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Verisae Inc.

Verisae's total capital planning product

Key reasons organizations use Verisae's total capital planning manager

Verisae's total capital planning product helps organizations forecast, track, and evaluate the purchase of capital assets and goods for either sale or retention. The software solution is designed to reveal the potential impact of a particular purchase on the organization's sustainability. This correlation can be of significant importance, due to the longevity of a fixed asset when measured against the growing importance of corporate sustainability.

Verisae's total capital planning product helps organizations control capital spending, manage project time, reduce errors, reveal alternative options, and avoid overspending.

In order to justify capital expenditures it is important to have good visibility into the capital project planning process. To do this, projects should be monitored in real-time to ensure their effectiveness and make sure they stay in budget. Additionally, it is imperative to establish a communication system to ensure that potential errors during construction are minimized and the overall projects costs are contained.

Organizations face barriers to the management of their total capital planning:
• They cannot ensure that projects are completed on time and in accordance with projections
• They may be unable to keep capital spending within budget
• They will have processing errors during construction and projects
• They have trouble integrating schedules with the actual purchasing process to ensure that equipment is delivered on time
• They will have trouble actively comparing scenarios for estimates

Verisae's total capital planning module helps by:
• Automatically creating an electronic listing of items with associated attributes
• Running "what if" scenarios to compare estimates
• Creating purchase orders and variants
• Integrating with fixed asset systems
• Reducing processing errors
• Integrating project plans with the actual purchasing process to ensure timely delivery

Experience the benefits
• Management team members can confidently prepare for capital expenditure projects. They will be able to compare scenarios and outcomes before making a decision. Once initiated, a project can be tracked so completion occurs on time and in accordance with projections and budgets. Additionally, management will see a reduction in project error costs.

Verisae delivers quantifiable value
Grocery retailer Giant Eagle projected a savings of $500,000 in one year due to a reduction in construction project processing errors.

While elements of a project may change, it is still important to maintain budgetary control. As such, automated budgetary tracking and change control will help to eliminate any unexpected costs and errors.

Total capital planning is the culmination and true out of "total cost of pwnership". With the total capital planning product, Verisae helps companies manage their capital planning process around assets and the sites that contain those assets by combining the costs of energy, maintenance, replacement, environmental resources so you can effectively manage capital expenses with full knowledge of all the costs involved.

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