Public Sector Project ChallengesEvery day, companies in the public sector have to discover, evaluate and go after new business opportunities, comply with complex sets of regulations that pertain to government contracting and improve their profitability with better resource and project planning.
Doing business with government agencies is not an easy proposition. The documentation, audit and compliance requirements for a public sector contractor are significantly more complicated than those of traditional commercial companies. Nowhere else but in public sector contracts are margins and timelines so tightly scrutinized.
Keeping up with these ever-changing regulations and remaining compliant can be daunting. To succeed in this sector, companies need a public ERP system to manage compliance and gain control of all the information about their projects so all their stakeholders can collaborate and stay up to date about how their projects are progressing.
Public sector contractors need a public project management solution that handles time-consuming tasks such as cost accounting, revenue tracking, and profit reporting. Government business solutions give firms access to data in real time to keep their projects on track.
A generic ERP system and project software isn’t enough to get the job done. Rather, public sector firms need one integrated government project contract management system like ADEACA ONE that provides project managers with reliable, accurate data in real time so they can keep their projects on time and on budget.
Your Business is Projects
Whether you call them projects, engagements, or service contracts, any public sector initiative is a project-based business. You are like the 20% of all companies that organize their business activities in projects. All project-driven companies suffer from the same fundamental problem – the separation of project operations and project finance.
Like most project companies you probably run your project management system and financial ERP separately. This separation causes delays in data delivery as well as inaccurate information, both of which lead to an incomplete picture and the inability to make real-time, data-driven decisions for your business.
Projects are the center of your business. You need a Unified Project Solution to run your enterprise.
Meet ADEACA ONE on the Microsoft Dynamics 365 Cloud
A platform for how project-driven companies should operate.
Optimize your project financials and operations together. Make real-time, data-driven decisions for your company.Learn more >