Offshore, marine, civil, environment and project development. Jan De Nul Group is a leading expert in five main activities.
Jan De Nul Group shapes both water and land. They enable the production of offshore energy and maintain the depth of waterways. They build new ports and create extra land. They realise complex infrastructure works and erect any type of building. They tackle pollution in whatever form. Thanks to the fruitful interaction within our company, we can offer overall solutions that combine one, several or even all these activities.
With thousands of engineers and crews working around the globe on heavy engineering projects, the company’s project progress accounting relies on a complex crossing of financial actuals with budgetary forecasts that depend on weather conditions, fuel prices and the geographical location of ships and materials.
With many reports that each showed only part of the full picture, the visibility over the many concurrent projects around the globe was partial, inaccurate and delayed by at least 1 month. As a large part of the group’s revenue is project-based, it was crucial to have a near-real-time, consistent progress status based on data from multiple sources.
dFakto has set up a dFaktory integrating data from the financial systems and the project management tools. The data are sourced several times per day and are prepared for reporting, after a number of quality checks and enrichments are performed. Two standardised A4 reports are generated per project and automatically sent to stakeholders around the globe; they are used by senior management to objectively compare project performance, both in and across business lines.
“Our management information was provided through a variety of separate reports and systems, giving us insufficient insight into the financial situation and progress of our 450 projects. With a dFaktory that combines the data from our different systems and sources, we now have real-time visibility over each project and over our consolidated portfolio. We identify issues earlier and can take immediate actions, saving millions every year. Also, our reporting system is now much more flexible and can be adapted to our changing needs.”