Industrial Specialty Contractor Saves $150,000 Annually
The Client
IREX Contracting Group is a large-scale contracting organization with more than 30 locations across North America and is ranked among the ENR’s “TOP 600 Specialty Contractors”. The IREX Contracting Group is an expert in offering services in the commercial, industrial, marine, and insurance markets. There contracts include jobs in manufacturing facilities, power plants, process plants, and power plant shutdowns. (www.irexcontracting.com)
The Challenge
IREX struggled to standardize the way time and payroll information was captured and calculated. IREX’s ERP system was not flexible enough to accommodate requirements from multiple subsidiaries and multiple project environments. Their inability to standardize resulted in disparate and inefficient systems (spreadsheets, customer systems to paper-based solutions), costing them $175,000 per year.
The Solution
The DTC flexible project centric model enabled IREX to use one standardized system, configured in multiple subsidiaries to meet each project’s requirements.
The Outcome
Today, IREX’s time and payroll data for all 12 subsidiaries and all 55 branch offices is captured in DTC, validated and submitted weekly to JD Edwards for payroll processing, saving IREX $150,000 annually.
IREX Contracting Group
INDUSTRY:
Construction
ANNUAL REVENUE:
Over $240 million