge

According to PricewaterhouseCoopers 9th Annual Global CEO Survey, 77% of global CEO's concluded that the level of complexity within their organizations is higher than 3 years ago. This has been attributed to numerous business factors such as acquisitions, strategic alliances, off shoring and outsourcing. To add to this complexity is conforming to local, national and international laws in addition to industry and regulatory standards all coupled with requiring international reporting standards to ensure financial accountability and stability. These business complexities drive cost upward and according to PricewaterhouseCoopers 50% of senior execs believe adoption of best practices, standardization and simplification of business processes will create efficient, streamlined and effective operational teams -­‐ ultimately reducing costs.

Over the past few years, POWER Engineers has expanded its service offerings in the UK and SA in order to provide competitive, global consulting, and engineering expertise to local clients.

Due to global company growth, uncommon financial accounting systems resulted in insufficient reporting that was difficult to verify for accuracy at period end reporting. Furthermore, the reporting required for managing billable projects was insufficient and ultimately resulted in working outside of the accounting system. This directly affected the US Finance teams’ workload who now had to also consolidate, verify and report on global operations across numerous currencies that the current Oracle E-­‐Business system had not been configured to do.

As POWER began to manage more and more projects internationally, each using different software and often using different currencies, it was becoming nearly impossible to keep up with the job of reconciling ledgers across platforms," says Darlene Norton, POWER's Controller.

In addition to reconciling information every month, the challenge of actually managing projects that crossed operating units and accounting platforms using a global resource pool was daunting.

Affiliations and Partnerships

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