In a large company, investments and divestments of the most diverse categories are made on an ongoing basis. 1stQuad developed a Capital Investment Management Tool for ABB. The requirements were high: Confidentiality and security must be guaranteed, the application must understand the complex organizational structure, and every employee must be able to handle it easily. The result is an attractive web application with the reliable FAST framework in the background.

At ABB, investments and divestments follow a predefined process – from the acquisition of IT funds to the purchase of land, acquisitions and restructuring. First of all, the client prepares a description of the desired investment, then, depending on the category, different “input providers” assess the process, and finally, the responsible decision maker gives the green light or rejects the application.

1stQuad has developed an attractive web application for ABB, which accompanies the entire approval process of a complex global corporation, guarantees highest confidentiality and traceability and bundles the large variety of investment and divestment categories in a uniform process. Templates are available for the various categories, which harmonize and massively simplify the application process. These templates can be easily created in the admin area. The approval process could thus be significantly accelerated.

To ensure that responsibilities are mapped correctly, the application is closely integrated with the master data and adapts to the changes in the organizational structure that inevitably take place in a global group. Other data sources such as exchange rates are also included. Technically, the solution is based on 1stQuad’s FAST Framework and relies heavily on browser-based spreadsheets with the strictest plausibility checks. In addition, CIMT automatically generates a PowerPoint presentation that illustrates the business transaction.

Particularly important for ABB: The new tool should look attractive and be intuitive for every employee. This was clearly not the case with the previous solution based on Lotus Notes, which was reluctantly used. CIMT, on the other hand, quickly established itself as a convenient, reliable tool with high user acceptance that everyone in the company knows and appreciates.

Interested?

Michael Hofer is looking forward to your inquiry!

Lets go!

Contact Michael Hofer

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.



Why 1stQuad?


1stQuad accompanies companies and organizations on their way to the “Digital Enterprise”.

We are lateral thinkers, use state-of-the-art technologies and create convincing solutions with a focus on the essentials.
As a reliable companion, we attach importance to a holistic understanding, customer proximity and professionalism.

Since 2009 we love what we do and take responsibility. We are constantly expanding our competencies and offering.
We advise, accompany and realise. We are Digital Workplace specialists with comprehensive expertise in communication and collaboration.
We digitize business processes, develop user-centric applications and create intelligent platforms.
For this we use Microsoft .NET, Azure, Office 365/SharePoint technologies and the many years of experience of our employees.

“We improve
your business.”