Transportation & Logistics
This industry segment accounts for more than 10% of America’s economic activity, and includes airplanes, ships, trains, pipelines, warehouses and logistics services. Governments are now outsourcing transportation infrastructure improvements and maintenance projects to private owners and operators, relieving themselves of investment requirements and providing a source of needed income. Rising fuel costs and the global economic crisis have been major obstacles on the path to growth.
Further challenges arise from the demands to improve energy efficiencies and lower carbon emissions. There has never been a more critical time for developing optimal supply chain strategies, managing outsourced logistics services providers and applying technology for automation and integration benefits. Companies have seen the benefits of a partnership with Sirius Solutions as we bring industry knowledgeable consultants to bear on these complex issues. Our services for this segment have included internal controls development and testing, financial operations and reporting process improvements, state and local tax management and selection and implementation of ERP and ETRM software systems.
In a recent engagement, Sirius partnered with a transportation client to achieve annual savings of approximately $200,000. The Sirius team organized and upgraded the internal state and local tax function by establishing best practices, ensuring accurate and timely tax filings and eliminating costly interest and penalty charges.
Press Release - Sirius Solutions Selects Triple Point Commodity Management Software to Manage its Derivative Valuation and Hedge Reporting Practice
Press Release - Sirius Solutions Grows Energy Advisory Services Practice in Dallas, Texas
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