EcoSys EPC (Enterprise Planning & Controls) is fast becoming the global software standard for the project controls industry. A web-based platform, EPC provides the deepest capabilities to support the complete spectrum of solutions within the Project Controls discipline – from project portfolio management and capital program management, through budgeting, forecasting, and performance reporting. EcoSys EPC bridges the gap that has traditionally existed between planning and managing project execution.
Why an Enterprise Project Controls Solution?
Executives, project controllers, cost analysts and those responsible for monitoring and improving project performance need to be able to answer fundamental questions quickly and easily. The questions appear straightforward – What is the current budget? How much has been spent? Why has the forecast changed? Are we performing efficiently? – unfortunately, in most cases finding the answers is daunting and difficult.
Organizations have lacked the proper tools. Finance and ERP systems have proven cumbersome and too rigid for project planning and cost controls since they focus on accounting needs. Scheduling systems lack the necessary focus on costs and historical data. Even organizations delivering large megaprojects still rely heavily on Excel spreadsheets and manual, disconnected processes for project budgeting, forecasting, and performance measurement. These manual processes for data manipulation and cost reporting are time consuming, error-prone, and leave little time for analysis and making performance improving recommendations.
Why EcoSys EPC?
Managing Director, EcoSys
Javier discusses the vision for EcoSys EPC and the Project Controls Software’s capabilities and benefits.
EPC excels in three areas: (1) it delivers the ability to perform best practice project cost controls directly within the system. However, most organizations have good data in multiple systems. As such, EPC was designed to serve as (2) a world-class integration platform as well, facilitating the creation of a “single version of the truth” that encompasses data from schedules, cost actuals, commitments and contracts, timesheets, and more. With that data, EcoSys EPC leverages its (3) built-in reporting engine to provide automated, real-time reports and dashboards, controlled by end users rather than a reliance on IT or outside consultants.
Despite the deep planning and cost control capabilities, EcoSys EPC is easy-to-use. It leverages an Excel-like interface, but runs on a database with full business rule enforcement, audit trail, and role-based security. The system’s configurability allows customers to tailor spreadsheets, formulas, reports and even terminology to create the best possible fit for an organization’s specific industry and internal needs.
EcoSys EPC is a different kind of enterprise software solution which delivers a superior project controls experience having been engineered to be easy-to-use, flexible, and responsive. We invite you to read, explore, and learn more about the EPC Advantage.