Achieve Project Deliverables More Predictably
Eralis Project for Engineering Firms, Based on SAP Business One
Eralis Project is currently only available in North America, through select partners.
As an Engineering practice, your projects can be complex. You require sophisticated planning to coordinate the right resources, at the right time, across all stages of a project. Ensuring you meet your timelines is crucial to keeping your resource plan on track and achieving your deliverables. Managing all of this effectively requires an integrated project management system that gives you visibility into all aspects of your projects, including resources, schedules and costs.
Eralis Project, based on SAP Business One, offers the sophistication required to manage your large projects, while being flexible enough to accommodate smaller engagements. The intuitive browser-based solution gives your entire team access to the project information they need, allowing you to get instant, real-time insight into the status of all your projects.
Create Accurate Project Estimates Quickly
When a project goes out to tender, you need the ability to quickly turn around a project plan that includes an accurate budget and timeline. Starting this from scratch for every bid isn’t efficient, or even realistic. With Eralis Project, based on SAP Business One, you can use similar projects that are already configured as a template, to quickly setup your work breakdown structure and assign budgets and resources. From there, it’s simply a matter of adjusting for the specific requirements of the project at hand.
The flexible multi-level work breakdown structure allows you to create flat or detailed project plans, based on the complexity of your projects. With detailed activities and resource assignment, you have access to more accurate resource planning that shows the requirements of individual employees at various phases of the project.
Easy access to actual and estimated cost comparisons on your past projects, allows you to identify stages of the project that require additional budget for labor or materials. The end result is more accurate project plans, turned out in a fraction of the time it used to take before using Eralis Project, based on SAP Business One.
Streamline Project Management from Design to Commissioning
Whether you’re designing plans for a new bridge or conducting an environmental study, you need the ability to track your progress in real-time, to ensure you meet your deliverables. With your entire project team working inside the same system to track time and progress on particular tasks, you have the latest updates at your fingertips. Time and expenses entered by every member of your team are tagged directly to a project or specific project activity, giving you real-time access to your labor and budget status. Visual tools make it easy to see your progress on individual project stages, so you know just how far along you are in comparison to where you should be.
This level of visibility allows you to identify potential timeline and budget overruns early on, before they occur, so you can adapt as necessary and get back on track. If scheduling adjustments are required, you can avoid conflicts with a complete view of your resource commitments across all ongoing projects.
Get Visibility into Your Costs
The many moving parts of your projects make it even more important to have a streamlined method for allocating required costs to the correct projects. Eralis Project, based on SAP Business One, gives you a centralized location to track and process all project costs, increasing the accuracy of your cost information. All time and expenses entered by employees are tracked directly against a project, so you know the exact cost of each project you take on.
Analyzing the actual spend against your budgeted amount across the project stages is simple with all cost data collected against the project. The system is designed to give you deeper insight into your costs on a project-by-project basis, so you can make the required adjustments to improve profitability.
Bill More Efficiently
When you have complex projects, billing becomes more complicated too. As a financial controller, it can be difficult to collect draft billing details from project managers. As a project manager, it can be time-consuming to identify time records, expenses and other charges as Billable, Not Billable, or Work-in-Progress. Add to this the effort required to review the accuracy of potentially billable time and note any necessary mark-ups (or mark-downs) to align with contracted budgets. Monthly billing can become a real hassle, and communicating these details between project managers and the accounting department can quickly become unwieldy.
You need a simple, efficient process for identifying the applicable project costs to be billed to the client according to the terms of your contract. Eralis Project, based on SAP Business One, allows you to configure the billing settings for individual phases and tasks in your project, making it easy to manage as the work gets underway. Draft billing is completed by project managers in a fraction of the time it used to take, with bulk processing of multiple transactions. These draft billing instructions are automatically available to accounting for invoicing with a few simple clicks, dramatically reducing the time required to get accurate invoices out the door and in the hands of your customer.
See How to Take Your Engineering Firm to the Next Level
You can achieve your growth goals by overcoming the 3 most common project management challenges faced by Engineering firms like yours. Take a tour of the solution to see how.