LONDON, February, 23rd, 2021
Today, TouchstoneEnergy announces that African focused renewable energies company responsAbility Renewable Energy Holding (rAREH) have begun their digital transformation journey.
rAREH has selected Infor’s Financial Management Systems as their replacement accounting system to support the continued growth of their business in sub-Saharan Africa.
responsAbility Renewable Energy Holding invests in developing, constructing and operating renewable energy infrastructure across Sub Sahara Africa, with a particular focus in the development phase. The company’s mandate is to invest in all forms of renewable energy sources (Wind, Solar, Biomass, Hydro and Geothermal) and currently has a portfolio of 41.4MW under operation, 28.8MW under construction and 398MW under development across 11 countries within Sub Sahara Africa.
TouchstoneEnergy, a leading GOLD partner for Infor, who’s focus is the Energy sector, was chosen to supply Infor’s FMS above a selection of competing systems that rAREH evaluated. Infor SunSystems will replace the existing QuickBooks accounting software as this project gains momentum.
Key to rAREH’s decision was the future scale and investment that Infor have committed to in the continued development of their ERP software.
Mr Solomon Njonjo, Finance Director from responsAbility Renewable Energy Holding comments:
our business has grown significantly over the past 3 years, with more and more projects transitioning to construction and operations in different parts of Sub Sahara Africa. This growth creates a necessity to have robust reporting and analysis systems for the company and other business stakeholders. The implementation of Infor’s Financial Management system will resolve multiple business challenges including reporting compliances required for different countries and accounting jurisdictions. The need for strong multi-currency, multi-dimensional reporting and analysis is business-critical to our success.
The new system, along with its ability to scale to include Infor EAM (Enterprise Asset Management and Maintenance) and Infor d/EPM (Dynamic Enterprise Performance Management) will enable us to efficiently and effectively maintain and grow our infrastructure portfolio, but also accurately report across the entire business, enabling us to better understand our financial commitments.
rAREH chose to partner with TouchstoneEnergy because they were able to demonstrate both their deep knowledge of the industry, but also their experience of implementations in Kenya, Nigeria, Gabon and other African nations.
As part of the digital transformation journey, rAREH will see the expanded use of Infor products within Touchstone’s own Cloud environment. This will provide a stable environment and overcome many of the challenges we face in Africa with instability of a continuous power supply.
Whilst Infor EAM will feature in Phase II of this implementation project, it is expected that Infor EAM applications will enable execution of purchase orders, work orders, routine and reactive plant maintenance.
Using EAM’s Mobile applications will also enable field service staff to remain connected with their operational office all the while they are on field locations throughout the assigned process.
Peter Davis, Business Unit Head at TouchstoneEnergy comments:
after a full and engaging evaluation process, we are delighted to have been chosen by responsAbility RE as their preferred solution partner. This is an important project for both organisations and we are excited about getting started. We believe this is the beginning of a long-term partnership as rAREH invests in systems that will meet and exceed the business growth but also support the energy demands of African nations.
About TouchstoneEnergy
TouchstoneEnergy are leading providers of world-class business software and services. We are dedicated to the Energy sector with solutions for every role in the enterprise, from Finance and Accounting to Procurement, Inventory and Asset Management, Business Intelligence, Financial Planning and Business Performance Management.
About Infor
Infor is a global leader in business cloud software specialised by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. To learn more, please visit www.infor.com.
