Solutions
Key Features
Here’s how ESP can get you started on a path to effective asset investment planning:
- Assemble your operating and capital expenditure trees by department and line of business. Create parent-child dependencies. Set up multiple alternatives to help you analyze which is best. Forecast costs and benefits over multiple years.
- Conduct business case analysis on your expenditure candidates and alternatives, individually or collectively. Run sensitivity analysis to understand key decision thresholds.
- Identify and configure constraints that help you optimize your long-term spending plans, including items such as spending targets, financial ratios, strategic objectives, risk, asset condition and performance indicators. Communicate the rationale behind your plans to stakeholders to build buy-in.
Key Features
- Multi-Year Plan Optimization
- Project definition and structure
- Spending forecast (capex, opex)
- Asset hierarchies and condition
- Business case analysis
- Plan optimization
- Organizational reporting
- Performance Reporting
- Project lifecycle tracking
- Actuals and variances
- Business case actuals
- Performance indicator forecasting and reporting
- Other Capabilities
- Risk analysis
- Demand side management modeling and analysis
- Labor forecasting
- Budgeting
- Supply chain forecasting and analysis