Government contractors are faced with some of the most difficult project controls challenges. They must manage project execution for profitability like all private companies, but through their relationships with the public sector, are also tasked with additional reporting and accountability requirements that can easily cut into margins.
Used by contractors from Aerospace & Defense to Energy to Transportation, EcoSys EPC provides a powerful, easy-to-use, web-based platform for Government Contractors to drive project and program performance, control costs, and deliver new-found visibility. Rely on EcoSys EPC for your full end-to-end lifecycle project control needs – from project portfolio management (PPM) and sales & opportunity planning (S&OP) through project cost management and performance reporting.
Meet Government Reporting Requirements
EPC allows contractors to support government requirements for visibility and reporting throughout their Project Cost Management and Capital Budgeting processes. EPC integrates schedule and cost data to form a “single version of the truth” that facilitates accurate, automated report generation. Use EPC to deliver on specific government requirements such as ANSI 748 Earned Value Management and funds management reporting.
Profitability Regardless of Contract Type
EcoSys EPC was designed to help protect margins and drive profitability regardless of contract type – lump sum/fixed price, cost plus, time and materials, etc. Model cash flows and apply standard or custom cost curves. Measure progress, improve forecasts, and access real-time information to make cost- and performance-improving business decisions. EPC can also serve as estimating software for contractors, allowing an organization to anticipate costs and margins throughout the planning cycle, all within a single system.
While EcoSys EPC easily consumes and organizes the data volume and complexity of major government contracts, it is also ideal for controlling small government and non-government projects, internal projects, and operations. Greater value is unlocked when all your data is in a single system, facilitating both project and organizational budgeting and workforce planning across the project portfolio.
Internal Controls as well as Customer Requirements
The same project data that must feed customer reporting and requirements can also be used for managing your internal project controls. Use your own cost codes or alternate breakdown structure (ABS) that may differ from those stipulated in your contracts. Perform revenue forecasting and support different contract types.