Now, only six months after the contract was signed, Yinson’s IFS industry solution has been implemented at the company’s locations in those two countries.
Yinson Holdings Berhad is a Malaysian offshore support and logistics company. In March of 2015, we announced that Yinson had chosen IFS Applications to enhance EPCI project control and improve its operational efficiency. The solution was to deliver project management, financials, time reporting, procurement, and document management to users in Norway and Singapore.
Now, only six months after the contract was signed, Yinson’s IFS industry solution has been implemented at the company’s locations in those two countries. Among the major benefits is enhanced project cost control thanks to the solution’s comprehensive integration between finance, time registration, and procurement. Brad Neve, Yinson’s CFO is delighted:
“We are very pleased to conclude this implementation project only six months after the work began. The rapid deployment was made possible in large part thanks to the dedicated joint efforts of the IFS business consultants working in close collaboration with the Yinson organization. Together, we have implemented a project-oriented industry solution that required no major customizations.”
We are also delighted with the fast implementation time as Glenn Arnesen, CEO at IFS Scandinavia, notes:
“We are very happy to announce the successful deployment at Yinson. By working with leading players in the global oil and gas sector, we are in a position to offer template solutions and services that are based on proven industry best practices, thereby ensuring an optimized functional fit and minimized time to value.”
The next phase of the implementation will cover maintenance, logistics and data replication to ensure asset integrity.
IFS is one of the world’s leading providers of business software to large and midsize companies within the oil and gas industry. For more than 20 years, we have worked closely with leading EPCI contractors, drilling contractors, system/equipment suppliers and mobile asset owners to ensure our solutions meet the oil and gas industry’s stringent requirements.
With over 400 project and asset-oriented companies using IFS solutions today, our strategic focus on the oil and gas industry is evidenced in both deep industry expertise and a solid track record. We offer flexible, component-based project-driven business solutions that manage the entire lifecycle of contracts, projects, assets and services.
And we’re proud of our list of blue-chip customers that includes:
Technip, Seadrill, Maersk Drilling, Maersk Supply Service, Rowan Companies, Odfjell Drilling, Agility Group, Mustang, Babcock Marine, Heerema Fabrication Group, Archer, Apply Sørco, MIR VALVE, Hertel Group, Rosenberg WorleyParsons, BW Offshore, Semco Maritime, Reinertsen, VARD, PGS, Wellstream, Hamworthy, ShawCore, Icon Engineering, Songa Offshore, Mermaid Marine, Trans-Northern Pipelines Inc., and Wood Group.
Learn more about IFS Applications and why it’s the ERP solution of choice for EPCI contractors, drilling contractors, oilfield machinery and offshore service companies globally.