Corvias: Supporting Diverse Infrastructure Needs of Communities

Corvias manages federal government contracts across the U.S. involving infrastructure projects in partnership with the military, higher education, and communities. Corvias turned to SAP for a flexible, future-ready solution that would simplify its IT architecture and drive efficiency. Download the Document

PUBLICPicture Credit | Customer Name, City, State/Country. Used with permission.Corvias manages federal government contracts across the United States involvinginfrastructure projects in partnership with the military, higher education institutions, andcommunities. It provides financing, construction, and energy (solar) solutions.Each business unit and project made independent decisions about technology andworkflows. There were five purchasing tools and three accounting systems. Theorganization’s shared services in HR, IT, risk management, accounting, and financestruggled to connect the complex landscape. There was no inventory tracking, andreporting was done manually. Corvias wanted to simplify its IT architecture with ascalable, flexible, and future-ready solution. It also wished to reimagine back-officeworkflows to help drive efficiency in combination with technology.Corvias: Supporting DiverseInfrastructure Needs of Communities
PUBLIC | 89840enUS (23/09) © 2023 SAP SE or an SAP affiliate company.sap.com/terms-of-useFeatured SolutionsSAP S/4HANA Cloud, privateedition; SAP BTP; and SAP FioriRevenue$500M-1BEm ployees~1,000Products and ServicesInfrastructure projectsIndustryProfessionalservicesCorviasRhode Island, Massachusettswww.corvias.comFeatured PartnerHours to add a newcompany to the ERPsolution, down from4050 hours<10Minutes to run a generalledger report, down fromseven hours10“With SAP BTP, we have visibility into the full coststack across allocations, vendors, and thegeneral ledger. When we're making decisions andtrying to understand where we want to spend money,we know how much are fixed costs versus primarilydirect or segment costs.”David Screnar, Chief Financial Officer, CorviasBefore: Challenges and Opportunities Complex organizational structure with disconnected systems for accounting and purchasing and amanual cost allocation process prone to human error Desire to simplify workflows and get information to the right people for better decision-making Need to create an integrated system to move data between processes without human interaction andimprove efficiencyWhy SAP and Avvale Private edition of SAP S/4HANA® Cloud and SAP® Business Technology Platform (SAP BTP) to unifydata in one place, enabling integrated purchasing and accounting SAP Fiori® apps to enable the development of customized applications for allocating segment costs Avvale for expert guidance and support with software selection and solution implementationAfter: Value-Driven Results Provided actionable information to decision-makers and automated cost allocation, allowing businessunits to see real costs and profitability individually and at the project level Freed up staff to focus on improving working capital through continual improvements Reduced touch points for the accounts payable team from seven to two in 75% of cases, withautomated purchase order management Harmonized data security roles organization-wide and lessened administrative work for site teams Delivered a flexible and scalable platform, allowing smooth and swift assimilation of acquired or newcompanies, such as the solar business that emerged from a project-based modelSimplifying Accounting and Purchasing Processes withSAP S/4HANA® Cloud and SAP® Business Technology Platform
Labor hours savedannually~10,000Touchpoints for accountspayable team in 75% ofcases, down from seventouchpoints2“With SAP BTP, setting up our solar businesswas very straightforward. As we grow, havingflexibility where the platform grows with usis a huge advantage. Our main goal is processsimplification, and we feel we’re achieving this.”David Screnar, Chief Financial Officer, CorviasCorvias oversees projects for the military, higher education institutions, and state and localgovernment in the United States. Each business unit had its own accounting andpurchasing systems, resulting in a complex IT landscape. As it grew, the company wantedgreater simplicity, efficiency, and scalability by streamlining processes.Corvias chose the private edition of SAP S/4HANA® Cloud and SAP® BusinessTechnology Platform (SAP BTP) to centralize data. This has enabled automated andintegrated purchasing and accounting capabilities. The group is also using SAP Fiori®apps to develop customized applications for allocating costs across segments. Avvaleguided Corvias through the software selection task and supported the implementation.Automated cost allocation means master-integration-table changes translate to business-unit and project levels for visible insights and improved decision-making. In purchaseorder management, the accounts payable team has reduced manual processes. Thisallows the team to redirect efforts to higher-value work, such as researching vendorpricing to boost savings. Corvias harmonized data security roles organization-wide. AndSAP BTP enables new or acquired companies to integrate smoothly and swiftly.Generating Efficiency and Flexibility for theFuture