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Project ERP software is really enterprise resource planning (ERP) for project management-related environments like engineer-to-order manufacturing, construction and engineering. Whether you call it a project-based solution (PBS) or Enterprise Project Management software, IFS Applications is far and away the best enterprise application for complex project environments.
Project ERP is more than ERP, more than project portfolio management. It is really an enterprise software solution built not around predictable processes like repetitive manufacturing, but rather one-off projects like engineering construction and fabrication, prototyping and services.
Why do manufacturers of all sizes around the globe, from segments as diverse as defense, oil & gas, high-tech and heavy equipment manufacturers, come to us for project management solutions that are integrated with a full-scale ERP suite? The answer is simpler than you might think—it’s integration. IFS offers a complete project lifecycle management solution with a strong focus on financials, HR, and asset management in addition to the standard functionality you need to run your projects. A single, integrated solution gives you real-time feedback at any stage of the project so that you can act proactively to deviations from plan—a plan that is updated automatically when information is added anywhere, anytime in a project. So follow-up is not just catching up. What’s more, with all the information in your applications, completed projects become templates for successive jobs. This makes costing and risk management so much easier and eliminates nasty surprises. Download more detailed information below. Or contact us directly to discover how to manage your future, instead of wasting time on past mistakes.
You might wonder how an ERP vendor can make your projects more efficient and more profitable. Is it our 20+ years of experience in the sector? Our agile software? Our roots in the industry? The answer is simple—integration. IFS offers a complete project lifecycle management solution with a strong focus on financials, HR and asset management as well as the standard functionality you need to run a project. So a single project-based solution from a single vendor gives you real-time feedback at any stage of the project so that you can act proactively to deviations from plan—a plan that is updated automatically when information is added anywhere in the project. This also applies to changes in legislation. So error- and delay-prone manual entries are a thing of the past; and follow-up is not catch-up. And with all the information in your applications, completed projects become templates for successive jobs. This makes costing and risk management so much easier and eliminates nasty surprises. To find out how IFS Applications lets you invest in your future rather than pay for the past, download more details below. Or contact us directly. That’s the way we’d rather do business.
Savings on time and cost thanks to project-driven material management which ensures that all equipment is procured and/or produced according to project plan and not controlled by the traditional manufacturing (MRP) process. Contract and sub-contract management, which unlike the traditional approach using purchase orders, enables you to handle complex contracts and unstructured deliverables with specific rules for progress and invoicing. Forecasting and project accounting that enables you to conduct cut-offs and forecasting in your projects independent of financial periods. Project accounting that enables you to automatically track progress from the projects and has automatic routines for revenue recognition. Software that ensures information flow and visibility throughout your organization and allows for automatic change management. IFS Applications is all of the above—and more. Download more details below. Or contact us directly. A deal with IFS might be the most profitable contract you ever sign.
Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project based environment like engineer to order, engineer procure construct or services. This white paper covers organizational and technology barriers to capturing project cost along with criteria to select the ideal ERP for effective project costing.