EcoSys EPC (Enterprise Planning & Controls) is a web-based Project Cost Management software system which provides the flexibility of Excel-like spreadsheets, with the power and control of an enterprise database application.
EcoSys EPC supports the standardization of processes and reporting in a secure, multi-user environment, while maintaining a full audit trail.
EPC integrates seamlessly with project scheduling systems such as Primavera P6 and Microsoft Project, corporate general ledger, timesheet and ERP systems such as Oracle, SAP, PeopleSoft, and JD Edwards, and various home-grown and file-based sources of data.
- Manage by Program, Project, Phase, Work Package, Task, and Resource.
Maintain budget and forecast costs, quantities, and hours by multiple classification codes, time phasing, and currency. Maintain cash flow curves for costs, hours, commitments, payments, and revenue.
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- Compare versions of project costs and view trends.
Maintain unlimited versions of costs forecasts, including standardized snapshots at regular period intervals.
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- Promote standardization with user-friendly web spreadsheets.
Maintain summary and detailed plans in web spreadsheets. Add memos, notes, purchasing details, and any other supplementary information. Ease-of-use encourages rapid user adoption.
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- Manage Changes.
Maintain changes at each stage of the approval process and designate the business rules for applying changes to one or more budget types (original budget, current budget, current forecast, etc).
- Monitor and report on performance.
Monitor performance of projects against various established targets. Perform Earned Value analysis. Analyze trends and highlight problem areas.
- Consolidate estimates, forecasts, and actuals from multiple sources.
Integrate cost with schedule for accurate bottom-up forecasts reflecting the latest schedule information. Integrate with GL, ERP, Procurement, and Timesheet systems to incorporate actual expenditures.
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- Report on Earned Value Performance.
Perform integrated cost and schedule performance management, reporting and analysis. Earned Value Management (EVM) processes can be established to fulfill internal performance management standards and to meet ANSI 748 industry guidelines.
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Related Links
News - Technip Deploys EcoSys EPC Software as Global Cost Controls Standard
Brochure - Project Cost Management with EcoSys
White Paper - Complying with the 32 ANSI 748 Criteria using EcoSys
Click here to contact EcoSys.