In 2015, the government announced plans for a digital tax system that would change the process of doing a tax return forever. This change is known as Making Tax Digital…
Tussa Kraft is the parent company of a group of companies specialising in renewable energy, telecommunications, IT and sale of energy and communication products.
Tussa is a leading Energy and Communications Group with headquarters in Norway. The business areas are energy generation, energy sales, ICT and installation. Tussa focuses on innovation and efficiency. made possible with all their business processes being managed within Xledger. Tussa Kraft AS was founded in 1949 and has been producing and supplying electricity to the southern part of Sunnmøre for nearly 70 years. The company played an active role in the far-reaching changes that have had a major impact on the region’s general industrialisation and on the local power supply in particular.
A multi-entity company
Tussa has demonstrated a capacity for readjustment and adaptation and has now emerged as a leading utility with 200 employees located on the northwest coast of Norway. Tussa is to carry out business operations based on the production, transmission and sale of energy and communication products. The products are to be based on Tussa’s core expertise and infrastructure. Tussa is an organisation in which the parent company, Tussa Kraft AS, owns the subsidiaries Tussa Energi AS, Sunnmøre Energi AS, Tussa-24 AS, Tussa IKT AS and Tussa Installasjon. In addition, Tussa owns 46,34% of the shares in Mørenett AS. So it is multi-entity.
Tussa Kraft AS provides administrative support and services to all the subsidiaries within the organisation. Tussa Energi AS owns and operates 19 hydroelectric Power plants in addition to operating a further two, which are owned by Sunnmøre Energi AS. This energy is sold to the wholesale/trade and retail markets all over Norway, with the northwest coast of Norway being the main market.
Tussa IKT AS manages Tussa’s investments in regional IP network infrastructure, built using wireless technologies, xDSL, ADSL2+ and optical fibres. Tussa IKT also provides advanced IT services to both companies and public organisations in the region.
Xledger – a solution to grow with
Tussa had an old-school on-premise ERP system that was ripe for replacement. It was expensive to maintain and didn’t operate in new technologies. Tussa recognised Xledger was a fantastic fit for their company with the benefits of automation, insight and scalability. Tussa signed up to Xledger in December 2017.
‘It was on the cards that we needed to switch to a newer version of the same system, but we realised that we really did not need major customisation and tailoring. We do essentially the same as everyone else in accounting and economics, and therefore chose to check out more solutions. Overall, we considered five ERP systems. The functionality we looked at in Xledger far exceeded what we saw in the other competitors. Xledger has all the functionality we need is already in place.
The challenge with traditional systems is that they can be developed in different directions, and it will quickly become very comprehensive. Now we automate processes such as invoice handling, timetables and travel plans.
And not least, I look forward to better reporting opportunities with real-time data. Xledger is growing and we see new things coming forward that we can benefit from in our development of the group.’ (Tussa, Knut Øyvind Myklebust, Chief Accountant)
Get in touch
If you are struggling with an old finance management system or are unhappy with your current ERP system, why not get in touch to see how we can help? Request a no fee no obligation consultation by email or ring our team of experts on 0117 3291050.