Leading renewable energy supplier reaps benefits from upgrading Infor SunSystems with LAKE
Melton Renewable Energy UK PLC (‘MRE') is one of the leading independent generators of renewable energy in the United Kingdom. The group owns and operates 5 biomass-fired power stations and operates from 25 landfill gas sites with a total net installed capacity of 174MW.
In common with many companies in this sector, MRE utilises Infor SunSystems software for financial reporting requirements.
With each business unit operating from a separate installation of SunSystems, each with a unique Chart of Accounts, a decision was taken to rationalise the use of SunSystems, upgrade to version 6.2 and enhance the reporting framework across the group.
Jamie Lawton, Group Reporting Manager, explains:
“From a financial reporting perspective we were operating as distinct business units on separate installations of SunSystems with unconnected Charts of Account. Group reporting placed a reliance on the use of Excel and manual intervention; inadvertently lengthening the process."
There were challenging elements to this project, such as the move to a uniform Chart of Accounts and tight timescales. But, with LAKE's help, MRE went live as planned and are now enjoying the benefits of the new system.
Jamie Lawton explains:
“Migration to a single installation of SunSystems version 6.2 as well as a consistent Chart of Accounts has enhanced the Group reporting process. We now have access to the Group's financial data through Infor Q&A, expediting the process and improving our ability to perform timely and detailed analysis of the underlying data."
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