REAL-TIME PROJECT INSIGHT FOR
Offshore Services

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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Offshore Services

In the highly competitive offshore services industry, the only way for companies to survive is to be profitable.

Offshore services companies work in an environment driven by deadlines, rapid growth, sudden and unpredictable changes in business cycles, remote work locations and long invoicing cycles.

To compete effectively and successfully, offshore services companies have to move and change quickly. They have to rapidly respond to customers whose requirements and needs are constantly changing.

Offshore services companies have to manage their service crews, parts and equipment logistics, repair operations, and service records as well as ensure that they meet the necessary regulatory, certification and safety requirements.

Project Based

Specifically, offshore services providers must be able to track and maintain their equipment for efficient utilization and improved turnaround time. They also have to manage their staffs and service projects with greater ease and efficiency so they can maximize customer satisfaction and boost the bottom line.

Challenges

Managing and maintaining assets long-term is key for offshore service contractors. Unexpected downtime must be avoided because it directly impacts the bottom line. It’s critical that offshore services companies monitor and manage everything that matters to the business, i.e., initial job and contract set up; job and unit costing; dispatch; labor; field ticketing; equipment rentals; maintenance; billing; and payroll.

Whether companies are involved with construction, drilling, rentals, services or equipment, they have to know how much it costs to run their equipment and employ their workers. They also have to understand which parts of particular projects are making them money or causing them to lose money.

To operate efficiently offshore services companies must:
  • Give service technicians mobile access to data
  • Quickly respond to customer requests 24/7
  • Minimize their customers’ unexpected downtime, delays and expenses
  • Increase customer loyalty and satisfaction
  • More effectively run rental operations
  • Provide high-quality products and value-added services
To help manage the complexity and volume of data, most offshore services companies implement disparate project management tools but their business operations run less efficiently than ever. Advanced technology is key to helping offshore services companies deliver projects more efficiently.

Project ERP

To track complex projects, offshore services contractors 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 offshore services contractors 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, offshore services contractors can meet their project goals and deadlines. With a true Project ERP system like the one offered by ADEACA, offshore services companies can:

  • Provide a more cohesive view of operations in real-time
  • Allow for a high level of equipment availability and safety
  • Increase the life of their assets, 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 high cost equipment and 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 offshore services contractors. In fact, implementing an enterprise ERP system could even hinder productivity and profitability.

Project ERP software from ADEACA, on the other hand, will enable offshore services contractors 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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