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Company
description
Established in 1994, Servirail is a privately
owned Company with a turnover of £17M plus and employing over 200 people. ServiRail
is a national railway contractor specialising in railway signaling,
telecommunications and civil engineering. They are also one of the primary
suppliers to Network Rail.
ServiRail are currently experiencing significant
growth and envisage that their 2004 figures will top the £30M mark. To mark
this they were identified by the Sunday Times last year, as one of the fastest
growing companies in the UK today.
Challenge
In this highly competitive market, ServiRail
had outgrown its existing financial accounting solution - Sage Line 50 and were
finding that they couldn’t capture project costs efficiently and effectively,
particularly with the large amount of projects they undertake at one time.
ServiRail realised that they needed a modern,
scalable, financial accounting solution that also had the capability to manage
project costs effectively. The current system was adequate but the belief in
the information provided was beginning to wane. Dean Stoutt – Financial
Application Consultant for Servirail stated “Servirail didn’t need just a
financial accounting system they needed a real business solution”
Selection
process
ServiRail initially scanned the market for all
suitable solutions, shortlisting from the initial ten mid range solutions
chosen, to the four finalists. These had all been chosen for the vertical
experience and fit they had within this industry.
The eventual winner being Microsoft Business
Solutions – Navision. This solution was chosen on several key counts:-
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Partner experience and commitment to the
market
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Partner personnel ability and knowledge
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Product fit for this industry sector
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Fixed price contract so ServiRail could manage
their costs throughout the project and in future
-
Microsoft and Metaphorix commitment to
ongoing Research & Development
Solution
summary
The solution at ServiRail is based upon
Microsoft Business Solutions Navision including MetaBuild, the Metaphorix
solution developed specifically for the Building and Construction industry.
Benefits:
-
Flexible integrated system,
reduces management overhead compared to previous standalone systems
-
Up to the minute
real-time data allows ServiRail to accurately report on the status of any
project
-
Ability to tailor
the solution to the specific requirements of ServiRail
-
Ability to
integrate with other applications, particularly Excel for management reporting
-
The need for
journals, project costs and independent aggregation of costs
-
Multi dimensional
analysis of data from different departments
Day to day
Now three months after go live, Servirail have
identified several key areas that it is helping them improve their business
management and reporting.
The core financial accounting solution is very
strong and the ability to ‘slice and dice’ data to provide management and
project information is invaluable.
The ability to view project information from
different users perspectives is something they now can’t do without, providing
differing views of data for the Financial Director, Quantity Surveyors and
Project Director.
Also the ability to drill down
and look at information in detail is proving very useful for ServiRail.
The ability for the Quantity
Surveyors to manage and authorise their purchase orders remotely, saves a great
deal of time and duplication of effort.
The system is highly flexible
and Stoutt likes the way that views can be customised by the user to their own
specification. He also likes the fact that more detailed changes can be made by
Metaphorix and released via email so they can be integrated seamlessly.
ServiRail had already committed
a significant amount of investment in their internal Microsoft infrastructure
and hence they required a solution that would utilise this to best effect.
With Navision being a Microsoft solution, it sits on top of a Microsoft SQL
database and has links to Microsoft Outlook and Microsoft Office.
Overall this
is now providing ServiRail with better visibility across the whole business and
allowing them to make more informed decisions in a timely fashion.
Conclusion
Working with
Metaphorix, ServiRail has managed to consolidate a lot of its data into a single
system, although as
David Straw - ServiGroup Finance Director
admits, they still have some way to go. “All the systems currently implemented
are new, due to the different timings on these projects; we have completely
replaced or upgraded our existing systems. The nice thing is that Navision has
the capability to offer flexibility and
scalability, which allows us to choose when to extend Navision functionality to
other areas within our business”
Stoutt
continued
“The support from Metaphorix has been excellent and we are constantly kept
abreast of the status of our support calls, this is particularly important when
implementing a new system, as you can see trends appearing and areas where
further training could be required”
ServiRail
envisage significant growth in the future and feel that Navision provides them
with the long term platform to build their business around. “We view this as a
true partnership and it is important that we have a partner we feel will able to
support us not only today but into the future”
Ian Cowan – Managing Director of Metaphorix closed by stating “We
have built many successful relationships with our customers over the years,
these are based on both trust and our ability to deliver true business
solutions. We concur whole heartedly with ServiRail, that these business
critical systems have to be part of a bigger picture, one where we are both
pulling towards a global goal, which is to make sure both companies are
successful, profitable, growth businesses that are here for the long term
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