A nuclear power plant using NuScale's technology is comprised of individual NuScale Power Modules each producing 45 megawatts of electricity with its own integrated containment and reactor vessel, and its own turbine-generator set. Fluor Corporation, a global engineering, procurement and construction company with a 60-year history in commercial nuclear power, is the majority investor in NuScale. NuScale Power, LLC is developing an inherently safe, modular, scalable, commercial, nuclear-power technology. Through implementing Microsoft Dynamics SL, either in the cloud or on-premise, Synergy helps organizations that have outgrown their systems and procedures to operate more efficiently while effectively managing projects, resources, time, financials, and growth.
SYTE CONSULTING SOFTWARE
West Coast, Synergy Business Solutions provides comprehensive software solutions to companies doing project-based work. With the help of its partners Synergy, Syte, and Redstone, NuScale is poised for growth.Ī Microsoft Gold Enterprise Partner with operations primarily on the U.S. With a successful implementation of Microsoft’s flagship ERP solution for project-based companies and government contractors, as well as Synergy’s ongoing support, NuScale Power has developed the proper financial and accounting systems necessary for the major projects ahead.
Dynamics SL’s ease of configuration and impressive flexibility will allow NuScale to simultaneously meet the requirements of both their private commercial customers and the complex regulatory requirements of their U.S. Their review noted the system was implemented in a manner to meet those criteria, which is necessary for an award of a U.S. Government’s pre-award accounting system criteria. NuScale also contracted with Redstone Government Consulting, an industry-leading government compliance and accounting consulting firm, to evaluate NuScale’s Dynamics SL configuration for compliance with the U.S. “Since our initial ‘go-live,’ in January of 2013 and subsequent additions of modules throughout the rest of the year, Synergy support has always been here to guide us during implementation, whether remotely or on-site.” “In collaboration with Syte, Synergy took the time to understand our business and configure the system accordingly,” Adelman said. “With our broad business and systems background and dedication to communication and collaboration, we were the ideal partner for both NuScale and Synergy.” “We quickly saw how Microsoft Dynamics SL coupled with Synergy’s project accounting expertise was a great match to meet NuScale’s needs,” said Erin Koss, Principal of Syte. NuScale’s accounting-system evaluation, selection, and implementation project was led by Syte Consulting Group, Inc., an Oregon-based business and technology consulting firm. “With the powerful capabilities of Microsoft Dynamics SL, we are now capable of producing the proper accounting and reporting required by the Department of Energy as well as customers of our reactor design,” Adelman added. With these improvements NuScale's accounting capabilities are better aligned with audit requirements for federal contracting, as well as major project cost accounting methods. “The automation of financials synchronizes their accounting department and SL’s project accounting modules simplify cost tracking functions. “Dynamics SL fits NuScale’s needs to a tee,” said Jered Cady, Executive Vice President of Synergy Business Solutions.
A great amount of time and resources was invested in benchmarking the best accounting and financial-systems practices to ensure that we would not only select the best software for our needs, but the best implementation and support partner as well.” “The entire project, evaluation, selection, and implementation process took over 18 months. “When we recognized our accounting software had to be expanded to accommodate our growth and the needs of our clients, we began seeking an integrated system to meet those conditions,” said Julie Adelman, Controller at NuScale. A developer of safe, small modular, commercial, nuclear-power technology, NuScale chose Dynamics SL over several other ERP systems for its superior project-management and accounting capabilities and because it will help them fully-comply with government-contract cost accounting requirements.
SYTE CONSULTING UPGRADE
Microsoft partner, Synergy Business Solutions, and NuScale Power announced today the completion of a major effort to implement and support Microsoft Dynamics SL in an upgrade of NuScale’s project accounting and financial management system.
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