The renewable energy sector is growing considerably and initiatives such as solar parks, wind projects, and biomass plants are driving the energy transition and attracting both domestic and international investment. However, while there are many opportunities within the renewable energy sector, many companies are facing a common obstacle: internal business management.
Endless spreadsheets, isolated systems that fail to communicate with each other, late reports, and teams spending hours on repetitive tasks are common for many renewable energy companies. This can lead to lack of control, delayed decisions, and opportunities lost along the way.
The question many executives are asking is: How can we grow at the pace the market demands without administration becoming a bottleneck?
For many organizations, the answer lies in making the leap to a cloud management system that centralizes operations and provides reliable information in real time. In this arena, Oracle NetSuite has established itself as one of the most powerful solutions for companies in the energy sector.
Finance and Projects in a Single View
Renewable energy companies know how complex it is to manage multiple parallel projects: a solar park under construction, another already operational, contracts in multiple currencies, etc.
Tracking all of this in spreadsheets or non-integrated systems is not only inefficient but also increases the risk of error.
With NetSuite, every project can be evaluated in real time: revenue, costs, profitability, and projections are visualized on a single screen. This allows management to make decisions with confidence and enables accounting and finance teams to cut out weeks of manual work. Furthermore, the platform is built to handle different currencies, subsidiaries, and regional consolidation—critical features for companies expanding globally.
Uninterrupted Procurement and Supply Chain Workflows
In the energy sector, procurement is not just another administrative procedure. A delay in the delivery of turbines, panels, or inverters can jeopardize an entire project.
Many companies still rely on manual approvals and scattered processes that slow down payments and the receipt of materials.
With NetSuite, the entire purchasing workflow is automated: from the request to the supplier payment, with defined alerts and approval flows. This way, teams stop “putting out fires” and can focus on negotiating more favorable conditions and ensuring project continuity.
Assets and Maintenance Under Control
For operations managers, the risk of a stopped wind turbine or an inverter out of service isn’t just measured in money, but in trust with investors and clients. Managing maintenance via loose spreadsheets means having no traceability or reminders.
With NetSuite, every asset has a complete record: maintenance history, spare parts used, and upcoming scheduled services. This reduces unplanned downtime, improves equipment lifespan, and gives management a clear view of operational efficiency.
Clear Reporting for Investors and Regulators
Regulatory bodies, investors, and banks demand increasingly detailed information: balance sheets, progress reports, and sustainability metrics. Preparing this documentation manually consumes resources that could be dedicated to operations.
With NetSuite, financial and operational reports are generated automatically and are available in seconds. Directors and managers can access always-up-to-date information from any device, accelerating decision-making and conveying confidence to those financing and supervising the projects.
From Disorganized Growth to Sustainable Growth
The future is renewable. But that future cannot be sustained by manual processes, isolated systems, or scattered information.
Adopting a cloud ERP like NetSuite is not an additional expense, but an investment in efficiency, visibility, and control. It allows CEOs, CFOs, CTOs, and managers to rely on a technological partner that simplifies administration and frees up time for strategy: innovating, developing new projects, and growing sustainably.
Companies that are already taking this step are managing to scale with order, attract more investment, and generate confidence among their teams and stakeholders.
Scaling With the Right Partner
At Centroid, we help renewable energy companies achieve operational excellence, optimize mission-critical processes, and accelerate digital transformation. If you want to learn more about how we can help your company grow with control and efficiency, feel free to reach out to us at [email protected] for a no-pressure, complimentary strategy call.
