Skanska Standardizes on J.D. Edwards 5

Construction services firm looks to increase cash flow through online billing

Denver  January 3, 2003  Construction services firm Skanska USA Building Inc. is using Web-based enterprise software from J.D. Edwards in a bid to increase its cash flow by providing its customers with online billing throughout its U.S. operations.

Skanska, which ranks among the top U.S. general contracting and construction management firms, is part of the Sweden-based Skanska AB global group of companies. It is headquartered in Parsippany, N.J., and, with more than 5,300 employees in the United States, has revenues of approximately $5 billion.

Skanska USA Building is expanding its use of J.D. Edwards software across its U.S. business divisions, allowing its employees to use the Web for faster access to contract billing capabilities, as well as project accounting, financial and human resources information.

J.D. Edwards has been a supplier to one of Skanska's business units since 1999, and the construction firm has created in-house J.D. Edwards experts that are partnering with the solution provider's own consulting services staff to complete the latest software implementation.

According to the solution provider, by upgrading to J.D. Edwards 5, Skanska's nationwide divisions will gain access to project management applications that can be driven by project managers on-site but tracked centrally. The company will also have faster access to Web-based financial and human resource systems, and Skanska will be able to take advantage of contract billing capabilities that streamline processes by delivering bills to owners online, helping to speed customer service and potentially increasing cash flow.

"We are currently consolidating our businesses and want to remain decentralized but integrated, and we felt that uniting the company on J.D. Edwards 5 was the best and most cost-effective solution for our $5-billion combined organization," said Corren Collura, vice president of enterprise resource planning systems at Skanska.

Skanska completed its new J.D. Edwards 5 software and services purchase in October 2002. The company will run its new software on an IBM iSeries platform with a DB2 database.