IFS is named as leader in the Gartner’s Magic Quadrant for ERP for product-centric midmarket companies, as well as rated as the leading supplier of EAM software for the Oil & Gas industry by ARC Advisory Group. Many of the leading offshore operations & marine services companies worldwide rely on IFS Applications.
As mobile asset owner and operators operate in a truly global environment it is critical that an enterprise solution facilitates a multi-company, multi-currency and multi-language approach. The solution must support several types of companies, including offshore, onshore and shore base, operating in different countries with different value added tax (VAT) and other tax requirements. IFS facilitate an easy set-up of and management of companies through the use of wizards, templates and replications jobs. The solution also uses the principle of parallel currency functionality to keep track of transactions, local currency, and functional/reporting currency.
REAL TIME PROJECT CONTROL
To ensure optimum cost and delivery-time management, new build or modification contracts are typically executed as projects. In IFS Project Management, designated project activities, executed within a collaborative network, are the basis for the planning and scheduling of work elements, including equipment and personnel. Configurable operations planning boards allow visual monitoring and tracking of progress, costs and on-going changes. Project engineers need only a moment to see where they’re at.
SUPPORT FOR VESSEL MOVEMENT
Mobile asset owner and operators are continuously exposed to regulatory changes based on the location of the vessel and the corresponding companies. One critical success factor for offshore service companies is the ability to support the history and traceability for the vessel through the lifecycle, including the movements of vessels between asset owners and operating companies, yard stays and modification jobs. IFS Applications for Offshore Mobile Assets supports the connect/disconnect vessel process to and from different types of companies—thereby avoiding the reclassification of vessel due to a lack of history logging.
SUPPORT FOR GLOBAL EXPANSION INCLUDING BRAZIL
IFS has as one of the only ERP vendors in the market released a core version of IFS Applications which supports the legal requirements of Brazil with concurrent updates when legislations changes.
SUPPORT FOR OFF- & ONSHORE COMMUNICATIONS
IFS Instant Replication, a unique solution for rapid replication of data between offshore rigs or vessels and onshore facilities. The solution replicates documents and transactional data in maintenance and logistics processes via satellite.
INTEGRATED SOLUTION ENSURES HIGH LEVEL OF VISIBILITY & TRACEABILITY
Integrated industry solution securing transactions and increasing visibility & transparency in the operations for equipment, material and people.
LEADING MAINTENANCE & LOGISTICS SOLUTIONS
Support for operations process planning and execution of maintenance, logistics for material and personnel increases operational efficiency and reduces downtime.