Supply chain collaboration for the Chief Financial Officer

Supply chains and asset management expenditure have always been areas where the lack of transparency and lack of collaboration has seen significant waste.

The ongoing re-entry of data, the lack of shared information and the uncertainty of the project or order status can increase contract and supply chain costs by 20 to 30 per cent. To date, this has generally been hidden from those looking to push savings through businesses.

ConnectiX can give Chief Financial Officers the ability to push savings through the organisation, via improved outsourcing and management of supply chain arrangements. Our flexible business model requires minimal direct investment by the end client, resulting in a high return on investment.

ConnectiX allows Chief Financial Officers to

• Establish automation and integration with all suppliers, leading to between 20 and 30 per cent cost reduction
• Automate the receipt of new asset data from contractors and feed it directly into existing asset registers
• Automate the receipt of condition assessment data and asset replacement data from contractors into existing asset registers, ensuring asset condition currency
• Automate documentation of the issue and receipt of requests for accurate budgets for maintenance and asset replacements from suppliers
• Automate and monitor the issuing and receipt of work orders for maintenance and asset replacements from suppliers, improving performance monitoring
• Reduce risk by automating the receipt of compliance requirements, for example WHS forms and WHS checklists

About the platform

ConnectiX is a collaborative space that drives down costs and complexity in the asset management industry by allowing organisations to connect their disparate supply chain and workflow, from the back office to the field, increasing productivity, visibility, and compliance.

It is a vendor-neutral cloud-based software solution that takes advantage of numerous emerging cloud technologies to bring the entire supply chain together. It can be integrated with all existing systems, including EAM, ERM, supply chain management work order software and finance software, as well as both internal and external service providers.

ConnectiX supports various Blockchain, IoT, AI and mobility solutions without the need for internal upgrades and allows Chief Financial Officers to continue to utilise any existing software system they already have in place. ConnectiX includes native and browser mobile apps and can be launched on any internet enabled smart device, allowing subcontractors to use their own device, whether it be iOS, Android or Windows. It is able to work offline when internet service is unavailable, storing all the information and uploading it automatically once it connects to the internet again.

While Chief Financial Officers can use the numerous software offerings available to solve individual problems, ConnectiX is the only integration solution that can consolidate their supply chain via the one platform. It provides a single entry across the supply chain with the user only needing to connect once, rather than every time a new product is introduced.