January 7th, 2011
EcoSys, the industry leader in planning & cost controls software, announced that its web-based enterprise solution will be renamed to EPC from Financial Manager. The acronym EPC, meaning “Enterprise Planning & Controls,” better describes the software’s expanded capabilities since its introduction six years ago. Following close collaboration with customers over these years, EcoSys EPC delivers optimal project and program planning and cost controls solutions to both the public and private sectors. At the same time, EPC can be easily tailored to the unique business processes of individual organizations. EcoSys EPC is used by some of the world’s largest companies and public agencies to implement best practices for:
- Full Lifecycle Project Cost Management
- Capital Planning
- Budgeting & Forecasting
- Funds Management
- Resource Management
- Earned Value Management (EVM)
Most organizations are dependent on Microsoft® Excel spreadsheets and time-consuming manual processes for performing critical planning and cost controls functions. Analysts spend a majority of their time manipulating data from disparate systems via manual, error prone processes at the expense of strategic analysis and scenario forecasting. EcoSys EPC’s easy-to-use web interface automates the integration of planning and execution data with the security and audit trail necessary in an enterprise solution.
The configurability of the system supports complex business processes and reporting requirements without requiring the involvement of IT staff. EcoSys EPC provides the ability to tailor terminology, web spreadsheets, reports, and dashboards to specific requirements without custom programming. As a result, EcoSys customers realize lower total cost of ownership (TCO) and higher rates of user adoption.
Enabling customers to leverage their existing IT investments, EcoSys EPC easily integrates with enterprise resource planning (ERP) and general ledger software like SAP®, Oracle® E-Business Suite, J.D. Edwards, and PeopleSoft, project management software like Oracle Primavera and Microsoft Project, and many more including “homegrown” IT solutions.
EcoSys is an industry leader in project management, planning, and cost controls software. Founded by the original designers and developers of the Primavera enterprise project management suite, EcoSys has worked with over 200 customers worldwide in industries including government, oil & gas, utilities, construction, and IT. Customers include Amtrak, Los Angeles Department of Water & Power, Northrop Grumman, the Shaw Group, SunTrust Banks, Technip, U.S. Department of Defense and U.S. Federal Aviation Administration. EcoSys is headquartered in New York, with offices in London, San Francisco, and Atlanta.
EcoSys EPC is a next generation planning and cost controls software solution delivering best practices for full lifecycle project cost management in an integrated, easy-to-use web application. Bridging the gap between planning and execution, EcoSys EPC is used for capital planning, budgeting and forecasting, and comprehensive management of costs, funds, resources and earned value.