REAL-TIME PROJECT INSIGHT FORCivil Engineering
FASTER RESPONSE. MORE CONTROL. LOWER RISK.
THE REAL-TIME ECONOMY
The Real-Time Economy is the new consumer mindset with expectations of instant access to products, services, and information, stemming from business processes and value chains becoming entirely digitized and connected. The Real-Time Economy is all around us. We see it in every facet of our lives, from the automated and immediate availability of products and services to instant updates on just about anything across all our devices.
This shift into the Real-Time Economy is not new. It has been occurring undeniably for some time. What is new is that this trend is now pervading project-based businesses.Civil engineering construction firms have to be able to distribute and reallocate their materials and resources with very little warning to ensure that your projects, which are already operating under tight margins, don’t become completely unprofitable. Just accounting for equipment and labor has become increasingly complex. As a civil engineer contractor, if you can't manage your resources efficiently, the costs for your once profitable projects will spiral out of control. Ultimately customers feel cheated because their expectations aren’t met.
As a project-based business, the Real-Time Economy is
What is the Real-Time Economy and
what does it mean for project-based companies?
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DOING BUSINESS IN REAL TIME
FASTER RESPONSE. MORE CONTROL. LOWER RISK.
What does it mean to operate in real time?
It is about monitoring your entire project portfolio continuously and being able to react immediately when situations change. Project insight, such as estimate at completion, variance, margins and risk profiles should be aggregated and accessed with the tap of a button. Armed with such real-time insight, you are better equipped to meet the demands of the Real-Time Economy by responding faster and exercising more control over risk, profitability, and cash flow.
SPECIFIC CIVIL ENGINEERING CHALLENGES
Many civil engineering construction companies have implemented various project accounting systems that accomplish what they claim to accomplish, but don’t offer integrated functionality for resource planning or project management.
Unfortunately, most ERP packages are too limited or segmented in their functionality to offer true project lifecycle management to civil engineering companies. A truly functional enterprise software tool for this industry must provide functionality for engineering, procurement, and construction. But it must also allow information to flow easily back and forth between these different disciplines so that risk can be managed dynamically as the project progresses.
THE RIGHT SOLUTIONWhat you need as a civil engineering contractor is a Project ERP solution that can integrate completely into all of the other aspects of your organization and improve efficiency and performance. Project ERP will consolidate critical business processes into a single integrated application for civil engineering contractors. It enables civil engineering firms to more efficiently manage and allocate resources and equipment across the organization.
Project ERP improves collaboration for civil engineering contractors internally as well as with suppliers and subcontractors. It enables you to respond to unexpected project situations, and design changes can be quickly pushed out across this integrated solution. Additionally, a single integrated software solution will reduce the risk across an organization, especially when it comes to reporting and invoicing.
Most commercial project solutions live outside of the central ERP system and offer only minimal integration, a competitive disadvantage to project-driven companies like civil engineering contractors. Business success depends on clear visibility into delivery operations, and the lack of real-time integration can mean the difference between business success and devastating failure.
To meet the demands of the Real-Time Economy we deconstructed the common processes for project management and enterprise resource planning and unified them into ADEACA ONE – delivering a platform for how project-driven companies should operate. Our unerring passion for the last ten years has been analyzing, optimizing and reengineering the processes
>Addresses your entire project-based business, not just a part of it. With ADEACA ONE, the functions of ERP and operational project management are different aspects of the same system, working together in concert.
Only this comprehensive structure will enable you to meet the demands of the Real-Time Economy.
ADEACA’s Project ERP solution helps manage day-to-day project operations, so civil engineering contractors can meet their project goals and deadlines.
Request a consultation or demonstration with our experts to learn how ADEACA can bring your civil engineering business into the Real-Time Economy.