Capital Process Consulting provides thorough audits and expert support across all facets of capital systems management. By evaluating existing processes, we identify opportunities for improvement and design customized enhancement tools, including PowerBI dashboards, flowcharts, and automation applications. Our approach is focused on streamlining operations, boosting efficiency, and driving overall performance, thereby cultivating a data-driven culture that empowers effective project management and informed decision-making.

Our Capitalization service includes quarterly site visits to validate completed construction work and update Use and Occupancy (U&O) dates. For ongoing projects, we continuously update projected completion dates to maintain accuracy. These updates are meticulously recorded in SAP, ensuring that the capitalization of completed work is consistently reflected. This process guarantees precise project tracking and the establishment of realistic timelines. Our experienced team delivers detailed reports and actionable insights, empowering stakeholders with better decision-making capabilities and facilitating efficient project management throughout the project lifecycle.

Project establishment begins with defining clear objectives and scope, followed by the creation of a detailed Work Breakdown Structure (WBS) to facilitate organized task management. Utilizing systems like eTrending and SAP, we accurately input project data to streamline estimate coding and forecasting processes. Continuous monitoring of project costs enables the identification of early trends, risks, and opportunities, supporting informed decision-making through trend and change management. This proactive approach ensures timely adjustments and efficient resource allocation, ultimately maximizing efficiency and driving successful project outcomes throughout the project lifecycle.

Requisitions created based on quotations ensure that procurement aligns with vendor-provided pricing and terms, facilitating transparent and accurate purchasing decisions. Distinguishing between capital and expense expenditures is critical for proper financial categorization and budgeting. Verification of receipt with vendors confirms that goods or services have been delivered as ordered, preventing discrepancies and supporting audit compliance. Managing change orders effectively addresses modifications in scope or cost, maintaining contractual integrity. A thorough understanding of General Ledgers (GLs) and adherence to established purchasing procedures guarantee accurate financial tracking and compliance with company policies. Our team offers ongoing support to streamline the requisition process, enhancing operational efficiency and ensuring consistent application of best practices.