Macmahon opted for a cloud-based software approach choosing to implement SAP S/4 HANA cloud
Since 2018, Full Circle Partners has developed a strong relationship with Macmahon Holdings to help scope, develop and implement platforms that allow Macmahon’s technology to easily grow and expand, as the business does.
Macmahon’s extensive experience in both surface mining and underground mining has established the company as the contractor of choice for resources projects across a range of locations and commodity sectors. Macmahon’s mining capabilities provide a complete mining service for surface and underground operations – from mine development to materials delivery. Macmahon also deliver a full range of engineering services, including design, construction and a range of engineering services on-site to deliver on client needs from the design phase right through to completion.
Established in 2009, Full Circle Partners has grown to become a leading ICT recruitment supplier of SAP professionals. Full Circle Partners has the ability to discover candidates within the local Perth market, Australia wide and further afield to international markets. Our team of SAP experts have the skill sets required to benefit any SAP and cloud-based transformation project. Each organisation is unique, and so are the people who work for them.
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SAP S/4 HANA is an entirely new generation of SAP Business Suite that is defined by its simplicity, massively increased efficiency, and compelling features such as planning and simulation options in many conventional transactions. A benefit for Macmahon moving to a cloud-based mining software solution meant that their businesses based across sites in Australia, Indonesia, Malaysia and South Africa could all receive real-time data.
The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, allowing Macmahon to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards. SAP BPC is the core finance solution that Macmahon transitioned, starting in 2018.
Macmahon now spends 85% less time on period-end closing.
“Supported by cloud solutions from SAP, we’ve implemented several major new initiatives that have played a significant part in turning our business around tripling our revenue and almost doubling earnings before interest and taxes,” says David Van Den Berg, Chief Technical Officer, Macmahon Holdings Limited.
SAP SuccessFactors is a world-leading provider of cloud human experience management businesses are using to transform and expand HR strategies. Macmahon has used this solution to standardise their HR records, learning, onboarding, offboarding and mobilisation processes. They further chose to add Succession planning, compensation and performance and goals. “SAP Successfactors solutions are helping us create a safe and inclusive workplace that provides opportunities for all our people to develop professionally,” says David Van Den Berg.
SAP promises that moving to the S/4 HANA platform will lower inventory costs by 20%, reduce billing process times by 50% and lower your total cost of operations by 30%. Macmahon’s move to S/4 HANA achieved a $5 million reduction in working capital expenses. “We’ve made considerable savings by centralising and streamlining our processes”, says Van Den Berg. “For example, we now spend 85% less time on period-end closing”.
Macmahon was able to eliminate 25,000 paper forms by moving to a digital platform and they saved $2 million by reducing duplicate purchase orders.
Macmahon has been able to meet its goal for this project – to introduce innovative services that would differentiate it from the competition in the mining industry. The new platform has allowed Macmahon to access real-time financial visibility, see live resource capability and be able to respond to new opportunities in an agile manner. They have managed to cut down on on-premise infrastructure by 17% and reduced IT maintenance by 15%.
A note from SAP:
Macmahon Holdings Limited: Harnessing Real-Time Insights to Increase Business Agility
“To meet challenging customer requirements, Macmahon Holdings Limited wanted to improve business agility by increasing visibility across its operations. The company established a unified business operations platform based on SAP S/4HANA Cloud and SAP SuccessFactors solutions to provide a single source of truth across all its markets. As a result, decisions are now based on real-time information, enabling the contractor to respond faster and to help customers address new challenges.”
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We understand that making the move to cloud-based software solutions can be a challenging and time-consuming process.
Contact Full Circle Partners today to find out how we can make your SAP S/4HANA implementation as seamless and smooth as possible. In doing so, we hope to empower the continual growth of your business well into the future.