MANZANILLO INTERNATIONAL TERMINAL (MIT) is a container port located east of the Panama Canal entrance in Manzanillo Bay, on the Atlantic Ocean. MIT plays a crucial role in the global cargo handling system due to its strategic location and its involvement in the transportation network of the world’s major shipping lines. This port terminal connects approximately 125 countries through container transshipment operations.
Since 2012, we have been providing support to this Portuguese energy holding for all its assets in Brazil: eighteen generation plants, two distribution companies, one transmission company, two retailers and two service companies with presence in eleven states of the Latin American giant.
The planning system implemented for EDP Brazil is used monthly to develop the budget forecast, as well as for long-term analysis. The implementation of this solution solved two major challenges inherent to companies with size like EDP’s: on one hand, the need for a single, robust, agile and accurate system that contains the information of all its subsidiaries and on the other hand, the efficient and accurate financial consolidation of all group companies considering intercompany accounts, shareholdings, eliminations, etc. Thanks to the effectiveness of the developed solution, the tool is also a key pillar for long-term strategic financial decision-making.
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