Use Cases for Data Analytics | Transforming Business

Improved Financial Management for Renewable Power

Written by DSI Team | Dec 20, 2024 8:45:16 PM

The Problem

Our customer develops, builds, owns, and operates clean and green power infrastructure assets in Asia, Europe, Latin America, North America, and other selected global jurisdictions that produce electricity from clean-burning natural gas and renewable resources such as wind and solar technology. They needed an effective way to conduct financial management across all operating teams.

The Solution

Dimensional Strategies Inc. (DSI) undertook a comprehensive and detailed business analysis to ensure that data within the Workday Financial Management system was aligned with the core business processes. This alignment was crucial for establishing a baseline and facilitating ongoing monitoring to drive continuous improvement across the organization. The business functions that were addressed in this process included capacity planning and commissioning, which involves forecasting and preparing for future energy demands and ensuring that new projects are effectively brought online. Additionally, core operations were scrutinized to enhance efficiency and effectiveness in daily activities, while labor productivity was evaluated to optimize workforce performance and ensure that human resources were being utilized to their fullest potential. Through these efforts, DSI aimed to create a robust framework that would support the client's strategic goals and operational excellence.