REAL-TIME PROJECT INSIGHT FOR
Advanced Engineering

FASTER RESPONSE. MORE CONTROL. LOWER RISK.

Are your projects ready for the Real-Time Economy? Real-time enterprise operations is not simply about speeding up information flow. It is also about being able to monitor your entire portfolio continuously and react instantly when conditions change.
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Advanced Engineering Firms

In today’s volatile economy, advanced engineering firms are required to manage increasingly complex projects for their customers, while still having control over project costs and meeting tight deadlines.

Constantly changing mission requirements, unpredictable emerging threats, and continuously evolving technology mean federal defense and civilian agencies are faced with progressively more engineering and electronic system design challenges

Additionally, larger electronic system development efforts are often hampered by budgetary constraints. So these defense and civilian agencies turn to advanced engineering companies for state-of-the art engineering functionality and customized solutions so they can keep their missions on track and stay ahead of threats and challenges.

But meeting the terms of the specifics of customer contracts, project reporting requirements, invoicing formats as well as a complicated network of subcontractor resources can heavily burden advanced engineering companies and their employees.

Project Based

These challenges make it critical for advanced engineering firms to maintain real-time views of their customer’s resources, and projects. They have to customize their services to meet the needs of public, private, government and international clients.

The profit margins for companies in the advanced engineering sector are tight enough as it is and the last thing they need are unexpected events pushing their projects into unprofitable territory.

It’s an ongoing balancing act for advanced engineering companies to ensure that the right resources and materials are available at the right time and place, across all of their projects. That’s why advanced engineering companies need the right business management systems to help manage day-to-day operations, and empower their people to focus on what they do best – serving their clients.

Challenges

To ensure profitability, companies in the advanced engineering industry need the tools to track and win new project opportunities, collaborate on project documents and activities, manage resources and subcontractors efficiently, and accurately report on the performances of their clients and projects.

Advanced engineering firms need a consolidated solution that enables them to effectively manage all the critical components of their projects – a solution that provides a holistic and project-centric approach so they can efficiently manage the entire lifecycles of their projects, operational as well as administrative.

Technology and data are critical parts of any business, and advanced engineering companies have to leverage this technology and data to improve their own bottom lines, and, in the process, the bottom lines of their customers.

To help manage the complexity and volume of data, most advanced engineering companies implement disparate project management tools but their business operations run less efficiently than ever.

Advanced technology is key to helping advanced engineering firms deliver projects more efficiently. To manage their customer engagements and their projects, advanced engineering firms need a single, integrated system.

Project ERP

To track complex projects, advanced engineering companies must implement a structured, controlled way of managing their projects via a Project ERP system. The system should enable them to monitor all the changes to the costs and progress of their projects and allow them to make adjustments instantly.

When problems arise, Project ERP helps advanced engineering companies rapidly respond to customer requests as well as better manage and execute their projects.

The premise of Project ERP is that accurate and timely information must flow seamlessly between the various business functions. That way decision-makers will not only have visibility into what’s going on inside the enterprise, they’ll also have greater control over all parts of the business.

Proposition

By choosing ADEACA’s Project ERP solution to help manage day-to-day project operations, advanced engineering companies can meet their project goals and deadlines. With a true Project ERP system like the one offered by ADEACA, advanced engineering firms can:

  • Provide a more cohesive view of operations in real-time
  • Cut down on manual work, and make cost-effective maintenance planning possible
  • Meet the need for global standards
  • Effectively evaluate the profitability of projects in the sales phase and maintain that profitability through planning, design, and development
  • Ensure resources are utilized effectively across a portfolio of projects
  • Reduce margin variance and cost overruns by showing exactly which resources and equipment will be available prior to project start
  • Improve post-delivery service opportunities by coming in on time and on budget more often
  • Quickly respond to scope changes and other external delays, including the impact across their portfolio of projects
  • Provide a clear real time view of their utilization and profitability across their entire portfolio of projects and clients
  • Enable close collaboration between their people, no matter where in the world they are based
  • Effectively manage time, costs, resources, contracts, and changes in a single solution

Generic ERP just doesn’t work for project-based businesses like advanced engineering companies. In fact, implementing an enterprise ERP system could even hinder productivity and profitability.

Project ERP software from ADEACA, on the other hand, will enable Advanced engineering companies to effectively manage and control their client engagements and all related processes while at the same time provide the required insights into business performance. This means they can operate more efficiently, make timely and informed business decisions, reduce risks and increase profitability.
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