Ecosystem Investment Partners (EIP) is a private equity firm and national leader in large-scale ecological restoration with over 48,000 acres of wetlands and 220 miles of restored streams.
Business Challenges
- Disconnected Planning: Budget tracking disconnected between departments with manual legacy processes causing bottlenecks and delays.
- Project Visibility: Inability to see full project life cycle migration and associated data; difficult to manage several versions of crucial documents.
- Limited Reporting: Current software did not offer reliable, comprehensive reporting of dynamic data to senior leadership.
Solution
- Data Consolidation: Automated data feeds from Yardi/Salesforce allowed for real-time cost, expense, and revenue information on live projects and performance evaluation in real time.
- Project Pipeline: Trackable solution from pipeline to investment where leadership had clear visibility of spending throughout life cycle and milestones achieved.
- Centralized Feedback: Streamlined input and review process to build up project assumptions and estimates that can be readily available across organization and enable productive dialogue.
Impact
- Expedited Planning: Analysis including “what if” versioning was reduced from several days via Excel to a few hours through utilizing Interactive PDFs.
- Centralized Portfolio: Senior leadership can make informed decisions on fiduciary obligations by cross-referencing pervious real estate projects.
- Department Cohesiveness: Vastly improved communication across real estate, operations, and finance divisions to decide KPIs by project, phase, and team leads.
