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Case Study Superior Essex Even if you've never heard their name before, chances are, you've used their products. Superior Essex is one of the largest
Case Study Superior Essex Even if you've never heard their name before, chances are, you've used their products. Superior Essex is one of the largest manufacturers of wire and cable products in North America, with a product portfolio that includes fiber-optic cables, copper telephone cables, data communications cables, and magnet wire for electromagnetic motors and generators. The Company's products are used by telephone companies, distributors, system integrators, and motor manufacturers, including six of the top eight telecommunications providers and four of the top five electro-motor manufacturers in North America With a history of over 50 years of experience in the wire and cable industry, the company has enjoyed a reputation as an innovator and leader to its customer base. Superior Essex has annual revenues exceeding $1B, operates 17 manufacturing facilities worldwide, and employs over 2500 people, primarily in the United States. As a market leader, Superior Essex had outgrown their existing fixed asset system and turned to Bassets for simplified, yet powerful depreciation software. To accommodate multiple plants in the USA, Superior Essex needed a flexible fxed asset solution. Bassets utilized Citrix servers and remote login using the Security Module to limit each plant's access to only their assets. This restricted view of the data ensures the plant managers can only view their own assets and not make changes to the assets of any other plant. Corporate headquarters can then manage the office assets along with everything at each of the plants. They can generate reports for any single plant or consolidated numbers for the whole company. Bassets' depreciation also easily integrates with their general ledger system. Superior Essex was thrilled with the results. Sabra Black, the Senior Accounting Specialist for Superior Essex, had this to say, "Each of our manufacturing facilities is responsible for their own month-end entries. I like the flexibility and the security that Bassets must run reports either at the facility level or at the consolidated level for tax purposes. We also take AANM advantage of the depreciation reports that can be run for a future time frame in forecasting and budgeting. Filtering and sort options allow me to run any number of standard reports, without having to create any custom reports. I love the fact that the reports can be saved as a pdf file. That saves me hours of having to scan and email the reports to our tax department. Overall, we are very pleased with the flexibility of this productr. The compa has the following scenarios.
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