Page 40: of Maritime Reporter Magazine (October 2025)

Graphic courtesy Cost Fact now transfer the calculation budgets to each project. So while we maintain with up-to-date actuals from ongoing our ERP system with a single click, re- structure, we’re not boxed in. Every es- projects within the costing process.

placing the previous manual data entry timate is tailored, yet traceable.

process that took hours. What advice would you give to other

Has CostFact improved collabora- shipyards considering a move away

How did your team adapt to the new tion across departments? from spreadsheets?

system? Absolutely. Today, design, procure- Understand what truly matters in cost

Of course, my colleagues were also ment, and project management all work estimation: fully transparent budgets at familiar with the advantages of Excel. with the same set of cost data. The pro- all times, built on reliable data from pre-

But as with any change, it was important curement team gains early insight into vious projects, re? ned by experienced to involve the team early during the test- expected costs and quantities, which professionals into accurate, decision ing phase. The bene? t was clear: they signi? cantly improves planning. Our ready calculations for stakeholders.

quickly saw how CostFact eliminated project engineers make targeted and ef- If you’re spending more time manag- manual steps and reduced the potential ? cient use of the offer pool, across all ing spreadsheets than analyzing data, for errors. The advantages became ap- projects and at any time. it’s time for a change. Choose a solu- parent early on. This creates a shared language across tion that supports your unique way of

Thanks to targeted training and a the entire organization. In parallel, calculating and don’t underestimate the well-structured transition period, the we’re developing additional processes importance of involving your team early new system was quickly accepted. To- to make offer evaluation more sustain- in the process.

day, my colleagues are highly pro? cient able and to digitally support both speci- A good system doesn’t replace your in using the software, which is some- ? cation development and the prepara- expertise, it ampli? es it. And it gives thing I’m genuinely pleased about, as tion of supplier quotes. you the freedom to focus on what truly it shows that the change has truly taken matters.

root. What’s next on your digital transfor- Abeking & Rasmussen’s move to mation roadmap? CostFact marks a key milestone in the

How does the system support the CostFact offers many additional fea- modernization of shipbuilding estima- ? exibility needed for custom ship- tures that we haven’t yet fully explored, tion. Given the increasing complexity building? but which have the potential to further and competitive nature of the world of

That was one of our top priorities. enhance the quality of our cost esti- custom shipbuilding, digital tools such

CostFact allows us to build templates mates. Looking ahead, we plan to deep- as this are proving indispensable for en- for common systems and components en the integration with our ERP system, suring the pro? tability of shipbuilding but also lets us adjust parameters for enabling us to work more seamlessly projects.

40 Maritime Reporter & Engineering News • October 2025

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